Risk scorecard
Each area is scored 0 (clean) to 10 (worst). Higher means more risk.
Regulation
7/10 · HighNo financial licence anywhere; takes deposits while presenting a Saint Vincent company registration as an 'FSA License'.
Identity & transparency
6/10 · HighEntities and addresses are disclosed, but they are offshore mail-drop style registrations and the history and country claims are contradictory.
Withdrawals & conduct
8/10 · CriticalFund-integrity complaints across Trustpilot and forums with specific amounts: withdrawals stalled and accounts blocked with deposits and profits taken.
Reputation
7/10 · HighTrustpilot 2.4 out of 5 with 37% one-star and scam threads on trader forums; net negative across platforms, but no formal regulator warning.
Website claims
8/10 · CriticalPresents company registrations as an 'FSA License', claims 18 years and a Mauritius base, both unsupported.
Operational history
6/10 · HighVerified operating age is about five years (2020 domain, 2021 company), far short of the advertised 18 years.
Who they are
A quick desk file on the company behind the brand.
- Brand: UNFXB / Unicorn Forex Broker (also seen as UNIPRIME and Unicorn Prime Liquidity)
- Legal entity: UNFXB Ltd (Saint Vincent and the Grenadines) and UNIPRIME Ltd (Saint Lucia), described as part of 'Unicorn Brokers Holding'
- Registered: Suite 305, Griffith Corporate Centre, Kingstown, Saint Vincent and the Grenadines; and The Sotheby Building, Rodney Bay, Gros-Islet, Saint Lucia
- Website: unfxb.com (created November 2020)
- Only 'licence': none. It shows a Saint Vincent Business Company number (26505 BC 2021) labelled as an 'FSA License', which is not a forex licence
- Offers: forex, CFDs, metals, crypto, indices, stocks, leverage up to 1:1000
- Not accepted: United States, Turkey, Mauritius
- Age claim: 'more than 18 years of experience' and a 2016 start, neither of which matches the 2020 domain or the 2021/2024 company registrations
Regulation
Who really oversees this broker, and what each licence is worth to you.
Proof of regulation on an official register: No
We could not confirm this broker on any genuine regulator’s register.
Licences the broker publishes
Financial Services Authority (Saint Vincent and the Grenadines)
Cyprus (company registration HE415055)
Canada (company registration BC1223308)
Saint Lucia (IBC registration 2024-00028, UNIPRIME Ltd)
Why we reached this verdict
How the evidence adds up.
We reached 'likely scam' because several independent findings point the same way.
- No real regulation. Every credential UNFXB lists is a company registration, not a financial licence. The Saint Vincent FSA states plainly that it does not license or regulate forex brokers, does not enforce client-fund segregation, and offers no compensation scheme. Calling a Business Company number an 'FSA License' is misleading.
- The age story does not add up. The site claims 18 years of experience and a 2016 start, but the domain was registered in November 2020 and the operating companies date from 2021 and 2024.
- A repeated withdrawal pattern. On Trustpilot (90 reviews, 2.4 out of 5, 37% one-star) and on trader forums, clients describe the same failure: withdrawals stalled for weeks or months, accounts frozen, and balances or profits removed. Reviews name specific sums, such as 2,330 dollars pending three months and 5,046 dollars taken after an account was blocked.
- Built-in withdrawal traps. The terms require 5 lots traded per 1000 dollars deposited, allow a 10% deduction for low trading, and debit bonuses on withdrawal. These clauses give the broker easy ground to refuse payouts.
- A false country claim. The brand has been marketed as Mauritius-based, yet there is no record of it at the Mauritius FSC, and its own site excludes Mauritius clients.
Evidence ledger
Every finding, with its source and how strongly it points.
E1The broker's own page lists only company registrations (Cyprus HE415055, Canada BC1223308, Afghanistan 70645, Saint Lucia 2024-00028) and labels a Saint Vincent Business Company number as an 'FSA License Number 26505 BC 2021'. None is a financial or forex licence.
StrongUNFXB about pageE2The site footer states UNFXB Ltd is registered in Saint Vincent and the Grenadines with 'FSA - License Number 26505 BC 2021', wording that presents a company registration as regulatory authorisation.
ModerateUNFXB homepage footerE3The unfxb.com domain was created on 29 November 2020, which contradicts the site's claim of 'more than 18 years of experience' and a 2016 start.
E4Independent guidance confirms the Saint Vincent FSA does not license or regulate forex brokers, that a Business Company registration is not a forex licence, and that there is no fund segregation or compensation scheme, so the claimed 'licence' gives no real protection.
StrongEarnForex FSA SVG guideE5Trustpilot shows 90 reviews at 2.4 out of 5 with 37% one-star, dominated by withdrawal refusals and blocked accounts. Specific reports include a 2,330 dollar withdrawal pending three months and 5,046 dollars taken after an account was blocked with no explanation.
StrongTrustpilot UNFXB reviewsE6The broker's own terms require 5 lots of trading per 1,000 dollars deposited before withdrawal, allow a 10% deduction for low trading activity, charge a 5% withdrawal fee, and debit bonuses on withdrawal, all of which enable payout refusals.
