Review summary
FORWEX, operating under the name Positive Markets Ltd, is a forex broker registered in Saint Lucia with an operational history of 2 to 5 years. The broker offers three account types – Prime, Start, and Zero – with minimum deposits ranging from $0 to $5,000 and maximum leverage up to 1:2000, 1:1000, and 1:500 respectively. Spreads are fixed, starting from 0.1 pips on the Prime account, and the platform supports scalping, hedging, and Expert Advisors. However, FORWEX holds no valid authoritative forex trading licenses, and according to WikiFX data, the broker's overall score is a low 1.33, reflecting an absence of regulatory oversight. The lack of a credible financial regulator means there is no external supervision of client fund security or operational practices. In summary, while FORWEX provides flexible trading conditions and a range of account options, its unregulated status and low WikiFX score highlight significant concerns regarding the safety of client funds. 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: 2026-07-14)
Lasith8013
Argentina
I started using this trading platform as a complete beginner, and I was surprised at how easy it was to get started. The interface is clean, and the demo account helped me practice without risking real money. I eventually moved to a live account, and the transition was smooth. I also appreciate that there are no hidden fees when withdrawing. Overall, it's a great experience so far.
Positive
MichaelOliver
Argentina
As someone new to trading, I appreciate how user-friendly and fast this platform is. Low swap fees are a big help too. But man, that registration process was rough. Felt like I was filling out a loan application. Glad I stuck with it, though—it's a good fit so far.
Positive
ThomasJones
Canada
If I were asked whether I would recommend this platform, I would rather say yes than no. But with reservations. The execution is excellent, swaps are low, the system is stable. That's exactly what I was looking for. But it still lacks a bit of advanced functionality. I would like more flexibility: customizable charts, advanced reports, alerts. All of this is either limited or completely absent. But as a pure trading tool, it works well. It's especially nice that they don't charge extra. I trade calmly, without the constant feeling that I've been "eaten by a couple of points". Respect for that. I see potential - I hope they continue to develop it.
Neutral
FX3214404096
Italy
The first thing I noticed is that the platform runs buttery smooth—no lags, no freezes, no errors. It’s one of those places where you can just focus on trading instead of fighting with the software. I also appreciate that they don’t spam you with useless promotions or upsells. Some brokers feel more like sales companies than trading platforms, but not this one. If I could change one thing, it would be the lack of advanced charting tools. Give me more of them, and I’m happy.
Positive
FX1108125345
United States
I’m just a casual trader trying to make some side income, and honestly, this platform feels tailored for me. The high leverage lets me amplify my modest investments, and the system is incredibly stable—even during market spikes. Nevertheless, I wasn’t a fan of the site interface. It’s not terrible, but it feels outdated compared to some competitors. A sleeker, more modern design would go a long way. Still, I can’t complain too much, considering how well it performs where it really matters. The platform is solid; no freezing or significant issues for me so far. I appreciate the high liquidity – I’ve never had trouble getting in or out of trades. It’s a platform that’s helping me grow, both financially and as a trader.
Positive