BY — United Kingdom
Foraxi Markets Limited
Licence
foraxi Review — Overview
Regulation
Tier-1 regulated
Licence
BY • FCA
Licence status
Active
Max. leverage
1:100
Instruments
Forex, CFD, and Crypto
Typical spread
From 0.5 pips on all majors
Operating
Est. 2017
Entity
Foraxi Markets Limited
Website
Unknown
foraxi is a forex & CFD broker based in Cyprus, established in 2017. On Trust Broker Hub it holds a Trust Score of 5.7 out of 10, which we rate as Fair — above the industry average of 3.3/10. Mixed profile — check regulation and conditions before depositing.
Crucially, foraxi is regulated by BY and FCA, including at least one tier-1 regulator. Tier-1 regulation is the strongest sign of legitimacy: it normally requires segregated client funds, regular audits and access to a compensation scheme if the broker fails — meaningful protection for your money.
foraxi provides access to Forex, CFD, and Crypto. Published conditions include leverage up to 1:100. No complaints are currently on record. Overall, foraxi has a mixed profile: check its regulation and conditions carefully before depositing.
Trust score breakdown
How is this calculated?Trust Score history
foraxi currently scores 5.7/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- Regulated by a tier-1 authority
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- Always verify the licence directly before depositing
Regulation
Tier 3 · Offshore
Verified
FCA — United Kingdom
Foraxi Markets Limited
Licence
Tier 1 · Top
Verified
Offshore (tier-3) regulators typically have lower capital requirements and no compensation scheme. Funds may not be protected if the broker fails.
Trading conditions
| Instruments | Forex, CFD, and Crypto |
| Minimum deposit | Not disclosed |
| Maximum leverage | 1:100 |
| Typical spread | From 0.5 pips on all majors |
| Platforms | Not disclosed |
| Demo account | ❌ |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on foraxi
Our analysis · editorial
5.7/10
A mixed risk profile
foraxi holds a tier-1 regulatory licence among its 2 registrations (BY, FCA). Based in Cyprus, it has been operating for about 9 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 5.7/10 — a mixed profile.
Strengths
- Authorised by a tier-1 regulator (BY, FCA)
- Holds 2 regulatory licences across multiple jurisdictions
- Operating for 9 years
- No complaints on record with us
Watch-outs
- Always confirm the licensed entity covers traders in your country
Bottom line: Proceed with caution: start with a small deposit and test a withdrawal early.
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
5 0
4 0
3 0
2 0
1 0
foraxi — Questions & Answers
Log in to ask a question about foraxi.
No questions yet about foraxi. Be the first to ask — answers from the community and our team help every trader.
Complaints & alerts
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag foraxi here if that changes.
Full specifications
Regulated region
Cyprus
Operating period
2-5 years
Instruments
Forex, CFD, and Crypto
Year founded
2017
Frequently asked
Is foraxi a safe broker?
foraxi scores 5.7 / 10 on our Trust Score, above the 3.3 industry average. It holds tier-1 regulation, which offers strong investor protection. It has no complaints on record. Trade only with funds you can afford to lose.
How is the foraxi 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 foraxi?
foraxi publishes some trading terms, but always confirm withdrawal fees directly. Test with a small amount first and document every transaction.