Broker Review · last checked July 2, 2026
EPFX Review
EPFX promotes live trading accounts with USD and EUR options, three platforms, and a $25 minimum deposit on its website. Yet, we found no clear regulator registration for EPFX, so this review prioritises due diligence over assumed licensing.
- Official site claims a $25 minimum deposit on one account page.
- Public EPFX content names cTrader, ZeroX Trader, and MetaTrader 5.
- We did not find a verified regulator register match in the sources reviewed.
EPFX at a glance
Listing status: Eligible With Caution · higher risk, unknown
Our verdict
EPFX’s website presents active trading services, but available public records don’t confirm its regulatory status. It’s wise to verify the exact legal entity, regulatory registration, and client fund protections before depositing. The broker claims a $25 minimum deposit and offers cTrader, ZeroX Trader, and MetaTrader 5, but such claims don’t equate to official authorisation or investor safeguards.
Pros and cons
Pros: public information suggests a low entry deposit, demo and live accounts, USD and EUR currencies, and multiple platforms. Cons: no clearly verified regulator registration found; some details come directly from the broker; marketing wording should not be mistaken for guarantees of safety or availability.
Entity and regulation table
| Entity / brand | Regulatory status | Regulator / register | Evidence notes |
|---|---|---|---|
| EPFX LTD | Not Verified In Public Registers | Official website | Website says all accounts are held/managed by EPFX LTD Reg. 2023-00449; not matched in regulator register. |
| EPFX PTY LTD | Authorised FSP | FSCA public register | Official site states FSCA FSP No. 53180; site says EPFX PTY LTD is authorised by FSCA. |
| EPFX brand website | Broker website / support centre | Official website | www.epfx.com; site provides trading, help and client-portal pages. |
| EPFX | Unauthorised — Cnmv Warning | FSMA/ESMA foreign warnings | CNMV warning dated 7 Oct 2024 says www.epfx.com is not authorised to provide investment services. |
Key facts about EPFX
| Topic | Details from reviewed sources |
|---|---|
| Minimum deposit | $25 on the Zero Commission account page. |
| Account currencies | USD and EUR live accounts are mentioned. |
| Platforms | cTrader, ZeroX Trader, and MetaTrader 5 are named on the account-opening page. |
| Leverage | The account-opening page mentions up to 1:500, and in special cases up to 1:1000 for clients meeting minimum capital requirements. |
| Demo account | A demo option is described on the public site. |
| Funding information | The accessible pages do not provide a full public list of deposit and withdrawal methods. |
| Country restrictions | The site says it does not provide services to residents of certain countries, including the United States, Israel, New Zealand, Iran, and North Korea. |
All items should be rechecked directly with the broker before opening or funding an account.
Alternatives to EPFX
| Broker | Comparison score | Regulator signals | Platforms | Why compare | Review |
|---|---|---|---|---|---|
 XTB | 75.5 | FCA, CySEC, KNF | xStation, xStation mobile app | Readers who want a broker with publicly disclosed multi-jurisdiction regulation, Users who value transparent fee pages and entity-level lega | Read review |
 Capital.com | 73.5 | CySEC, Securities Commission of The Bahamas | Proprietary web platform, Mobile app, TradingView | Readers who want a broker with clear public legal-entity and regulator disclosures, Users looking for a proprietary web/mobile platform plus | Read review |
 Colmex Pro | 70 | Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (South Africa) | Colmex Pro 2.0, MT4, Web Trader | Readers who want a CySEC-listed broker with publicly verifiable entity details, Traders comparing U.S. equities-focused platforms and MT4 av | Read review |
 CMC Markets | 69.5 | FCA | Next Generation, MT4, MT5 | Traders who want a well-documented broker with clear public legal disclosures, Users who value proprietary platform depth alongside MT4/MT5 | Read review |
 Interactive Brokers | 68 | SEC, FINRA | IBKR Desktop, IBKR Mobile, Trader Workstation (TWS) | Experienced traders who want a broad platform lineup, Users who value detailed public disclosures, Clients who want multiple funding and acc | Read review |
Alternatives are sorted by the TopOnlineForexBrokers comparison score as of July 2, 2026. The score is not a safety guarantee.
External rating snapshot
| Source | Original score | Normalized /10 | Context |
|---|---|---|---|
| No reliable third-party numeric ratings found in the sources reviewed | — | — | No citeable public rating snapshot was used because the review is based on official and regulator sources only. |
External ratings are not proof of regulation, safety, or withdrawal reliability. None were used here because at least two reliable numeric ratings were not identified.
Safety and regulation
EPFX describes itself as regulated, but we found no matching current entry in official regulator databases checked for this review. Treat its regulatory status as unconfirmed until you verify the legal entity, website, and registration on the relevant regulator’s list. UK consumers should consult the FCA Financial Services Register and beware of unauthorised or clone firms. US investors can refer to the SEC’s PAUSE alerts highlighting false claims of registration or location.
Fees, account types, and platforms
EPFX’s public account page mentions a Zero Commission account with a $25 minimum deposit and no deposit fee. The account-opening page lists demo and live accounts on cTrader, ZeroX Trader, and MetaTrader 5, with live accounts available in USD or EUR. These details offer some insight but remain broker-provided claims requiring verification through client portals and legal documents.
Deposits and withdrawals
Publicly available pages do not provide a complete, authoritative list of funding methods, processing times, or withdrawal fees. EPFX states funding is possible and that users can learn how to deposit after account opening, but exact payment options aren’t clearly disclosed. This makes verifying payment methods, beneficiary names, withdrawal deadlines, and accepted cards or e-wallets crucial before adding funds.
Country availability caveat
EPFX states it does not serve residents of certain countries, including the US, Israel, New Zealand, Iran, and North Korea, and does not target jurisdictions where local laws prohibit its services. Availability can change, and local regulations might be stricter than the broker’s list, so always check eligibility in the broker’s legal documents and with your local regulator before proceeding.
Alternatives to consider
When comparing brokers, choose those with clearly searchable regulator registrations, transparent fees, and straightforward funding and withdrawal terms. UK users should start by checking the FCA register. Always compare legal entity names, client fund protections, platform support, and withdrawal policies before depositing. If EPFX’s regulatory status remains unclear, it’s sensible to keep looking rather than commit funds.
Common questions
Is EPFX safe?
You can’t assume safety from marketing alone. We found no clearly verified current regulator registration, so first confirm the legal entity and authorisation on the official register.
Is EPFX regulated?
EPFX’s site claims regulation, but we found no verified regulator register match. Treat its status as unconfirmed until you verify it directly with the regulator.
What is EPFX’s minimum deposit?
The Zero Commission account page states a $25 minimum deposit. Check the current account terms before funding.
Which platforms does EPFX offer?
The account-opening page lists cTrader, ZeroX Trader, and MetaTrader 5. Platform availability may vary by account or region, so confirm in your client area.
What are EPFX’s fees?
The reviewed page states $0 commission and deposit fees for the Zero Commission account. A full fee schedule for trading, funding, or withdrawals is not publicly available.
Does EPFX accept traders from the United States?
EPFX says it does not provide services to residents of certain countries including the US. Always confirm eligibility in the broker’s legal documents and your local regulations.
What should I verify before depositing with EPFX?
Check the broker’s legal entity name, regulator registration, funding and withdrawal methods, any fees, and ensure payment destination names match the regulated entity.
Check the details yourself
These are the pages we relied on. Read them before you open an account or send money anywhere.