Overall Score41 / 100The Wikilix trust rating of FXverge, out of 100, built from the five factors below.Our investigation found it is high risk and its claims could not be confirmed, but it holds a valid MISA BFX2025073 licence.Regulation18%Identity46%Client terms42%Trading offer67%Service54%Score last calculated 2026/11/07
High risk35 to 49. Serious gaps in regulation, client terms or conduct; the record points to real risk for a deposit.Why: Our investigation found it is high risk and its claims could not be confirmed, but it holds a valid MISA BFX2025073 licence.
41 out of 100 · 77% checkedThe share of the record we could verify. What we could not check counts as unknown and pulls the score toward the middle, never down.
Do not trust
High risk
Fair
Good
Excellent
Our investigation found it is high risk and its claims could not be confirmed, but it holds a valid MISA BFX2025073 licence.
We checked FXverge on 2026-11-07 across its regulation, company record, client terms, trading offer and service, and could verify 77% of its record. Its strongest valid licence is MISA BFX2025073. The score of 41 is what the checked record adds up to; nothing held it down. What would move the score: licence held by the onboarding entity, site integrity, policy risk. Our published investigation found it is high risk and its claims could not be confirmed, with 1.4 years of track record. Its client terms have not been reviewed yet. Trading EURUSD costs about 1.6 pips all-in, spread and commission together.
Score last calculated 2026/11/07
Regulation
Is someone watching them?
18out of 100
Poor
Counts for 35% of the score93% checked
What we checked
Best licence in force20
MISA BFX2025073 in force with a caveat · Sep 25, 2026
Regulator protections0
MISA: 0 of 5 protections · Sep 25, 2026
Licence held by the onboarding entity50
MISA: issued-under name not recorded · Sep 25, 2026
Extra licences in force0
1 licence(s) in force · Sep 25, 2026
What this measures
Whether a financial authority supervises this broker: the licences it holds, whether we verified them on the official register, how strong that regulator is and what protection it gives clients. Worth 35 points of 100.
Identity
Who is behind it, and for how long?
46out of 100
Poor
Counts for 15% of the score85% checked
What we checked
Registry-verified entity50
1 entity(ies) recorded with a registration number · Sep 25, 2026
Who is behind it and for how long: a company registration we verified, years of verified history, how openly it names its entity, address and owners, and whether its website is intact. Worth 15 points.
Client terms
Are the client terms fair?
42out of 100
Poor
Counts for 15% of the score20% checked
What we checked
Policy riskNot checked yet
No published policy review
Critical clausesNot checked yet
No published policy review
Withdrawal rails10
3 rail(s): 0 fee-free of 2 known, 0 instant of 3 known, minimum $120 · Sep 25, 2026Source
Language parityNot checked yet
No published policy review
What this measures
How fair the client agreement is: the risk found in our policy review, the number of critical clauses, withdrawal rules, and whether the terms say the same in every language. Worth 15 points.
What trading costs and how clearly it is disclosed: pricing per account type, the all-in cost of EURUSD, instruments, platforms, leverage against regulated limits and the minimum deposit. Worth 20 points.
3 of 6 support checks (phone, email, 24/7 chat, 2+ languages, messenger, complaints email) · Sep 25, 2026
Reputation footprint50
Scam check reputation 5/10 · Sep 25, 2026
WIKILIX communityNot checked yet
0 approved review(s), fewer than 10
What this measures
How clients are treated: support channels, complaints about withdrawals and reputation from our investigation, and reviews by WIKILIX members. Worth 15 points.
65%Scam riskScam risk is our overall estimate that this broker is unsafe, from 0% (safe) to 100% (almost certainly a scam). It blends the six risk areas below, weighted by how strong the evidence is. Higher means riskier.
High risk (unverified)Our overall call, based on the evidence we could verify. From safest to worst: Appears legitimate, Insufficient evidence, High risk (unverified), Likely scam, Confirmed scam. A separate "Not a broker" verdict is used when it does not really offer trading.Confidence: MEDIUMHow sure we are of this verdict, based on how much solid, checkable evidence we found. Shown as Low, Medium or High.
2.5/5Safety rating 2.5 out of 5
The Wikilix safety rating, from 1 to 5 stars. It mirrors the scam risk (5 = safest, 1 = riskiest), so a higher risk percentage means fewer stars.
