Unverified

Score

0 1 2 3 4 5 6 7 8 9

/10

Fair Forex

United Kingdom | 2-5 years |

Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://fairforex.com/

Website

Time Machine

Rating Index

Contact

https://fairforex.com/

Govant Building, PO Box 1276, Port Vila, Vanuatu

Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!

2026-04-15

This broker lacks valid forex regulation. Please be aware of the risk!

Basic Information

Registered Region

United Kingdom

Operating Period

2-5 years

Company Name

Fair Forex Ltd

support@fairforex.com

Company Website

https://fairforex.com/

Address

Govant Building, PO Box 1276, Port Vila, Vanuatu

Account Info

Verified Site

About Us

Disclosure

News

Wiki Q&A

Comment

Account Info

Trading Env.
--
Currency
--
Maximum Leverage
1:100
SupportedEA
Minimum Deposit
$250,000
Minimum Spread
from 0.0 pips
Depositing Method
(7) BTC Bank transfer VISA MASTER
Withdrawal Method
(7) BTC Bank transfer VISA MASTER
Minimum Trade Size
1
Commission
$4
Trading Instruments
--

Trading Instruments

Last Updated： 2026-04-15

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Details

Official Website

Verified Site

fairforex.com
104.21.52.67
Server Location
--
ICP Registration No.
--
Top Visitor Locations
--
Creation Date
--
Website Name
--
Company
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Company Profile

Review summary

Note: Fair Forex's official website: https://fairforex.com/ is inaccessible normally.

Fair ForexReview Summary
Founded	2022
Registered Country/Region	United Kingdom
Regulation	VFSC
Market Instruments	Stocks, indices, forex, commodities, cryptocurrencies
Account Type	Raw Spread, Standard, Pro
Leverage	Up to 1:500
Spread	From 0.0 pips
Trading Platform	MT4, MT5
Min Deposit	$50
Payment Method	Bank Transfer, Visa, MasterCard, Zelle, BTC, Paypal and Cashapp.
Customer Support	Email: support@fairforex.com
Customer Support	Physical Address: Suite 305, Griffith Corporate Centre, Beachmont, Box 1510, Kingstown, St Vincent and the Grenadines.

Fair Forex Information

Fair Forex is a brokerage registered in the United Kingdom. The trading instruments it provides cover stocks, indices, forex, commodities, cryptocurrencies. It is regulated by VFSC. Its maximum leverage is 1:500. The min deposit is $50. It offers 8 types of payment methods.

Pros and Cons

Pros	Cons
Wide range of instruments	Suspicious clone
Low minimum deposit of $50	No demo trading account
Generous leverage up to 1:500	No Islamic trading account
Low spreads start from 0.0 pips
MT4 and MT5 supported

Is Fair Forex Legit?

Fair Forex is regulated by VFSC in Vanuatu. Its current status is Suspicious Clone.

Regulated Country	Regulated Authority	Regulated Entity	License Type	License Number	Current Status
Vanuatu	VFSC	Fair Forex(UK) Ltd	Retail Forex License	700478	Suspicious Clone

What Can I Trade on Fair Forex?

Fair Forex offers traders the opportunity to trade Stocks, indices, forex, commodities, cryptocurrencies.

Tradable Instruments	Supported
Stocks	✔
Indices	✔
Forex	✔
Commodities	✔
Cryptocurrencies	✔
Precious metals	❌
Energies	❌
Futures	❌
Options	❌

Account Type

Fair Forex provides 4 types of account types, which are Raw Spread, Standard, Pro and Enterprise.

Account Type	Raw Spread	Standard	Pro
Min Deposit	$50	$50	$10000
Maximum Leverage	1:500	1:500	1:500
Spread	From 0.0 pips	From 0.8 pips	From 0.0 pips
Commissions Per 1.0 Lot	$6	$0	$5
Max Lot Size	500	500	1000

Fair Forex Fees

Fair Forex'spreads that start from 0.0 pips. Raw Spread Account charges $6 commissions per 1.0 lot. Standard Account charges $0 commissions per 1.0 lot. Raw Spread Account charges $5 commissions per 1.0 lot.

Trading Platform

Fair Forex's trading platforms are MT4, MT5, which support traders on PC, Mac, iPhone and Android.

Trading Platform	Supported	Available Devices
MT4 Margin WebTrader	✔	Web, Mobile
MT5	✔	Web, Mobile

Deposit and Withdrawal

Fair Forex accepts deposits and withdrawals with Bank Transfer, Visa, MasterCard, Zelle, BTC, Paypal and Cashapp.

