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ByteFX

Forex Trading Platform with Institutional-Grade Performance

Rating: 4.23 / 5
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ByteFX Capital Ltd. provides traders with advanced tools, lightning-fast execution, and secure trading environments to help you connect and grow.

ByteFX Website Screenshot

Broker Details

Headquarters
Rodney Bay, Gros-Islet, Saint Lucia
Established
2025
Min Deposit
$20
Execution
~20ms ( Market Execution )
Regulators
Unregulated

Trading Conditions

Min Raw Spreads
0.0 pips
Min Standard Spreads
1.9 pips
Min Forex Commission
$8 Round Turn

Accounts & Funding

Funding Methods
VisaMastercardCryptoUSDTBank WireApple Pay
Deposit Options
CryptoUSDTVisaMastercardApple PayBank Wire
Deposit Fees
Generally Free
Withdrawal Options
VisaMastercardCryptoUSDTBank Wire
Withdrawal Fee
Depends on payment method (not fixed)

Trading Costs & Spreads

EUR/USD
From 1.9 pips (Standard), 1.0 pips (Pro), 0.0 pips (Raw)
GBP/USD
From 1.9 pips (Standard), 1.0 pips (Pro), 0.0 pips (Raw)
Gold
Available
Bitcoin
Available
WTI Crude
Available under Commodities
Inactivity Fee
Not Mentioned

Platform & Features

Trading Platforms
MetaTrader 5 (MT5) – Windows, macOS, Web, Android, iOS

Pros

  • 150+ trading instruments, including Forex, Commodities, Indices, Cryptocurrencies, and Stocks.;Multiple funding methods, including Visa, Mastercard, Bank Wire, Apple Pay, and Crypto;Supports Swap-Free accounts;

Cons

  • Limited public reputation, as the company was established in 2025.
  • Inactivity fee policy is not clearly disclosed on the official website.

Comprehensive Review

##ByteFX Review 2026: An Editorial Assessment

ByteFX is operated by ByteFX Capital Ltd. and is registered in Saint Lucia. According to WikiFX, the broker operates under a Legal Opinion (LO) rather than a recognized financial regulator, resulting in a low safety score of 1.57/10. Traders seeking strong regulatory protection may find this a concern.

##Trading Platforms ByteFX provides the MetaTrader 5 (MT5) platform for desktop and mobile devices. MT5 supports Expert Advisors (EAs), advanced charting tools, fast execution, and trading across Forex, Commodities, Indices, Stocks, and Cryptocurrencies.

##Spreads, Fees, and Commissions

The broker offers three account types with spreads ranging from 1.9 pips (Standard), 1.0 pip (Pro), and 0.0 pips (Raw). Standard and Pro accounts have zero commission, while the Raw account charges an $8 round-turn commission. Deposit, withdrawal, and inactivity fees are not disclosed.

##Account Types and Minimum Deposit

ByteFX offers Standard, Pro, and Raw accounts. The Standard account requires only $20 to get started, while the Pro and Raw accounts require higher deposits. Maximum leverage reaches 1:2000, and swap-free accounts are available for eligible traders.

##Funding and Withdrawals

Clients can fund accounts using Crypto, USDT, Visa, Mastercard, Apple Pay, and Bank Wire. Crypto and USDT withdrawals are processed instantly, while card and bank transactions follow standard processing times. However, the broker does not clearly disclose any deposit or withdrawal charges.

##Final Verdict

ByteFX offers attractive trading conditions, including a low $20 minimum deposit, up to 1:2000 leverage, MT5 support, and raw spreads from 0.0 pips. However, the broker lacks regulation from a recognized financial authority, has a low WikiFX score of 1.57/10, and does not provide transparent information regarding trading fees. As a result, traders should carefully assess the risks and conduct independent due diligence before opening a live account.

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