We rate FXverge a high-risk, unverified broker at 65 out of 100. FXverge is not a proven scam, and we found no confirmed evidence of fraud, but too little can be established about this young, thinly-…
Risk scorecard · each area scored 0 (clean) to 10 (worst)
Regulation7/10 · HighIs it overseen by a strict, well-known financial regulator? Offshore-only or missing licences score higher.Scored 0 (clean) to 10 (worst). This area is 7/10 (High).Identity & transparency5/10 · ModerateHow openly it shows who and where it is (legal entity, address, owners). Hidden details score higher.Scored 0 (clean) to 10 (worst). This area is 5/10 (Moderate).Withdrawals & conduct4/10 · ModerateCredible reports of clients being unable to withdraw their money. More such reports score higher.Scored 0 (clean) to 10 (worst). This area is 4/10 (Moderate).Reputation5/10 · ModerateWhat independent reviews, regulators and watchdogs say about it. A poor track record scores higher.Scored 0 (clean) to 10 (worst). This area is 5/10 (Moderate).Website claims5/10 · ModerateWhether the site claims (awards, years active, licences) actually check out. False claims score higher.Scored 0 (clean) to 10 (worst). This area is 5/10 (Moderate).Operational history5/10 · ModerateHow long and how consistently it has genuinely operated. Brand-new or murky history scores higher.Scored 0 (clean) to 10 (worst). This area is 5/10 (Moderate).
Editorial review
Updated
Broker Summary
What Wikilix has recorded about FXverge: its history, the licences it holds, its trading conditions and its fees.
FXverge Broker Overview
FXverge is a contracts for difference brand operated by Fxverge Ltd, a company that states it is registered on Mwali (Moheli) island in the Comoros with registration number HV00725464. It offers four account tiers, leverage up to 1:400 and its own web platform reached through the client area, with a published asset list of 215 instruments across currencies, shares, indices, commodities and cryptocurrency CFDs. The company names the Mwali International Services Authority and licence number BFX2025073 as its regulatory basis. No founding date is published anywhere on the site.
FXverge Regulation and License
Fxverge Ltd states in its , on its , in its and in its that it is authorised and regulated by the Mwali International Services Authority under licence number BFX2025073, with its registered office at P.B. 1257 Bonovo Road, Fomboni, Comoros. The claim is consistent and the same number appears in every document. It nonetheless remains a claimed licence rather than a confirmed one: this review found no independent record confirming that it exists or is in force, and the authority named operates no public licence lookup. That authority is an offshore registrar-style body rather than a mainstream financial regulator, and it provides neither a compensation scheme nor a complaints mechanism for clients of the firms it lists.
Is FXverge Regulated?
FXverge claims regulation that could not be confirmed. Fxverge Ltd names a specific authority and a specific licence number and repeats both consistently, but nothing independent of the company establishes that the licence exists or remains valid. The regulatory position should be read as asserted by the operator rather than established. Even taken at face value, an offshore registration of this type leaves a client with no compensation scheme and no external body to escalate a dispute to.
Is FXverge Safe?
There is not enough confirmed information to call FXverge safe, and several of its own published terms weigh against it. The operator is a single Comoros company with no verified corporate record, no named directors and no address beyond a post box. Its client agreement states that the company has no obligation to assess whether a product is appropriate for a client, and no obligation to classify clients according to knowledge or experience, so two standard retail protections are disclaimed in writing. Its fee schedule permits an 80 EUR withdrawal charge where an account shows little or no trading activity, alongside monthly inactivity fees beginning at 150 EUR. A client who deposits the 250 USD minimum and then does not trade can be charged more than the whole balance inside two months.
FXverge Account Types
Four tiers are published, separated by minimum deposit and spread rather than by execution model or platform. All four carry the same maximum leverage of 1:400 and none charges commission.
Basic: 250 USD minimum, EUR/USD from 3.0 pips.
Gold: 25,000 USD minimum, EUR/USD from 2.7 pips.
Platinum: 100,000 USD minimum, EUR/USD from 2.1 pips.
VIP: 250,000 USD minimum, EUR/USD from 1.6 pips.
The gap above the entry tier is steep. Improving the EUR/USD spread by 0.3 pips means moving from 250 USD to 25,000 USD, a hundredfold increase in committed capital.
FXverge Spreads, Commissions and Fees
Spreads float and no commission is charged, so the spread is the headline trading cost. At the entry tier EUR/USD starts at 3.0 pips, GBP/USD at 3.4 pips and USD/JPY at 3.3 pips, which is wide for major pairs. Swap applies to positions held overnight and is charged three times on Wednesdays.
