EpixFund Review: What Traders Need to Know

Despite the claims of beneficial features and trading conditions, the actual terms of engagement with the dealer prove far from favourable. Traders are limited to CFDs, and EpixFund offers no clear information on spreads or commission structures. We wonder whether such omissions are accidental or part of a broader strategy of obfuscation. There is no verifiable legal registration, and the supposed regulatory licence remains unconfirmed. The brand itself is obscure, with a negligible presence in trading communities. In light of these factors, we find ourselves questioning whether this company constitutes a scam.

EpixFund Snapshot

Legitimacy Check

EpixFund’s claims of being regulated by the FSCA (Financial Sector Conduct Authority of South Africa) do not withstand scrutiny. Since 2017, there has been a cryptocurrency exchange called Ovex, which is actually managed by OVEX (Pty) Ltd. Therefore, the hero of our review simply stole someone else’s registration data. By the way, a search through OpenCorporates yielded no evidence of the company’s legal existence. This is a glaring red flag.

Another troubling aspect is the published address of the company’s London headquarters. Upon inspection, this appears fictitious. Simple verification via Google Maps suggests that the listed premises do not house any financial companies. Furthermore, there is no mention of the company’s executive leadership on the epixfund.com website, deepening our suspicion.

Given these findings — and factoring in the nature of CFD trading — it becomes clear that cooperation with this broker often results in financial losses. Dealing with an unlicensed broker carries an elevated risk of losing capital, and legal recourse is almost always unavailing.

Epixfund.com Content Quality

The broker’s official website is available in English and consists of a homepage and a few auxiliary pages. Most content is promotional in nature. We observe that EpixFund features logos of globally known companies — logos with which it seemingly has no formal connection. We decided to investigate further.

The registration process is conducted via a generic interface requiring a name, surname, email, phone number, and password. The user dashboard follows the same template structure, offering little in terms of functionality.

Trading is conducted through a browser-based terminal, which is not without its issues. We note limitations in liquidity, inconsistencies in trade execution, and questionable pricing data. There is also no downloadable software or mobile app available — another inconvenient omission.

Key Trading Features

EpixFund offers multiple trading accounts distinguished by initial deposit amounts, commission fees, and leverage levels. However, details about additional services are sparse.

The account types are labelled Bronze, Silver, Gold, Platinum, Diamond, and VIP. Notably, all accounts are limited to CFD trading — an instrument known for high risk and a failure rate often exceeding 85%.

Initial deposits range from $6,000 to $200,000. We find such high entry points especially concerning, given the absence of a demo account. Fraudulent brokers frequently demand large deposits as a means of acquiring client funds before account access is mysteriously revoked.

Leverage ranges from 1:10 to 1:30. If these figures are accurate, they fall within acceptable limits. We decided to acknowledge this as a rare positive aspect of the platform’s trading conditions.

Each account includes a “Profit Target” with returns allegedly surpassing 30%. Commissions vary between 3% and 5% per trade. We wonder how such high charges could possibly be offset by gains, especially when the spreads remain undisclosed.

A referral programme is also available, promising commissions of 10–20% per recruited client. Payouts increase with user referrals. Joining the programme requires only registration and access to a referral link.

EpixFund Education Insight

The platform promotes a few educational tools, such as a profit calculator and a spread calculator. It also claims to offer resources for both fundamental and technical analysis. However, there is no access to webinars or comprehensive literature. Nor does the site offer an FAQ section. We find the educational effort superficial at best.

Customer Service Overview

Client support is limited to email. We attempted to verify the email address listed on the site, only to discover it is invalid. This is a critical flaw in client servicing.

Our Verdict

We strongly advise against entering into any form of cooperation with EpixFund. The platform is unregulated, lacks legal registration, and operates under highly disadvantageous trading conditions. Reviews are scarce and overwhelmingly negative.

About the author

Hamish Drake

Trading Educator

Hamish Drake is an experienced trading educator and content creator. He has developed several online courses and written numerous articles on trading basics, risk management, and market fundamentals. Hamish focuses on identifying brokers that offer the necessary educational resources, ensuring customers have the tools they need to start and improve their trading journey.