Overall Score38 / 100The Wikilix trust rating of ParoxFX, out of 100, built from the five factors below.High risk: no licence is in force, and the published scam check reads high risk, unverified.Regulation0%Identity53%Client terms30%Trading offer78%Service68%Score last calculated 2026/10/14
High risk35 to 49. Serious gaps in regulation, client terms or conduct; the record points to real risk for a deposit.Why: High risk: no licence is in force, and the published scam check reads high risk, unverified.
38 out of 100 · 95% 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
High risk: no licence is in force, and the published scam check reads high risk, unverified.
RegulationWhether 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.
0Poor
IdentityWho 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.
53Fair
Client termsHow 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.
30Poor
Trading offerWhat 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.
78Good
ServiceHow clients are treated: support channels, complaints about withdrawals and reputation from our investigation, and reviews by WIKILIX members. Worth 15 points.
68Good
We checked ParoxFX on 2026-10-14 across regulation, corporate record, client terms, trading offer and service, covering 95% of the record. No licence was in force: every licence we held had ended or was not found on its register. The weighted pillars summed to 38 and no gate capped it. What would change it: withdrawal rails, all-in eurusd cost, wikilix community. The published scam check reached the verdict "high risk, unverified" and established 1.9 years of track record. The policy review scored the client terms 8 out of 10 for risk with 4 critical clauses. Trading EURUSD cost about 0.1 pips all-in, spread and commission together.
0%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 publish a risk figure of 65 percent for ParoxFX and rate it high risk. ParoxFX holds no licence from any financial regulator, and its own About page claims regulation by the FCA in the United King…
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 & transparency6/10 · HighHow 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 6/10 (High).Withdrawals & conduct2/10 · LowCredible reports of clients being unable to withdraw their money. More such reports score higher.Scored 0 (clean) to 10 (worst). This area is 2/10 (Low).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 claims9/10 · CriticalWhether the site claims (awards, years active, licences) actually check out. False claims score higher.Scored 0 (clean) to 10 (worst). This area is 9/10 (Critical).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).
What ParoxFX legally published, but does not want you to read
Wikilix contract reading ·
High contract risk
ParoxFX publishes one legal document: a terms and conditions PDF its own website does not link to. Its About Us page, in English and in Persian, says the company is regulated by the FCA in Britain. The contract says you deal with a Saint Vincent and the Grenadines company under Saint Vincent law, and names no regulator. It also lets ParoxFX switch off negative balance protection, freeze every fund and take money from your other accounts. No clause sets a deadline for paying a withdrawal.
4Critical clausesClauses that can cost you money you have already earned or deposited, or that remove your ability to challenge it.
16Clauses flaggedEvery clause worth knowing about, at all three severities. Ordinary terms that every broker has are not counted.
2Documents readHow many of the broker’s own legal files this reading is based on. Each one was downloaded and hashed on the date shown.
8.0/10Contract riskHow far this contract goes overall, from 0 to 10. 3 to 5 means real costs a client should know about; 6 to 8 means several clauses put money already earned at risk.
What Wikilix has recorded about ParoxFX: its history, the licences it holds, its trading conditions and its fees.
ParoxFX Broker Overview
ParoxFX is an online forex and CFD brand operated by ParoxFX LLC, a company that describes itself in the site footer as an International Limited Liability Company incorporated in Saint Vincent and the Grenadines and domiciled in Antigua and Barbuda under registration number 3866LLC. The registered address given is Euro House, Richmond Hill Road, Kingstown, Saint Vincent and the Grenadines, P.O. Box 2897. Trading is offered through Match-Trader and a TradingView connection, on a single account with a stated minimum of $10.
ParoxFX Regulation and License
ParoxFX holds no confirmed financial regulation. The site names no financial regulator and no forex or CFD licence, for the brand or for ParoxFX LLC. What the footer of gives instead is a Saint Vincent and the Grenadines company registration number, 3866LLC, and a company registration is a corporate filing that carries no permission to hold client money or to deal in contracts for difference.
