PhyxTrade is listed because it appears to be offering financial services in the UK without FCA authorisation. The FCA places firms on its warning list when they may be falsely claiming regulatory permissions, using misleading contact details, or targeting UK consumers with unapproved products. Reports point to inconsistent addresses and emails linked to www.9999goldfx.com and phone numbers that don’t match registered UK firms. Those signs, plus multiple complaints and suspicious payment requests, are common reasons the FCA adds an entry. These issues support concerns about how PhyxTrade may behave and why you should treat contact from them as high risk.
Unauthorized This firm may be providing or promoting financial services or products without our permission. You should avoid dealing with this firm and beware of scams. Almost all firms and individuals must be authorised or registered by us to carry out or promote financial services in the UK. This firm is not authorised by us and may be targeting people in the UK. Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time. They may also give you details that belong to another business or individual, so the information looks genuine. What this means for you: If you deal with this firm, you won’t have access to the Financial Ombudsman Service if you want to complain. You also won’t be protected by the Financial Services Compensation Scheme (FSCS) if things go wrong. This means it’s unlikely you’d get your money back if the firm goes out of business. If you sent money to a fraudster on or after 7 October 2024, you may be covered by protections introduced by the Payment Systems Regulator (PSR). Find out what to do if you’ve been tricked into making a payment to a scam account. What is PhyxTrade? PhyxTrade claims to be an online broker and trading firm offering forex and CFD services through the site www.9999goldfx.com. Reports and public records show PhyxTrade is not authorised by the FCA and is listed as an unauthorised firm. Watch for fake testimonials, suspicious contact details, and pressure to fund accounts quickly — real complaints about PhyxTrade trading platform have surfaced in user feedback and case studies. If you want a quick user snapshot, search for PhyxTrade Review, PhyxTrade Scam Alert and PhyxTrade User Experiences to see reported problems and customer stories. Feedback, user opinions and comments: many people reporting problems use terms like complaints, trust issues and fraud detection when describing their contact with PhyxTrade. Before trusting any messages that seem official, compare details to regulator lists and read multiple customer testimonials and case studies. For practical help, follow these tips to avoid PhyxTrade scam attempts and check reviews regularly.
You should only deal with financial firms that are authorised by us. If a financial firm is authorised by us, it gives you greater protection if things go wrong. You can use the FCA Firm Checker to make sure a financial firm is authorised by us and has our permission to provide the services you’re looking for. You’ll also be able to find: information on how you’re protected; contact details for authorised firms. If you’re contacted unexpectedly by a financial business, make sure you reply using the contact details on the Firm Checker. Find out more about how to protect yourself from scams. Stay informed by subscribing to our website, follow updates about scam brokers, check reviews regularly, and always verify licenses before investing.
PhyxTrade is a scam broker — you should not trust this broker. The FCA lists PhyxTrade as an unauthorised firm operating via www.9999goldfx.com and warns consumers that they will not have access to the Financial Ombudsman Service or FSCS protections. If you see contact from PhyxTrade, treat it as high risk, avoid sending money, and verify licences through the FCA Firm Checker before engaging. For anyone researching a review of PhyxTrade in 2026, take reports, user experiences and official warnings seriously, and follow safety tips to reduce the chance of loss.
