Item: CedarFX
Rating: 2.08

CedarFX

Mauritius | 5-10 years |

Suspicious Regulatory License | MT4 Full License | Regional Brokers | High potential risk

https://www.cedarfx.com/

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Company Summary

CedarFX Review Summary
Founded	2018
Registered Country/Region	Mauritius
Regulation	No regulation
Market Instruments	Forex, Commodities, Crypto CFDs, CFDs, Indices, Stocks
Demo Account	✅
Leverage	/
EUR/USD Spread	0.0–0.2 pips (with 0% Commission Account)
Trading Platform	MetaTrader 4 (MT4), Web Trader
Minimum Deposit	$10
Customer Support	Live chat

CedarFX Information

CedarFX, established in 2018 and incorporated in Mauritius, is an unregulated broker that trades over 180 assets, including forex, commodities, stocks, indices, and cryptocurrency CFDs. It offers two types of accounts (0% commission and Eco) and supports MT4 on PC, mobile, and online platforms.

Pros and Cons

Pros	Cons
Zero-commission trading	No regulation
Supports crypto deposits & withdrawals	No MT5
Offers both live and demo accounts	No swap-free (Islamic) account
	Inactivity fee charged

Is CedarFX Legit?

CedarFX is an unregulated broker. Although it claims to be registered in Mauritius, the country lacks a recognized financial authority that oversees or regulates FX or CFD brokers.

According to Whois records, the domain cedarfx.com was registered on March 21, 2018, last updated on March 22, 2025, and will expire on March 21, 2027. The domain status is currently set to “client delete prohibited,” “client renew prohibited,” “client transfer prohibited,” and “client update prohibited”.

What Can I Trade on CedarFX?

CedarFX provides over 180 financial assets, including forex, indices, commodities, stocks, futures, and cryptocurrency CFDs. Traders have access to major, minor, and exotic currency pairs, global indexes, precious metals, oil, and a diverse variety of top company stocks.

Tradable Instruments	Supported
Forex	✓
Commodities	✓
Crypto CFDs	✓
CFDs	✓
Indices	✓
Stocks	✓
Bonds	✓
Options	✓
ETFs	✗

Account Type

CedarFX provides two types of live trading accounts: the 0% Commission Account for cost-conscious traders and the Eco Account for those who want to support sustainability efforts. Both account types are accessible as real or demo accounts, and they may be created using the MetaTrader 4 platform. CedarFX does not specifically specify Islamic (swap-free) accounts on their website.

Account Type	key Features	Suitable for
0% Commission Account	No commission, low spreads, no transaction fees, 180+ assets, Bitcoin & fiat deposits accepted	Cost-conscious traders seeking minimal fees
Eco Account	$1 commission per lot, matched by CedarFX, funds go to Ecologi for environmental projects	Traders wanting to support sustainability

CedarFX Fees

CedarFX's overall fees are lower than industry standards since it charges 0% commission on trades, allowing traders to use their whole deposit at no additional expense.

Non-Trading Fees

Non-Trading Fees	Amount
Deposit Fee	0
Withdrawal Fee	0
Inactivity Fee	$10 USD per month after 180 days of account open, if no deposit in 90 days and no trading activity in 30 days

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MetaTrader 4 (MT4)	✔	Windows, Android, iOS, Web Trader	Beginners
MetaTrader 5 (MT5)	❌	—	Experienced traders

Deposit and Withdrawal

CedarFX does not impose deposit or withdrawal fees, however, Bitcoin transactions incur blockchain network/miner costs. The minimum deposit is $10 (Bitcoin) or $50 (other methods), while the minimum withdrawal is $10.

Payment Method	Minimum Deposit	Minimum Withdrawal	Fees	Deposit Time	Processing Time
Bitcoin	$10	$10	No CedarFX fee, but blockchain/miner fees apply	5–60 min	Within 24h + blockchain time
Credit/Debit Card via Instacoins	$50	-	Third-party fees (Instacoins) may apply	Varies by Instacoins	-
Bank Wire via Instacoins	$50	-	Third-party fees (Instacoins) may apply	Varies by Instacoins	-

News

News Unregulated Broker CedarFX: Understanding the Risks and Potential Pitfalls

If you're considering investing your money, you must make a wise decision and not fall prey to fraudulent activities.

2023-07-04 11:04

News WIKIFX REPORT: GREEN FX IS HERE TO STAY. RETAIL BROKERS FOLLOW THE BANKS LEAD

Retail FX brokerage CedarFX understands the importance of offering ecologically friendly FX trading accounts, especially when the new generation of traders are keen to ensure social and corporate responsibility when investing in capital markets. Here is why it should be taken seriously.

2022-06-10 12:18

News WIKIFX REPORT: CedarFX Lends Support to Combat Climate Change

As we enter a new era of unending extreme weather events caused by rising average temperatures, such as heatwaves and bushfires, one forex broker has developed to address the situation.

2022-06-10 12:07

News WIKIFX REPORT: CedarFX - The Eco-Friendly Way To Trade Forex

The new CedarFX Forex broker is already in a league of its own. It has immediately distinguished itself since its launch in 2020 by taking a holistic approach to its clients and making an exceptional commitment to the environment.

2022-06-10 12:01

News WikiFX report: Urgent Alert! Do not fall for the green-painted CedarFX broker scheme!

The CedarfFX broker scam (www.cedarfx.com) has a green touch to it. The fraud is purportedly run by Cedar LLC, a St. Vincent and the Grenadines-based company founded in September 2020. Bitcoins, credit and debit cards, and bank transfers are all options for victims.

2022-05-20 15:22

News WikiFX report: CEDARFX REVIEW

CedarFX only launched in 2020, but it is already gaining traction and carving out a niche for itself. This broker created a name for itself by pledging to aid the environment through its Eco Account and affiliation with the environmental NGO Ecologi. However, due to its lack of fees and charges, as well as its relatively low spreads on 180+ different tradeable assets, it has continued to grow as a forex broker. On the widely recognized and secure MT4 trading platform, traders can trade 55 fiat currency pairs and 38 crypto pairs, as well as stocks, indices, commodities, and metals.

2022-04-07 14:44

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