The company's page states that ParoxFX is "Regulated by top-tier financial authorities such as FCA in the UK". No FCA firm reference number, no FCA-authorised entity name and no register link accompany that sentence, and nothing else on the site supports it. Treated on its own terms, this is an unsupported claim of top-tier regulation, not a licence. The same page displays a Certificate of Formation, Certificate of Duties, Certificate of Taxes and Articles of Formation. Those are corporate formation and tax documents. They are not financial licences and confer no permission to hold client money or to deal in contracts for difference.
Is ParoxFX Regulated?
No. ParoxFX operates without any confirmed financial regulation. A Saint Vincent and the Grenadines limited liability company registration is a corporate filing, and the authority in that jurisdiction does not license or supervise forex and CFD dealing. Clients therefore have no financial ombudsman, no compensation scheme and no supervisory body with the power to compel the return of funds.
Is ParoxFX Safe?
ParoxFX cannot be described as safe on the evidence available. Beyond the absence of regulation, the contractual position is only partly disclosed: a Terms and Conditions document is published on the broker's own domain, but as a static file that neither the site navigation nor the sitemap links to, and the Anti-Money Laundering Policy, Privacy Policy, Order Execution Policy and risk disclosure that it names as part of the agreement are not published anywhere. The agreement states that the company does not accept clients who fall within its definition of a US Reportable Person, and it names no other restricted jurisdiction. No withdrawal policy is published, and the site states no segregation of client funds and no negative balance protection. The single stated point of accountability is ParoxFX LLC at a Kingstown address, and the Saint Vincent and the Grenadines register carries that company number, 3866, in the name Parox LLC rather than the fuller name the footer uses.
ParoxFX Account Types
ParoxFX offers one account, called All In One, which the broker presents as combining the features of the tiers other brokers separate. The published minimum to start is $10. The gives no spread table, no commission figure, no margin call or stop out level and no account currency list, so the account cannot be compared with a competitor on paper.
ParoxFX Spreads, Commissions and Fees
The broker advertises zero commission on most trades and "the lowest possible spreads" without publishing a spread table for any instrument. Deposits are stated to carry no fee from the broker. No withdrawal fee, inactivity fee or swap schedule is published.
ParoxFX Leverage
Leverage of up to 1:500 is available. At that level a position can be closed out by a small adverse move, and there is no regulator-imposed leverage cap behind an unregulated offshore entity.
ParoxFX Trading Platforms
Trading runs on Match-Trader, available through the browser and as a mobile app, and on a TradingView connection for charting and order entry from the ParoxFX account. Both are reached through the client portal rather than a download hosted on the main site. MetaTrader 4 and MetaTrader 5 are not offered.
ParoxFX Deposits and Withdrawals
The lists bank wire transfer over SWIFT and SEPA, debit and credit cards, e-wallets and cryptocurrency. Card and e-wallet availability is said to depend on the client's country of residence, and no individual wallet provider is named. Crypto funding is available at any hour and credits within minutes; wires are credited during business hours. The broker states it charges no deposit fees. Withdrawal timings, fees, minimums and maximums are not published at all, which is the most consequential gap in the section.
ParoxFX Support
Support is by email at support@paroxfx.com and by a single UK mobile number, with an enquiry form on the and a live chat widget running on the site. The broker advertises round-the-clock support but publishes no hours and no time zone for it. Telegram and Instagram accounts are linked from the site. The site is offered in English, Spanish, German, Russian, Turkish, Arabic and Persian.
ParoxFX Pros and Cons
Low barrier to entry, with a $10 minimum and a single account rather than a tier structure.
Match-Trader and a TradingView connection, both usable from a browser and a phone.
Four funding routes including cryptocurrency, with no deposit fee charged by the broker.
No confirmed financial regulation of any kind, and a claim of FCA regulation on the About Us page that nothing on the site supports.
The client agreement is published only as an unlinked file on the broker's own domain, and the policies it incorporates, along with any withdrawal policy, are not published at all.
The company number in the site footer stands on the Saint Vincent and the Grenadines register in a slightly different name, Parox LLC, and the registration has not been independently verified as the operator's.
Leverage of 1:500 with no stated negative balance protection or fund segregation.
