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Unregulated

Discovery FX

Samoa
Unregulated Samoa Spot Rolling FX, Precious Metals
0.0/ 10
Trust score

Poor

High-risk profile — proceed only with caution and small amounts.

Industry average 3.3 / 10
Read reviews Report broker Updated 02 Jul 2026
Discovery FX has no verified tier-1 regulatory licence on record. See what this means →
User reviews
License status
None
Operating since
2018
Platforms
MT5, MT4
Min. deposit
$200
Max. leverage
1:1
Account types
Website status
Unknown

Discovery FX Review — Overview

Updated 02 Jul 2026
Regulation
Unregulated
Licence status
Not Regulated
Platforms
MT5, MT4
Min. deposit
$200
Max. leverage
1:1
Instruments
Spot Rolling FX, Precious Metals
Operating
Est. 2018
Website
Unknown

Discovery FX is a cryptocurrency exchange based in Samoa, established in 2018. On Trust Broker Hub it holds a Trust Score of 3.0 out of 10, which we rate as Poor — below the industry average of 3.3/10. High-risk profile — proceed only with caution and small amounts.

We could not verify any regulatory licence for Discovery FX. Trading with an unregulated broker is high-risk — your funds are not protected by any authority, and there is no official body to turn to if withdrawals are blocked or the broker disappears. We strongly recommend a regulated alternative from the list on this page.

Discovery FX provides access to Spot Rolling FX, Precious Metals. Published conditions include a minimum deposit of $200 and leverage up to 1:1. No complaints are currently on record. Overall, Discovery FX carries a high-risk profile. Only consider it with money you can afford to lose, and verify everything independently first.

Trust score breakdown

How is this calculated?
Regulation tier & jurisdiction0.0 / 10
Transparency public disclosure0.0 / 10
Footprint track record0.0 / 10
Reviews no reviews yet0.0 / 10
Complaint record no complaints on record0.0 / 10

Trust Score history

Discovery FX currently scores 3.0/10. The trend line will build here as the Trust Score is re-evaluated over time.

Pros

  • No unresolved complaints on record
  • Listed in our verified broker directory

Cons

  • No verified regulatory licence on record
  • Always verify the licence directly before depositing

Regulation

0 licences

No regulatory licence on record for Discovery FX. Treat with caution and verify before depositing.

Trading conditions

Self-reported
InstrumentsSpot Rolling FX, Precious Metals
Minimum deposit$200
Maximum leverage1:1
Typical spreadNot disclosed
PlatformsMT5, MT4
Demo accountNot disclosed

We mark unverified fields as “Not disclosed” rather than estimate them.

Our verdict on Discovery FX

Editorial · updated 02 Jul 2026
Our analysis · editorial 3.0/10

High-risk profile

Discovery FX does not hold a verified regulatory licence on record. Based in Samoa, it has been operating for about 8 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 3.0/10 — a high-risk profile.

Strengths
  • Operating for 8 years
  • No complaints on record with us
  • Supports MT5 & MT4 trading
  • Accessible minimum deposit ($200)
Watch-outs
  • No verified regulatory licence on record — funds may lack protection
Bottom line: High risk — we would avoid depositing significant funds until its regulation improves.

This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.

User reviews

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Discovery FX — Questions & Answers

0 questions

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Complaints & alerts

0 on record
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag Discovery FX here if that changes.

Full specifications

Regulated region
Samoa
License status
Not Regulated
Licences held
Suspicious Regulatory License, Exchange License
Instruments
Spot Rolling FX, Precious Metals
Year founded
2018

Frequently asked

Is Discovery FX a safe broker?
Discovery FX scores 3.0 / 10 on our Trust Score, below the 3.3 industry average. It has no verified tier-1 licence, raising risk. It has no complaints on record. Trade only with funds you can afford to lose.
How is the Discovery FX trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top. Read our methodology.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from Discovery FX?
Discovery FX publishes some trading terms, but always confirm withdrawal fees directly. Test with a small amount first and document every transaction.