Forex Envi FX Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.5

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.7

Business 1.0

Risk Control 1.3

Software 2.0

Regulatory 1.5

Terminal Snapshot

Envi FX Trading Conditions

Registered Region Saint Vincent and the Grenadines

Operating Period 5-10 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email support@envifx.com

Contact Number N/A

Website envifx.com

Balanced Review

Pros & Cons

Pros

Regulated by MISA in Comoros
Diverse trading instruments: Forex, stocks, cryptocurrencies, metals, and indices
Access to popular platforms: MetaTrader 4 and MetaTrader 5
High leverage options: Up to 1:500 available
24/7 customer support via live chat

Cons

Not regulated by top-tier authorities like FCA or ASIC
Low trust score of 1.50/10 on WikiFX
Numerous negative user complaints about withdrawals
Lack of transparency regarding company ownership and leadership
Limited educational resources for novice traders

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	Envi FX	Anzo Capital	Focus Markets	AvaTrade
Operating Period	5-10 years	See review	See review	See review
Region	Saint Vincent and the Grenadines	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.5/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does Envi FX Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Standard Account	Beginners	Low spreads starting from 0.8 pips, user-friendly interface	Minimum deposit of $10, suitable for small-capital traders
PRO Account	Experienced Traders	Competitive spreads from 0.4 pips, higher leverage	Requires trading volume qualifications
VAR Account	Active Traders	No commission fees, flexible trading conditions	Appropriate for high-frequency trading strategies
Mini Account	New Traders	Accessible trading conditions with a minimum deposit	Ideal for practicing trading strategies with limited risk

Account Opening Process

To open an account with Envi FX, traders must complete a straightforward process. First, they will need to submit personal information, including details about their employment and financial status. Following this, identity verification is required, which involves providing an ID and proof of address. Envi FX also offers the flexibility to upgrade to a professional account later, allowing traders to adapt their accounts as they gain experience and meet the necessary criteria.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (EUR/USD)	0.8	$0 (ECN: $3.5/lot)	Tight spreads for majors
Forex (GBP/USD)	1.0	$0 (ECN: $3.5/lot)	Competitive for key currency pairs
CFDs (Stocks)	0.1%	$8.00	Variety of US and EU stocks
CFDs (Indices)	1.0	$9.00	Includes major indices
Cryptos (BTC/USD)	1.0%	0.1%	Variable depending on market conditions

Other Fees

Envi FX has several other fees that traders should be aware of. There are no deposit or withdrawal fees for cryptocurrency transactions. However, a minimum withdrawal amount of $50 applies. Inactivity fees may be charged after a specified period of no trading activity. Additionally, traders should consider potential overnight interest (swap rates) and currency conversion fees when trading cross-currency pairs.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

Envi FX User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

David Nunez

New York, NY

★ ★ ★ ★ ★

By far one of the worst brokers I’ve ever seen. Their customer service is slow, they rarely release any withdrawals, and the few times they do, after waiting almost 2 weeks, you won’t even see a cent reach the intended wallet.

Alan Terry

Los Angeles, CA

★ ★ ★ ★ ★

Like many others, I was a retail trader with Envi FX before they transitioned traders to Invidia Trade. Since then, withdrawal issues have become a major concern. I experienced a failed deposit with no record of it, and there’s been little transparency or accountability.

Ibraham Lunkin

Toronto, Canada

★ ★ ★ ★ ★

I love trading with EnviFX. Their platform is smooth, and the spreads are some of the tightest I’ve ever seen. My experience has been fantastic so far! They also have a great selection of assets to trade.

George Carter

Miami, FL

★ ★ ★ ★ ★

Trading on EnviFX has been a positive experience overall. I love how I can access global indices, commodities, and even cryptos all in one place. Their customer service is quick and helpful, and my withdrawals are always processed promptly.

Saint Vincent and the Grenadines Market