Method	Currency	Deposit Fees	Withdrawal Fees	Deposit Time	Withdrawl Time
Bank Transfer	USD	$0	$3	Same Day	Same Day
Visa	USD	$0	$0	Instant	2-5 days
MasterCard	USD	$0	$0	Instant	2-5 days
Zelle	USD	$0	$0	4 hours	Same Day
BTC	USD	$0	Vary	4 hours	Same Day
Paypal	USD	$0	$0	4 hours	Same Day
Cashapp	USD	$0	$0	4 hours	Same Day

Company Profile

2-5 years
Questionable Regulatory License
Suspicious Operational Region
High Potential Risk

Disclosure

Sanction

Notice of Revocation of the Financial Dealers License.

Country / Region

VU VFSC

Disclosure Date

2022-10-12

Broker Disclosures

News

News Caution: Clients Report Withdrawal Issues in Fair Forex

Forex remains a very popular form of investment, but it can be hard to spot the tricks online. Even legitimate forex trading platforms can be risky to traders.

2023-02-14 08:17

News WIKIFX REPORT: Which Currencies are Obsolete?

Currencies come and go. According to Bloomberg, over $10 billion in unredeemed outdated currencies circled in the EU after the euro was introduced.

2022-08-30 13:54

News WIKIFX REPORT: Top Reasons Why Forex Traders Fail and Lose Money

This article debates in favour of the notion that a trader is their own worst enemy, and that human error is at the root of most problems. In short, the main reason why Forex traders lose money is no rocket science. It's the traders themselves.

2022-08-30 12:29

News WIKIFX REPORT: The U.S. Dollar in the Market Today

The term "U.S. dollar" refers to a specific denomination and the U.S. currency in general. It was initially traded as a coin worth its weight in silver or gold. Today, the dollar is one of the strongest currencies in the world. It’s officially in use in the United States and has been adopted by other countries. Somewhere between ½ and ⅔ of the circulated U.S. currency is outside the U.S.

2022-08-30 12:20

News WIKIFX REPORT: Forex Wisdom to Remember

Wise Words for Forex Traders are meant to Make traders to have the the best journey in their trading. The forex market is the largest and most liquid trading reached $6.6 trillion a day in 2019. Getting involved with FX markets is easy, but that doesn’t mean starting will be simple.

2022-08-30 11:58

News WIKIFX REPORT: Essential Forex Trading Concepts You Should Know

You don't have to be a daily trader to take advantage of the forex market—every time you travel overseas and exchange your money into a foreign currency, you are participating in the foreign exchange, or forex, market. In fact, the forex market is the quiet giant of finance, dwarfing all other capital markets in its world.

2022-08-30 11:50

Wiki Q&A

Is Fair Forex safe and reliable?

Based on the WikiFX assessment, Fair Forex presents significant concerns regarding its safety and operational reliability. Its SkyEye Score is 1.47, which is exceptionally low and reflects a high-risk profile. The primary issue is its regulatory standing; the broker operates without credible, client-centric oversight from a major financial authority. While it purports to hold an 'Exempt Person (EP)' license in Vanuatu, this offshore registration is not recognized as robust protection for retail traders. The broker's scope of business is also flagged as 'Suspicious'. Therefore, it is crucial for prospective clients to exercise extreme caution and conduct thorough due diligence.

In a week

United States

Is Fair Forex regulated?

Fair Forex Ltd, registered in the United Kingdom, does not hold a recognized retail forex trading license from any top-tier regulatory authority such as the UK's FCA. According to WikiFX data, its regulatory status is listed as 'Unverified'. The entity claims an 'Exempt Person (EP)' authorization from the Vanuatu Financial Services Commission (VFSC). However, this is an offshore license that does not provide the stringent investor protections, fund segregation, or dispute resolution mechanisms expected from well-regulated brokers in jurisdictions like the UK, EU, or Australia.

In a week

United States

What is the minimum deposit of Fair Forex?

Fair Forex offers variable account types with differing minimum deposit requirements. According to its account specifications, the lowest entry point is $50, available for its Standard and Raw Spread accounts. The Pro account requires a minimum deposit of $10,000, while the Enterprise account has a significantly higher entry condition of $250,000. This range caters to different trader profiles, from retail to high-net-worth individuals.

In a week

United States

Does Fair Forex support MT4 or MT5?

Information regarding Fair Forex's specific trading platforms is not explicitly listed in the current profile. Typically, brokers offering CFDs and forex provide access to MetaTrader 4 (MT4) or MetaTrader 5 (MT5). The accounts detailed support features like scalping and Expert Advisors (EAs), which are commonly associated with the MetaTrader suite. For definitive confirmation, it is recommended to consult the broker's official website or contact its support directly.

In a week

United States

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