Updated on March 13, 2024
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In our rigorous review process, a team of seasoned financial specialists, boasting more than 20 years of experience in Forex trading, carries out an exhaustive evaluation of various trading services. Our team delves deep into the investigation of fees, assesses the trading platforms, and verifies adherence to regulatory standards. We also interact directly with customer support and conduct actual trades to gain a real-world understanding of the trading conditions. This comprehensive approach enables us to provide informed insights and advice on why we recommend avoiding 100XFX due to the issues we've identified.
Is 100XFX Scam or Legit Broker? ▲
Upon comprehensive examination, it becomes apparent that 100XFX does not present a secure or trustworthy brokerage service. Our investigative efforts have revealed that although the entity purports to be operating out of the UK, there exists no formal authorization or registration validating this claim. This discrepancy raises significant concerns regarding the legitimacy of its operations, leading us to classify 100XFX as a broker of considerable suspicion, likely conducting its business from an undisclosed location.
100XFX emerges under the ownership of 100XFX Ltd., ostensibly positioning itself within the UK domain, as suggested by the contact telephone number made available. However, a glaring absence of licensing or regulation by the UK's Financial Conduct Authority (FCA) or any other European regulatory body casts a shadow over its credibility. Instead, the brokerage finds its legal domicile offshore, specifically in St. Vincent and the Grenadines. Engaging with a broker holding a St. Vincent and the Grenadines license bears considerable risk due to the minimal financial threshold required for licensure, a stark contrast to the more stringent, costly, and secure licensing processes observed in jurisdictions like the UK.
Pros and Cons
Pros:
None identified due to the lack of secure and regulated brokerage services.
Cons:
Absence of regulation by reputable authorities.
Misleading claims of UKbased operations.
Risk associated with the offshore licensing jurisdiction.
Lack of transparency regarding operational practices.
Our thorough evaluation compels us to strongly counsel against initiating trading accounts with 100XFX. In the realm of Forex trading, the paramountcy of engaging with brokers overseen by esteemed global authorities cannot be overstated. Such entities are bound by a rigorous regulatory framework, ensuring adherence to high operational standards and safeguarding trader interests through proven reputations over time.
Recent investigations into the operational status of 100XFX have unveiled that its website is currently inactive. In the Forex trading landscape, the assurance of monetary security is of utmost importance. Given this critical consideration, we strongly urge traders and potential clients to steer clear of any engagements or offers from 100XFX. Vigilance is advised in the face of any future propositions from this entity, as the safeguarding of investments remains a primary concern.
When considering alternatives, brokers like Interactive Brokers, City Index, and AvaTrade stand out. They not only offer the security of stringent regulation but also bring to the table comprehensive trading solutions that can meet the needs of both novice and seasoned traders.
100XFX Review 2024

Triton capital market is total fraud. Do not invest a single money in their company. I nearly lost a huge amount of my life hard earned money to Capital markets trade they’re a 100% scamming operation! I almost lost $86,690.00 to them in just over a month and it wasn’t from bad trades. My trades were actually showing a profit of just under $10,500.00 USD within a week. They quickly ask for more money to withdraw, but then I realized it was all scam. So I didn’t hesitate to file a refund case against them through the help of the recovery expert Mr Raymond Willard and his email is (raymondwillard08@gmail.com) the reason why I’m sharing this post here is because, I’m so grateful he helped me get my life back. If you are a victim of this online scam he can help you get your money back like he did for me.
Truth is bitter but the problem is a lot of people out there in the world chose not to accept the truth and not to tell themselves the truth. Note Note and Note that any Reliable Recovery company are profit oriented because they charge their clients which needs recovery services or help in order to raise funds used in maintaining and upgrading their software, tools, and for the management of the recovery company’s affairs. I was a crypto scammed victim and i was scammed over $4 9,400 of my trading capital and when my withdrawal was due so tried withdrawing my profits but the scammers kept demanding more more more and more money so i suspected that it was a scam then which pushed me to be searching for a recovery company service which I found a lady that added a review on a particular anti crypto scam site on the internet called Scam Doc… so the lady explained how she was scammed and how she got her scammed crypto funds back with the help of Charles Victim Help,
and she also add that she was charged before her scammed crypto funds was recovered and she also dropped the recovery personnel email id which I contacted immediately then and in few hours I got feedback from Mr Charles requesting I should accurately provide all the details of how I was scammed, the name of the crypto trading company that scammed me and how much I was scammed and the evidence of payment slips I made to those scammers and all that, so I provided Mr Charles with every informations he needed accurately then Mr Charles made trace with those informations i sent to him and in 24 hours Mr Charles replied me with the trace results details which showed that my funds is still possible and available for recovery that I shouldn’t wasted time at the moment that they will only need to upgrade my account from a basic account type to this TPM account type so that I can be able to make my withdrawals to my bank account or to my crypto wallet and Mr Charles told me that before they will do that, that I will have to pay a TPM upgrade charge fee of $835 , I was glad that the fee was lesser so i paid Mr Charles the TPM upgrade charge fee in that same day then in 48 hours my $49,400 was transferred to my Crypto wallet and I was so so surprised and in joyful condition to have my scammed funds back. Then I told my self I will not keep this testimony to my self that I have to share the Goodwill of Mr Charles to crypto scammed victims out there who need help to recover their scammed crypto funds back. If your a crypto scammed victim or your unable to withdraw your profits or even your trading capital or you sent your crypto funds to the wrong wallet, Charles victim help is the 100% option to recover your scammed crypto funds or to withdraw your profits or your trading capital or to recover your crypto funds sent to the wrong crypto wallet address and you can contact Charles Victim Help via his email id : charlesvictimhelp@outlook.com
Hello my name is Sandra from Ohio, US I was once lured into a cryptocurrency investment platform that I came across on Instagram. I lost about $208,000USD to these evil scammers after I invested and accumulated profits, I was denied withdrawals on the specified date. I wrote to the customer support but I was given no feedback, I knew I had been scammed and I started to search for a way to recover my crypto.. I considered myself fortunate that I stumbled upon a post on the internet web about a Recovery Expert Mr Lucas Jones. I would highly recommend Mr Lucas Jones to anyone who wants to recover their lost funds from any scammers. They are the best in the business and they will do anything possible to help you get your money back. I never thought it would be possible to get back my bitcoin once it is sent but I'm super happy and grateful for the services of LUCAS JONES, If you ever find yourself in the bewildering world of crypto troubles, do not hesitate to reach out to this digital hero. Trust me, he is the one you need by your side! you can reach him through his email address:lucasjones1604@gmail.com
It actually hurts and bring tears to my eyes when I read comments of scammed victims ripped off by BINARY OPTIONS AND FAKE BROKERS. I know actually how it feels and hurts to lose money you have worked half of your life to invest with the thought of getting return when you are retired. I was a victim of such and I was scammed by a binary option platform I lost about $135,000 to them. It was really a hard time for me because that was all I have .. I was referred to Mr Lucas Jones who’s an expert in making recovery of lost funds then I gave him a try and he successfully helped me in recovering all that I’ve lost From the platform, i was in shocked because I couldn’t believe this was possible because I lost all hope in contacting anyone on the internet,So I’m taking a step forward to render solution to those affected and help them get back every penny they lost. I recommend Lucas Jones to anyone who want to make recovery of his/ her lost funds, he is an experienced Certified Binary Options Recovery Expert with a spare master key, it takes 5 working days to recover my invested capital including my bonus, kindly contact Lucas Jones through his email address: lucasjones1604@gmail.com and he will guide you on steps to take and claim your money back from your investment broker.