Brokers HOT
Advanced Search

Search by account type, minimum deposit, and maximum leverage in 70,000+ forex brokers.
Find out more

Brokers Comparison Tool

Get to know the regulation, account types, trading cost, services, and updates of forex brokers
Find out more

Live Spread Comparison

Access to real-time spreads, bid/ask prices, historical data, account types and swap.
Find out more

Introducing Brokers

A large number of IBs are included in BrokersView. A variety of tools are provided to help you make one-stop search, compare IBs information, and select your preferred IBs effectively.
Find out more
Scam
BV Assessment NEW
Rankings
By Countries

Best Forex Brokers in Vietnam
Best Forex Brokers in Thailand
Best Forex Brokers in South Africa
Best Forex Brokers in Mexico
By Features

Best FCA regulated Brokers
Best ASIC regulated Brokers
Best Skrill Brokers
Best Precious Metal Trading Brokers
By Instruments

Best Precious Metal Trading Brokers
Best Indices Trading Brokers
Best currency pairs trading Brokers
Best Commodity Brokers
Find out more
Regulators
By Ratings

FCA
FINMA
NFA
Japan FSA
ASIC
SFC
NZ FMA
MAS
CySEC
MFSA
FSCA
By Popularity

ASIC
CySEC
FCA
VFSC
CIMA
Seychelles FSA
Mauritius FSC
Labuan FSA
Belize FSC
BVI FSC
SVG FSA
By Established Time

MAS
NFA
FSCA
VFSC
Bahamas SCB
Labuan FSA
FCA
CIMA
ASIC
CySEC
DFSA
Find out more
News
Claims
Q&A

Is the broker legit or regulated by my state regulator? Questions you should ask about your investment.
Find out more

Complaint

Report any financial complaints, fraudulent activities or investment scams with brokers or investment firms here
Find out more

Scam Alert Videos

Watch the most common forex scam videos and how to avoid them starting right now.
Find out more

Tips to Detect Scam

Review our tips for indentifing scams to help minimize the chance you will get duped.
Find out more
Expo
Event
Awards

Unregulated

Save

Phoenix Brokage

Operating status: Unregulated

Website: https://phoenixbrokage.com

Suspected Inactive

Broker violations and abnormal records

2021-08-12 BrokersView has reviewed that Phoenix Brokage is an unregulated forex broker

Phoenix Brokage claims to be regulated by the Estonian Financial Supervision Authority (EFSA), but there is no regulatory information about Phoenix Brokage can be found on the EFSA registry, as well as on any other financial regulators' websites. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.

Phoenix Brokage claims to be regulated by the Estonian Financial Supervision Authority (EFSA), but there is no regulatory information about Phoenix Brokage can be found on the EFSA registry, as well as on any other financial regulators' websites. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.

Phoenix Brokage claims to be regulated by the Estonian Financial Supervision Authority (EFSA), but there is no regulatory information about Phoenix Brokage can be found on the EFSA registry, as well as on any other financial regulators' websites. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.
2022-04-24 BrokersView has found that Phoenix Brokage is not working

BrokersView found the domain https://phoenixbrokage.com is temporarily unavailable, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

BrokersView found the domain https://phoenixbrokage.com is temporarily unavailable, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

BrokersView found the domain https://phoenixbrokage.com is temporarily unavailable, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

Related Complaints

Q&A

What withdrawl method do they offer?

mr Wu

Guyana

2023-04-12

ANSWER Phoenix Brokage is an unlicensed broker that we strongly advise against trading with, despite the seemingly attractive deals it offers.Phoenix Brokage displays a certificate of incorporation from the Companies House (CH) with company number 12125159 on their homepage to appear legitimate. However, we found this number belongs to a company named GLEX INVESTMENTS (U.K.) LIMITED on the website of the CH. That means this broker is using false information to deceive investors. Moreover, the CH is only a registrar of companies in the UK responsible for incorporating and dissolving companies, and the authority to regulate financial industry in the UK rests with the Financial Conduct Authority (FCA). But we did not find any results matching Phoenix Brokage in the FCA registry. Therefore, Phoenix Brokage is not subject to any valid regulations.Regarding your question, we strongly suggest you avoid Phoenix Brokage since it is an unlicensed broker. Entrusting it with your funds or trading with it is highly risky, as there are no safeguards in place to protect your funds. Therefore, we strongly suggest investors stay away from unlicensed brokers like Phoenix Brokage and opt for fully regulated ones instead.

1 comments

linchris

Nice broker with fast withdrawals. Did not face any problems, client area is very useful and suitable. Technical support is helpful. Also they plan to add cryptocurrecies for trading. So I can recommend this company for trading.

See translate

2024-06-11

Rate and Review

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.