EuropeFX Review – Is EuropeFX a scam or legit broker?

Scams Report > Scam Brokers List 2022 > Fraud Brokers Reports 2022 > EuropeFX Review – Is EuropeFX a scam or legit broker?

EuropeFX Review

Please read this EuropeFX review before investing. Your investments/funds may not be secured if you are trading with this broker.

Website – europefx.com

Official Address – 3rd floor, Interlink Hermes Plaza, 46, AyiouAthanasiou Ave., AgiosAthanasios 4102, Limassol, Cyprus

Warned by regulating authority – Cyprus Securities and Exchange Commission (Cyprus)

EuropeFX Review

Maxiflex Ltd. is the owner and operator of the domain name EuropeFX. Pedro Eduardo Sasso is the director of EuropeFX. Maxiflex Ltd is registered by CySEC under registration no HE327484 and license no 258/14. Europe FX complies with MiFID II for European operations. Europe FX offers protection under CySEC rules but has operated known scams in Australia with its partners. To know more about the EuropeFX scam read our complete review.

The company is located on the 3rd floor, Interlink Hermes Plaza, 46, AyiouAthanasiou Ave., AgiosAthanasios 4102, Limassol, Cyprus. Their phone no is +357 24 022 444, and their email ID is support@europefx.com. It is operating since 2013.

EuropeFX Review: Regulation

Though the company is located in Cyprus, it encompasses many other jurisdictions like Germany, Denmark, Finland, Austria, Norway, Switzerland, Sweden, and the Netherlands. It also has an office in Germany.

At present, it does not accepts clients from the UK, USA, Iran, New Zealand, Crimea, Syria, North Korea, Sudan, and Cuba.

Apart from CySEC, it is regulated by FCA of Britain, BaFin of Germany, ASIC of Australia, CNMV of Spain, CONSOB of Italy, FSA of Denmark, FSA of Sweden, REGAFI of France, FSA of Finland, and AFM of Netherland. 

EuropeFX Review: Account Types

You can join EuropeFX with a minimum amount of 200 Euros. But for trading, you need any of the following accounts. Bronze (minimum deposit 1,000 Euros), Silver (minimum deposit 2,500 Euros), Gold (minimum deposit 10,000 Euros), Platinum (minimum deposit 25,000 Euros), and Premium (minimum deposit 50,000 Euros).

EuropeFX Review: Deposits and Withdrawal

Deposit and withdrawals are through bank transfer, Visa card, Master card, Skrill, Sofort, Euteller, GiroPay, iDeal, Przelewy24, Safetypay, Mybank, Trustpay, and Worldpay.

EuropeFX Review: Trading Platform

EuropeFX offers MetaTrader4, Euro Trader 2.0, and its web-based trading platform. It offers its mobile trading app known as eFXGO and social trading platform ZuluTrade.

EuropeFX Review: Trading Instrument

EuropeFX offers underlying assets for trading. 50+ Currency Pairs (major and minor world currencies), 20 Crypto Pairs (Bitcoin, Cardano, Bitcoin Cash, Ethereum, Litecoin, etc.), 14 Indices CFDs (different blue-chip stocks), 5 Metal CFDs (Gold, Silver, Aluminum, Nickel, and Palladium), 3 Energy CFDs (Crude Oil, and Natural Gas), 7 Soft CFDs (Coffee, Cocoa, Cotton, Corn, Wheat, and Sugar), 100+ Stock CFDs (shares of European companies, USA, and UK), and 20+ ETF CFDs (of various tradable assets).

Why not deal with the EuropeFX scam?

  • Though it was regulated, ASIC has warned the public not to deal with EuropeFX.
  • FCA banned EuropeFX from offering financial services in the UK.
  • Very high minimum deposit (bronze account 1,000 Euros)
  • The website is not working.
  • Paid positive reviews on the internet. No sooner than a negative review is posted the company covers it up with paid positive reviews.
  • The company offers maximum leverage of 1:200 (which is high) and an average spread of 1.4 pips.
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If you have been scammed by EuropeFX

If you have been scammed by EuropeFX and would like to get your money back visit our website Scams Report. You will get a legal refund with the help of the Scams Report team. Report the scam to us immediately. We help build a solid case for you against unknown scammers. Being in this field for a long, we know how scammers operate. We are transparent in our operation and work most ethically. We have the needed tools and techniques to combat cyber-crime.

Read reviews of other scam brokers on our website. Prevention is better than cure. 

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