Review summary
ByteFX, operating as ByteFX Capital Ltd., is a new entity in the retail trading space, having been active for less than a year. According to WikiFX data, it is registered in Saint Lucia, an offshore jurisdiction. The broker operates without any recognized forex trading licenses, which constitutes a significant absence of credible financial oversight. WikiFX assessment indicates a score of 1.57, reflecting a high level of associated risk for potential clients. A Standard account is offered with a minimum deposit requirement of $100 and maximum leverage up to 1:2000. The broker provides access to the MetaTrader 5 platform, supporting automated trading (Expert Advisors) and Islamic swap-free accounts, with an average execution speed recorded at 160.33 ms. Given its unregulated status and offshore location, conducting thorough independent due diligence is strongly advised before considering any engagement with this entity. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-03)
