Wikilix
Contract reading

What SECUREFX legally published, but does not want you to read

Every clause below is published by SECUREFX itself, on its own website, today. The finding is not that the text exists. It is the distance between what a client is shown and what a client agreed to. Read from its own documents on .

Contracting entity: SecureFx Capital Ltd

sole discretionmarketing contradictiondeemed acceptancehidden feenegative balanceabusive tradingclient moneycomplaint deadlinemissing documentregulatory claim

SecureFx calls itself a multi-regulated broker. Its own client agreement names no regulator at all. The contract lets SecureFx refuse or delay any withdrawal at its discretion, with no deadline anywhere in the document. It can also hand back your deposit and keep the profit if it decides your trading was abusive. You get two business days to challenge a trade before your silence counts as agreement.

Back to SECUREFX

Contract risk

Money at risk
8.7/10

Where this contract sitsHow far this contract goes, overall. Under 2 is nothing beyond the ordinary; 6 to 9 means several clauses put money you have already earned at risk; 9 and above reads as designed to make payout refusable.

0510
CriticalClauses that can cost you money you have already earned or deposited, or that remove your ability to challenge it.
8
FlaggedEvery clause worth knowing about, at all three severities. Ordinary terms that every broker has are not counted.
18
DocumentsHow many of the broker's own legal files this reading is based on. Each one was downloaded and hashed on the date shown.
3
ContradictionsPlaces where a promise the broker makes in public is not kept by the clause that governs it.
8

How the 18 break downThe same flagged clauses, split by how much each one can cost you. Severity is our reading of the clause, not the broker's label.

Critical8
Warning10
Notice0

section 46 of 57is where the deepest clause sits, 81% of the way into the document it is in

The numbers in this contractFigures taken from this broker's own clauses, so the labels differ from broker to broker. The four in the panel above are the same on every report.

2 of these 4 figures come from a clause we rate critical, which means it can take your money or your profit rather than only delay it.

Critical4In the contract. Jump to the clause this comes from.Four countries claimed across the SecureFx documentsCritical2 working daysTime to complain. Jump to the clause this comes from.Two business days to challenge a trade confirmation1%Fee you were not shown. Jump to the clause this comes from.Interest of 1% a month on anything you owe50%Account limit. Jump to the clause this comes from.Three different stop-out levels in one paragraph

What the documents say

18 clauses worth knowing about, worst first, each quoted from SECUREFX's own files

01

Clause 11.3.2 lets SecureFx refuse or delay your withdrawal, in whole or in part. One listed ground is that you have asked too often in one day, and SecureFx decides what too often means. Another is that it suspects you may breach the agreement in future.

Why this matters

No clause in the agreement gives SecureFx a deadline to pay you. A suspicion it never has to explain is enough to hold your money for as long as it likes.

Exhibit 1CriticalHarder than usual

We may in our sole and reasonable discretion refuse or delay giving effect to your request for a withdrawal of money from your Account (in whole or in part), including as a result of any request to close that Account, if any of the following apply
Clause 11.3.2 in Client Agreement, p.12
Downloaded from the broker's site on Open the reference
  • Worse together with Exhibit 9SecureFx can hold the withdrawal as long as it likes and has no duty to tell you what it deducted from it.
  • Worse together with Exhibit 15Not answering SecureFx's correspondence is an event of default, and a dispute over the account is a listed ground to hold the money.
02

SecureFx tells you on its home page that it operates under multiple international regulatory frameworks. The section of its client agreement headed Our Regulatory Status is one sentence long and names no authority. Its security of funds page names a different one again, the Labuan authority in Malaysia.

Why this matters

If no regulator supervises SecureFx, there is nobody to complain to when it refuses your money. You would be relying on the company holding your deposit to judge your own case.

Exhibit 2CriticalRarely seen

SECUREFX is a registered trading name of Securefx capital ltd.
Clause 4.1 in Client Agreement, p.4
Downloaded from the broker's site on Open the reference
Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA or CySEC must state their regulator and licence number in their client-facing terms, so a client can check the public register before depositing. This client agreement states neither.

SECUREFX is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Our readingBrokers normally name a supervising authority and a licence number in the clause dealing with regulatory status. Leaving that clause empty while advertising multiple regulators puts the two statements in different documents, so neither gets read against the other.

