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eFX markets Forex Broker provides real users with 1 positive reviews, * neutral reviews and 3 exposure review!

eFX markets Broker Review

1.53

WikiFX monitor

Business

Influence C

License

No license

eFX markets Review 4

Latest All(4) Positive(1) Exposure(3)
Positive

I met some problems with my withdrawal last week, and Christos helped me resolved it quickly. I feel it is a reliable platform. Yes, five stars⭐⭐⭐⭐⭐

FX1282366453
2023-02-24
Exposure
Unable to withdraw

I deposited but they blocked me on WhatsApp. No one replied. I lost about $500.

FX8733260042
2021-08-18
Exposure
Issue with withdraw

when ever we ask for withdraw they keep telling need to finish lot size and all. I never seen such things in any other brokers. [d83d][de21]

FX3673267670
2021-02-18
Exposure
Slippage

Fraud brokers doing after keeping SL and TP and also Gold never reached 1874 they are telling I have opened a buy how can I open a buy at 1874 when market didn't reach till that point. [d83d][de14]

FX3673267670
2021-02-17

  

eFX Markets 2025 Review: Everything You Need to Know

  

Executive Summary

  eFX Markets is a new forex broker. It aims to serve individual investors and traders who want opportunities in the foreign exchange market. This eFX Markets review shows a broker with mixed positioning in the market, offering high leverage ratios up to 1:400 and keeping a relatively easy minimum deposit requirement of 200 USD. This makes it potentially good for traders at different experience levels.

  The broker works under the regulation of the Financial Services Regulatory Authority. It has its headquarters in Saint Lucia, with additional offices reported in Rodney Bay and Dubai. eFX Markets uses an STP business model, which theoretically gives direct market access for trade execution. However, our analysis shows significant information gaps about essential trading conditions, platform offerings, and client support services.

  The company's target customers are mainly individual investors and retail traders looking to make returns through forex trading. While the broker offers competitive leverage and keeps reasonable entry barriers, the lack of complete information about trading tools, educational resources, and customer service infrastructure raises questions about the overall trading experience and support quality that clients can expect.

  

Important Notice

  eFX Markets operates in different regions. It may be subject to varying regulatory policies depending on the jurisdiction. According to available information, the broker is regulated by the Financial Services Regulatory Authority, but investors should verify the specific regulations applicable in their region before engaging with the broker's services.

  This review is based on publicly available company information and market feedback. It is intended to provide complete reference material for potential users. The information presented reflects the current state of available data, and some aspects of the broker's services may require further clarification directly from the company due to limited publicly available details.

  

Rating Framework

Criteria Score Rating
Account Conditions 7/10 Good
Tools and Resources 5/10 Average
Customer Service and Support 4/10 Below Average
Trading Experience 6/10 Average
Trust and Reliability 6/10 Average
User Experience 5/10 Average

  

Broker Overview

  eFX Markets was established in 2024 as an online forex broker. It positions itself in the competitive retail trading market. The company keeps its headquarters in Saint Lucia and operates additional offices in Rodney Bay and Dubai, suggesting an international presence despite its recent establishment. The broker has adopted an STP business model, which typically provides traders with direct market access and potentially more transparent pricing structures.

  The company's business approach focuses primarily on forex trading services. However, specific details about the range of available currency pairs and trading instruments remain limited in publicly available information. As a relatively new entrant in the forex brokerage space, eFX Markets appears to target retail investors and individual traders seeking access to foreign exchange markets with competitive leverage options.

  The broker operates under the regulatory oversight of the Financial Services Regulatory Authority. This provides a basic level of regulatory compliance. However, this eFX Markets review notes that detailed information about the company's regulatory status, including specific license numbers and compliance measures, requires further verification. The broker's recent establishment in 2024 means that long-term track record and performance data are not yet available for complete evaluation.

  

Detailed Information

  Regulatory Framework: eFX Markets operates under the supervision of the Financial Services Regulatory Authority. This provides basic regulatory oversight for its operations. However, specific license details and compliance measures are not detailed in available information.

  Deposit and Withdrawal Methods: The available information does not specify the payment methods accepted by eFX Markets for deposits and withdrawals. This represents a significant information gap for potential clients evaluating the broker's accessibility.

  Minimum Deposit Requirements: The broker keeps a minimum deposit requirement of 200 USD. This positions it as accessible to new and smaller-scale traders who may not have substantial initial capital for trading activities.

