Review summary
PandaFX is a forex brokerage operating for 5-10 years and registered in the United Kingdom. According to WikiFX data, the entity does not hold any valid authoritative forex trading licenses, meaning it operates without the oversight of a recognized financial regulator. This lack of regulatory framework presents a significant risk for traders. The broker offers three account tiers: Silver (minimum deposit $250, leverage up to 1:100, spreads from 1.2 pips), Gold (minimum deposit $1,000, leverage up to 1:250, spreads from 0.8 pips), and Platinum (minimum deposit $10,000, spreads from 0 pips, with unspecified leverage). All accounts support scalping and algorithmic trading. WikiFX assessment gives PandaFX a total score of 1.50, reflecting the absence of regulatory safeguards. Traders should carefully consider these factors when evaluating this brokerage. 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: 2026-07-17)
