Wikilix
UNICORN FOREX BROKER logo

UNICORN FOREX BROKER

No Regulation
Mauritius
Since 2016
Last Updated:

Trading Conditions

Min Deposit:
USD10
Max Leverage:
1000
Account Types
  • ECN Account

Official website

Homepage of unfxb.com as we captured it

unfxb.com

Online · checked Sep 10, 2026

8 pages archived · Oct 6, 2026

Funding Methods

8 methods

NETELLER

e wallet
Instant
Fee:Not recorded
Fee:Not recorded

Perfect Money

e wallet
Up to 6 hours
Fee:Free
Fee:0.5%

Wire Transfer

wire transfer
Instant
Fee:Not recorded
Fee:Not recorded

Western Union

bank transfer
Up to 24 hours
Fee:Not recorded
Fee:5%

Royal Bank of Canada

bank transfer
Up to 3 days
Fee:Not recorded
Fee:3%

Rial Bank Iran

bank transfer
Up to 6 hours
Fee:Not recorded
Fee:Not recorded

Exchange in Afghanistan

bank transfer
Instant
Fee:Not recorded
Fee:Not recorded

Tether (USDT)

crypto
Up to 6 hours
Fee:$6
Fee:$6

Trust rating

Do not trust

35 out of 100 · 70% checked· Provisional

Our investigation found it is likely a scam, and the licences it claims have not been checked on any official register.

Capped at 35 · Likely scam

We checked UNICORN FOREX BROKER on 2026-10-24 across its regulation, company record, client terms, trading offer and service, and could verify 70% of its record. It claims 2 licences on its site, but none has been checked on an official register yet. The score was held at 35 because our investigation found it is likely a scam. The rating stays provisional until a claimed licence is checked on an official register. What would move the score: licence held by the onboarding entity, policy risk, critical clauses. Our published investigation found it is likely a scam, with 5.6 years of track record. Its client terms have not been reviewed yet.

Score last calculated 2026/10/24

Regulatory Licenses

Regulatory Licenses:
Tier 2
Cyprus flag
Common Business Registration
Regulated
CySEC | Cyprus
Regulatory Licenses:
Tier 3
Saint Vincent and the Grenadines flag
Common Business Registration
Offshore
FSA | Saint Vincent and the Grenadines

Company Information

Full Name:UNFXB LTD
Founded:2016
Headquarters:Mauritius
Enterprise Offices:N/A

Customer Support

Phone:
+44 800 520 0072
Live Chat:
Available
Response Time:
—
Languages:
English
Scroll Down

Is UNICORN FOREX BROKER a scam?

Wikilix independent safety report

Read the full report
78%Scam risk
Likely scamConfidence: MEDIUM
2.0/5Safety rating 2 out of 5

UNFXB (Unicorn Forex Broker) is very likely a scam. It takes deposits for live trading but holds no financial licence anywhere, and multiple clients report that withdrawals were refused and accounts…

Risk scorecard · each area scored 0 (clean) to 10 (worst)

Regulation7/10 · HighIdentity & transparency6/10 · HighWithdrawals & conduct8/10 · CriticalReputation7/10 · HighWebsite claims8/10 · CriticalOperational history6/10 · High
Editorial review
Updated

Broker Summary

What Wikilix has recorded about UNICORN FOREX BROKER: its history, the licences it holds, its trading conditions and its fees.

Important Information about UNFXB

UNFXB (Unicorn Forex Broker), a Global Forex broker created 2016, has grown dramatically due to its multi-market access and ability to social trade, making it an obvious choice for a broad range of investors. However, the lack of regulatory clarity is still a concern for the broker with regards to client fund protection and transparency.

History of UNFXB

Based out of Unicorn Brokers Holding, UNFXB combines 18+ years of experience in the field. Since inception, the company has been registered and established in numerous places around the world, including Mauritius, Saint Vincent and the Grenadines, Saint Lucia, Canada, Cyprus, Afghanistan, Turkey, and Australia, although information on both the founder(s) and the company's level of financial transparency is limited.

What UNFXB Offers

Types of Trading/Investment Instruments

UNFXB offers its clients access to:

1,400+ different charts

300 – 400+ different types of cryptocurrencies

Standard forex pairs or pairs with stocks, indices, and commodities

This gives investors an exceptional opportunity to create a diverse portfolio through just one platform.

Types of Accounts & Services

While not providing exact technical account descriptions or layout, UNFXB does offer the ability to:

Invest via Copy trading

Receive help on investment via various programs

Gain rewards for non-trading based activity

Methodology of Trading

According to UNFXB's own statements, the broker utilizes an NDD (Non-Dealing Desk) execution model. However, according to some clients of the broker, there are reported issues with both executions and slippage.

