FiXi FX Review Overview
FiXi FX (founded 2017) is operated by Topical Wealth International Ltd (TWI), a subsidiary of Prex Markets Limited, with offices in Seychelles and the Bahamas. TWI also operates a sister broker, AdvanTrade, which focuses on MT5 and a proprietary platform, while FiXi FX focuses on cTrader. As flagged above, FiXi FX’s regulatory claims span four separate legal entities, only one of which (TWI’s Seychelles FSA license, ST077) represents genuine trading-focused oversight.
| Specification | Detail |
|---|---|
| Founded | 2017 |
| Genuine Regulation | Seychelles FSA (ST077, held by Topical Wealth International Ltd) |
| AML-Only Registrations | US FinCEN + Canada FINTRAC (separate related entities) |
| Pending License | Bahamas SCB — application status, not yet approved |
A Platform Discrepancy Worth Noting
FiXi FX’s own materials list both MT5 and cTrader as available platforms, but separately clarify that MT5 is “not yet ready” and cannot actually be used for trading — cTrader is the only platform genuinely available. Readers interested in FiXi FX specifically for MT5 access should confirm current availability directly.
Account Types
FiXi FX offers four account types, all with 1:400 leverage, NDD execution, zero-cut protection, and unlimited copy trading: ECN ($5 minimum, spreads from 0 pips, $6-per-lot commission), STP ($5 minimum, spreads from 0.8 pips, no commission), ECN Premier ($2,000 minimum, spreads from 0 pips, $3.5-per-lot commission), and STP Premier ($2,000 minimum, spreads from 0.5 pips, no commission). FiXi FX claims under 1% requotes, under 1% slippage, and 0.014-second average execution.
Leverage by Instrument
FiXi FX’s 1:400 headline leverage applies only to forex pairs. Metals, energy, and commodities are capped at 1:100, while shares and cryptocurrency are capped at just 1:2 — a significant leverage drop for those two categories worth factoring in before trading them.
Cryptocurrency Trading
FiXi FX lists 11 tradable cryptocurrency pairs — Bitcoin, Ethereum, Litecoin, Ripple, Cardano, Bitcoin Cash, Dogecoin, Polkadot, EOS, Chainlink, and Stellar Lumens — though at only 1:2 leverage.
Dormant Account Fees
FiXi FX’s own materials describe a dormant account policy: an account with no trading activity for six months, or a $0 balance, becomes “dormant” and incurs a $20 monthly maintenance fee. After 12 months in dormant status, the account is frozen entirely.
Promotions
FiXi FX’s own materials describe a past $30 signup bonus and a 20% deposit bonus, both subject to withdrawal conditions requiring a minimum trading volume before bonus-related profits can be withdrawn.
Deposit and Withdrawal Methods
FiXi FX accepts credit card, debit card, an e-wallet-style payment service, bank transfer, and cryptocurrency (Bitcoin, Ethereum, Tether) for deposits and withdrawals.
Pros and Cons
| Pros | Cons |
|---|---|
| Genuine Seychelles FSA license held by the actual operating entity | Bahamas SCB license still pending, not yet approved |
| Cryptocurrency CFD trading across 11 coins | MT5 listed but not actually available for trading |
| Low $5 minimum deposit on ECN and STP accounts | $20/month fee applies to accounts inactive for 6+ months |
Is FiXi FX a Broker Worth Considering?
FiXi FX’s Seychelles FSA license offers a genuine, if modest, layer of oversight, but its broader regulatory picture is fragmented across four entities, two of which are AML-only registrations and one of which remains pending approval. Combined with the MT5 availability discrepancy and its dormant-account fee policy, readers should verify current terms directly before depositing.
FAQ
- Is FiXi FX regulated?
- FiXi FX’s operating entity holds a genuine Seychelles FSA license (ST077). Separate related entities also hold US FinCEN and Canada FINTRAC AML registrations, and a Bahamas SCB license remains pending.
- Does FiXi FX support MT5?
- MT5 is listed but, per FiXi FX’s own materials, is “not yet ready” for actual trading — cTrader is the platform genuinely available.
- Does FiXi FX offer cryptocurrency trading?
- Yes, 11 coins including Bitcoin, Ethereum, and Litecoin, at up to 1:2 leverage.
- What happens to an inactive FiXi FX account?
- After 6 months of no trading activity (or a $0 balance), the account becomes dormant and incurs a $20 monthly fee; after 12 months dormant, it is frozen.
