No Regulation

Score

0 1 2 3 4 5 6 7 8 9

/10

PHYX

South Africa | 1-2 years |

Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://www.phyxfxltd.com/

Website

Open Account Time Machine

Rating Index

Contact

https://www.phyxfxltd.com/

6 Kikuyu Road, Sunninghill, Gatun Province, Johannesburg, South Africa

Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!

2026-03-30

This broker lacks valid forex regulation. Please be aware of the risk!

Basic Information

Registered Region

South Africa

Operating Period

1-2 years

Company Name

PHYX Global Limited

Customer Service Email Address

support@phyxfxltd.cc

Company Website

https://www.phyxfxltd.com/

Company Address

6 Kikuyu Road, Sunninghill, Gatun Province, Johannesburg, South Africa

Account

Website

Company Summary

Wiki Q&A

Comment

Account

Environment
--
Currency
--
Maximum Leverage
1:1000
SupportedEA
Minimum Deposit
5$
Minimum Spread
as low as 0.6
Depositing Method
--
Withdrawal Method
--
Minimum Position
0.01
Commission
--
Products
--

Products

Updated： 2026-03-30

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Details

Official Website

Website

phyxfxltd.com
104.21.48.1
Server Location
United States
ICP registration
--
Most visited countries/areas
--
Domain Effective Date
--
Website
--
Company
--

Review summary

PHYX Global Limited is a relatively new brokerage firm, operating for 1-2 years and registered in South Africa. The broker presents accessible trading terms, with a minimum deposit as low as $5 and offering leverage up to 1:1000 across most of its account types, including Standard, Micro, and PHYX Ultra Low accounts. However, it is an unregulated entity with no valid authoritative forex trading licenses and is flagged with a severe risk warning due to its complete lack of investor protection and financial oversight. This is reflected in its overall WikiFX score of 1.15. Consequently, engaging with this entity requires a high degree of due diligence from prospective traders. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-03-20)

Keywords

1-2 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Wiki Q&A

Is it risky to trade with PHYX?

Yes, trading with PHYX presents a high-risk profile. PHYX Global Limited, operating for 1-2 years from South Africa, holds no valid regulatory licenses from any major financial authority, which is reflected in its very low overall WikiFX score of 1.15. This complete lack of oversight means client funds are not protected by compensation schemes, and the firm operates outside the supervisory framework that defines reputable brokerages. Traders should be aware that this represents a significant absence of standard investor safeguards.

03-20

United States

Is PHYX suitable for forex trading beginners?

Trading forex and CFDs involves a high degree of complexity and market risk. Whether you choose PHYX or another trading platform, we strongly recommend that beginners thoroughly study forex basics before investing real funds. It is also highly advisable to practice with a demo account first to familiarize yourself with the platform's operations and market volatility.

03-20

United States

What essential information should I know before trading with PHYX?

Before opening a live account, it is recommended to comprehensively understand the platform's regulatory status, deposit and withdrawal policies, spread costs, and overnight fees (swaps). Additionally, you can consult WikiFX to review the broker's latest score and user feedback to help you make a more informed investment decision.

03-20

United States

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