The costs most easily overlooked are not trading costs. Inactivity fees begin after a single month with no deposit, withdrawal or trade: 150 EUR a month from one month, 200 EUR from two, 625 EUR from six, and 1,000 EUR a month once an account is classed as dormant at twelve months, with a further 2,000 EUR to reactivate it. The published also reserves an 80 EUR withdrawal fee where trading activity has been insignificant or absent, where identity documentation has not been supplied, or where the company elects to process a refund.
FXverge Leverage
Maximum leverage is 1:400, applied uniformly across all four account tiers with no published reduction for the entry tier and no published variation by instrument.
FXverge Trading Platforms
FXverge runs its own web platform, reached only after logging in to the client area. It does not offer MetaTrader 4, MetaTrader 5 or cTrader and names no third-party platform anywhere on its site. No demo, download or public preview is published, so execution behaviour, charting and order types cannot be examined before an account is opened and funded. The client agreement further states that clients are not entitled to download, save or copy the trading platform.
FXverge Deposits and Withdrawals
Three channels are published: debit and credit cards, wire transfer, and e-wallets, with Skrill and Neteller named. Deposits are free. Withdrawals cost 3.5 percent by card and a flat 30 in the account currency by wire, while e-wallet withdrawals carry a 1.5 to 4.5 percent charge that the company attributes to the payment provider rather than to itself. The minimum wire withdrawal is 120 USD or its equivalent; cards and wallets have no stated minimum. Requests are said to be processed within 24 business hours with funds arriving within five business days, and money must return to the method it came from. Cash and cryptocurrency are not accepted for funding.
FXverge Support
Support runs through live chat, email at info@fxverge.com and a single telephone number, a Japanese line on +81 50 3114 9780. The company describes the service as multilingual and available 24/5. The site itself is published in English and Japanese only, and no social media account is linked from anywhere on it.
FXverge Pros and Cons
A low 250 USD entry minimum, with the same 1:400 leverage on every tier.
Commission is genuinely zero and deposits carry no fee.
Fee, restriction and AML documents are published in full rather than summarised, which is more disclosure than many offshore brands provide.
The licence is claimed rather than confirmed, and the authority named offers no compensation scheme and no complaints route.
Entry-tier spreads of 3.0 pips on EUR/USD are wide.
Inactivity and low-activity charges are severe enough to consume a minimum-sized account within weeks.
No third-party platform, no verified corporate record, no named officers and no social presence.
FXverge Review and Assessment
FXverge is a young single-entity offshore CFD brand whose regulatory standing rests entirely on its own statements. The commercial offer is ordinary rather than competitive: a low entry deposit and high leverage, paid for through wide spreads at the tier most clients will actually use. The document that matters most before funding an account is the fee schedule rather than the spread table, because the inactivity and low-activity charges are large in absolute terms and begin quickly. Anyone considering a deposit should confirm the licence directly with the authority named, and should treat any money placed here as capital they can afford to lose.
Website archive
Captured
Website snapshots
8 full-page captures of FXverge's own site, archived so what they said can still be read after the pages change.
Every licence FXverge has in force is from an offshore regulator. Most carry no compensation scheme — each licence's record says what the issuing regulator actually requires.
0 of 1 checked
Licences on recordEvery licence or registration recorded for this broker, whether the broker claims it or our check found it.
1
Confirmed on registerLicences we located on the issuing regulator's own public register, with a screenshot taken at the time.
0
Tier 1 or 2Licences from tier-1 or tier-2 authorities (FCA, ASIC, CySEC and peers), the strongest client protection. A registration we could not confirm as a licence is not counted.
0
OffshoreLicences from offshore registers, which typically carry no compensation scheme and lighter oversight.
1
WIKILIX
Licence intelligence
The only licence on file
Licence Verification Record
Moroni International Services AuthorityBFX2025073
Wikilix read the MISA register on Sep 25, 2026. This is what it said.
Jurisdiction
ComorosOffshore
Authority strength
Tier 4
Licence type
Retail Forex License
Register status
Advertised as an active MISA registration (BFX2025073). MISA is a disavowed non-regulator, and this specific 2025 licence could not be confirmed on a public register: the current MISA registe
Shown on the FXverge website
Shown
Checked Sep 25, 2026
What our check found
An offshore company registrar on the autonomous Comoros island of Moheli. The Banque Centrale des Comores, the national central bank, has publicly stated it has no authority to license financial firms, so a MISA licence gives clients effectively no protection. Client protection: None. No compensation scheme and no meaningful supervision; the Comoros central bank has disavowed MISA licences.
