EuropeFX review: Pros, Cons, and Traders Ratings.

2.769 • 18 REVIEWS
Out of business MAXIFLEX LTD Union Standard Group
Updated: Feb 26, 2024

What is EuropeFX?

EuropeFX is owned and operated by Maxiflex Ltd, used to run Forex brokerage services.

EuropeFX has voluntarily renounce its CIF license, in another word, EuropeFX no longer provides/carries out investment services/activities and/or enters into any business transaction with any person nor does it accept any new clients.

EuropeFX has closed its business. EuropeFX no longer provides/carries out investment services/activities and/or enters into any business transaction with any person nor does it accept any new clients.

2019-12-23:  ASIC has announced that it made an interim asset restrain order against Maxi EFX Global AU Pty Ltd (trading as EuropeFX) and BrightAU Capital Pty Ltd (trading as TradeFred), both of which are Corporate Authorised Representatives of Union Standard International Group Pty Ltd (trading as USGFX) (AFSL 302792).  CLICK HERE for more details. 
EuropeFX.com is part of MAXIFLEX LTD group.

Other websites related to EuropeFX include europefx.com.au (Maxi EFX Global AU Pty Ltd)

Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 30:1
Minimum to Open Live: $200
Established: 2013
Address: 46 Ayiou Athanasiou Ave. Third Floor, Office 301a, 4102 Ayios Athanasios, Limassol, 4102, Cyprus
Contact: support@europefx.com, +357 24 022 444
Regional offices:
Regulators: CySEC #258/14
Prohibited countries:
Trading platforms: MT4, eFXGO, EuroTrader, TradeWorks
Web Trading: ✅ Yes
Mobile Trading: ✅ Yes

Trading Instruments

Currencies: (50+)
Cryptocurrencies: (5+) Bitcoin, Litecoin, Ethereum
CFD: (125+) Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Oil, Other Commodities

Trading Conditions

EAs/Robots: ✅ Yes
Scalping: ✅ Yes

Managed Accounts & Social Trading

Deposit Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Acapture, eMerchantPay, SafeCharge, Skrill, SOFORT
Withdrawal Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Acapture, eMerchantPay, SafeCharge, Skrill, SOFORT
* Please check broker website for more information
2.769 • 18 REVIEWS

Recent User Reviews of EuropeFX

G
Graham Hunneman
London, United Kingdom,
May 22, 2020,
Registered user

A month to regret.

Service use: Live Length of use: 0-3 Months
I recently posted a review and since then have been in communication with EuropeFX to amicably resolve my concerns. I was contacted by Mr E Lem who mediated for us in a professional way to very quickly resolve my concerns and supported a valued EuropeFX customer.

Trust is very important with any investment and following this I have the confidence to start trading again, however the experience has taught me a great deal and I would like to share my knowledge and advice.

Trading CFD is risky and if you go into this with a get rich quick strategy you will burn your hard-earned money and quickly. Statistic show between 65% and 80% of CFD day traders blow out within 50 days of trading, so here are my recommendations before you start.

Firstly, find a good broker and EuropeFX is as good a platform as any and you will be assigned an account manager and ALWAYS remember it’s your money and any advice is playing with your money and if you’re unsure, not confident and feel you don’t have the knowledge DO NOT TRADE the market, it will reopen another day.
Remember whatever broker you chose they must make money as they invest thousand in training, research and knowledge so use all these education tools.
They also take a commission on every trade and SWAP which are not so clearly stated so ask for the cost as different trades incur different levels of SWAP and some over night cost are indeed high so make sure you calculate these.
Understand the key terms, Balance, Equity, Margin, Margin level and never over expose yourself.
Be cautious and always ensure your trading strategy has a balance portfolio and what I mean by this is for example, the NASDAQ, S&P 500 and DOW JONES mirror themselves and go up and down like the sun and moon nearly always together, so if one falls they all fall and for the benefit of being on these 3 positions you will be charged commission and swap on all 3, so it makes no sense.
Understand leverage and the impact as if say the DJ falls 3% you would lose X20 as this is your leverage.