  Promotional Offers: Current promotional activities, bonus structures, or special offers are not detailed in the available information. This makes it difficult to assess any additional value propositions for new clients.

  Trading Instruments: eFX Markets primarily offers forex trading opportunities. However, the specific range of currency pairs, exotic currencies, and other potential trading instruments are not completely detailed in available sources.

  Cost Structure: Detailed information about spreads, commission structures, overnight fees, and other trading costs is not available in the current information set. This limits the ability to assess the broker's competitiveness in terms of trading expenses.

  Leverage Options: The broker offers leverage up to 1:400. This represents a relatively high leverage ratio that may appeal to traders seeking increased market exposure, though this also increases potential risk exposure.

  Platform Selection: Specific information about trading platforms, whether proprietary or third-party solutions like MetaTrader, is not detailed in available sources. This represents another significant information gap.

  Geographic Restrictions: Information about regional limitations or restricted territories is not specified in available materials.

  Customer Support Languages: The range of languages supported by customer service is not detailed in current information sources.

  This eFX Markets review highlights that while basic operational parameters are available, many crucial details that traders typically require for decision-making are not completely covered in publicly available information.

  

Detailed Rating Analysis

  

Account Conditions Analysis (7/10)

  eFX Markets receives a good rating for account conditions primarily due to its accessible minimum deposit requirement and competitive leverage offering. The 200 USD minimum deposit threshold positions the broker favorably for new traders and those with limited initial capital. This represents a reasonable entry point compared to many established brokers in the market.

  The broker's leverage offering of up to 1:400 provides significant flexibility for traders seeking enhanced market exposure. However, this high leverage ratio also carries corresponding risk implications that traders must carefully consider. Available information does not detail different account types, tier structures, or varying conditions based on deposit levels, which limits the complete evaluation of account offerings.

  Specific information about the account opening process, required documentation, verification procedures, and timeframes for account activation is not available in current sources. Additionally, details about special account features such as Islamic accounts, professional trader accounts, or VIP services are not mentioned in available materials.

  The lack of detailed information about account-specific benefits, trading condition variations, or tier-based privileges represents a limitation in fully assessing the broker's account structure. This eFX Markets review notes that while the basic conditions appear reasonable, the absence of complete account information may require potential clients to contact the broker directly for detailed specifications.

  

Tools and Resources Analysis (5/10)

  eFX Markets receives an average rating for tools and resources due to significant information gaps regarding the trading tools and analytical resources provided to clients. The available information does not specify the range of trading tools, charting capabilities, technical analysis features, or market research resources that traders can access through the broker's platform.

  Educational resources, which are crucial for trader development and success, are not detailed in available information. This includes the absence of information about webinars, tutorials, trading guides, market analysis, or educational content that many brokers provide to support their clients' trading knowledge and skills development.

  The availability of automated trading support, including Expert Advisors, algorithmic trading capabilities, or copy trading services, is not mentioned in current sources. These features have become increasingly important for modern forex trading, and their absence from available information suggests either limited offerings or insufficient communication about available features.

  Research and analysis resources, such as daily market commentary, economic calendars, fundamental analysis, or third-party research partnerships, are not detailed in available materials. These resources are typically essential for informed trading decisions and represent a significant gap in the broker's public information presentation.

  The lack of complete information about trading tools and resources makes it difficult for potential clients to assess whether eFX Markets provides the necessary support infrastructure for effective trading activities.

  

Customer Service and Support Analysis (4/10)

  eFX Markets receives a below-average rating for customer service and support due to the lack of detailed information about client support infrastructure and service quality. Available sources do not specify the customer service channels available, such as live chat, phone support, email assistance, or ticket-based support systems.

  Response time expectations, service availability hours, and support quality metrics are not detailed in current information sources. This represents a significant concern for potential clients who require reliable and timely assistance for trading-related issues, account problems, or technical difficulties.

  Multi-language support capabilities, which are important for international brokers serving diverse client bases, are not specified in available information. Given the broker's international presence with offices in multiple locations, the absence of language support details represents a notable information gap.

  The availability of dedicated account managers, educational support, or specialized assistance for different trader categories is not mentioned in current sources. Additionally, information about problem resolution procedures, escalation processes, or client satisfaction measures is not available for evaluation.