Status of Licenses and Regulatory Compliance

UNFXB has multiple registrations, however the company does not have any confirmations of licenses from large regulators. This means that traders do not have the same types of protections regarding things like Fund Segregation or Compensation Schemes.

Registration Numbers and Legal Jurisdiction

Mauritius (UNFXB Ltd) 177815 AC - Registered Entity; Not Licensed by the Mauritius FSC

Saint Vincent and the Grenadines 26505 BC 2021 - IBC; Has No Forex Regulation License

Saint Lucia 2024-00028 IFC - Registered IBC; Has No Financial Regulatory Authority

Canada BC1223308 - Registered Corporate Entity; No Financial License

Cyprus HE415055 - Registered Corporate Entity; No CySEC License

Afghanistan 70645 - Registered Corporate Entity; No Financial License

Turkey - Unknown Registration Number; Registered Corporate Entity; No Financial License

Australia - Unknown Registration Number; Registered Corporate Entity; No ASIC License

Safety Rating: 1.40 out of 10, High Risk

Trading Costs and Conditions

As there is a lack of specific information available, it is difficult to put an accurate value on the costs.

Leverage – Not Stated; Most Likely Variable

Minimum Deposit – Not Given

Commissions and/or Fees – No information

Platform:

MetaTrader 5 (MT5) Supported

Copy trading available

Reports of slippage and slow executions by some clients

Summary of Fees

Type of Fee – Comments

Deposit Fees – Not Given

Withdrawal Fees – No Information

Inactivity Fees – No Information

Other Fees – No Disclosure

Due to the lack of transparency, traders may find other hidden costs.

Reputation/User Experience

Overall, most feedback about UNFXB is negative because of:

Execution Issues

Little Transparency

Questionable Regulatory Status

While some positives of UNFXB include:

Diversity of Instruments Available

MT5 Access

Global Accessibility

Opportunity to Social Trade

Several sources warn that UNFXB may be unsafe or possibly an outright scam.

Recent Developments

As of 2024-2025, the company has no major developments or improvements with regulatory bodies and they continue to build their registration base without receiving licensing.

Conclusion

The wide variety of trading instruments and access to the MT5 trading platform make UNFXB attractive to traders looking for variety. Unfortunately, the lack of a regulatory license, poor disclosures regarding fees, and reliability issues make UNFXB a significant risk to traders, therefore it is recommended that traders proceed with caution and choose brokers who have shown proven oversight and transparency.

Website archive
Captured

Website snapshots

8 full-page captures of UNICORN FOREX BROKER's own site, archived so what they said can still be read after the pages change.

8 pages
Homepage
Regulation & Licensing
Legal Entities & Branches
About UNIPRIME
Contact Us
Terms & Conditions
Risk Disclosure
Account Types
Captured by Wikilix from the broker's live site. Open any shot to read it full size.
Regulation check

Regulatory Licenses

UNICORN FOREX BROKER is listed with a tier-1 or tier-2 licence that we have not yet checked against the regulator's register. An unchecked licence is not a finding either way.

0 of 2 checked
Licences on record
2
Confirmed on register
0
Tier 1 or 2
1
Offshore
1

WIKILIX

Licence intelligence

The strongest of 2 licences on file

Licence Verification Record

Cyprus Securities and Exchange Commission HE415055

Recorded from the firm's own disclosure. Not yet checked against the register.

Jurisdiction
Cyprus
Authority strength
Tier 2
Licence type
Common Business Registration
Not yet checked on the register

Client protection under this licence

  • Compensation schemeUp to €20000 (ICF)
  • Client money kept separate
  • Negative balance protection
  • Complaints routeCyprus Financial Ombudsman
  • Maximum leverage1:30

These are the rules CySEC sets for the firms it licenses. They are not a statement about how UNICORN FOREX BROKER 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.

Open the CySEC licence recordAbout CySEC

Tier 3 and 4 authorities

1 licence
Deposits & withdrawals

Funding Methods

8 ways to fund an account. One with no deposit fee. 3 credit instantly. The costliest way in is Tether (USDT) at USD 6.