  • Worse together with Exhibit 4One page promises supervision while the documents name four different countries, so no reader can work out who regulates SecureFx.
03

If SecureFx decides your trading took advantage of low liquidity, clause 17.2.8 lets it return your investments without profit. It makes that judgment alone. Clause 17.2.4 lets it revoke trades it labels latency arbitrage, and settles any argument about the decision itself.

Why this matters

Your winning trades are final only until SecureFx decides otherwise. The contract gives you no test to point to and nobody above SecureFx to appeal to.

Exhibit 3CriticalHarder than usual

You accept that we can at our sole discretion deem such trading as abuse or manipulation of our trading Platform and that we at our sole discretion can return your investments without profit or cancel your right to trade on our trading Platform.
Clause 17.2.8 in Client Agreement, p.20
Downloaded from the broker's site on Open the reference
  • Worse together with Exhibit 12SecureFx advertises accounts built for scalpers and algorithmic traders, then reserves the right to strip profit from exactly that trading.
04

Your client agreement is governed by the law of the Commonwealth of The Bahamas. The introducing broker agreement gives Saint Lucia courts exclusive jurisdiction and tells partners to follow UK Financial Conduct Authority rules. The privacy policy puts the head office in the United Kingdom. That is four different countries.

Why this matters

You cannot tell where to sue SecureFx or which rules protect you. Working that out costs money, and you would be doing it after your payout has already stopped.

Exhibit 4CriticalRarely seen4

Subject to the immediately preceding sentence, this Agreement and all Transactions will be governed by and construed in accordance with the laws of the Commonwealth of The Bahamas.
Clause 4.5.1 in Client Agreement, p.6
Downloaded from the broker's site on Open the reference

Our readingBrokers with several group entities normally attach one governing law to one named entity and say which entity a retail client faces. Here a single company name carries four different legal homes across documents published on the same site.

05

You get two business days to object in writing to a trade confirmation. After that, clause 12.6 makes the confirmation conclusive and binding on you. The clock runs from the date on the confirmation, not from the day you notice a problem.

In plain words

A manifest error means an obvious mistake by the broker.

Why this matters

Miss those two days and you cannot argue about the price, the size or the fee, even where the error was SecureFx's own. The deadline starts the moment the confirmation is dated.

Exhibit 5CriticalHarder than usual2 working days

Each confirmation will, in the absence of a Manifest Error, be conclusive and binding on you, unless we receive any objection from you in writing within two Business Days of the date of the relevant confirmation or we notify you of an error in the confirmation within the same period.
Clause 12.6 in Client Agreement, p.15
Downloaded from the broker's site on Open the reference

What it costsA confirmation dated Friday has to be challenged by close of business on Tuesday. After that SecureFx treats the trade as agreed.

  • Worse together with Exhibit 7The deadline is short and the complaints procedure that would tell you how to meet it is not published.
06

SecureFx's security of funds page says you never lose more than the funds you have deposited. Schedule 2 of the client agreement says SecureFx does not guarantee that your account will not fall into a negative balance, particularly in adverse market conditions.

In plain words

Negative balance protection is a limit that stops you owing more than you put in. Without it, one fast market move can leave you owing the broker money on top of your deposit.

Why this matters

If the market gaps against you, you could owe SecureFx money on top of losing your deposit. The page that persuaded you to deposit says that cannot happen.

Exhibit 6CriticalHarder than usual

This is a risk-mitigating mechanism employed by SECUREFX to attempt to stop your account from falling into a negative balance. However, please note we do not guarantee that your account will not fall into a negative balance, particularly in adverse Market conditions.
Clause Schedule 2, 4.2 in Client Agreement, p.34
Downloaded from the broker's site on Open the reference
Set against a regulated standard: FCA (UK), CySEC (Cyprus), ESMA (EU)

Firms licensed by the FCA, CySEC or under ESMA rules must give retail CFD clients negative balance protection as a guarantee, not as a best effort. This contract offers it as a mechanism SecureFx will attempt, then withdraws the guarantee in the next sentence.

SECUREFX is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

  • Worse together with Exhibit 8The only surviving version of this protection is the retail one, and SecureFx can move you out of the retail category without being asked.

SecureFx sets your category, your stop-out and your default

Clause 4.2.2 lets SecureFx categorise you as a professional client whether or not you asked, which removes the retail protection capping your loss at what you deposited. Schedule 2 then gives your stop-out level as 50% in one sentence and 100% in the next. Not answering SecureFx correspondence is an event of default that ends the agreement immediately.