  Without specific examples of customer service quality, user feedback about support experiences, or detailed information about service infrastructure, it is difficult to assess the broker's commitment to client support and satisfaction.

  

Trading Experience Analysis (6/10)

  eFX Markets receives an average rating for trading experience, primarily limited by the lack of detailed information about platform performance, execution quality, and overall trading environment. While the broker operates on an STP model, which theoretically provides direct market access and transparent execution, specific performance metrics and execution quality data are not available in current sources.

  Platform stability, execution speed, and order processing capabilities are not detailed in available information. This makes it difficult to assess the technical quality of the trading environment. The absence of information about trading platform options, whether proprietary or third-party solutions, limits the evaluation of user interface quality and functionality.

  Mobile trading capabilities and cross-device synchronization features are not specified in current sources. This is increasingly important for modern traders who require flexibility in accessing their accounts and managing positions across different devices and locations.

  Information about spread stability, slippage rates, requote frequency, and other execution quality metrics that directly impact trading profitability is not available in current materials. These factors are crucial for evaluating the actual trading conditions that clients can expect.

  This eFX Markets review notes that while the STP business model suggests potential for quality execution, the absence of specific performance data and user experience information limits the complete assessment of the actual trading experience provided.

  

Trust and Reliability Analysis (6/10)

  eFX Markets receives an average rating for trust and reliability, primarily based on its regulatory status with the Financial Services Regulatory Authority. However, several factors limit a higher assessment. The FSRA regulation provides basic regulatory oversight, but detailed information about specific license numbers, compliance measures, and regulatory standing is not completely available.

  Fund security measures, including client fund segregation, deposit protection schemes, or insurance coverage, are not detailed in available information. These security features are crucial for client confidence and represent important trust indicators that potential clients typically evaluate when selecting a broker.

  Company transparency regarding ownership structure, management team, financial statements, or corporate governance practices is not detailed in current sources. For a broker established in 2024, the absence of complete corporate information may raise questions about transparency and accountability.

  Industry reputation and third-party evaluations are limited due to the broker's recent establishment. There is insufficient time for developing a substantial track record or accumulating complete industry recognition. Additionally, information about any negative events, regulatory actions, or compliance issues is not available for evaluation.

  The broker's recent establishment means that long-term reliability data and crisis management track record are not yet available for assessment. This naturally limits the ability to provide higher trust ratings until more operational history is established.

  

User Experience Analysis (5/10)

  eFX Markets receives an average rating for user experience due to limited available information about client satisfaction, interface design, and overall user journey quality. Specific user feedback, testimonials, or satisfaction surveys are not detailed in available sources. This makes it difficult to assess actual client experiences with the broker's services.

  Interface design quality, platform usability, and navigation efficiency are not described in current information sources. These factors significantly impact daily trading activities and overall client satisfaction, but cannot be adequately evaluated without detailed platform information or user feedback.

  The registration and account verification process details are not specified in available materials. This includes timeframes, required documentation, or potential complications that new clients might encounter during onboarding. This information is crucial for setting appropriate expectations for potential clients.

  Fund operation experiences, including deposit and withdrawal processing times, payment method efficiency, and potential issues with financial transactions, are not detailed in current sources. These operational aspects significantly impact user satisfaction and require clarification for complete evaluation.

  Common user complaints, frequently asked questions, or typical service issues are not documented in available information. This limits understanding of potential challenges that clients might face. The absence of user feedback and experience data represents a significant limitation in assessing overall user satisfaction with eFX Markets' services.

  

Conclusion

  eFX Markets presents itself as a new entrant in the forex brokerage market with some attractive basic features. These include competitive leverage up to 1:400 and an accessible minimum deposit requirement of 200 USD. However, this complete evaluation reveals significant information gaps that limit the ability to provide a full assessment of the broker's capabilities and service quality.

  The broker appears most suitable for traders who prioritize high leverage options and low entry barriers. It particularly suits those who are comfortable with newer market entrants and can accept limited publicly available information about service details. However, traders who require complete platform features, extensive educational resources, or detailed service transparency may find the current information insufficient for making an informed decision.

  The main advantages include reasonable minimum deposit requirements and competitive leverage offerings. The primary concerns center around the lack of detailed information about trading platforms, customer support infrastructure, and complete service offerings. Potential clients should consider conducting direct communication with the broker to obtain detailed information about specific services and conditions before making trading decisions.

eFX markets review