EuropeFx Trade Review

About EuropeFx Trade

EuropeFx Trade operates via the domain europeefx.com, presenting a crypto/CFD “investment” website that advertises three plans—Basic (fund $200–$2,000; 24 hours), Intermediate ($3,000–$15,000; 48 hours), and Master (1–5 BTC; 72 hours)—and claims exposure to FX, indices, commodities, shares and cryptocurrencies; registration/login routes are hosted at user.europeefx.com and account.europeefx.com. Official site

The UK Financial Conduct Authority issued a clone warning against “Europe FX Trade (clone of FCA authorised firm)” using the website europfax.com, email support@europfax.com, and phone +44 87 0820 0200, noting it is a clone of the authorised firm Maxiflex Ltd (FRN 729566) and that the authorised firm has no association with the clone. FCA

The Cyprus Securities and Exchange Commission’s authorisation for Maxiflex Ltd (CIF 258/14), the company historically associated with the “EuropeFX” brand, was withdrawn with effect from 06 March 2023 for non‑compliance with article 22(1) of the Law, including licensing conditions in articles 11(1)(b) and 17(9). MFSA notice referencing CySEC decision

In Australia, ASIC reported that the Federal Court found Union Standard International Group Pty Ltd and its former corporate authorised representatives, including Maxi EFX Global AU Pty Ltd (trading as EuropeFX), engaged in systemic unconscionable conduct with customer losses exceeding AUD 83 million between 2018 and 2020; ASIC also banned Pedro Eduardo Sasso, a director of Maxi EFX Global AU Pty Ltd (EuropeFX), from controlling a financial services business for five years. ASIC ASIC