ParoxFX Review and Assessment
ParoxFX presents a low-cost, low-minimum offering on capable third party platforms, and the commercial proposition is coherent. What sits behind it is not. An unregulated Saint Vincent company whose client agreement is published only as an unlinked file, which advertises no withdrawal terms and carries an unsupported claim of top-tier supervision, leaves a depositor with no supervisory authority to appeal to. Anyone considering an account should read that agreement in full and treat the FCA sentence on the About Us page as the central question to put to the broker in writing before any money is sent.
Website archive
Captured
Website snapshots
10 full-page captures of ParoxFX's own site, archived so what they said can still be read after the pages change.
None of the registrations on record for ParoxFX could be confirmed as a trading licence. Read each licence's record before treating any of them as regulation.
1 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
Financial Services Authority3866
Wikilix read the FSA register on Sep 9, 2026. This is what it said.
Name on the register
Parox LLC
Jurisdiction
Saint Vincent and the GrenadinesOffshore
Authority strength
Tier 3
Register status
Entity: Active
Effective
Oct 11, 2024
Shown on the ParoxFX website
Shown
Not found on register
Checked Sep 9, 2026
What our check found
The registrar and supervisor for Saint Vincent and the Grenadines. Registration 3866 is a company incorporation record for Parox LLC, confirmed Active on the authority's own register and incorporated on 11October 2024. It is not a forex or investment licence, and this authority does not license or supervise forex brokers, so nobody is checking how client money is handled. Client protection: None. Company incorporation gives a client no supervisory oversight, no ombudsman and no compensation scheme.. Effective: 11 Oct 2024.
These are the rules FSA sets for the firms it licenses. They are not a statement about how ParoxFX 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.
One account type on record. Minimum deposit from USD 10. Leverage up to 1:500.
1 account type
Account
Min Deposit
Max Leverage
Commission
All In OneBasic · Standard
USD 10
1:500
—Not recorded
Client acceptance
Country availability
Where ParoxFX says it will and won't take clients
1 country
1
Likely blocked
Reported, not verified against a primary source
USUnited States
How we know — 12 sources
1Client agreement: reached this review at https://paroxfx.com/assets/paroxfx-terms-and-conditions.pdf, a 26-page "Terms & Conditions" published as a static file on the broker's own domain and linked from neither the site navigation nor the sitemap. The in-page paths /en/terms, /en/terms-and-conditions, /en/legal, /en/client-agreement and /en/documents all return 404, which is why an earlier review recorded the document as nonexistent.
2United States recorded as likely-unconfirmed rather than confirmed: Chapter 4 of the agreement defines a "US Reportable Person" as "Individuals or entities subject to reporting under U.S. tax laws, including U.S. citizens, corporations, trusts, and similar entities", and adds "Note: The Company does not accept Clients who fall under the definition of a US Reportable Person." That is a tax-status category rather than a named country of residence, so the US code is inferred from it.
3Chapter 3.2 of the agreement, "Restrictions on Use in Unauthorized Jurisdictions": "The Company's services shall not be offered or made available in any jurisdiction where such services would be contrary to local laws or regulations", and the Company "reserves the right, at its sole discretion, to deny or revoke access to its services for any individual or jurisdiction." No jurisdiction is named anywhere in the 26 pages, so no code is recorded from this clause.
4Signup / client onboarding form, https://client.paroxfx.com/register : reached this review. The country selector is populated from a built-in 242-entry country list filtered only by a hidden-countries setting, and that setting is absent from the configuration the site serves, so no country is withheld. The list still offers Iran, North Korea, Cuba, Syria and the United States. This is an unfiltered default rather than a curated list of accepted markets, so no whitelist is recorded from it.
5No dedicated countries page exists: /en/restricted-countries, /en/prohibited-countries, /en/accepted-countries and /en/where-we-operate all return 404. An FAQ page exists at https://paroxfx.com/en/faq, absent from the sitemap, but publishes no questions or answers.
6Documents incorporated by the agreement but published nowhere: Chapter 16.1 names an Anti-Money Laundering Policy, a Privacy Policy and an Order Execution Policy as part of the agreement, and Chapter 2 refers to a "General Risk Disclosure document available on our website". None of them is published on the site. An anti-money-laundering policy is the document that would normally carry a sanctioned-jurisdiction list, so such a list may exist without having been made public.
