CourseFx Review

Updated: March 29, 2026
CourseFx
Views88

Fast Facts

Regulations:
MISA (Mwali, Commoros)
Min Deposit:
50 USD
Headquarters:
United Arab Emirates
Max Leverage:
1:500
Islamic Accounts (Swap-Free):
No
Offices:
United Arab Emirates

Account types

STANDARD AccountECN AccountRAW Account
Minimum Deposit50 USD500 USD5'000 USD
Maximum Leverage1:500
Spread from (pips)
Commission per lot (USD) 0 5 4
Minimum Trade Size0.01
Step
Execution Type
Trading Instruments
Margin Call
Stop out50%40%30%
Swap Free
Currency

Contact Info and Support

Company Address:

34JR+957 - King Salman Bin Abdulaziz Al Saud St - Dubai Marina - Dubai - United Arab Emirates

Traffic information

CategoryMetricsMeaning
RatingsGlobal Rank-
Country Code-
Country Rank-
Category Rank-
Engagement metricsVisits0
Bounce Rate0
Pageviews per Visit0
Avg. Visit Duration0
Estimated monthly visitsDecember 20250
January 20260
February 20260
Traffic sourcesSocial-
Paid Referrals-
Mail-
Referrals-
Search-
Direct-

About CourseFx

CourseFX LTD, headquartered in the United Arab Emirates at 34JR+957 – King Salman Bin Abdulaziz Al Saud St, Dubai Marina, holds a licence issued by the Mwali International Services Authority (MISA; Licence No. BFX2024206). It offers three account types—Standard (minimum deposit USD 50, leverage up to 1:500, zero commission), ECN (minimum deposit USD 500, USD 5 commission), and RAW (minimum deposit USD 5,000, USD 4 commission)—all permitting Expert Advisors (EAs) but disallowing hedging, scalping, or negative balance protection. Domains include coursefx.com and contact is via phone and email. ()

The MISA licence claimed by CourseFX lacks legal recognition under Comoros law and the Union’s central banking regime. The Central Bank of Comoros has declared that MISA-issued approvals carry no regulatory effect, meaning the licence does not confer lawful authority for financial activities. ()

Pros and cons

Pros

  • Offers tiered account types with varying minimum deposits and commission structures
  • Supports automated trading via EAs

Cons

  • Regulatory licence from MISA has no legal validity and is unrecognized by the Central Bank of Comoros
  • Lacks key client protections such as segregated accounts, negative balance protection, or internationally recognised oversight

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