Forensic review · October 2026

DecodeFX Review — Is DecodeFX a Scam?

Forensics Source Group is not affiliated to this broker. We do not hold this account, we cannot close a balance, and we do not phone you as this firm.

Yes. DecodeFX is an offshore CFD/forex broker (Vanuatu Decode Global Limited) that markets an ASIC licence number belonging to a different group entity. The notices are written once, in the block below. If you paid decodefx.com, the date and how you paid are the part this review cannot see.

Send this to Forensics Source Group
The short answerExhibits core scam red flags
WithdrawalsExtra charges demanded (reported)
What to doSend it to Forensics Source Group
The record

What the notices say

  • The site advertises ASIC “Licence No: 246796” — that AFSL belongs to Decode Capital Pty Ltd, which serves Australian wholesale clients only; retail accounts sit under the Vanuatu entity, per the Finance Magnates directory (2026).
  • Three regulators have moved on the group: AMF Québec (February 2024 — not registered to solicit), Japan's FSA (September 2025 — unregistered OTC derivatives solicitation) and New Zealand's FMA (July 2025 — imposter clones using fabricated profits and extra-payment-before-withdrawal demands).
  • It offers leverage up to 1:2000 with a $100 minimum deposit via USDT and claims “22+ years” — while Trustpilot reviewers report extra charges before releasing assets and withdrawals that never process.
Loss or this pattern

A trading loss and this pattern are not the same

A trading loss is a real position that moved against you. You can see the trade. The pattern below is a different event.

  • withdrawal-fee demands before capital is released
  • support answering English queries in Chinese
  • client credit balances erased
FAQ

Frequently asked questions

Can you close my DecodeFX account, or have the person who phoned me call again?

Forensics Source Group is not affiliated to this broker. We do not hold an account at decodefx.com. We cannot confirm a balance, close an account, or phone you as DecodeFX.

DecodeFX says I must pay a tax or fee before withdrawing — should I?

No. A real broker deducts a fee from the balance. A new payment to release your own money is a second charge. Keep the message that asked for it.

What do you do with what I send?

We place it next to the record above. Where the same payment shows up from other people, those files can sit together as a class action. The first look is free.

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Forensics Source Group is not affiliated to this broker. We cannot close an account or confirm a balance. Write the date and how you paid.

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