7Funding Methods, https://paroxfx.com/en/funding-methods : states that card payments are "According to the regulations of your country of residence", that "E-Wallet options may vary depending on your country of residence", and that the payment methods are "designed to suit your country of residence - including local exchangers and banking systems". It names no country, so nothing is classified from it.
8Partners, https://paroxfx.com/en/partners : places no jurisdictional restriction on the partner or introducing-broker offering. Prop trading rules, https://paroxfx.com/en/rules : every restriction is a trading-practice one, none jurisdictional.
9Footer, https://paroxfx.com/en/ : carries only the operating-entity statement and a margin risk warning, and names no restricted jurisdiction.
10Language variants: the site publishes six, in Spanish, German, Russian, Turkish, Arabic and Persian. The Persian variant at https://paroxfx.com/fa/ is a straight translation of the English pages, adds no country policy, names no Iranian payment rail, and its funding page repeats only the "country of residence" wording. Iran is therefore recorded in no list.
11The broker names no financial regulator on its own site, so there is no regulator filing to read for permitted jurisdictions. Chapter 15 of the agreement gives Saint Vincent and the Grenadines only as the governing law and the seat of arbitration.
12Conclusion: the broker publishes exactly one country restriction of any kind, the US Reportable Person exclusion above, and no positive list of accepted countries. The empty confirmed, dependent-territory and whitelist lists record that absence, not an assurance that any particular country is accepted.
Deposits & withdrawals
Funding Methods
4 ways to fund an account. 4 with no deposit fee. 3 credit instantly.
4 methods
Method
Deposit fee
Withdrawal fee
Min deposit
Withdrawal min / max
Processing
Bank Wire Transfer (SWIFT & SEPA)Wire TransferThe broker states wire transfers are handled and credited during business hours; USD and EUR. It states it charges no deposit fees. No withdrawal fee schedule or limits are published.
Free
—Not recorded
USD 10
—Not recorded/—Not recorded
Up to 2 hours
Debit/Credit cardsCredit CardCard availability is stated to depend on the regulations of the client's country of residence; EUR and USD. No withdrawal fee schedule or limits are published.
Free
—Not recorded
USD 10
—Not recorded/—Not recorded
Instant
CryptocurrenciesCryptocurrencyDeposits available 24/7; BTC, USDT and ETH. Credited in around five minutes. No withdrawal fee schedule or limits are published.
Free
—Not recorded
USD 10
—Not recorded/—Not recorded
Instant
E-WalletsE-WalletThe broker states e-wallet options vary by country of residence but names no individual wallet provider, and publishes no fees, limits or timings.
Clients can connect a ParoxFX account to TradingView for charting and order entry; access is through the client portal rather than a broker-hosted download.
Runs on
Web
Android
iOS
Details
Websites
Global Domains
5 domains on record. 4 active.
5 domains
client.paroxfx.comClient portalActiveHTTPS
platform.paroxfx.comAPIActiveHTTPS
prop.paroxfx.comAPIActiveHTTPS
authentication.paroxfx.comRegionalInactiveHTTPS
paroxfx.comMain siteActiveHTTPS
Social channels
Social Presence
2 official channels on record.
2 channels
Legal entities
Corporate Network
One legal entity behind the ParoxFX brand.
1 entity
ParoxFX LLCActiveSaint Vincent and the Grenadines·Registration 3866LLCThe company named in the website footer as owner and operator of paroxfx.com. It is described as an International Limited Liability Company incorporated in Saint Vincent and the Grenadines and domiciled in Antigua and Barbuda. The registration could not be confirmed on an official record during this review.
Company registry check
Checked
Company Registration
ParoxFX names ParoxFX LLC as the operating company. We could not confirm that registration on the registry.
The website is published in English, Spanish, German, Russian, Turkish, Arabic and Persian, and the language switcher offers exactly those seven. The broker does not state which of them its support team actually answers in, nor the hours during which any of them are covered.
There is no dedicated complaints route. The broker publishes one general support address, support@paroxfx.com, plus a phone number and an enquiry form, but no complaints email and no published complaints procedure. Its Terms and Conditions place disputes under the law of Saint Vincent and the Grenadines, with arbitration seated there, and with no confirmed financial regulation there is no ombudsman or compensation scheme to escalate to.
