Unauthorised Firm Details

Name: Envi FX
Website: envifx.com

Envi FX Review – Major Warning Signs

Envi FX advertises itself as a broker with international reach, offering forex and CFD trading through popular platforms like MT4 and MT5. They claim high leverage (up to 1:500), transparent spreads, and a mix of payment options including credit cards, crypto wallets, aiming to attract both beginner and experienced traders.

However, our investigation uncovered several serious red flags that suggest Envi FX is risky:

• The regulatory claims are vague and inconsistent. Envi FX states it is licensed via MISA (Mwali, Comoros) and registered in Saint Vincent & the Grenadines, with a claimed base in Cyprus. Yet, independent verification shows no license from stronger, well-known regulators.

• The leverage offered (1:500) is far above what most reputable regulators allow for retail clients. That alone often indicates a broker is taking risk that could disproportionately harm clients.

• The site lacks transparency in several areas: no clear minimum deposit is disclosed, ownership and leadership details are missing or insufficient, verification of business registration in Cyprus is lacking.

• Customer feedback repeatedly mentions problems with withdrawals: delays, denials, or requirements for extra documents late in the process. Support is reported to be responsive until profits or withdrawals are involved.

• Marketing and social media presence are strong, but many positive user reviews are unverified and may be manipulated. Negative reviews tend to highlight the same issues: money stuck in accounts, support failing when needed, conditions changing after deposits.

Bottom line: While Envi FX has some features that look attractive on paper, the risk is high. The lack of strong regulatory oversight, unclear conditions, and repeated withdrawal complaints make this an unsafe broker in many cases. If you consider using them, only do so with money you can afford to lose, and keep full documentation of all transactions and communications.