Client protection under this licence
No compensation scheme
No complaints route
These are the rules MISA sets for the firms it licenses. They are not a statement about how FXverge applies them, or about which of its companies would hold your account.
A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.
1Site-wide footer notice, repeated on every page and in the client agreement (https://www.fxverge.com/en/ and https://www.fxverge.com/en/terms-and-conditions/): 'Regional Restrictions: Fxverge Ltd does not offer services within the European Economic Area as well as in certain other jurisdictions such as the USA, British Columbia, Canada, Iran, North Korea, Myanmar, Russia and some other regions.'
2blockedConfirmed holds the five jurisdictions that notice names as countries in its own words: the USA, Iran, North Korea, Myanmar and Russia.
3The European Economic Area is named as a region, not as a list of countries, so its 30 member states are recorded as likely rather than confirmed and are listed under blockedLikelyUnconfirmed.
4Canada is recorded as likely rather than confirmed because the notice names only the province of British Columbia, not the country as a whole. A Canada-wide block is inferred from that wording and has not been read anywhere on the site.
5Dependent territories of the United States (Puerto Rico, Guam, the US Virgin Islands, American Samoa and the Northern Mariana Islands) are not themselves named anywhere and are recorded only as territories covered by the block on their parent.
6'and some other regions' is left unresolved: it names no jurisdiction and no code has been derived from it.
7Client agreement clause 5.1 adds that the company reserves the right to impose additional due diligence requirements to accept clients residing in certain countries, without naming any.
8No country is explicitly accepted anywhere on the site, so the whitelist is empty. The registration form at https://www.fxverge.com/onboarding/ asks only for name, email, telephone and password and presents no country-of-residence selector. Its only country array is the telephone dialling-code list, which carries all 243 territories including the United States, Iran, North Korea, Russia and every EEA state, so it reflects a phone-number library rather than an onboarding policy and sets no codes.
9No dedicated countries page exists: /restricted-countries/, /prohibited-countries/, /accepted-countries/, /where-we-operate/ and /countries/ all return 404 at the site root and behind the /en/ locale prefix, and none of the six help-centre categories carries a restriction list.
10The AML policy (https://www.fxverge.com/aml-policy/) was read in full and names no jurisdiction. It does state that the company will not accept cash deposits, cash-related methods or transactions related to cryptocurrencies.
11The deposits and withdrawals help-centre section (https://www.fxverge.com/en/faqs/depositsandwithdrawals/) was read and carries no country restriction. No partner or introducing-broker terms are published on the site.
12The company publishes English and Japanese variants of the site and no others.
Deposits & withdrawals
Funding Methods
3 ways to fund an account. 3 with no deposit fee.
3 methods
Method
Deposit fee
Withdrawal fee
Min deposit
Withdrawal min / max
Processing
Debit/Credit CardsCredit CardNo minimum withdrawal amount is stated for cards. Withdrawal requests are typically processed within 24 business hours and funds may take up to 5 business days to reach the payment method. Withdrawals must return to the same method used to fund the account. Card verification requires masked card images with the first 12 digits and the CVV covered.
Free
3.5%
—Not recorded
—Not recorded/—Not recorded
Up to 5 days
Wire TransferWire TransferThe withdrawal fee is published as 30 CHF, 30 USD, 30 EUR or 30 GBP depending on the account currency. Minimum withdrawal is published as 100 CHF, 120 USD, 100 EUR, 80 GBP or 7,000 RUB. Bank payment confirmation is required to verify the method, and withdrawals must return to the same account used to fund.
Free
USD 30
—Not recorded
USD 120/—Not recorded
Up to 5 days
eWalletsE-WalletSkrill and Neteller are the wallets named. The withdrawal cost is published as a range of 1.5 to 4.5 percent and is stated to be determined and levied by the payment service provider rather than by the broker, so no broker fee is recorded. No minimum withdrawal amount is stated. Verification requires a screenshot showing full name, email and wallet ID.
Free
—Not recorded
—Not recorded
—Not recorded/—Not recorded
Up to 5 days
Legal entities
Corporate Network
One legal entity behind the FXverge brand.
