Wikilix independent safety report
Yes. FX Fair took client deposits, froze withdrawals in 2023, never returned most of the money, and its website now redirects to an unrelated online gambling site. Japan's Kanto Local Finance Bureau…
Risk scorecard · each area scored 0 (clean) to 10 (worst)
What Wikilix has recorded about FX Fair: its history, the licences it holds, its trading conditions and its fees.
FX Fair was a retail forex and CFD brand that presented itself as registered in Saint Vincent and the Grenadines, at the Beachmont Business Centre in Kingstown. It offered MetaTrader 4 across desktop, web and mobile, three live account tiers, and leverage advertised as high as 1:1111. Our research finds no financial regulator anywhere that has authorised the brand or its operator to hold client money or deal in leveraged foreign exchange.
The website is no longer a brokerage. The domain the brand traded under, fxfair.com, now issues a permanent redirect to an unrelated online gambling portal. Both the www and bare forms of the address behave the same way. There is no client area, no login, no funding page and no support channel reachable through it. Anyone still holding a balance with this brand has no working route to it.
Who operates it. The only corporate entity connected to the brand that we could locate on an official register is a Bulgarian company, "ФЕЪР-ГРУП" ЕООД, transcribed as FAIR-GROUP, UIC 204312857. We opened its record on the Bulgarian Commercial Register. It is a single-member limited liability company whose sole owner and manager is one individual, with a registered capital of 25.56 EUR and a registered office at a residential apartment in Sofia. Its registered scope of business is advertising, graphic design and general trade, classified under advertising agencies. Nothing in that record permits financial services, and a company registration is never a substitute for a licence.
The Saint Vincent point matters. The financial authority in Saint Vincent and the Grenadines does not license or supervise forex trading, and the Kingstown address the brand used is a well-known service address rather than a trading office. A Saint Vincent presence therefore gives a client no deposit protection, no segregated-funds requirement, no compensation scheme and no complaints body.
What was offered. Three tiers were advertised, each at a 51 USD minimum deposit: STANDARD from 1.5 pips at up to 1:1111, ZERO SPREAD from 0.1 pips at up to 1:500, and PRO, described as STP/ECN, from 0.0 pips at up to 1:100. Deposits were accepted by card, bank transfer, BitGo and Perfect Money, with a 100,000 USD ceiling on transfers and wallet payments and no fee below 2,000 USD. Withdrawals were quoted at one to five business days by bank transfer and immediately to two business days by the other channels. Instruments covered roughly fifty currency pairs plus metals, energy, indices, shares and cryptocurrencies. These are the terms last published by the operator, and none of them can be acted on now.
Who it suits. Nobody. There is no supervised entity behind the brand, the stated corporate owner is an advertising micro-company, the leverage on offer was far beyond anything a regulated venue may provide to retail clients, and the trading site itself has been given over to a different business entirely. Traders should treat any approach still using this name, or any successor domain, with the greatest caution.
We have not confirmed any regulation for FX Fair. Money deposited with an unregulated broker is protected only by the company itself.
Trading with an unregulated broker puts your deposit at risk.
We have not confirmed any regulation for FX Fair. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.
What this means for you
3 account types on record. Minimum deposit from USD 51. Leverage up to 1:1111.
| Account | Min Deposit | Leverage | Commission |
|---|---|---|---|
| STANDARDStandard | USD 51 | 1:1111 | Not recorded |
| ZERO SPREADZero Spread · ECN | USD 51 | 1:500 | No commission; an external fee equivalent to the STANDARD account spread is deducted |
| PROPro ECN · ECN | USD 51 | 1:100 | No trading or transaction fee stated |
4 ways to fund an account.
| Method | Deposit fee | Withdrawal fee | Min deposit | Withdrawal min / max | Processing |
|---|---|---|---|---|---|
Credit/Debit Card (VISA / Mastercard)Credit CardDeposit channel only; no card withdrawal route was published. Deposits reflected from immediately up to two business days. No fee was charged below 2,000 USD. | Not recorded | Not recorded | USD 51 | Not recordedNot recorded | 2 days |
BitGoCryptocurrencyWithdrawals quoted as immediate to two business days. No fee below 2,000 USD. | Not recorded | Not recorded | USD 51 | USD 51USD 100,000 | 2 days |
Perfect MoneyE-WalletWithdrawals quoted as immediate to two business days. No fee below 2,000 USD, aside from charges applied by the wallet provider. | Not recorded | Not recorded | USD 51 | USD 51USD 100,000 | 2 days |
Bank TransferBank TransferWithdrawals quoted at 1-5 business days. No fee below 2,000 USD. | Not recorded | Not recorded | USD 51 | USD 51USD 100,000 | 5 days |
One trading platform on record: MetaTrader 4.