Broker discretion3 clauses flagged

Clause 4.2.2 lets SecureFx categorise you as a professional client whether or not you requested it. You then lose protections meant for retail clients, including protections over how your money is held.

Why this matters

The clause capping your loss at what you deposited applies only while you count as a retail client. SecureFx controls that label, so it controls whether you can end up owing it money.

Exhibit 8CriticalRarely seen

If we have categorized you as a Professional Client (whether or not at your request) you will not be entitled to certain protections afforded to Retail Clients by Applicable Regulations, including certain protections under the SCB’s client money rules.
Clause 4.2.2 in Client Agreement, p.4
Downloaded from the broker's site on Open the reference
Set against a regulated standard: FCA (UK), CySEC (Cyprus), ESMA (EU)

Firms licensed by the FCA, CySEC or under ESMA rules may treat a retail client as professional only after that client asks in writing and meets set tests on trading experience and portfolio size. This clause allows it whether or not you asked.

SECUREFX is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Our readingMoving a client from retail to professional normally needs a written request from the client and tests on experience and portfolio size. Allowing the change whether or not the client asked removes the client from the decision entirely.

One paragraph of Schedule 2 gives your stop-out level twice and gives two different answers. It says SecureFx may close positions at 50% of required margin, then says it may close them at 100% and start margin calls at 120%.

Why this matters

You cannot work out from the contract when SecureFx will close your positions. The same schedule adds that SecureFx is not responsible for warning you first.

Exhibit 14WarningHarder than usual50%

If you do fail to meet the Margin requirements and your account equity reaches 50% (fifty percent) of your required Margin, SECUREFX has the discretion to automatically close the position with the biggest loss or if all positions are in profit, the smallest profit (referred to as “Stop-Out”) at Market price until your equity is above the 50% (fifty percent) minimum.
Clause Schedule 2, 4.2 in Client Agreement, p.34
Downloaded from the broker's site on Open the reference

Schedule 1 makes it an event of default if you are not contactable or do not reply to SecureFx's correspondence, for any period SecureFx thinks reasonable. Clause 15.2 then lets it end the agreement immediately, and clause 15.5 makes everything you owe due at once.

Why this matters

A missed email can close your account, and SecureFx decides how long a gap is too long. A dispute over the account is also a listed ground to hold your withdrawal.

Exhibit 15WarningRarely seen

and (f) at any time and for any periods deemed reasonable by us where you are not contactable or you do not respond to any notice or correspondence from us.
Clause Schedule 1, Event of Default in Client Agreement, p.28
Downloaded from the broker's site on Open the reference

Our readingDefault clauses normally list insolvency, breach and false information. Adding a failure to answer correspondence, over a period the broker judges for itself, turns an administrative silence into a contractual default.

You have two business days to challenge a trade

Clause 12.6 makes every SecureFx trade confirmation conclusive and binding unless you object in writing within two business days of its date. Clause 1.3 also binds you to four policies SecureFx does not publish, including the complaints procedure that governs any dispute you raise. Clause 4.4 says that procedure is on the website.

Time to object1 clause flagged

Opening an account binds you to SecureFx's best execution policy, conflicts of interest policy, complaints procedure and order execution policy. Four documents, none of them published. Clause 4.4 says the complaints procedure is on the website. It is not.

Why this matters

The document that decides how your complaint gets handled is one you have never been allowed to read. You agreed to it when you opened the account.

Exhibit 7CriticalRarely seen4

By agreeing to this agreement with SECUREFX, you are agreeing to the terms of our Policies below.
Clause 1.3 in Client Agreement, p.2
Downloaded from the broker's site on Open the reference
Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA or CySEC must give retail clients their complaints handling procedure and their conflicts of interest policy, and must name an independent ombudsman. None of these documents is available on this site and no independent scheme is named anywhere.

SECUREFX is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Our readingIncorporating policies by reference is ordinary drafting. Incorporating four while publishing none is not, and the contract states that one of the four is on the website when the legal documents page does not carry it.

Four SecureFx promises its own contract does not keep

SecureFx says it is multi-regulated; its client agreement names no regulator. It says your money sits with Barclays Bank PLC; clause 13.2 says Commonwealth Bank of Australia. It says you never lose more than you deposited; Schedule 2 refuses to guarantee that. It sells accounts to scalpers and algorithmic traders whose trades clause 17.2.4 lets it revoke.

