DecodeFX positions itself as a major online broker, which is one of the best in the global market. The trademark belongs to Decode Global Limited, which was registered in the jurisdiction of Vanuatu in 2004. According to the website, the broker has a VFSC license. As for the domain, it was registered in 2017 and renewed in March 2025.

Can you trust your funds to this company? How safe is trading at decodefx.com? Let’s take a closer look at the terms and conditions this broker offers.

Trading Conditions

DecodeFX offers its clients access to MetaTrader 4/5 trading platforms for trading Forex, commodities, and indices. The broker provides you with the following features:

2 types of accounts.
More than 100 trading products.
Starting deposit $100.
Fast order execution.
Leverage up to 1:500.
Copying of trades.

There is no specific information about spreads, withdrawal procedure, and other important trading conditions. Commissions are not charged on the STD account, and on the PRO account – $7.

The sections of the site, which are indicated in the footer on the registration page, are not opened. Among them are analytics and training.

Tech support is available via online chat. In addition, the site has three social network icons: Facebook, YouTube, LinkedIn, but the first two of them do not open broker accounts.

FAQ

Would investing in DecodeFX offer the best returns?

Cooperation with DecodeFX can lead to loss of funds due to the lack of transparent information about trading conditions. After all, promises of high returns without specific data look suspicious.

Does DecodeFX carry out withdrawals?

There is no information about withdrawals on the website. However, clients write in reviews about sudden blocking of accounts and refusals to withdraw large sums. If you have experience with this broker, please share it in the comments.

May I be scammed on decodefx.com?

Many signs indicate the risk of fraud. For example, the company lists its year of registration as 13 years earlier than the domain exists. Besides, licenses and registrations are not supported by documentation. In addition, the cheap one-page website, where many sections do not work, does not live up to its claimed status as the best brokerage firm in the world.

What's the best way to share my experience with DecodeFX?

Fill out the form and we'll make sure your voice is heard.

How can I tell if this is a fraudulent company?

Do your own research and never believe those who promise you easy money.

