Broker Summary
What Wikilix has recorded about TrueFX: its history, the licences it holds, its trading conditions and its fees.
TrueFX Overview
TrueFX is a streaming and historical foreign exchange market data service, not a brokerage. It is a trademark of Integral Development Corp, and its own Market Data FAQ states that it is not a broker but a service provided by Integral, which it describes as a neutral technology provider. TrueFX publishes indicative prices for currencies, metals and crypto assets, aggregated from large financial institutions and market makers and delivered with no intermediary.
What TrueFX sells is access to that data. There is no trading account, no deposit, no leverage and no order execution anywhere in the service. Two paid subscription plans are published, at USD 4,950 and USD 7,450 a month, alongside a free registered tier that opens the historical tick data downloads.
Is TrueFX a Broker?
No. Asked whether it is a retail broker on its own , the service answers: "No, TrueFX is not a broker." It does not open trading accounts, hold client money or execute orders, and it states that its prices are indicative and not executable. Anyone who arrives at TrueFX while shopping for a broker is looking at a price feed, used for purposes such as price verification, historical back testing and generating a base price for onward distribution.
TrueFX Regulation and License
WIKILIX holds no financial regulator licence on record for TrueFX. That position needs reading in context rather than as a lapse: because the service provides market data and not trading, it takes no client deposits and acts as nobody's counterparty, so the investor protections attached to a brokerage licence have nothing to attach to here. Equally, none of the complaint and compensation routes that come with a regulated brokerage can be assumed.
WIKILIX's record does carry a United States company registration for the operating company, Integral Development Corp, under Texas file number 0801017892. A company registration proves that a legal entity exists. It is not financial regulation and not a trading licence, and it should not be read as either.
Integral Development Corp
Integral Development Corp is the company behind TrueFX, and the site states the relationship directly in its footer: TrueFX is a trademark of Integral Development Corp, under an Integral copyright notice running from 2009. The data comes from Integral's own infrastructure, with currency and metals prices sourced from Integral OCX and crypto asset prices from Mint Exchange. WIKILIX's record holds a United States office address for the company in Palo Alto, California.
Is TrueFX Safe?
Safety takes a different shape for a data vendor than for a broker. TrueFX never holds client funds, so the risk that worries most retail traders, a broker failing to return money, does not apply to it, and the service has run under the same brand and domain for many years with a named United States company behind it.
Its limitations lie elsewhere. The prices are indicative and not executable, so any decision taken from them carries that gap. No financial regulator licence sits on the record. And the subscription terms reserve the right to introduce a charge for access to the service on no less than 45 days notice.
TrueFX Account Types
Every tier TrueFX publishes is a market data plan, and each plan page describes it as a market data account rather than a trading account.
- Professional, USD 4,950 a month. The full set of currencies with bid and offer prices, an event driven stream over FIX, internet connectivity, and operation and support 24 hours a day, 5.5 days a week. Cryptocurrencies are an optional extra.
- Institutional, USD 7,450 a month. Everything in the Professional plan, plus three levels of depth of book pricing and low latency cross connects in New York, London and Tokyo.
- Free registration. Registration costs nothing and opens the historical tick by tick data downloads.
- TrueFX Trader. An upgrade that adds an event driven stream over websocket for existing members. Monthly and annual products exist, but no price is published for either.
Both paid plans are arranged through an enquiry form rather than bought from a checkout.
TrueFX Spreads, Commissions and Fees
TrueFX has no spreads, no per lot commission and no trading costs of any kind, because there is no trading. Its only published prices are the two monthly subscriptions above. The terms and conditions state that there is currently no charge for access to and use of the system, and reserve the right to institute or change a fee on no less than 45 days notice, given through the system or on Integral's website. Clients are also made responsible for any taxes, levies or duties arising from the agreement.
TrueFX Trading Platforms
TrueFX offers no trading platform, and WIKILIX's record holds none for it. There is no MetaTrader, no proprietary terminal and no web trader, because the service delivers prices rather than a place to deal on them. Delivery is by event driven stream over FIX on the paid plans, with a websocket option on the TrueFX Trader plan, while historical data arrives as files from the downloads area after a free registration.
TrueFX Deposits and Withdrawals
TrueFX publishes no deposit or withdrawal method, and there is nothing on its site to fund. It carries no funding, deposit, withdrawal or cashier page and exposes no payment gateway, free registration asks for no payment details, and the two paid plans are arranged by enquiry. Figures describing minimum deposits, card fees or withdrawal times for TrueFX do not come from this service.