Claim against contract2 clauses flagged

The Pro account page promises no trading restrictions on strategies and the Raw account page is sold as built for scalpers and algorithmic traders. Clause 17.2.4 lets SecureFx intervene in accounts using arbitrage strategies and approve every order they place.

Why this matters

The strategy you were sold the account for is the one the contract lets SecureFx police. It can also refuse any order that opens or increases a position.

Exhibit 12WarningHarder than usual

Accounts that rely on arbitrage strategies may at SECUREFX’s sole discretion be subject to SECUREFX’s intervention and SECUREFX’s approval of any Orders.
Clause 17.2.4 in Client Agreement, p.20
Downloaded from the broker's site on Open the reference
Our own capture of securefx.net, taken on Sep 9, 2026The claim, on Pro Account page, feature list item 6Visit this page on the broker's siteDownload the full size image file

The security of funds page says your deposits sit with Barclays Bank PLC. Clause 13.2 of the client agreement says client money is held in segregated accounts at Commonwealth Bank of Australia.

Why this matters

You cannot tell which bank holds your money, and the contract adds that SecureFx is not liable if that bank fails. Knowing the right name is the first thing you would need in an insolvency.

Exhibit 13WarningHarder than usual

Client money is held in “Segregated Accounts” at Commonwealth Bank of Australia as safeguard for the protection of Client Money.
Clause 13.2 in Client Agreement, p.15
Downloaded from the broker's site on Open the reference

SecureFx does not have to tell you what it charged

Clause 8.2 removes any duty on SecureFx to disclose the commission, profit or other payment it made or received on your trades. Clause 5.3 lets it change its fee structure at any time without notice. The contract states no withdrawal fee at all: clause 11.3.7 tells you to email support and ask. Anything you owe carries interest at 1% a month.

Cost disclosure2 clauses flagged

SecureFx does not have to tell you what it earned on your trades. Clause 8.2 removes that duty. Clause 5.3 lets it change its fee structure at any time without notice, and clause 11.3.7 tells you to email support to find out what a withdrawal costs.

In plain words

Remuneration means payments it receives.

Why this matters

Money can leave your balance without a figure or a reason attached. Nothing in the contract obliges SecureFx to send you a breakdown, so you cannot check what you paid.

Exhibit 9WarningHarder than usual

We will comply with Applicable Regulations binding on us, but we shall be under no further duty to disclose any interest to you, including any benefit, profit, commission or other remuneration made or received by reason of any Transaction or any related transaction or position.
Clause 8.2 in Client Agreement
Downloaded from the broker's site on Open the reference
Set against a regulated standard: FCA (UK), CySEC (Cyprus)

Firms licensed by the FCA or CySEC must disclose costs and charges to a retail client before that client trades, and again afterwards. This contract removes the duty to disclose and lets the fee structure change without notice.

SECUREFX is not licensed by these regulators, so this is a comparison of practice, not a finding of any breach.

Anything you owe SecureFx and do not pay on the due date carries interest at 1% per month under clause 11.3.1.3. The clause charges it before and after any judgment, and runs until SecureFx actually receives the money.

Why this matters

A negative balance is not frozen while you argue about it. It grows every month, and it keeps growing after a court has ruled.

Exhibit 10WarningHarder than usual1%

if any payment is not received by us on the due date for payment then, without limitation of any other rights which we may have, we will be entitled to charge interest on the overdue amount (both before and after judgment) at a rate of 1% per month from the date payment was due until the actual date of receipt by us; and
Clause 11.3.1.3 in Client Agreement, p.12
Downloaded from the broker's site on Open the reference

What it costsA $1,000 debt left for a year adds $120 in interest at that rate.

SecureFx can tell your employer and anyone asking for a credit reference

The SecureFx privacy policy lets it pass details of your trading account to any person it believes is seeking a credit reference in good faith, and warns this may affect your ability to obtain credit. Clause 19.6.3 of the client agreement adds your employer. Content you post can be kept and displayed indefinitely after you close the account.

Your data1 clause flagged

SecureFx can pass details of your trading account to anyone it believes is asking for a credit reference in good faith, and its privacy policy warns this may affect your ability to get credit. Clause 19.6.3 of the client agreement adds your employer to that list.

Why this matters

Your employer can be told you trade leveraged products, and a lender can be told how your account performed. Neither disclosure needs your agreement at the time.

