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Forex Broker Rating

CentFX

CentFX

Information about the broker CentFX

Rating: 1.5
Jurisdiction: Anguilla
Regulators: FSC
Foundation date: 2022
Site: https://centfx.com

Brief information CentFX

The international company CentFX presents itself as an international Forex and CFD broker founded in 2022. The company is registered with the Anguilla Registry of Commercial Activities under number A000000971. 

The website also mentions Cent Markets Ltd, which holds a Mauritius FSC Investment Dealer license numbered GB23201644. The applicable company is selected during account registration.

The company manages several domains:

  • centfx.com — the broker’s main website;

  • member.centfx.com — registration and access to the client portal.

Support is available through live chat and support@centfx.com. Its office is located at No. 9 Cassius Webster Building, Grace Complex, PO Box 1330, The Valley, AI-2640, Anguilla.

CentFX

CentFX Limited trading terms

The global broker Cent FX provides MetaTrader 5, a web terminal and its own mobile applications for Android and iOS. The available instruments include:

  • currency pairs;

  • cryptocurrency CFDs;

  • metals;

  • stock indices;

  • futures;

  • energy products;

  • shares.

The broker advertises more than 400 instruments. High-frequency trading, latency arbitrage, other arbitrage strategies and Expert Advisors are prohibited. Scalping is permitted only when a position remains open for at least 180 seconds.

Trading accounts at CentFX

 The broker CentFX Limited offers three account types:

  • Standard — minimum deposit of $500, spreads from 2.0 pips, no commission, leverage up to 1:1000 and trades from 0.01 lots;

  • ECN — minimum deposit of $3000, spreads from 0.0 pips, leverage up to 1:500 and trades from 0.1 lots. A commission applies, but its amount is not stated;

  • Swap Free — minimum deposit of $10000, spreads from 2.5 pips, no commission, leverage up to 1:500 and trades from 1 lot. Overnight swaps are not charged.

All three accounts use market execution and have a margin call level of 100%. A demo account can be created through the web-terminal.

CentFX

Registration and personal account on centfx.com

The registration form requires an email address, name, password, country and phone number. Authorization is completed with the registered email and password.

Verification requires proof of identity and proof of address. The documents are uploaded through the Profile/Compliance section. CentFX permits one client profile per completed KYC procedure.

Deposits and withdrawals with CentFX Limited

The broker supports on the terminal:

  • bank transfers;

  • debit and credit cards;

  • electronic payment systems;

  • local payment services.

Available methods depend on the client’s country. Card and electronic deposits are generally instant, while local bank transfers may take around 15 minutes. Withdrawals can take up to three business days.

Most deposits are commission-free, although some payment services charge 1%. Withdrawal costs may reach 2.5% plus applicable network fees. Exact transaction limits are not published.

Conclusion about CentFX

Despite the platform’s claimed earning potential, users should still verify the company and review feedback about CentFX on independent websites, as this active Forex/CFD broker carries elevated risk due to weak regulation—a factor that cannot be ignored.

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I waited for months without receiving a single response от CentFX. Thankfully, Clotter Waves stepped in and helped me recover from this terrible situation.

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