Nothing established in this review proves fraud, and no confirmed pattern of withdrawal refusal was found. What is established is that the broker holds no confirmed financial regulation, carries an unsupported claim of top-tier regulation on its About Us page, advertises no withdrawal terms, and publishes its client agreement only as a file that nothing on the site links to. That combination makes it high risk for a retail client, whatever the outcome of any individual account.
The site advertises 43 currency pairs, more than 27 cryptocurrencies traded as CFDs, and over 400 commodity, index and share symbols.
The broker publishes no list of accepted countries, and exactly one exclusion of any kind: its Terms and Conditions state that the company does not accept clients who fall within its definition of a US Reportable Person, which is a tax-status category rather than a named country. The same document reserves the right to refuse service in any jurisdiction where it would be unlawful, without naming one. Card and e-wallet availability is said to depend on the client's country of residence, and the absence of a published restriction is not confirmation that any particular country is served.
By live chat, by email at support@paroxfx.com, by the UK number +44 78 78 59 36 33, through the enquiry form on the , or on its Telegram and Instagram accounts. A live chat widget runs on the contact page and opens onto a support agent queue. The broker advertises round-the-clock support but publishes no hours, no time zone and no response time anywhere on its site.
Yes, but it takes finding. The broker publishes a Terms and Conditions document as a static file on its own domain, at , and links it from neither the site navigation nor the sitemap, so the in-page addresses a client would try all return a not-found page. The document names an Anti-Money Laundering Policy, a Privacy Policy and an Order Execution Policy as part of the agreement, and refers to a general risk disclosure, and none of those is published on the site.
The broker advertises no withdrawal timings, fees, minimums or maximums for any of its four funding routes, and its funding page sets out deposit conditions only. A Terms and Conditions document is published on the broker's own site, but the withdrawal charges and processing times a client would want before depositing are advertised nowhere on the site. Anyone considering an account should ask for those terms in writing first.
Bank wire transfer over SWIFT and SEPA, debit and credit cards, e-wallets, and cryptocurrency including BTC, USDT and ETH. The broker states it charges no deposit fees. Card and e-wallet availability is said to vary with the client's country of residence.
Match-Trader, in the browser and as a mobile app, and a TradingView connection for charting and order entry from a ParoxFX account. Both are reached through the client portal. MetaTrader 4 and MetaTrader 5 are not offered.
One, called All In One, which the broker presents as combining the features other brokers split across tiers. No spread table, commission figure, margin call level or stop out level is published for it.
Up to 1:500. There is no regulator-imposed cap behind an unregulated offshore entity, and the site states no negative balance protection.
The broker advertises a $10 minimum to start trading, applied to its single All In One account and to each of its funding channels.
No. A limited liability company registration is a corporate filing that proves a company exists. It grants no permission to hold client money or to deal in contracts for difference, and the authority in Saint Vincent and the Grenadines does not license or supervise forex and CFD dealing.
The site footer names ParoxFX LLC as owner and operator, described as an International Limited Liability Company incorporated in Saint Vincent and the Grenadines and domiciled in Antigua and Barbuda under registration number 3866LLC, at Euro House, Richmond Hill Road, Kingstown, P.O. Box 2897. The Saint Vincent and the Grenadines register carries company number 3866 in the slightly different name Parox LLC, incorporated on 11 October 2024, and that entry is a company record rather than a financial licence. No other operating entity is named anywhere on the site.
The broker's page says it is "Regulated by top-tier financial authorities such as FCA in the UK", but it gives no firm reference number, no FCA-authorised entity name and no register link, and nothing else on the site supports the sentence. Treat it as an unsupported claim rather than a licence.
No. ParoxFX holds no confirmed financial regulation, and its website names no financial regulator and no forex or CFD licence. What the site publishes is a Saint Vincent and the Grenadines company registration number, and a company registration is a corporate filing rather than a permission to deal in contracts for difference. The authority in that jurisdiction does not license or supervise forex and CFD dealing, so no supervisory body is checking how client money is handled.
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