Exhibit 17WarningRarely seen

You agree that we will be permitted, if so required, to furnish relevant information concerning your Trading Account(s) to any person who we believe to be seeking a reference or credit reference in good faith. The information we share may affect your ability to obtain credit.
Clause 14.2 in Privacy & Security Policy, p.11
Read from the broker's site on Open the reference

Buried at section 46 of 57 in the Privacy & Security Policy, 81% of the way through.

Our readingCredit reference sharing is normal for a lender. A trading account is not credit, and a clause that lets a broker answer any enquirer it judges to be acting in good faith puts the test entirely in the broker's hands.

SecureFx calls itself an agency broker and reserves the right to take a principal position

Clause 4.3.1 says SecureFx passes your trades straight through to liquidity providers. Clause 5.1.2 then lets it charge the difference between the price at which it takes a principal position and your execution price. Clause 12.3.1 gives no warranty that the prices quoted on its platform reflect the prevailing market.

In plain words

Liquidity providers are outside banks and brokers.

The other side1 clause flagged

Clause 4.3.1 says SecureFx passes your trades straight to liquidity providers as an agency broker. Clause 5.1.2 then lets it charge the gap between the price at which it takes a principal position and the price you get.

Why this matters

If SecureFx takes the other side of your trade, your loss is its gain. Clause 12.3.1 also gives no warranty that the prices on its platform reflect the real market.

Exhibit 11WarningHarder than usual

We deal with you as an Agency broker. This means SECUREFX operates on an execution-only basis, where any Trades placed by you on our trading Platforms will be transmitted through our Platforms directly to our various Liquidity Providers for execution.
Clause 4.3.1 in Client Agreement, p.5
Downloaded from the broker's site on Open the reference
  • Worse together with Exhibit 9SecureFx may take a position against you and has no duty to disclose what it made from doing so.

After six years SecureFx can move your balance out of segregation

Clause 13.11 lets SecureFx release your money from the segregated account after six years without movement, where it cannot trace you. The sentence that should promise repayment says SecureFx will make any valid claim rather than pay one. We found no inactivity or dormancy fee in the documents SecureFx publishes.

In plain words

Dormancy means an account left unused.

Dormant money1 clause flagged

If nothing moves in your account for six years and SecureFx cannot trace you, clause 13.11 lets it release your money from the segregated account. The sentence that should promise to pay you back instead says SecureFx will make any valid claim.

Why this matters

Once the money is out of segregation it sits with SecureFx's own funds. The clause does not commit SecureFx to returning it if you come back.

Exhibit 16WarningStandard wording

The Client agrees that, in the event that there has been no movement on the Client’s Trading Account balance for a period of at least six years (notwithstanding any payments or receipts of charges, interest or similar items) and the Company is unable to trace the Client despite having taken reasonable steps to do so, the company may release any Client’s money balances from the Segregated account. Having released the money from the segregated account, should a valid claim subsequently be made against the money SECUREFX will make any valid claim.
Clause 13.11 in Client Agreement, p.16
Downloaded from the broker's site on Open the reference

Buried at section 34 of 57 in the Client Agreement, 60% of the way through.

SecureFx Capital Ltd is the counterparty and its documents were never finished

SecureFx Capital Ltd is the company you contract with, at a Castries address in Saint Lucia under licence number 2023-00646. Its privacy policy still names another firm, INIFINOX, in a sentence about your rights. Its introducing broker agreement is published with clauses still headed Example. The two agreements give different loss figures, 82.86% and 75%.

In plain words

On a principal basis, as your counterparty, means the broker takes the other side of your trade itself. Your loss is then the firm’s gain, so it has an interest in how your trade ends.

Who you contract with1 clause flagged

SecureFx's privacy policy still names another company, INIFINOX, in the middle of a sentence about your rights. The introducing broker agreement is published with its drafting notes intact: whole clauses are headed Example and Example Clause for Compliance.

Why this matters

You cannot rely on a document that was never finished for this company. The two agreements even give different loss figures, 82.86% in one and 75% in the other.

Exhibit 18WarningRarely seen

This is why INIFINOX is providing you with the information in this policy.
Clause 7.2.a in Privacy & Security Policy, p.6
Read from the broker's site on Open the reference

Where it sits: section 27 of 57 in the Privacy & Security Policy, 47% of the way through.

Our readingBrokers commonly buy template documents. Publishing one with another firm's name still inside it, and another with its example clauses still labelled as examples, means nobody checked the terms before they were made binding.

