FIXIO Review Overview
FIXIO (operated by PREX MARKETS LIMITED) launched in 2022 as FiXi FX and was renamed on April 3, 2024, citing pronunciation difficulty and trademark similarity with a UK competitor. Its main office is in Shanghai and it describes itself as an A-book (STP) broker. It belongs to the AdvanTrade multi-brand group of TOPICAL WEALTH MANAGEMENT LTD, founded in 2017.
| Specification | Detail |
|---|---|
| Operating Company | PREX MARKETS LIMITED |
| Former Name | FiXi FX |
| Main Office | Shanghai, China |
| Platforms | MT5, cTrader, AdvanTrade |
Licenses and Entities
FIXIO cites four registrations across different entities: Bahamas Securities Commission (Prex Markets Limited, SIA-F255), Seychelles FSA (Topical Wealth International Ltd, ST077), US FinCEN (MSB 31000232220410), and Canada FINTRAC (MSB M21689983). The FinCEN and FINTRAC entries are money-services registrations for anti-money-laundering purposes, not authorizations to run a trading business. Client funds are stated to be segregated.
Accounts and Conditions
FIXIO offers STP and ECN Standard accounts ($5 minimum, spreads from 0.8 pips or 0 pips with a $6 per lot commission) and STP and ECN Premier accounts ($20,000 minimum, $3.50 commission). Leverage is up to 1:400 on forex, 1:100 on metals, energy, commodities, and indices, and 1:2 on shares, bonds, and crypto. Zero-cut, copy trading, and a demo account are available, with margin call at 100% and stop-out at 20%.
| Specification | Detail |
|---|---|
| Standard Minimum Deposit | $5 |
| Premier Minimum Deposit | $20,000 |
| Forex Leverage | 1:400 |
| Max Trade Size | 100 lots |
Deposits and Withdrawals
FIXIO accepts credit and debit cards, bank transfer, Bitcoin, Ethereum, and USDT. Its instruments include crypto CFDs (1:2 leverage) and US, UK, and European shares, but not Japanese shares.
Pros and Cons
| Pros | Cons |
|---|---|
| Very low $5 minimum deposit | Rebrand of FiXi FX with a multi-entity, multi-brand structure |
| MT5, cTrader, and copy trading | MSB registrations are not trading licenses |
| Crypto and share CFDs with crypto funding | Shanghai main office; entity serving a client may vary |
Is FIXIO a Broker Worth Considering?
FIXIO’s low entry cost and platform choice are appealing, but the rebranding, group structure, and layered licenses mean readers should confirm exactly which entity and license apply to their account before depositing.
FAQ
- Is FIXIO the same as FiXi FX?
- Yes, FiXi FX was renamed FIXIO on April 3, 2024.
- Is FIXIO regulated?
- It cites Seychelles FSA and Bahamas SCB licenses across separate entities, plus FinCEN and FINTRAC money-services registrations.
- What is the minimum deposit?
- $5 on Standard accounts.
- Does FIXIO offer copy trading?
- Yes.