MetaTrader 4 was the only platform offered, advertised for Windows PC, Mac, iPhone, iPad, Android, tablet and WebTrader, with one-click trading and Expert Advisor support. No broker-hosted download or server details are currently reachable.
One legal entity behind the FX Fair brand.
FX Fair names FXFair Ltd. as the operating company. We could not confirm that registration on the registry.
3 other brokers on the record share what FX Fair offers — its country, regulator, account types or platforms — set beside it on the same measures.
Common questions about FX Fair
The brand was presented as having operated for five to ten years. We could not verify a founding date for any trading entity. The Bulgarian company attached to the name has register entries going back to late 2016, but that company's registered business is advertising, so its age says nothing about how long a brokerage operated.
It is not available anywhere. The trading site no longer operates and no regulator has authorised the brand in any jurisdiction. Any site or agent still soliciting deposits under this name should be treated as an active risk.
Stop sending any further money immediately, including to anyone who contacts you offering to recover your funds for a fee, which is a common follow-on fraud. Gather your account statements, deposit receipts and all correspondence. Contact your bank or card issuer at once about a chargeback or recall, and your crypto exchange if you funded that way. Report the matter to the police or financial-crime unit where you live. Since no regulator authorised this operator, there is no financial ombudsman with jurisdiction to help.
No. Without a licence there is no requirement to segregate client money, no capital adequacy rule, no compensation scheme and no statutory complaints body. A company registration, whether Bulgarian or offshore, provides none of those protections.
Around fifty currency pairs, plus energy such as oil, precious metals including gold and silver, major cryptocurrencies, stock indices and individual shares.
The operator quoted one to five business days for bank transfers and immediate to two business days for BitGo and Perfect Money. Those were advertised times, not verified performance, and there is now no working withdrawal channel of any kind.
Deposits were accepted by credit or debit card (Visa and Mastercard), bank transfer, BitGo and Perfect Money. Withdrawals were offered by bank transfer, BitGo and Perfect Money, with a 51 USD minimum and a 100,000 USD ceiling, no fee below 2,000 USD, and quoted times of one to five business days for bank transfers and immediate to two business days for the others. None of these routes is available today.
Three live tiers, all at a 51 USD minimum: STANDARD, from 1.5 pips with leverage to 1:1111; ZERO SPREAD, aimed at scalping, from 0.1 pips with leverage to 1:500 and an external fee equivalent to the STANDARD spread; and PRO, described as STP/ECN, from 0.0 pips with leverage to 1:100. A demo account was also advertised.
MetaTrader 4 only, advertised for Windows, Mac, iPhone, iPad, Android, tablet and WebTrader, with one-click trading and Expert Advisor support. No broker-hosted download link or server address is currently reachable.
Up to 1:1111 on the STANDARD account, 1:500 on ZERO SPREAD and 1:100 on PRO. Leverage of 1:1111 is far beyond what any mainstream regulator permits a retail client, and is itself a signal that no supervisor was involved.
51 USD across all three account tiers, with no account-opening fee stated. That figure reflects the operator's last published terms and cannot be acted on now, since the site no longer functions.
The brand traded as Fair Group. The only entity we could confirm on an official register is "ФЕЪР-ГРУП" ЕООД, transcribed FAIR-GROUP, UIC 204312857, a single-member Bulgarian limited liability company owned and managed by one individual. Its registered activity is advertising and graphic design, not financial services. No Saint Vincent company matching the brand's claimed registration could be confirmed on any official record.
Not as a broker. The address fxfair.com now issues a permanent redirect to an unrelated online gambling portal, in both its www and bare forms. There is no client area, no login page, no deposit or withdrawal function and no support channel reachable through it.
We rate it high risk and treat it as a likely scam. Three findings drive that: there is no licence anywhere, the corporate entity attached to the brand is a one-person Bulgarian advertising company with 25.56 EUR of capital, and the trading website has been handed over to an unrelated online gambling business. We did not confirm individual cases of theft, so we stop short of calling it a proven fraud, but no reader should deposit with it.
No. We found no licence from any financial regulator authorising FX Fair, or the company behind it, to deal in leveraged foreign exchange or to hold client money. The brand presented itself as registered in Saint Vincent and the Grenadines, but that jurisdiction's financial authority does not license or supervise forex trading, so a presence there confers no supervision at all.
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