Where the marketing and the contract disagree

A promise made in public, set against the clause that governs it

01

The home page claims multiple regulators while the clause of the contract headed Our Regulatory Status names none.

Said in public, in English

Trade confidently with a globally recognized and multi-regulated broker. SecureFX operates under multiple international regulatory frameworks, ensuring transparency, investor protection, and adherence to the highest compliance standards across every market where we serve clients.

Home page, Institutional Reliability panel headed Multi-Regulated Broker

In the contract · clause 4.1

SECUREFX is a registered trading name of Securefx capital ltd.

02

The site names a Malaysian regulator while the contract you sign runs under Bahamas law and cites the Bahamas commission throughout.

Said in public, in English

SecureFx Capital Ltd is regulated by the Labuan Financial Services Authority (Labuan FSA), ensuring transparency, compliance, and operational integrity.

Security of funds page, Global Regulation panel

In the contract · clause 4.5.1

Subject to the immediately preceding sentence, this Agreement and all Transactions will be governed by and construed in accordance with the laws of the Commonwealth of The Bahamas.

03

The site promises you cannot lose more than you deposited and the contract refuses to guarantee it.

Said in public, in English

Traders are protected from account overdrafts, ensuring you never lose more than the funds you have deposited.

Security of funds page, Negative Balance Protection panel

In the contract · clause Schedule 2, 4.2

However, please note we do not guarantee that your account will not fall into a negative balance, particularly in adverse Market conditions.

04

The site names Barclays as the bank holding your money and the contract names Commonwealth Bank of Australia.

Said in public, in English

Client deposits are securely held with Barclays Bank PLC, a British global bank operating in over 50 countries worldwide.

Security of funds page, Trusted Banking Partnerships panel

In the contract · clause 13.2

Client money is held in “Segregated Accounts” at Commonwealth Bank of Australia as safeguard for the protection of Client Money.

05

The deposit page promises approval within hours and the contract gives SecureFx an unlimited discretion to refuse or delay.

Said in public, in English

1–3 hours to approve the withdrawal and up to 30 minutes to transfer the funds.

Deposit and withdrawal page, Processing Time row of the fees table

In the contract · clause 11.3.2

We may in our sole and reasonable discretion refuse or delay giving effect to your request for a withdrawal of money from your Account (in whole or in part), including as a result of any request to close that Account, if any of the following apply

06

The account page advertises zero hidden markups and the contract reserves the right to charge a markup SecureFx has no duty to disclose.

Said in public, in English

Gain institutional-level access with direct market pricing, ultra-tight spreads, and zero hidden markups for transparent trading.

Raw Account page, opening paragraph under the heading Raw Account

In the contract · clause 5.1.2

We may charge a mark-up or mark-down (the difference between the price at which we take a principal position and the Transaction execution price with you).

07

The Pro account promises no restrictions on strategies while the contract lets SecureFx approve every order an arbitrage account places.

Said in public, in English

No trading restrictions on strategies

Pro Account page, feature list item 6

We took a picture of this page. It is shown once, with the finding it belongs to. See our capture of securefx.net

In the contract · clause 17.2.4

Accounts that rely on arbitrage strategies may at SECUREFX’s sole discretion be subject to SECUREFX’s intervention and SECUREFX’s approval of any Orders.

08

The Raw account is sold to scalpers and algorithmic traders whose trades the contract allows SecureFx to revoke.

Said in public, in English

Optimized for scalpers and algorithmic traders

Raw Account page, feature list item 4

In the contract · clause 17.2.4

Transactions that rely on price latency arbitrage opportunities may be revoked.

The documents this reading is based on

3 files, all published by SECUREFX. Each shows when we read it and a fingerprint of its wording.

WIKILIX keeps the copy of each file it read, and does not republish it: what is published is the fingerprint of its wording. Download the file yourself and hash its text, lowercased with runs of whitespace collapsed, and a matching fingerprint means the wording quoted above is still the wording SECUREFX publishes.

How this reading was done

Every clause above was read out of a document SECUREFX publishes itself

This reading was published on .