1 entity
Fxverge LtdActiveComoros·Registration HV00725464The sole legal entity named anywhere by the operator. Stated in the site footer, the company information page, the client agreement and the AML policy as registered on Mwali (Moheli) island, Comoros, and as owner and operator of the FXverge brand. The registration could not be confirmed on an official registry in this review.
Company registry check
Checked
Company Registration
FXverge names Fxverge Ltd as the operating company. We could not confirm that registration on the registry.
No swap-free or Islamic account is published. All four tiers are subject to swap charges on positions held overnight, calculated once per trading day and three times on Wednesdays to cover the weekend.
Through live chat on the site, by email at info@fxverge.com, or by telephone on +81 50 3114 9780, which is the only number published. The company also publishes a complaints procedure document. There is no external ombudsman or compensation scheme behind the authority it names, so an unresolved dispute has no independent escalation route.
The company does not publish a list of accepted countries. It does state that it does not offer services within the European Economic Area, or in the USA, British Columbia in Canada, Iran, North Korea, Myanmar, Russia and unspecified other regions. Its registration form asks only for name, email, telephone and password, with no country-of-residence field, so the restriction is not applied at the first step of signing up.
The company's own cost calculator lists 215 instruments: 44 currency pairs, 18 cryptocurrency CFDs and 153 shares, indices, commodities and ETFs. Note that the homepage advertises more than 300 financial assets, which the published instrument list does not bear out.
Its own web platform, reached only after logging in to the client area. FXverge does not offer MetaTrader 4, MetaTrader 5 or cTrader, and it names no third-party platform anywhere on its site. No demo account, download or public preview is published, so the platform cannot be examined before an account is opened and funded.
No. The company states that withdrawals must return to the same payment method used to fund the account. The minimum wire withdrawal is published as 120 USD or the equivalent in CHF, EUR, GBP or RUB; cards and the named wallets have no stated minimum.
Requests are said to be processed within 24 business hours, with funds taking up to five business days to reach the payment method. Card withdrawals cost 3.5 percent and wire transfers a flat 30 in the account currency, while e-wallet withdrawals carry 1.5 to 4.5 percent that the company attributes to the payment provider. An additional 80 EUR fee is reserved where an account shows insignificant or no trading activity, or where identity documents have not been supplied.
By debit or credit card, by wire transfer, or by e-wallet, with Skrill and Neteller named. Deposits carry no fee. The company states it will not accept cash deposits, cash-related methods or any transaction related to cryptocurrencies.
Yes, and it is unusually severe. The published fee schedule charges 150 EUR a month after just one month without a deposit, withdrawal or trade, rising to 200 EUR from two months, 625 EUR from six months and 1,000 EUR a month once an account is classed as dormant at twelve months. Reactivating a dormant account costs a further 2,000 EUR. On a 250 USD minimum deposit these charges exceed the whole balance within two months of inactivity.
There is no commission, so the floating spread is the trading cost. On the Basic account EUR/USD starts at 3.0 pips, GBP/USD at 3.4 pips and USD/JPY at 3.3 pips, narrowing to 1.6, 2.0 and 1.9 pips respectively on the VIP tier. Positions held overnight are charged swap, applied three times on Wednesdays.
Up to 1:400, and the same maximum applies to all four account tiers. The company publishes no reduced cap for the entry tier and no variation by instrument. Leverage at that level magnifies losses as much as gains and can remove an entire balance on a small adverse move.
250 USD for the entry-level Basic account. The higher tiers require considerably more: 25,000 USD for Gold, 100,000 USD for Platinum and 250,000 USD for VIP. The company notes that the minimum deposit may change without prior notice.
Fxverge Ltd, a company that states it is registered on Mwali (Moheli) island in the Comoros with registration number HV00725464, at P.B. 1257 Bonovo Road, Fomboni. It is the only legal entity named anywhere on the site and it states that it owns and operates the FXverge brand. No directors, shareholders or beneficial owners are disclosed, and the registration could not be confirmed on an official registry.
Nothing found in this review shows FXverge to be a fraud, and nothing found shows it to be safe either. It is a functioning website operated by a named company with published legal documents. What could not be established is the thing that matters most: whether its licence and its company registration are real. Treat it as unverified rather than clean.
FXverge claims regulation but it is not confirmed. Fxverge Ltd states in its site footer, on its About Us page and in its legal documents that it is authorised and regulated by the Mwali International Services Authority under licence number BFX2025073. This review found no independent record confirming that the licence exists or is in force, and the authority named publishes no public licence lookup, so the claim stands unverified.
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