Discovery FX Review
664
Fast Facts
Contact Info and Support
Traffic information
| Category | Metrics | Meaning |
|---|---|---|
| Ratings | Global Rank | 15478865 |
| Country Code | - | |
| Country Rank | - | |
| Category Rank | - | |
| Engagement metrics | Visits | 171 |
| Bounce Rate | 0.3061 | |
| Pageviews per Visit | 1 | |
| Avg. Visit Duration | 0 | |
| Estimated monthly visits | May 2026 | 89 |
| June 2026 | 1064 | |
| July 2026 | 171 | |
| Top countries | Malaysia (MY) | 100% |
| Traffic sources | Social | - |
| Paid Referrals | - | |
| - | ||
| Referrals | - | |
| Search | - | |
| Direct | - | |
| Top keywords | how to export history on mt5 web | 250 ◦ $0 |
| how to retrieve mt5 info ig | 130 ◦ $0 | |
| how to get a report from mt5 of the history | 80 ◦ $0 | |
| how to export trading history with mt5 mobile | 10 ◦ $0 |
About Discovery FX
Discovery FX operates under the name Discovery Forex Limited, registered in Samoa and claiming an office in Hong Kong at Room 613A, 6/F, Ocean Centre, 5 Canton Road, Tsim Sha Tsui, Kowloon, Hong Kong (). It offers two account types—Standard (minimum deposit US $200, no transaction fee) and Nano Spread (minimum deposit US $200, with US $3 per lot transaction fee)—with trading on MT4 and MT5 platforms featuring Forex and precious metals instruments; maximum leverage of up to 1:1000, demo accounts, and copy trading are provided (). The broker explicitly excludes residents of the United States, Canada, Australia, Japan, and South Africa from its services ().
No valid regulation from major financial authorities (such as FCA, ASIC, CySEC, or NFA/CFTC) is in place. A previously claimed ASIC affiliation appears revoked, and a U.S. MSB registration is not sufficient for forex brokerage regulation (). Multiple expert reviews characterize Discovery FX as unregulated, with warnings against depositing funds due to lack of investor protections ().
Pros and cons
Pros
- Trading platforms: MT4 and MT5 available with Forex and precious metals trading, demo accounts, and copy trading ().
- Flexible leverage up to 1:1000, low minimum deposit (~US $200), two account types including Nano Spread with transparent fee structure ().
Cons
- No regulation or oversight from recognized authorities; previously revoked license and superficial U.S. MSB registration do not provide client protection ().
- Client fund protection (e.g., segregated accounts, negative balance protection) is not provided; numerous warnings and reviews label it high-risk ().
- Limited asset range (only Forex and precious metals), high minimum deposit relative to broader offerings, and operational transparency issues reported ().
