Wikilix
Licence record

EPFX: MISA licence BFX2025154

Issuing authority
Moroni International Services Authority
Jurisdiction
Cyprus
Licence type
Market Making(MM)
Last checked
Aug 7, 2026

This is Wikilix's record of a licence issued by Moroni International Services Authority. It sets out what the register says, what we checked, and what the authority's own rules protect.

WIKILIX

Licence intelligence

RecordModified Aug 7, 2026

Licence Verification Record

Moroni International Services Authority BFX2025154

Wikilix read the MISA register on Aug 7, 2026. This is what it said.

Holder
EPFX PTY LTD
Issuing authority
Moroni International Services Authority
Jurisdiction
Cyprus
Licence type
Market Making(MM)
Register status
Claimed; not found on the MISA list
Checked

Checked Aug 7, 2026

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

wikilix.com/brokers/epfx/licenses/moroni-international-services-authority/bfx2025154Fields on file 6 / 11

Open EPFXAll EPFX licencesAbout MISA
Our check
Checked

What we checked

Nobody has adjudicated this licence yet. It is recorded here as claimed, not as confirmed.

Wikilix check
Not checked
Authority strength
Tier 4
Jurisdiction
Cyprus
Last checked
Aug 7, 2026
Register says
Claimed; not found on the MISA list

Finding

An offshore 'International Brokerage and Clearing House' registration from an autonomous-island registrar that is not a functioning financial supervisor; the Comoros central bank has disavowed such licences. The number was not found on the MISA authorised-brokerage list. Client protection: Effectively none.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.
The register

What the authority publishes

Printed as the register prints it. A field that is missing here is one nobody has recorded, not one the register leaves blank.

Licence number
BFX2025154
Licence type (Wikilix classification)
Market Making(MM)
Register status
Claimed; not found on the MISA list
The authority

About MISA

Moroni International Services Authority is the authority that issued this licence, and the jurisdiction it applies in is Cyprus.

Full name
Moroni International Services Authority
Jurisdiction
Cyprus
Strength
Tier 4Minimal supervision. A registration here says little about client protection.
Established
2014
Oversight
A government or statutory body
Firms we track under it
20 firms
Regulates
Forex
Licences it issues
International Brokerage Licence
Typical cost of a licence
USD 3000-7000
Public register
No public register published
Transparency
Low

MISA is classed as an offshore regime. An offshore registration can be entirely legitimate, but it typically means lower capital requirements, no compensation scheme, and a complaint route that is harder to use from abroad.

Protection

What this licence protects

MISA's own rules for the firms it authorises.

  • No compensation scheme
  • Negative balance protection
  • No complaints route
  • Maximum leverage1:997
This describes the authority's regime, not how EPFX applies it.
The holder

Who holds this licence

The licence above is recorded against EPFX. Wikilix holds no separate company records for this holder, so we cannot say which legal company the register issued it to.

Broker
EPFX PTY LTD
Based in
South Africa
Wikilix score
33.7the firm’s overall score, not a rating of this licence

Wikilix has flagged EPFX as a suspected clone of another firm. That is a finding about the firm, not about this licence — the register’s own wording above is what states this entry’s standing.

Provenance

Where this record came from

Every date below has already happened. We do not publish a promised next-update date, because we do not schedule per-licence re-checks.

Last checked by Wikilix
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Also on record

Other licences EPFX holds

One other licence is on record for EPFX.

Frequently Asked Questions

Questions about this licence

Answered from this register entry and the authority’s own record.

Most Popular Questions
EPFX offers customer support via live chat during business hours and email at support@epfx.com. Support is available in English, and the broker maintains social media presence on Facebook, Instagram, and YouTube.
EPFX offers variable spreads and charges commissions depending on the account type, ranging from $3.50 to $25 per lot. The maximum leverage available is 500:1. The broker provides ECN accounts and no-swap accounts.
EPFX supports various funding methods including bank wire transfer, credit cards (VISA, MasterCard), cryptocurrencies (Bitcoin, Litecoin, Ethereum), and e-wallets such as Neteller, Skrill, and PayTrust. Minimum deposit and withdrawal amounts are generally 25 USD, and verification is required for withdrawals.
EPFX offers the MetaTrader 5 platform, which is available on multiple devices including iOS, Mac, Android, and Windows. MetaTrader 5 supports trading Forex, stocks, and futures with advanced analytics and algorithmic trading tools.
EPFX PTY LTD is registered in South Africa and holds a Market Making license in Cyprus. It is regulated offshore by the Moroni International Services Authority (MISA), which is considered a tier 4 global regulator. According to WIKILIX data, EPFX is flagged as a suspicious clone, indicating potential risks.
Licence BFX2025154 was issued by Moroni International Services Authority (MISA), the financial authority for Cyprus.
EPFX holds this MISA licence. A licence on record means the authority published an entry; it is not an endorsement.
We located this entry on the MISA register. Note that confirming a register ENTRY is not the same as confirming a live licence — the register’s own wording on this page is what states its current standing.
Wikilix rates MISA tier 4, the lowest band. A registration here says little on its own about client protection.
Yes, MISA is classed as an offshore regime. That can be a legitimate registration, but it usually means lower capital requirements, no compensation scheme, and a complaint route that is harder to use from abroad.
EPFX has one other licence on record with Wikilix, across one jurisdiction. They are listed further down this page.
Still Need Help?

Can't find what you're looking for?

Our support team is here to help you get the answers you need.