Always use take profit and stop loss as they limit your exposure and risk to a level you can afford to lose but understand this and understand the calculations well.

Don’t jump in; build your knowledge and confidence before you start and if your unsure even as an experienced trader walk away and live to profit another day.

Even if you ensure you research and manage your account manager you cant calculate for the US president over night tweets (when were all tucked up in bed) and if he comments negatively on China for example, it will adversely affect the market and the effect can be catastrophic on Indices market, so be aware and trade safety for a long term growth strategy.

May 4, 2020 - 1 Star I lost £122,072 with EuropeFX and this would have been more unless my partner intervened and stopped me losing my life saving and inheritance.
My loss was a result of poor and unprofessional advice I received from my advisors Michael Pann and a boom and bust trading strategy using my money. This was accepted by EuropeFX and I was upgraded to VIP trading and assigned a senior advisor Tom Benita. I explained that I didn’t fully understand leverage, Swaps or their commission structure and he promised education and to review their internal training programme for new customers, which was unacceptable.

I was so looking forward to starting trading and promised education and hassle-free trading using their Meta trader 4 platform. I started on 17/06/2019 with a very cautious investment £200 and persuaded this was insufficient if we wanted to” make a lot of money” we needed extra investment and by the end of the day £22,500 was invested. A further £100,000 was pressured from me as my “margin levels” which I barely understood kept dropping. My advisor Mr Pann even suggested I take my computer with me when playing golf during a call on 1st August!

My account manager used remote screen sharing and my mobile phone as a means of communicating and showed me with an X on the screen what trades to open and close.
They suggested the amount I should buy and sell and when to take profit and loss and calculating the value of the trade was very difficult to calculate. They were guiding and influence every decision. It wasn’t until 11th September and by that time I had lost £122,023 that I was offered a simple margin calculator tool but had lost all confidence and too scared to risk further losses to trade with this unprofessional company.
There trading strategy was misguided and overexposed my positions and resulted in my financial loss and all the time Maxiflex their Cyprian holding company was making money on swap and commission which is illegal and called churning.
I formally compliant and they released all the telephone calls and internally reviewed these in their quality control department and found nothing wrong with their advice BUT offered me as a gesture of good will £10,000.
On further analysis of my recordings they accepted their advisor’s “made statements that reassured me there was no risk” and increase my compensation offer to £20,000 and was an acceptance that their unprofessional methods had resulted in my loss.

Behind the slick tonged rhetoric was lies, dishonesty and negligent advice and don’t trust these guys or you may well lose all your money and quickly.
3 traders have found this review helpful
B
BellaIralia
Naples, Italy,
Feb 23, 2020,
Registered user

Chose EuropeFX after 4 years

Service use: Live Length of use: 3-6 Months
I’ve been trading for over 4 years, I’ve lost a lot but I also made a lot of profits, I explored the web for many, many brokers, checked each one for every stat. And today I can say, after so much time and work, EuropeFX is for sure one of the best brokers out there.
Firstly, it’s regulated, so you know it’s like a bank, it’s all legal, and my money is safe, all that I know for sure. Secondly the fees a great, the customer service is one of the quickest I’ve seen so far, and they’re pretty helpful too, and the interface is awesome, really easy to use and really user, and I believe, beginner friendly.
As a man who has some experience with trading and other brokers, I guarantee it’s one of the best if not the best, and if you’re a professional or a beginner, EuropeFX is the broker you’re looking for.
1 trader has found this review helpful
P
Petam
Sydney, Australia,
Feb 7, 2020,
Registered user