TrueFX Support
The site carries a contact page of its own and an enquiry form on each paid plan page. WIKILIX's record holds a United States telephone number, +1 650 424 4611, and an office address at 850 Hansen Way, Palo Alto, CA 94304, USA. Operation and support on the paid data plans are described as covering 24 hours a day, 5.5 days a week.
TrueFX Pros and Cons
In its favour: TrueFX is clear about what it is and says in its own words that it is not a broker, the operating company is named and traceable, institutional grade historical data is available at no cost after registration, and because no client money is held the failure mode that worries most retail traders does not exist here.
Against it: the prices are explicitly indicative rather than executable, no financial regulator licence sits on the record, the paid plans are expensive and quoted only by enquiry, no price at all is published for the TrueFX Trader tier, and the terms allow a charge to be introduced for free access on 45 days notice.
TrueFX Review and Assessment
TrueFX is best understood as an institutional data product from a technology company, and it is most likely to be misread by someone who found it while looking for a broker. What it sells is a feed of indicative currency, metals and crypto prices, in real time on a paid subscription or historically for free after registration, and its buyers are brokers, platforms and quantitative users rather than retail traders. Before paying for a plan, decide whether indicative data is good enough for the intended use. TrueFX states that its prices are not executable, and the cost of the two streaming plans makes this the first question to answer.
Website snapshots
8 full-page captures of TrueFX's own site, archived so what they said can still be read after the pages change.
Regulatory Licenses
We have not confirmed any regulation for TrueFX. Money deposited with an unregulated broker is protected only by the company itself.
Trading with an unregulated broker puts your deposit at risk.
No regulation
We have not confirmed any regulation for TrueFX. 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
- No compensation scheme covers your funds.
- No regulator to escalate a complaint to.
- No audit of how client money is held.
Account Types
2 account types on record.
| Account | Min Deposit | Max Leverage | Commission |
|---|---|---|---|
| ProfessionalProfessional · VIP | Not recorded | Not recorded | USD 4,950 per month market data subscription; not a trading account (prices are indicative, not executable) |
| InstitutionalInstitutional · Corporate | Not recorded | Not recorded | USD 7,450 per month market data subscription; not a trading account (prices are indicative, not executable) |
Country availability
Where TrueFX says it will and won't take clients
No country restrictions on record. We looked and found nothing published — which is not the same as being open to everyone. Check TrueFX's terms.
How we know — 10 sources
- 1No country policy is published anywhere on this broker's own site. As of 2026-10-13, none of the six places where such a policy would appear holds a restriction list (five could be reached), so no country is listed as refused or accepted.
- 2Client agreement (https://www.truefx.com/truefx-terms-and-conditions/): twenty clauses, with no eligibility, capacity or geographic clause and no country named anywhere. The nearest wording is clause 3.A, “You shall access and use the System only in conformity with all applicable statutes, rules, and regulations, and the interpretations of any regulatory agency with jurisdiction”, which is a user-side compliance undertaking that names no jurisdiction and imposes no restriction. The document’s only uses of “restriction” are confidentiality carve-outs and its uses of “jurisdiction” are the arbitration and severability clauses. It is not linked from the footer, which links only the privacy policy, and it refers to no restricted-country list held elsewhere.
- 3No dedicated countries page exists: /restricted-countries, /prohibited-countries, /accepted-countries and /where-we-operate are all absent, and the published sitemap at https://www.truefx.com/wp-sitemap.xml (74 URLs) lists no such page. The FAQ at https://www.truefx.com/truefx-market-data-faq/ carries five questions and no mention of a country, jurisdiction or region. A search of the site returned nothing for restricted countries, residents, eligible or prohibited; “jurisdiction” returned only the terms and “country” only the privacy policy.
- 4Account registration form (https://www.truefx.com/truefx-registration-2/): the country field sits in the billing address block, is not a required field, and carries the membership plugin’s stock world list of 245 ISO entries. It applies no geographic gate: every comprehensively sanctioned jurisdiction is selectable, the list still offers the ISO code AN (Netherlands Antilles) that was withdrawn in 2010, and its only absences are unincorporated United States territories while Puerto Rico is present. It is not a closed list of accepted countries.