ModerateUNFXB terms and conditionsE7A share of Trustpilot reviews are positive, reporting tight spreads and successful withdrawals, indicating some clients have been paid; the review distribution is strongly bimodal.
The other side
The strongest case in this broker’s favour.
In fairness, here is the case for the broker.
- The company entities do exist as registered companies in Saint Vincent and Saint Lucia, and the site openly names them and their addresses.
- Some Trustpilot reviewers report tight spreads and successful withdrawals, describing it as a working ECN broker.
- Registering offshore and holding no top-tier licence is not by itself proof of fraud. Hundreds of brokers operate legally from Saint Vincent-type jurisdictions.
- We found no formal regulator warning-list entry naming unfxb.com, so the case rests on customer reports plus the false-licence and age claims rather than on an enforcement action.
What would change this
What we would need to see to revise the verdict.
Our view would soften or change if:
- UNFXB produced a genuine, verifiable trading licence from a real financial regulator, matching the entity that holds client funds.
- It stopped presenting a company registration number as an 'FSA License' and corrected the 18-years and Mauritius claims.
- The withdrawal complaints stopped and clients confirmed consistent, timely payouts over a sustained period.
Our view would harden to 'confirmed scam' if a financial regulator published a warning naming unfxb.com, or if clustered advance-fee demands (pay a tax or fee before release) were documented.
Check it yourself
Official registers and warning lists. Verify every claim first-hand.
UNFXB company and 'regulation' details (broker's own page)
The registration numbers the broker itself publishes
UNFXB reviews on Trustpilot
Independent customer reviews, 2.4 out of 5
UNFXB complaints on Forex Peace Army
Trader complaints and scam reports
Mauritius FSC licensee register
Check the Mauritius claim; no UNFXB record found
CySEC regulated Cypriot investment firms
Cyprus regulator register; UNFXB is not a CySEC firm
Frequently asked questions
Quick answers about this broker’s safety.
Is UNFXB a scam?
The evidence points strongly that way. It takes deposits but holds no financial licence, and many clients report that withdrawals were refused and accounts frozen with money inside. We rate it a likely scam and advise against depositing.
Is UNFXB regulated?
No. It lists company registrations from Saint Vincent, Saint Lucia, Cyprus, Canada and Afghanistan, but none of these is a forex or financial licence. The Saint Vincent FSA does not license or regulate forex brokers.
What is the 'FSA License Number 26505 BC 2021'?
That is a Saint Vincent and the Grenadines Business Company registration number, not a licence. Registering a company there does not authorise brokerage activity or protect your funds.
Can I withdraw my money from UNFXB?
Many clients say no. Reviews describe withdrawals stalled for weeks or months, accounts blocked, and deposits and profits removed. Some reviewers do report successful withdrawals, so outcomes are inconsistent.
Is my money safe with UNFXB?
There is no regulator overseeing it, no requirement to keep client money separate, and no compensation scheme. If the broker refuses to pay, there is no financial authority to force it.
Who owns UNFXB?
The site describes UNFXB as part of 'Unicorn Brokers Holding', operating through UNFXB Ltd in Saint Vincent and UNIPRIME Ltd in Saint Lucia. Ultimate ownership is not clearly disclosed.
How old is UNFXB?
The website domain was created in November 2020, and the companies date from 2021 and 2024. Its claim of 'more than 18 years of experience' and a 2016 start is not supported.
Is UNFXB regulated in Mauritius?
No. Despite being marketed as Mauritius-based, there is no record of it at the Mauritius Financial Services Commission, and the site itself excludes Mauritius clients.
Is UNFXB a clone of another broker?
We found no evidence that it impersonates a specific regulated firm. It uses its own brand and its own offshore entities, so this is an unlicensed broker rather than a clone.
What are the withdrawal conditions at UNFXB?
Its terms require 5 lots of trading per 1,000 dollars deposited, allow a 10% deduction for low trading activity, charge a 5% withdrawal fee, and debit any bonus on withdrawal. These clauses make refusing payouts easy.
What should I do if UNFXB will not pay me?
Request the full withdrawal in writing and keep all records. If refused, file a card chargeback or bank dispute quickly and report to your local financial regulator. Avoid paying any 'fee' or 'tax' to release funds.
What should I check before depositing with any broker?
Confirm a genuine licence on the regulator's own register, check that the licensed entity is the one holding your money, read independent withdrawal reviews, and be wary of inflated history claims and offshore-only registration.
What we recommend
The practical takeaway from everything above.
Treat UNFXB as high risk and do not deposit.
- Do not send new funds; be very cautious about depositing more to 'unlock' a withdrawal.
- If you have money there, request a full withdrawal in writing and keep records of every message and transaction.
- If a withdrawal is refused, raise a card chargeback or bank dispute quickly and report to your local financial regulator.
- Ignore anyone who contacts you offering to 'recover' your funds for an upfront fee. That is a common follow-up scam.
This is an independent assessment of risk, not a legal ruling. Scores and verdicts follow the Wikilix broker-safety methodology and can change as new evidence appears. Review scores are treated with caution when a broker’s reviews look manipulated. Last reviewed August 26, 2026. If any detail here is out of date or incorrect, or you represent this broker, please contact us.