Forex Felix Markets Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.9

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 2.1

Business 1.4

Risk Control 1.7

Software 2.4

Regulatory 1.9

Terminal Snapshot

Felix Markets Trading Conditions

Registered Region Australia

Operating Period 1-2 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email support@felixmarkets.com

Contact Number +61272418913

Website felixmarkets.com

Balanced Review

Pros & Cons

Pros

Regulated by Seychelles Financial Services Authority
Diverse range of trading instruments including forex, commodities, stocks, and cryptocurrencies
Advanced trading platforms: MetaTrader 4 and MetaTrader 5
24/7 customer support via multiple channels
Competitive trading conditions with low spreads and high leverage options

Cons

Not regulated by major authorities like FCA or ASIC
Lack of transparency regarding fees and trading costs
Reported issues with withdrawal delays
Limited educational resources for traders
Concerns about corporate transparency and operational history

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	Felix Markets	DBG Markets	IC Markets Global	AvaTrade
Operating Period	1-2 years	See review	See review	See review
Region	Australia	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	1.9/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does Felix Markets Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Standard Account	Beginners	Low minimum deposit, user-friendly	Suitable for small-capital trading
Pro Account	Experienced Traders	Lower spreads, higher leverage	Requires higher trading volume
ECN Account	Professional Traders	No swap fees, direct market access	Minimum deposit required
Demo Account	New Traders	Practice trading without risk	Ideal for strategy testing

Account Opening Process

Opening an account with Felix Markets involves several straightforward steps. First, traders need to submit personal information, including their name, email, and contact details. Next, employment and financial information must be provided to assess suitability for trading. Additionally, identity verification is required, which includes submitting a valid ID and proof of address. Once the application is submitted, users may have the flexibility to upgrade to a professional account as their trading experience grows.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	Starting from 1.9	$0	Competitive spreads for major pairs
CFDs (Stocks)	Varies	$0	Access to major global stocks
CFDs (Indices)	Varies	$0	Includes popular indices like S&P 500
Cryptocurrencies (BTC/USD)	Varies	$0	Trading available for major cryptocurrencies

Other Fees

Felix Markets may apply various fees for services beyond trading spreads and commissions. These include potential deposit and withdrawal fees, which can vary based on the payment method chosen. Inactivity fees may be charged if accounts remain dormant for extended periods. Additionally, overnight interest, commonly referred to as swap rates, may apply depending on the positions held. Currency conversion fees may also be incurred when trading in different currencies.

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

Felix Markets User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

John Smith

Sydney, Australia

★ ★ ★ ★ ★

I faced significant delays when trying to withdraw my funds. It took longer than expected, causing frustration. While the platform is decent, the withdrawal issues overshadowed my experience.

Emily Johnson

Melbourne, Australia

★ ★ ★ ★ ★

Felix Markets offers a user-friendly platform with fast execution speeds. I appreciate the 24/7 customer support, which has been helpful. However, I’d like to see more educational resources for beginners.

Michael Brown

Brisbane, Australia

★ ★ ★ ★ ★

My experience with Felix Markets has been disappointing. Customer support was unresponsive when I needed assistance with my account, and I encountered significant issues with the withdrawal process. I do not recommend this broker.

Sarah Williams

Perth, Australia

★ ★ ★ ★ ★

I’ve been trading with Felix Markets for a few months now, and I am very satisfied. The MT5 platform is excellent, and the trading conditions are competitive. Customer service has always been responsive and helpful.

Australia Market