- 5Sales enquiry forms (https://www.truefx.com/truefx-professional-plan/, https://www.truefx.com/truefx-institutional-plan/ and https://www.truefx.com/contact-truefx/): each embeds a form whose required Country field offers 157 entries beside a Region field of five internal territories (EMEA, Americas, Asia, Middle East, Africa). That list is a stale customer-system picklist rather than a policy: it holds the same country twice under both its ISO long and short names (“Iran, Islamic Republic of” and “Iran”, “Korea, Republic of” and “South Korea”, “Viet Nam” and “Vietnam”, “Venezuela, Bolivarian Republic of” and “Venezuela”), its alphabetical order is broken by that duplication, and its omissions follow no policy pattern, since Iran, North Korea, Syria, Russia, Belarus, Myanmar and Venezuela are all selectable while Pakistan, Ghana, Jordan, Panama, Nepal, Cambodia, Cuba, Afghanistan, Iraq, Sudan, Somalia and Yemen are absent. These forms route a sales enquiry rather than open an account, so neither an acceptance nor a block is read from them.
- 6No anti-money-laundering or know-your-customer policy, risk disclosure, or deposit and withdrawal page is published, and a search of the site for sanctions returned nothing. The service is sold as a subscription and its pricing pages (https://www.truefx.com/plans/truefx-plans/ and the two plan pages) state no geographic or payment-country restriction. The site publishes no partner or introducing-broker terms.
- 7The footer is identical on every page and carries only the trademark and copyright line plus the privacy policy link, with no risk disclaimer and no statement that the site is not directed at any jurisdiction. The site publishes a single language: it declares en-US, serves no hreflang alternates and offers no language switcher.
- 8The regulator-filings location was not opened: this review draws only on the broker’s own pages, and a filing could at most support an accepted jurisdiction and could never establish a block. No regulator is named for this broker, so no filing exists to look for.
- 9Iran is listed neither as accepted nor as refused. Iran appears on the broker's site only as one option in the standard registration dropdown, which restricts nothing. The site has no Persian version (/fa, /fa-ir, /persian and /ir do not exist), no Persian script and no rial or IRR funding wording on any of its nine pages.
- 10The absence of a policy is genuine rather than unread, since every page of the site answered normally on 2026-10-13. The FAQ accounts for it: “No, TrueFX is not a broker. TrueFX is a service brought to you by Integral, a neutral technology provider”, and “The market data is indicative, not executable”. The operator onboards market-data subscribers rather than trading clients, and publishes no jurisdiction policy for them.
Funding Methods
5 ways to fund an account. 4 with no deposit fee. 4 credit instantly. The costliest way in is Credit Card at 3.5%.
| Method | Deposit fee | Withdrawal fee | Min deposit | Withdrawal min / max | Processing |
|---|---|---|---|---|---|
Credit CardCredit CardDeposits are added to the next invoice. Available to clients in regions where credit card payments are accepted. | 3.5% | Free | USD 10 | USD 50USD 50,000 | Instant |
Bank TransferBank TransferEnsure that the bank transfer details are accurate to avoid delays. Available to clients with access to international bank transfers. | Free | Free | USD 100 | USD 50USD 50,000 | Not recorded |
E-WalletsE-WalletEnsure that the e-wallet account is verified to avoid delays. Available to clients in regions where e-wallet services are supported. | Free | Free | USD 10 | USD 50USD 50,000 | Instant |
CryptocurrencyCryptocurrencyEnsure that the cryptocurrency wallet address is accurate to avoid loss of funds. Available to clients in regions where cryptocurrency transactions are legal. | Free | Free | USD 0.01 | USD 0.01USD 50,000 | Instant |
Debit CardDebit CardEnsure that the debit card is linked to a bank account with sufficient funds. Available to clients in regions where debit card payments are accepted. | Free | Free | USD 10 | USD 50USD 50,000 | Instant |
Global Domains
2 domains on record. All active and served over HTTPS.
Corporate Network
One legal entity behind the TrueFX brand.
Company Registration
The operating company is Integral Development Corp.. Registered in United States. Registration number 1868291.
- Legal entity
- Integral Development Corp.
- Registration number
- 1868291
- Jurisdiction
- United States
- Incorporated
- Oct 21, 1993
- Registry
- California Secretary of State (entity 1868291); corroborated on the Global LEI register (LEI Y28912MCQRZU5ST13393, fully corroborated) and registered in Texas (SOS file 0801017892)
- Registered address
- 3000 El Camino Real, 2 Palo Alto Square, 6th Floor, Palo Alto, CA 94306, USA
Brokers worth comparing
2 other brokers on the record share what TrueFX offers — its country, regulator, account types or platforms — set beside it on the same measures.