Setup

Service use: Live Length of use: 6-12 Months
Pressured to invest, many many many phone calls with Australian caller id, attractive website sponsoring local reputable rugby league club, registered with Aus regulatory body, acc mgr did dummy run of depositing and withdrawing money successfully, initial investment in commdities on US market positive, pressured to put in more money to get better rates and service, original acc mgr on holidays suddenly, new female acc mgr called, I said I would wait on his return, another acc mgr attempt, I became frustrated with them, all of a sudden my original acc mgr has returned from holidays, then he offers great opportunity, Ive been able to get you special vip access to top broker in firm, accept, vip broker asks for more money, better commission, introduced to forex, few successfull trades, encouraged increase trade values, things going bad, ask questions to learn more, vague or deflected answers, defensive and aggressive when I questioned ethics, made me feel stupid, waits a few days, get a call about a trade, trade goes other way, try to contact broker and admin by phone, email and text, no response, Im in a blind panic, I wait and wait, losing money rapidly, I feel out of control, freeze and do nothing, over next couple of weeks I try to trade out of it, asking for advice, getting nothing, commission and swaps increase, I lose AUD75k. You tell me what you think?
2 traders have found this review helpful
J
Jarrod
Brisbane, Australia,
Dec 3, 2019,
Guest

No problems here

Service use: Live Length of use: 0-3 Months
I think they definitely do pressure you into making trades and putting more money into your account (can you blame them, it's how they make money)! but in saying this I'm the one responsible for doing so, I lost a lot of money (my own fault) then decided to have a break to re-group so I withdrawal everything that was left and had the money in 3 days leaving my account at $0, no worries! their support is quite helpful and for a complete novice like myself I've learned a lot. although my first experience trading didn't end the best way I cannot criticise the company, they've been nothing but courteous and professional. I'll be back.
B
BIsabella
Amsterdam, Netherlands,
Nov 3, 2019,
Registered user

A good potential partner

Service use: Live Length of use: 6-12 Months
In light of all I read about brokers, here and in many other places, I was very skeptical and apprehensive to invest in the beginning, generally, and specifically with EuropeFX. But I came to realize that there will always be a frustrated customers that will complain, in many cases just because they didn’t understand what they were doing and how to use the services offered to them.
Although EuropeFX contacted me almost immediately after my initial investment, which I made online and alone, i was still not 100% convinced that they are the place to be putting my money. Then i spoke with Sara who did everything possible to calm me down and make me feel at ease. I was not in a very good place financially before i started with them but she gave me some tools and helped me build a strategy to aid my financial situation over the next couple of months. Of course, I understand now that trading is not magic and you need time and knowledge if you wish to do things right. Sure, you can get lucky, if this is considered a strategy for you.
I took a chance with EuropeFX and Sara, but it proved well. Until now i am very happy with the results, and they are calling me periodically to updates on the progress of my investment and that makes me feel even more comfortable. I am also getting online materials that I try to follow and get directions from. I will certainly continue to listen to Sara as she always pointed me at the right directions, highlighting to me what things worth my attention.
I Would recommend to anyone who is looking to improve their overall financials to check this option and can recommend EuropeFX as a good partner. But please, this is not an easy thing and you should respect what you do with your money. Do it right, listen to them, and you have a good chance to make progress and even enjoy.
V
vmanolis
Cyprus, Cyprus,
Oct 31, 2019,
Registered user

Good line continues

Service use: Live Length of use: 3-6 Months
Here I am almost two months after, still with EuropeFX, still happy.
I made some more deposits, but more important I also made some withdrawals, and all were handled like magic with no delays and no games.
They didn't bother me with annoying push calls like other brokers used to, but when I needed support, I got it fast.
For me, this is an entirely new experience and I am so happy about it.

