Review summary
PHYX Global Limited is registered in South Africa and has been operating for approximately 1-2 years. According to WikiFX assessment, the firm does not hold any valid forex trading license from a recognized regulatory authority, which means it lacks credible oversight and presents a significant risk for traders. The broker offers multiple account types—including Micro, Standard, and PHYX Ultra Low—with a minimum deposit as low as $0.01, leverage up to 1:1000, and spreads starting from 0.6 pips. Its WikiFX overall score of 1.21 reflects a high-risk profile, and traders should exercise caution when considering this unregulated entity. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-07-15)
