Review summary
DragoFx Ltd, operating as DragoFX, is a UK-registered entity that has been active in the financial services space for 1-2 years. According to WikiFX data, this broker currently holds no valid forex trading licenses from recognized global regulators such as the UK's FCA, ASIC, or CySEC, placing it in an unregulated category. The WikiFX assessment indicates an overall score of 1.16, reflecting a fundamental lack of supervisory oversight. In terms of trading offerings, DragoFX provides a tiered account structure, including a Starter account for currency pairs and commodities accessible from $100 and a Standard account for stocks, indices, and cryptocurrencies starting from $500, with higher-tier VIP and Premium accounts also available. Scalping and the use of Expert Advisors (EAs) are permitted across all account types. All services are provided without the consumer protections, fund segregation, or dispute resolution mechanisms mandated by top-tier financial authorities. Consequently, engaging with this entity involves a significantly elevated level of inherent financial and operational risk due to the complete absence of regulatory safeguards. 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: 2026-05-06)