Sep 11, 2019 - 4 Stars I tried trading a few years ago, got confused and left it all behind, but I recently came across EuropeFX and had the urge to try again.
Registration was very easy and the approval process was very welcoming and fast. The trading experience is far better than anything I have seen so far. It's very responsive and terms are really fair.
They provide a lot of support channels and great service. Without bothering me too much, they make me feel I am not alone and will always get the help I need.
This all new experience is very interesting for me, although I still trade carefully to gain some more knowledge.
Hope to update with good news soon.
M
marianoco
Monza, Italy,
Oct 1, 2019,
Registered user

Best I saw until today

Service use: Live Length of use: 3-6 Months
Trading is not for the faint of heart and for sure not for those who believe in ferry tales of becoming rich just because they invested something in complex trading tools. If you really want to become rich, you better plan for a bumpy ride ahead and put your time and mind to it.
Having said that, I do find EuropeFX the best I encountered so far. They offer a very simple and easy to use environment. All their services are available across all platforms and are understandable. Costs are fair and the whole trading experience feels just welcoming, especially with their support team. And most important, it's a highly regulated environment which is government monitored, so it's all as secured as a bank. My transactions were always handled promptly and I never had doubts about my trading account reliability.
All together, if you want to trade responsibly, EuropeFX is the place for you, at least to my opinion. Sure, you will sometimes lose and sometimes win, but looking for the long run, I will want with me someone who can professionally support me, help me learn from my mistakes and train me to become a better trader.
J
jameswright4
London SW1, United Kingdom,
Aug 7, 2019,
Registered user

Open honest communication and negotiation lead to problem solved

Service use: Live Length of use: over 1 Year
In precis I had a relatively short trading experience with Europe FX lasting for six months from April -September 2018.

My earlier posts will testify to the troubles and trauma experienced at that time. Suffice to say it has taken ten months to come to a satisfactory arrangement but this would not have been achieved without the intervention of Mr Erez Lem of Europe FX.

Mr Lem is the senior officer in charge for internal dispute resolution on behalf of any client who feels they have a grievance and he will investigate and analyse each clients historical trading processes to determine and hopefully bring about a solution.

I would strongly recommend that if anyone else has an issue with Europe FX which needs resolving then they firstly use the internal dispute resolution division of the company (support@europefx.com) , which investigates client claims and in many cases lengthy delays as in my own case could be prevented and both parties could be relatively quickly satisfied and an agreement reached.

Losing capital in this risky Forex industry is never an easy scenario to adjust to , and therefore many clients act emotionally and want to first share their experiences on line and defame companies good earned reputation.To those that consider to act that way I would advise firstly to try and hold their feelings and fistly give a chance to the company which is regulated and committed to impartial internal investigation .

As with many large organisations such as Europe FX they are only as good as the personnel employed and in this case and through my own direct experience I was able to substantiate to Mr Lem, who attentively acted as the honest representative of Europe FX. This has seen proactive changes brought about in their operating procedures which hopefully will ensure that going forward cases such as mine do not occur in the future . For Mr Lem and his calm handling of my case I am now able to award Europe FX five stars

Jul 23, 2019 - No Rating After considerable negotiation I have now resolved my position with Europe FX as posted on 24 March 2019. The matter should not have taken as long as it did to resolve our differences but the saying "better late than never "certainly does apply here.
Indeed I would have removed my earlier post but there seems nowhere on this platform of Forex Peace Army to do so, and despite emailing and sending a hard copy letter to the FPA's registered office in USA I have received no response or reply which is disappointing . We live and learn and I will certainly not do any more on line trading in my own life time and that is a certainty .

FPA Review Moderation Team Note:  James,

We've checked and can find NO emails from your address.  A letter arrived significantly after you left this review.  Bill was about to email a response when your new review came in on August 7th.  Since you've now left yet another followup, he'll wait for you to initiate any new contact with the FPA.


If you had clicked the Contact Us link on the bottom of any page in the FPA's forums or reviews, you would have only been 2 or 3 mouseclicks away from finding this...

https://www.forexpeacearmy.com/community/threads/how-can-negative-reviews-and-forums-posts-at-the-forex-peace-army-be-removed.42569/

As explained there, reviews cannot be removed except under the most extreme circumstances.  Instead, all you had to do at any time is what you have done now.  Just submit a new review explaining how the situation has changed.  As you can see, your old review has been nested beneath the new one.  You already updated your review several times, so we are very surprised you didn't figure this out sooner.