Documents
2 of 3downloaded from the broker's site, and 2 read in full
Pages opened
45pages walked to find those documents, footer links included
Older copies
3earlier versions downloaded, 3 identical to the copy we hold by fingerprint
Marketing pages
11public pages set against what the contract says
Position measured
3clauses whose position was counted: which numbered section of the document holds them, out of how many

Who the contract is with

SecureFx Capital Ltd

You contract with SecureFx Capital Ltd. The introducing broker agreement describes it as a financial services company registered in Saint Lucia, and the regulations page gives a Castries address with licence number 2023-00646. The client agreement never names a regulator. Its section headed Our Regulatory Status is a single sentence saying SECUREFX is a registered trading name of Securefx capital ltd. The same agreement then applies the law of the Commonwealth of The Bahamas and refers throughout to the Securities Commission of The Bahamas, without giving a licence number for it. The documents spell the company three ways: SecureFx Capital Ltd, Securefx capital ltd and SECUREFX CAPITAL LTD.

Quotations are copied verbatim from the documents named above, with the clause number and the page each one came from. Where a clause is quoted in another language, the original is shown first and the English is a translation.

The plain-language parts, what a clause means for a client, how ordinary it is, and how it reads against a regulated standard, are WIKILIX's analysis and are labelled as such on every card. This is a reading of public documents, not legal advice and not an allegation of wrongdoing.

In fairness, and what we could not check

A reader who knows the edges of the work can trust the middle of it

The risk disclosure inside the client agreement is thorough. Schedule 2 spells out leverage, margin calls, weekend gaps and slippage in plain terms. SecureFx prints its own loss figure, 82.86% of retail accounts, on the second page of the contract instead of burying it. Clause 2.3.1 gives you ten business days notice before any change to the terms takes effect, which is longer than many brokers allow. Clause 11.3.5 returns money only to the account it came from, which protects you as much as it protects SecureFx.

We read the client agreement as far as Schedule 3, the product terms for Range Spreads, and we did not read the rest of that schedule. SecureFx lists six legal documents on its legal documents page: terms and conditions, an anti money laundering policy, a global order execution policy, a risk disclosure notice, a refund policy and a cookies policy. None of the six opens when clicked. Only three documents are published as files, and those three are what this reading covers. The complaints procedure, the best execution policy and the conflicts of interest policy named inside the client agreement are not published anywhere we could find. Every marketing claim quoted here comes from a page we opened ourselves. The site is published in English only, so there was no second language version to compare the contract against.

How to check any of this yourself

Every quote above links to the SECUREFX file it came from. This is what to do with it.

Open the three stepsFind the words in the source, work out the fingerprint, and read what a difference does and does not prove.

Open the source and search for the words

Every quote has a link under it. Open the file, or the web page, and search it for the words we quote. The clause number next to the quote tells you where to look.

If the words are not there any more, the source may have changed after we read it. That is worth knowing too. We keep the date we read it, and a code worked out from its wording, so the quote stays checkable.

What a fingerprint is

A fingerprint is a code worked out from what a source says. Change one word and the code changes completely. We keep two codes for every file we read, and the panel on each source shows both.

The first is the code of the exact file we downloaded. The second is the code of its wording alone, with capital letters lowered and runs of spaces collapsed. When the same words are saved as a new file, the first code changes and the second one stays the same.

Only the first code can be worked out on your own computer. Save the file, then run one of these, putting the name of the file you saved where the example is. The panel on each source prints the command with that source's real file name already in it.

macOS or Linux:
  shasum -a 256 the-file-you-saved.pdf

Windows:
  certutil -hashfile the-file-you-saved.pdf SHA256

The two codes are different from each other, and they are not meant to match. Comparing one against the other proves nothing.

What a difference means, and what it does not

A different file code on its own proves nothing. A PDF saved again with a new date inside it is a new file saying exactly the same thing.

A different wording code means the words themselves changed. That is the one that matters, and it is why we keep it.

Even then, a change is not proof of bad faith. Companies update their documents. What this report says is what the document said on the day we read it, and every quote carries that date.

A source that is a web page and not a file has no file to save, so only the code of its wording is shown.

How this report is made

Every clause quoted above comes from a document SECUREFX publishes on its own website, downloaded and hashed on the date shown, with the clause number and page recorded so any reader can check it. We do not allege anything the documents do not say, and we do not judge SECUREFX on anything other than its own published terms and its own public marketing. Where a clause has a qualifier that softens it, the report says so. Last read Sep 9, 2026.

If you represent SECUREFX and a clause has changed, been withdrawn, or is being read out of context, tell us and we will re-read the documents and update this page. Corrections from the broker are welcome and are published with the reading they change. Contact us.

This is a reading of a contract, not legal advice and not a ruling on SECUREFX. Whether its licence is real and current is a separate check on the broker profile.

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