8 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
NETELLERE-Wallet
Withdrawals processed within 6-48 working hours with no commission. Same-method withdrawal required. Fees apply if withdrawing without trading activity or low trading volume.
Not recordedNot recordedUSD 10USD 10Not recordedInstant
Perfect MoneyE-Wallet
Withdrawal processing time 6-48 working hours. Same-method withdrawal required. Fees apply if withdrawing without trading activity or low trading volume.
Free0.5%USD 10USD 10Not recordedUp to 6 hours
Wire TransferWire Transfer
Instant deposit and withdrawal with no commission. Same-method withdrawal required. Fees apply if withdrawing without trading activity or low trading volume.
Not recordedNot recordedUSD 10USD 10Not recordedInstant
Western UnionBank Transfer
Deposit fee free, withdrawal fee 5%. Processing times: deposit 24 hours, withdrawal 6-48 working hours. Same-method withdrawal required. Fees apply if withdrawing without trading activity or low trading volume.
Not recorded5%USD 10USD 10Not recordedUp to 24 hours
Royal Bank of CanadaBank Transfer
Withdrawal processing time 3-5 working days. Same-method withdrawal required. Fees apply if withdrawing without trading activity or low trading volume.
Not recorded3%USD 10USD 10Not recordedUp to 3 days
Rial Bank IranBank Transfer
Processing time 6-48 working hours. No commission. Same-method withdrawal required. Fees apply if withdrawing without trading activity or low trading volume.
Not recordedNot recordedUSD 10USD 10Not recordedUp to 6 hours
Exchange in AfghanistanBank Transfer
Instant processing with no commission. Same-method withdrawal required. Fees apply if withdrawing without trading activity or low trading volume.
Not recordedNot recordedUSD 10USD 10Not recordedInstant
Tether (USDT)Cryptocurrency
Fixed $6 fee for deposit and withdrawal. Processing time 6-48 working hours. Same-method withdrawal required. Fees apply if withdrawing without trading activity or low trading volume.
USD 6USD 6USD 10USD 10Not recordedUp to 6 hours
Fees, limits and processing times as published by UNICORN FOREX BROKER, recorded by Wikilix.
Trading software

Trading Platforms

One trading platform on record: MetaTrader 5.

1 platform
  • MetaTrader 5 logo

    MetaTrader 5

    by MetaQuotes Software Corpsince 2010Developer site

    MetaTrader 5 (MT5) is a next-generation multi-asset platform for trading Forex, stocks, and futures, with advanced analytics, faster execution, and powerful algorithmic trading tools.

    Runs on

    • Windows
    • Mac
    • Web
    • Android
    • iOS
    Details
Platforms and download links as published by the broker, recorded by Wikilix.
Websites

Global Domains

One domain on record. All active and served over HTTPS.

1 domain
  • unfxb.comMain siteActiveHTTPS
Domains recorded by Wikilix. Only a domain listed here is known to belong to this broker.
Social channels

Social Presence

6 official channels on record.

6 channels
Channels as published by the broker, recorded by Wikilix.
Company registry check
Checked

Company Registration

UNICORN FOREX BROKER names UNFXB Ltd as the operating company. We could not confirm that registration on the registry.

Not confirmed on registry
Legal entity
UNFXB Ltd
Registration number
26505 BC 2021
Jurisdiction
Saint Vincent and the Grenadines
Incorporated
Jan 1, 2021
Registry
SVG Financial Services Authority (company registry)
Registered address
Suite 305, Griffith Corporate Centre, Kingstown, Saint Vincent and the Grenadines
From our latest investigation
Frequently Asked Questions

Frequently Asked Questions

Common questions about UNICORN FOREX BROKER

Most Popular Questions
Not specified.
According to WIKILIX data, UNICORN FOREX BROKER offers a maximum leverage of up to 1000:1. This high leverage is available on their ECN accounts, but traders should consider the risks associated with high leverage.
UNFXB LTD supports multiple funding methods including NETELLER, Perfect Money, Wire Transfer, Western Union, Royal Bank of Canada, Rial Bank Iran, Exchange in Afghanistan, and Tether (USDT). Deposit minimums start at 10 USD, with varying fees and processing times depending on the method. Withdrawals usually require the same method as deposits and may incur fees if there is low trading activity.
UNICORN FOREX BROKER offers the MetaTrader 5 platform, which is a multi-asset platform supporting web, iOS, macOS, Android, and Windows devices. MetaTrader 5 provides advanced analytics, faster execution, and algorithmic trading tools for Forex, stocks, and futures trading.
UNFXB LTD, also known as UNICORN FOREX BROKER, is registered in Mauritius but holds business registrations in Saint Vincent and the Grenadines and Cyprus. It is regulated offshore by the Seychelles Financial Services Authority and onshore by the Cyprus Securities and Exchange Commission (CySEC). CySEC regulation includes client fund insurance up to €20,000, while the Seychelles FSA offers lower transparency and no client fund insurance.
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