If you had still had any questions, that FAQ page contains a contact form.  You would have received an email reply within a few business days.


Mar 24, 2019 - 1 Star EuropeFX Scammed me and caused me to lose almost £1 million Pounds Sterling.
Now after 4 months of delays and deception,they send me an offer of £ 310,000
and expect me to accept?

They will lie to you, rob you , and then expect you to accept an apology and 30%
of your money back….

I will not rest until all or most of my money is returned.

Before you decide to invest with EUROPEFX ask yourself this question Why would they offer £1 ,far less £310,000 in compensation if they were not guilty/or at fault ?

See their latest offer below,

DEED OF WAIVER AND RELEASE
This Deed is made on the 20th of March 2019 between Mr. James Wright of 102 Eaton Terrace London
GB (‘Client’); and EuropeFX operated by MAXIFLEX LTD (the “Company”; together hereinafter the
“Parties”)
RECITALS:
(A) A dispute arose between the parties, which revolves around the service given to the Client (the
“Dispute”)
(B) MAXIFLEX LTD is registered as a Cyprus Investment Firm (CIF) with the registration number
HE327484 and which is regulated by the Cyprus Securities and Exchange Commission with
licence number 258/14.
(C) The Client is the owner of a trading account # 10565475 with the Company (the “Account”).
(D) The Parties agreed by mutual consent to resolve the dispute, on condition that the Company shall
credit the Client’s Account with a sum of GBP 310,000 (Three Hundred and Ten Thousand
British Pounds).
(E) The Parties wish to swiftly finalise the Dispute without prejudice to either party.

Mar 22, 2019 - No Rating Late last year I lost 1 Million GBP with EuropeFX in under a month through fraudulent brokers with silver tongues who enticed me to invest such a large sum. I have subsequently found out that I was their biggest client at that time and no sooner was the money invested the entire trading patterns and personnel changed to quickly empty my account.
Before agreeing to invest this sum in Sept 2018 they offered me VIP trades and services from their most senior brokers and also alluded to inform me that I could double this sum by Christmas by them directly advising me on each trade with inside knowledge.
However their intent was the opposite and the goal became evident when large trades placed culminated in my losing all my money, bar £58k sterling. !
I then immediately contacted EuropeFX and Maxiflex demanding they give me my money back for on investigation I found out, after seeking legal counsel, that Europe FX had contravened all regulation instructions and requirements per the terms of their trading licence.,
My lawyers are now involved and I have lodged an official complaint to CySec .the regulatory body in Cyprus who are the body that issued Maxiflex, the parent company of Europe FX .This complaints has been submitted.
All of my claims and examples of malpractice and foul play are well documented and recorded, and have also been submitted to the CySec.
Subsequently a former employee of EuropeFX, who was one of my account managers up until I deposited into Maxiflex’s bank account circa £850k to make the trading balance up to £1.3m resigned from EuropeFX in disgust at seeing these practices. As soon as the large sums were deposited that contact was informed not to talk further to me and instead I was handed over to two more senior brokers, as alleged who then promptly set about to defraud me. That ex employee has been in touch explaining how their Ponzie scam works and apologizing for the deliberate and total losses EuropeFX led me to sustain.
The purpose of this post is to WARN and ADVISE anyone contemplating opening an account with EUROPEFX/MAXIFLEX to think twice.
The trading platform by which they operate is not a LIVE exchange so any loses you may sustain end up directly into Maxiflex’s bank account .This feature is not made known to clients and only ion investigation was this uncovered . Therefore any losses a client makes is thus Maxiflex’s gain unlike buying stocks and shares directly traded over a live exchange.

