Felix Markets Forex broker specializes in providing foreign exchange trading services, the company's official website https://my.felixmarkets.com/user-auth/register, the company's legitimate regulatory information ComorosMISARetail Forex License, to enhance the security of the company's address Level 32/101 Miller St, North Sydney NSW 2061, Australia.
Felix Markets Forex Broker
Basic information
Australia
1-2 years Regulated in Comoros Retail Forex License MT5 Full License Global Business Medium potential risk Offshore RegulatedCompany profile
Felix Markets Information
Felix Markets is a newly founded forex broker which is registered in Australia. The tradable instruments with a maximum leverage of 1:400 include forex, commodities, shares, cryptocurrencies, metals, and indices. The broker also provides three accounts: standard, pro, and ECN. The minimum spread is from 0.01 pips and the minimum deposit is $100. Felix Markets is still risky due to its offshore regulated status.
Pros and Cons
| Pros | Cons |
| Offshore Regulated | Island account available |
| MT5 available | Unspecific fee information |
| Leverage up to 1:400 | |
| Spread from 0.01 pips | |
| Various tradable instruments | |
| Demo account available | |
| 24/7 live support |
Is Felix Markets Legit?
Felix Markets is only authorized and offshore regulated by the Mwali International Services Authority(MISA) with license No.BFX2024068, even though it claims to be regulated by NFA and ASIC.
What Can I Trade on Felix Markets?
Felix Markets offers over 1,000 tradable instruments, including forex, commodities, shares, cryptocurrencies, metals, and indices.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Shares | ✔ |
| Cryptocurrencies | ✔ |
| Metals | ✔ |
| Indices | ✔ |
| Stocks | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Account Type
Felix Markets has three account types: standard, pro, and ECN. Traders who want low spreads can choose Pro and ECN accounts, while those with a small budget can open a standard account. In addition, the demo account is predominantly used for familiarizing traders with the trading platform and for educational purposes only.
| Account Type | Standard | Pro | ECN |
| Minimum Deposit | $100 | $10000 | $5000 |
| Spreads | From 1.9 pips | From 0.5 pips | From 0.5 pips |
| Leverage | Up to 1:400 | Up to 1:400 | Up to 1:400 |
| Swap | Yes | Yes | No |
Felix Markets Fees
The spread is from 0.01 pips. The lower the spread, the faster the liquidity.
Leverage
The maximum leverage is 1:400 meaning that profits and losses are magnified 400 times.
Trading Platform
Felix Markets cooperates with the authoritative MT5 trading platform available on PC(Windows), Mac, and mobile(iOS and Android) to trade. Traders with rich experience are more suitable for using MT5. MT5 not only provides various trading strategies but also implements EA systems.
| Trading Platform | Supported | Available Devices |
| MT5 | ✔ | PC(Windows)/Mac/Mobile(iOS/Android) |
Deposit and Withdrawal
The minimum deposit is $100. However, transfer processing times and associated fees are unknown.