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PH

Phoenix FX Review: Is It Legit and Regulated?

Phoenix Capital Group Ltd.

MY Operating period unverified
AKA PFX

FindMyFX score

high risk

4.6/10

0 Score out of 10 10
Independent assessment Updated 2026-08-11

Contact & regulation

Official website
phoenixfx.net
Address
Not verified
Contact
Not verified
Primary license
Labuan FSA · Unverified

Missing values mean the information has not been verified or published yet—not that the broker does not provide it.

Quick verdict

Is Phoenix FX legit and regulated?

FindMyFX has license records for Phoenix FX, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.

This is a source-limited research summary, not a safety guarantee or investment recommendation.

Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.

Broker-provided company information

Phoenix FX, branded PFX, is operated by Phoenix Capital Group Ltd. and offers Forex and CFD trading through MetaTrader 5.

Professional broker overview

FindMyFX editorial summary

Phoenix Capital Group Ltd. appears in Labuan FSA's current money-broker directory, and the PFX website states Labuan licence number MB/23/0111. The official site describes execution-only Forex and CFD access through MetaTrader 5 across more than 2,200 instruments, while reviewed pages did not provide verified deposit, leverage or spread figures.

Prepared from reviewed sources for informational purposes. This is not investment advice.

Editorial note: The regulator directory confirms the legal entity as a current money broker, while the licence number is taken from the broker website because it was not displayed in the directory listing reviewed.

Operational status
active
Broker type
unknown
Execution model
Execution-only
Support hours
Not verified

Documented advantages

  • Official site provides MetaTrader 5 access across Forex and multiple CFD asset classes.
  • The legal entity appears in Labuan FSA's current money-broker directory.

Documented limitations

  • The reviewed official pages did not provide verified minimum-deposit, maximum-leverage or typical-spread figures.
100%coverage

Published profile coverage

8 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.

Company structure

Legal entities

Registered companies associated with this broker profile.

1 entity

Phoenix Capital Group Ltd.

Primary
MY Registration not shown

Markets and instruments

Commodities

unverified

Cryptocurrencies

unverified

ETFs

unverified

Forex

unverified

Indices

unverified

Precious Metals

unverified

Share CFDs

unverified

Licenses and regulators

Labuan FSA

MB/23/0111

unverified

Last verified: Not shown

Type: Money Broker
Client class: Not shown
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown
Open official register ↗

Score components

Regulation and licenses

7.5/10 · 35%

Current Labuan FSA directory lists Phoenix Capital Group Ltd.; the broker supplies the licence number.

Security and track record

2.5/10 · 20%

Official sources confirm a current regulator listing and risk disclosure, but no independent long-term incident record was reviewed.

Trading conditions

5.0/10 · 15%

Official site documents MT5 and product scope, but key account-level pricing and leverage fields are incomplete.

Company transparency

5.0/10 · 10%

The legal operator, licence claim, restrictions and product scope are disclosed, but official contact and company-registration details were not established from the pages reviewed.

Service quality

2.5/10 · 10%

Official product information is available, but no independently verified service-quality dataset was used.

Verified user reviews

0.0/10 · 10%

No verified user-review data from an inspectable authoritative source was used.

Profile update history

Broker profile was published.

2026-08-11

Related regulated broker profiles

These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.