Dec 29, 2018 - 1 Star Over the past 6 months I invested more than 1Million GBP with EuropeFX,

Most of my money was lost, within a month of my joining their VIP club. Membership of this club required an investment of £1m

This all happened due to direct, and very BAD trading advice from their staff and account managers, David King,Tom Benita, Gabriel Keha , and a trader named Strahinja all from their Cyprus office.

Once I had made the largest part of my investment with them, and became a “VIP” I was instructed to buy and sell at losses,or low returns . All this time , they were making huge commissions and service SWAP charges accruing to £330,000 in this period with 90% of this figure being made in the last month , All with extremely high leverages that I did not even understand at the time.

Their account managers used remote screen sharing and Skype Messaging as a means of communicating with me and to show me directly what trades to open and close promising recovery trades and “special opportunities” that never came to be.

Within exactly a month of joining the VIP club ,my balance went from 1.3 million sterling to 52k !!

I have so far received only part of the recordings of these calls, after a month
of making constant demands to EuropeFX to release them to me.
From the recordings I have received, I have several transcripts of this mode of operation by the EuropeFX Staff.

Addendum and For your Attention:
Since this has happened, I have been receiving numerous calls and emails from companies and people soliciting and harassing me who obviously received my details through EuropeFX or possibly members of their staff.

Has anyone here had a similar experience with EuropeFX ?

If so what are your Suggestions please ?

Reply by EuropeFx submitted Jun 5, 2019

Dear James,



We are sorry to hear your experience with EuropeFX is not meeting your expectations.

In EuropeFX , we pride ourselves of the high level of service and commitment to your investment and to you.

We invite you to contact our dedicated Clients Relation team and request the opening of an internal audit regarding your claims.

Rest assured that as a regulated platform we take your allegations very seriously.

It is though important to remind the readers of this post that all trades are being placed by the trader himself, and sometime the outcome of the trades are not meeting the expectations by not reaching the originally "expected outcome".

EuropeFX is providing accurate feeds and rates and is at no point guaranteeing profit, as our Risk disclaimer prior depositing are clearly stating, therefore was the client to have lost some funds in trades, it doesn't reflect on the impeccable service EuropeFx is providing.

The life of a trader is composed of wins and losses, while the wins are of course the ultimate hoped for outcome. Although only the losses are being mentioned, the client also experiences some non-negligible winning trades, and it is important to state this fact as well.

Again, we will be happy to investigate this case and address your concerns.

Please contact our support through the available channels; Chat, email or simply through a phone call and we will continue providing you with our professional services.



Regards,



EuropeFX
G
Gordon Allenby
London, United Kingdom,
Jul 22, 2019,
Registered user

Update.... Resolved

Service use: Live Length of use: over 1 Year
EuropeFX have invested quite some time working on a solution to our previous issue. They have offered training, guidance and a fresh practice account to regain confidence, and eventually work with me to build a healthy live account.
I feel they have acted responsibly in working to a resolve, hence this review and rating.