Criteria

Jurisdiction: Offshore

License: VFSC

Leverage: 1:500

Broker type: DD

Demo account: No

Affiliate program: Introducing Broker

Minimum deposit: 100$

Trading platform: MetaTrader 5, MetaTrader 4

Assets: Forex, CFD

17 reviews about DecodeFX

Kristi
April 3
These crooks stole my money
Last week I tried to take advantage of the fast market movement and placed an order to buy AUD/CHF. However, the broker executed my order only 15 seconds later at a price that was much worse than at the time of my request. This incident cost me 1,300 dollars. And now there is no money on mine and the support service is suspended!
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Caroline L.
April 1
The team of this broker is a real pro!!!
This company has everything on a high level: analytics, employees, working withdrawal. I started trading with a minimum deposit and realized that trading with Decodefx is profitable, useful and comfortable. That's why I made a serious deposit of several thousand dollars and I started trading successfully. If it was bad, I would have honestly written here about it, and of course I wouldn't have made a deposit. Meanwhile, I saw that registration, verification, funding, withdrawal - everything is fast at decodefx.com, and also the execution is without delays and without requotes.
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Harry Martinez
March 23
It seems like the firm is playing against us!
I have noticed that every time I open a profitable position, the market suddenly turns against me. I have suspicions that the employees of this broker are manipulating the quotes. How can I trust a broker who makes money from my losses? I have lost over 600 USDT due to the machinations of these crooks!
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A. Gonzalez
March 21
The startup environment is poor and the fees are high
It feels like this place only caters to millionaires. Personally, I could not make money with DECODEFX. In addition, I did not like the attitude of the support staff towards customers. I cannot recommend this company.
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Mr. Harper
March 19
There are many such scams
There are not one or two similar scams, there are many. So, off the top of my head, I've seen two similar platforms recently. I noticed that they had similar account types, similar services, it was as if the sites were done by the same person. The structure of the sites is different of course, but I saw this similar one-to-one on decodefx.com. I can't remember the names of these clones right now, though it doesn't matter. However, in fact - they are a collection of scammers who attract traders, especially beginners, and then scam them out of money. Do not fall for such fraudulent schemes, you will not only lose money, but also time and nerves.
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Drake
March 18
Unfriendly and unqualified staff
They talk in a very arrogant manner. The counselors could not answer any of my questions about the documents and the owners of the company. If you ask them, the staff will either answer inadequately or ignore you. In short, I completely lost my desire to trade with this broker. This is just a terrible behavior of the staff...
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Joseph Robinson
March 18
Bullshit, nonsense, scam, dumping ground
The minimum deposit is too high on this site. Let's see what thresholds other companies set: mostly it's $1 and you can already trade. For example, by opening a cent type account. Yes, Decode FX has a demo account on MT5 here too, but what good is it? Psychology is not pumped on it, so this function, in fact, is only there to just press the buttons, get used to them and continue trading for real money. I will note that commissions and spreads are also hidden at Decode FX - this is usually a red flag, it couldn't be more alarming. What honest and transparent broker would hide such important terms and conditions? I don't know. Only scammers like Decode FX would. Now about the additional services. They provide a kind of insurance. Okay, but what is its usefulness? What does it mean by itself? Is it a real insurance for a certain amount or as usual in CFD pairs they offer insured trades? And what else is deposit protection? This is also nonsense. Instead of normal additional services Decode FX offers some unnecessary nonsense. Where is the PAMM-service? Where are autotrading, Expert Advisors? Where are the trading contests? Where is the cryptocurrency wallet? Or maybe some other unique features that other companies do not have? In short, this is a primitive platform. I think it's a disgraceful scam. The terms and conditions are hidden, and the ones that are known are complete bullshit. There are no usual or unique benefits at decodefx.com. THERE IS NOT A SINGLE DAMN REASON WHY YOU SHOULD OPEN A BROKERAGE ACCOUNT HERE AND NOT ANYWHERE ELSE.
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Leah
March 13
Tech support is unfriendly
The support team of this broker has no communication culture at all. Frankly speaking, it was unpleasant for me to deal with them.
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David Torres
March 12
This broker exists only to steal your money
I tried to trade on the minimum account, and of course, I lost everything very quickly, literally in 2-3 days. After which the DECODEFX managers ask me to contribute another thousand dollars so I can continue to support this filthy dump. No, they want too much! I'm out!
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Mr. Hayes
March 12
I can recommend
This is a good and high quality broker where everyone can find what they need. A brand new help and support system as well as high quality training materials are available at DecodeFX. If you are a professional, you will benefit from profitability and comfort, tight spreads and a great trading platform that never hangs or crashes. To be honest, at first I was very worried when I started trading with DecodeFX, but my doubts and uncertainty disappeared 90% after the first successfully processed withdrawal, and when I received both the second and third withdrawal, I definitely felt relieved and everything became great. I started trusting this broker 100% after the third withdrawal and now my trust is stable. How did I get here? Just at some point I decided to change my broker to this company, as I read online that here are very favorable spreads, and in general, trading goes better than anywhere else. So I decided to try to cooperate with DecodeFX. My fears and negative thoughts were in vain, everything worked out, and now I know an experienced forex broker that I can recommend.
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Richard Fields
March 11
THIS is a scam, absolutely 100%
As soon as you start trading here, you immediately realize where you are. For example, I checked it out and lost my 1.18 LTC instantly, so I don't advise others to come here, there is nothing to do here.
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Lynn Allen
March 11
All I got was a loss
DECODEFX broker promised fast terminal operation, support at all stages of trading, help in training and, most importantly, fast withdrawal of funds. However, no one helped me, did not answer my questions, did not contact me, and I lost my 300 euros in a couple of days.
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William Robinson
March 11
I am satisfied with the platform
I have worked on many websites, but I was able to trade seriously only here. If other brokers try to help me lose my deposit or prevent me from successful trading, there are no such problems on this platform. For example, I earn up to 2% per day and my balance is over $1,290 on my DecodeFX account.
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J. Cole
March 9
I have already had a similar experience of losing money
I lost money amounting to €6,780 on one of the websites similar to decodefx.com. I saw that these two resources are very similar to each other, like the two heads of one dragon. I think they have the same founders, scammers who hide under the mask of anonymity. The bottom line is that you deposit money naively believing that you will be working with a serious and reliable broker, but no, instead you invest your money in a fraudulent trap. I lost all my investment in that platform and the same is waiting for you at decodefx. I advise you to read reviews online. From there you will learn what fraudulent schemes these criminals are using. You will find out why this activity is fake at decodefx.com and there are not hundreds of thousands of clients here, as well as licenses, clear operating hours and so on.
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Yana118
March 5
A lot of deception and falsity
Did you know that all contact information is fake on this platform and that there is basically no point in emailing anything to the broker? You can see for yourself if you don't believe me by using special services, you can easily find them on Google. Well, it's really a small thing. The problem is that Decode FX is a fictitious brokerage company that lies a lot about itself!! Founding date in 2004, regulation in USA, awards - absolutely everything here is fake. They don't and can't have serious regulation, you don't have to invest money in trading here, you can just burn banknotes in the fireplace - the result will be even better, as you won't have to spend effort to get your money back...
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Carl Mills
February 26
Do not believe this firm, I am tormented by the fact that I can not punish them
Do not try to believe these scammers. I believed them and now I can't get my money back. DECODEFX promised me that I would be something like a king with them, that I would have signals, training, analytics, fast deposit and withdrawal service, and so on. I ended up investing 12k USDT here, and the scammers cut off contact with me after that. The money went to a crypto address, and from there to a centralized exchange, and then their trail was lost. I don't even write anything to the exchange to get back 12k USDT, it's pointless. What will I write? That I was abandoned by DECODEFX forex broker? Who will believe me? Even if I attach all transaction confirmations, how will I prove that I didn't give the money voluntarily? Since there is no proof, it can be a fiction… This is the nonsense that scammers count on, that there will be such morons with money who will believe in their promises that you can get rich easily and quickly, and then they will give the money to crooks. Remember, withdrawals don't work at decodefx.com. I'm trying to get anything back but to no avail. I can't even contact these scammers. They promised to make me a millionaire, but in fact they swindled me out of my money and put it in their pocket. I appeal to newbies: learn from other people's mistakes, not your own. Especially if the training costs so much money!
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Debra
February 22
I don't like trading here
Of course, I'm not a particularly experienced trader, but I can't make a profit here. It is simply impossible to get into the trend. Because the broker constantly interferes with trading. It is noticeable that failures occur due to manipulations of the terminal, I see then requotes, then disconnections.
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