Score
fx88
https://fx88.com/
Website
Rating Index
Contact
No forex trading license found. Please be aware of the risks.
- The declared Cyprus CYSEC license (License No. 322/17) has been confirmed as a clone firm. Please be aware of the risks and stay vigilant to avoid harm!

WikiFX Field Survey: This section presents on-site verification conducted to help confirm the authenticity of the broker's publicly available information. Based on a standardized review process, the WikiFX field survey team investigates the broker's office environment, team size, and actual business operations, helping investors better understand the broker's operating status and assess trading safety more intuitively.

WikiFX Field Survey: This section presents on-site verification conducted to help confirm the authenticity of the broker's publicly available information. Based on a standardized review process, the WikiFX field survey team investigates the broker's office environment, team size, and actual business operations, helping investors better understand the broker's operating status and assess trading safety more intuitively.
Compare with Platforms Similar to fx88
Verified Site 


This section presents the broker's verified website information, including official websites across different countries and regions, visitor location distribution, and related IP information. Users can use this section to identify the broker's official channels and regional websites, avoid unofficial or impersonation websites, and reduce access and trading risks.

This section presents the broker's verified website information, including official websites across different countries and regions, visitor location distribution, and related IP information. Users can use this section to identify the broker's official channels and regional websites, avoid unofficial or impersonation websites, and reduce access and trading risks.
fx88.com
104.26.1.242Server LocationUnited States
ICP Registration No.--Top Visitor Locations--Creation Date2005-02-07Website NameWHOIS.GODADDY.COMCompanyGODADDY.COM, LLC
Company Profile
Company Profile
Review summary
General Information & Regulation
FX88 is an Cyprus-based broker, with its actual office address, the company behind it unknown to all. There is zero evidence that this broker is under any regulatory agency. FX88 advertises that it offers forex currency pairs, various CFDs through MT4 trading platform.
Markets Instruments
Fx88 offers trading in 45 currency pairs, as well as CFDs on commodities, precious metals and indices on MetaTrader 4 platform.
Minimum Deposit
The minimum amount one has to deposit in order to open an account with this broker is $100, which is not much, yet many Cyprus-based companies require even less.
Leverage
FX88 offers leverage up to 1:500, which is considered high. Since leverage can amplify gains as well as losses, trading with such an unregulated broker using high leverage is not a good option.
Spreads & Commissions
FX88s spread on Standard commission-free accounts are average, typical ones amounting to 1.3 pips on EUR/USD. Its ECN spreads are a lot better, averaged 0.1 pips for thos pair, but also involve a commission of $7 per standard.
Trading Platform Available
FX88 offers its clients the industrys standard MetaTrader 4 (MT4), which is available as downloadable desktop, web & mobile versions. The MT4 is preferred by most traders, because it is user-friendly and yet reliable and equipped with professional trading tools. It supports automated strategies, offers extensive back-testing environment and a number if build-in technical analysis tools, as well as advanced charting package.
Deposit& Withdrawal
FX88 offers its clients bank wire transfer, credit/debit cards and and popular e-wallets such as Skrill, neteller and Dotpay as payment methods.
Company Profile
- 5-10 years
- Questionable Regulatory License
- Suspicious Operational Region
- Clone Firm Cyprus
- High Potential Risk
Wiki Q&A
Is fx88 safe and reliable?
WikiFX assessment indicates that fx88 carries a WikiFX score of 1.23 and a regulatory status of Clone Firm. According to WikiFX data, the brand's registered region is Cyprus, its operating history is listed as 5–10 years, and its business scope is described as a Suspicious Operational Region. The license information shows no valid forex license recorded for the brand; instead, a CySEC Market Making License (MM), regulation number 322/17, associated with holding company GO MARKETS LTD, appears under anomalies with a status of Clone Firm. Regulatory protection depends on the specific legal entity, the status of the license, the product involved and the client's jurisdiction, so a brand presence or a single registration should not be read as extending to every entity operating under the fx88 name. Overall, the available indicators point to a high-risk profile, and the information should be treated as a starting point for independent due diligence rather than as an assurance of safety or reliability.
Is fx88 regulated?
According to WikiFX data, fx88's regulatory status is listed as Clone Firm, and no valid forex license is recorded for the brand. The license information contains one entry, placed under anomalies: a CySEC Market Making License (MM), regulation number 322/17, held by GO MARKETS LTD, with a license status of Clone Firm. Because that entry is flagged as a clone rather than a valid authorization held by fx88 itself, the brand should not be regarded as operating under a verified license on the basis of this record. License status, the specific legal entity involved and the applicable jurisdiction all affect the level of regulatory protection that may be available.
What is the minimum deposit of fx88?
According to WikiFX data, the minimum deposit for fx88 is not currently publicly specified. The account information available for the brand does not list account types or deposit thresholds, so no specific minimum deposit figure can be confirmed from the available records. Users seeking current requirements may wish to review the broker's official disclosures or contact its customer service directly.
Does fx88 support MT4 or MT5?
According to WikiFX data, the trading platforms supported by fx88, including whether MT4 or MT5 is available, are not currently publicly specified. The software-related indicator in the WikiFX assessment stands at 4.33, but this figure does not identify particular platform names or versions. Users seeking confirmation about MT4 or MT5 availability may wish to check the broker's official channels for the most current details.


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