Apr 18, 2019 - 1 Star I Started with a balance of £ 200 as I was a complete novice in trading, I found interesting small currency trading and I was trying to learn as much as I could and wanted to take it slowly. Soon after I'd deposited my first cash sum, my account was handed over to a senior account manager.
I was encouraged to screen share so they could ultimately show me much larger golden opportunities that do not lose! They barraged me with hard sales tactics to entice me into depositing further funds. "Invest in NASDAQ, it just climbs, you can not lose !! It seemed good to be true but these other accounts I was looking hopeful.
The manager proceeded to inform me of the opportunities available with much bigger balances.
conversations continued on a daily basis with my account manager, telling me how much I could earn and I would earn better interest than leaving it to bank account.
Against my instincts, I was convinced to invest £ 17k, then I was told to top it up if my margin fell below 100%, I eventually "invested" £ 20k, my life's savings.
Every time I contacted my account manager, I kept being transferred over to a 'VIP manager' (simply retention managers aiming for further funds) who consistently pressured me to invest more
I was Transferred over to an 'Education analyst' (Staff with a sole purpose of making trade clients, regardless of how the market is suited que at present time)
Misinformed Regarding opportunities and again pressured into investing further funds
Screen share tactics used to draw on screen and encourage you to open positions rather than telling you about the phone all conversations are being recorded.
Lack of support eleven funds have been deposited
Broker clearly uses very high commissions & swaps to ensure they only attract novices who will not understand these charges.
Futures Contracts Expire rather than roll over like all STP / ECN brokers. (I learned this 3 days before the expiration date, which cost me 6k)
Use of MaxiFlex as a liquidity provider rather than corporate banks, CLEAR conflict of interest.
Very reluctant to allow withdrawals and will come up with every excuse under the sun to prevent you from withdrawing. If EuropeFX is a genuine broker they would simply be making money from commissions and would not be interested in blocking withdrawals.
Obviously, most of the brokers are licensed under Cysec and lack any other entity as a regulator ASIC & FCA, etc ...
Boiler room tactics

I lost my life's savings and any chance of saving for my family's future.

I will not rest until my money is returned and EuropeFX are under investigation !!

Reply by EuropeFx submitted May 27, 2019 Dear Gordon,



We are sorry to hear your experience with EuropeFX is not meeting your expectations.

In EuropeFX , we pride ourselves of the high level of service and commitment to your investment and to you.

We have been informed which our dedicated Client Relations team were already in contact with you and they are doing their best to review your dissatisfaction with us,

Therefore we would kindly appreciate your patient.



Regards,



EuropeFX
D
Dron
london, United Kingdom,
Jun 25, 2019,
Registered user

Withdrawal fee: £40

Service use: Live Length of use: 0-3 Months
Please edit my review left on Jun 19, 2019. Update My Review

So in short i missed withdrawal 0 fee.

I would like to remove bad review to EuropeFX.com made by me on Jun 19, 2019. I made a false information about their withdrawal fee. I did not realised about that VISA or Mastercard is free for withdrawal.

RegARDS

Jun 19, 2019 - 1 Star just called me and start to pressure to open account with them without checking the real situation on T&C. I just switched my phone down and check their T&C. Just be careful with them. do not even try them if you do not want to pay high withdrawal fee. Form their T&C "12.9. Withdrawal fee: The Client will be charged with a withdrawal fee of 40 (EUR/USD/GBP) depending on the trading account’s currency, per withdrawal. "

Frequently Asked Questions

Is EuropeFX a con?

Unbiased traders reviews on ForexPeaceArmy is the best way to answer if EuropeFX is a con or a good broker. https://www.forexpeacearmy.com/forex-reviews/14849/europefx-forex-brokers

Please come back often as broker services are very dynamic and can improve or deteriorate rapidly.

Additionally, we'd recommend to check recent EuropeFX community discussions: https://www.forexpeacearmy.com/community/tags/europefx/

Is EuropeFX a legitimate company?

EuropeFX is owned and operated by MAXIFLEX LTD (previously Maxiflex Global Investments Corp. Limited).

MAXIFLEX LTD (previously Maxiflex Global Investments Corp. Limited), is registered as a Cyprus Investment Firm (CIF) with the registration number HE327484 and licensed by the Cyprus Securities and Exchange Commission (CySEC) under license number 258/14.

Most importantly read the unbiased traders reviews on ForexPeaceArmy, the best resource to get a good view on how EuropeFX treats their clients. https://www.forexpeacearmy.com/forex-reviews/14849/europefx-forex-brokers

What is the minimum for EuropeFX?

Trading in EuropeFX is available from minimum deposits of €200.

But there is also a recommended minimum deposit based on the account types.
  • Bronze account: €1,000
  • Silver account: €2,500
  • Gold account: €10,000
  • Platinum account: €25,000
  • Premium account: €50,000