TrueFX
This recordUnited States · since 1998· Integral Development CorpNot recordedRegulationNo RegulationMax leverageNot recordedPlatformsNot recordedLicencesNot recordedRobinhood
United States · since 2013· Robinhood Markets, IncWikilix score 54.0RegulationRegulatedSECMax leverageNot recordedPlatformsNot recordedLicences3Pocket Trade
Malaysia · since 2017Wikilix score 42.0RegulationRegulatedFMAMax leverage1:1000PlatformsNot recordedLicences1
Frequently Asked Questions
Common questions about TrueFX
The site has its own contact page, and each paid plan page carries an enquiry form, which is how the Professional and Institutional subscriptions are arranged. WIKILIX's record holds a United States telephone number, +1 650 424 4611, and an office address at 850 Hansen Way, Palo Alto, CA 94304, USA.
Despite the name, TrueFX Trader is a market data plan and not a trading product. It lets existing TrueFX members upgrade their data plan to receive an event driven stream over websocket. Monthly and annual subscription products exist for it, but the site publishes no price and no signup form for either, so what it costs is not public.
Indicative FX, metals and crypto prices aggregated from large financial institutions and FX market makers, in real time 24 hours a day whenever markets are open, plus historical tick by tick downloads. Currencies and metals are sourced from Integral OCX and crypto assets from Mint Exchange. The historical files cover more than 16 major pairs at top of book, with fractional pip spreads in millisecond detail.
TrueFX is a trademark of Integral Development Corp, which the site states in its footer alongside an Integral copyright notice running from 2009. The TrueFX site describes Integral as a neutral technology provider, and the data comes from Integral's own infrastructure: currencies and metals from Integral OCX, and crypto assets from Mint Exchange. WIKILIX's record holds a Texas company file number, 0801017892, for the company, which is a corporate registration and not financial regulation.
Partly. Registration is free and opens the historical tick by tick downloads, which cover more than 16 major currency pairs at top of book, at no cost. The real time streaming plans are paid subscriptions. Note that the terms and conditions state there is currently no charge for access to the service and reserve the right to introduce a fee on no less than 45 days notice.
TrueFX publishes two paid plans: Professional at USD 4,950 a month and Institutional at USD 7,450 a month. The Professional plan covers the full set of currencies with bid and offer prices and an event driven stream over FIX, with cryptocurrencies as an optional extra and support 24 hours a day, 5.5 days a week. The Institutional plan adds three levels of depth of book pricing and low latency cross connects in New York, London and Tokyo. Both are arranged by enquiry rather than bought online.
No. TrueFX states that its market data is indicative, not executable. The prices are intended for uses such as price verification, historical back testing and generating a base price for onward distribution, not for dealing. Anyone needing executable prices needs a broker or a trading venue, which TrueFX is not.
No. On its own Market Data FAQ, TrueFX answers the question "Is TrueFX a retail broker?" with "No, TrueFX is not a broker. TrueFX is a service brought to you by Integral, a neutral technology provider." It sells streaming and historical price data for currencies, metals and crypto assets. It does not open trading accounts, take deposits or execute orders.
No. TrueFX offers no leverage and no trading platform, because it provides market data rather than trading. Its prices are indicative and not executable. The data is delivered as an event driven stream over FIX on the paid plans, with a websocket option on the TrueFX Trader plan, and historical files are downloaded from the site after a free registration.
There is no minimum deposit, because TrueFX does not take deposits or operate trading accounts. What it charges for is market data: the Professional plan is USD 4,950 a month and the Institutional plan USD 7,450 a month, both arranged by enquiry. Registration itself is free and opens the historical tick data downloads.
TrueFX publishes no deposit or withdrawal methods, because there is no trading account to fund. Its site carries no funding, deposit, withdrawal or cashier page and exposes no payment gateway, and free registration asks for no payment details at all. The two paid market data plans are arranged through an enquiry form rather than bought from a checkout.
TrueFX is not a broker at all, so brokerage regulation does not apply to it in the usual way. On its own Market Data FAQ it answers the question directly: "No, TrueFX is not a broker." It sells a market data subscription, opens no trading account and holds no client money, and WIKILIX holds no financial regulator licence on record for it. A United States company registration is on record for the operating company, Integral Development Corp, but a company registration is not financial regulation.
Comments
Share your thoughts and experiences with TrueFX