forexiz
FIG. 07Protocol
Why Decentralized

Traditional brokers are the problem.

$7.5 trillion moves through forex markets every day. Yet billions of people can't access them because of paperwork, banks, and geographic restrictions. Decentralization fixes this.

The case for permissionless accessv1.0
Three primitives, verifiable today

We don't market decentralization.
We mechanically prove it.

“Fully decentralized” is a slogan. Forexiz takes a different approach: ship narrow, mechanically-true primitives — and link to the surface where you can verify each one yourself.

01
Live today

Pyth-referenced pricing

Every price quoted at Forexiz is referenced to a Pyth Network feed signed by 138+ first-party publishers — Jane Street, CBOE, Binance, Jump, and others. We don't make the price. We pull it from the same source the publishers do.

Click any feed on /transparency to view its publisher set + cadence + history on Pyth.

See the live Pyth feed grid
02
Live today

Signed fill receipts

Every fill carries an Ed25519 signature from a key Forexiz publishes the public half of. Paste the receipt at /verify and your browser validates the signature against the published key — entirely client-side. Nothing reaches our server.

The verification algorithm is identical to the one we run server-side. Open DevTools, watch.

Verify a receipt now
03
Phase 3 — Audit pending

On-chain Merkle commitments

Every minute, the Merkle root of all fills in that window gets committed to a public Arbitrum contract. Forexiz cannot rewrite history; the operator publishes the root, the chain remembers it forever, anyone can verify any fill's inclusion against that root.

Combined with the non-custodial vault, this means the operator can never both move your funds AND lie about your trades.

See the Commitments contract

What's broken

Every traditional broker forces you through these gates before you can place a single trade.

KYC Takes Days

Upload your passport, a selfie, a utility bill. Wait 1-5 business days for manual review. Get rejected if your country isn't on the approved list. Repeat when your documents expire.

3-7 daysaverage verification time

Bank Account Required

Wire transfers, credit cards, e-wallets that only work in certain jurisdictions. Each with their own delays, fees, and chargebacks. No bank? No trading.

1.7Badults without bank accounts

Geographic Restrictions

Regulated brokers must comply with local laws. That means blocking entire countries, restricting leverage, limiting instruments. Your address determines your access.

100+countries with restricted access

Withdrawals Take Days

Wire transfers: 3-5 business days. Credit card refunds: 5-10 business days. E-wallet: 1-3 business days. Plus fees at every step. Your money, held hostage by process.

3-10 daystypical withdrawal time

Hidden Fee Structures

Commissions, swap rates, inactivity fees, withdrawal fees, currency conversion fees, overnight financing charges. The actual cost of trading is buried in fine print.

5-12different fee types hidden

Account Freezes

Compliance flags can freeze your account without warning. Winning too much? Unusual activity? Flagged by an algorithm? Your funds are locked until manual review.

48h+average freeze duration

How Forexiz solves it

Every problem above has a crypto-native solution. Here's how we replace the old system.

Permissionless Access

LIVE

No identity verification. No documents. No approval queue. Connect a wallet (SIWE) — or sign in with email or Google as recovery. You're trading in 60 seconds.

We don't ask who you are. We don't need to. Your wallet signature is your identity; your USDC balance in the vault is your proof of funds.

On-Chain Deposits

LIVE

Send USDC to the ForexizCollateral vault on Arbitrum. Every deposit is a blockchain transaction — verifiable by anyone, on Arbiscan, forever.

The vault contract is deployed at 0xad7A0E…1e77. The operator can read your collateral and book P&L; it cannot transfer to itself. Forced withdrawal is one wallet tx.

Radical Transparency

LIVE

Our fee schedule is published on the website. Every spread, every swap rate, every cost. No fine print, no hidden charges. What you see is what you pay.

We publish platform statistics publicly: volume, user count, deposit feed. Trust through visibility, not through a license number issued by a regulator.

Instant Settlement

LIVE

Crypto deposits credited in minutes. Withdrawals processed within 24 hours. No business days, no processing queues, no "3-5 working days" delays.

Your money moves at blockchain speed, not banking speed. Send USDT at 2am on a Sunday — it arrives in minutes, just like any other time.

Community Governance

SCAFFOLDED

Traders vote on which instruments to add, what features to build, and how fees are structured. Your broker should work for you, not the other way around.

We're building toward a full DAO structure where every protocol decision is made by the community of traders who use it.

Progressive Decentralization

SCAFFOLDED

Smart contract vaults for deposits, merkle tree balance attestation, trade execution proofs, and governance token — each step moves control from us to you.

Decentralization isn't a marketing claim. It's an engineering roadmap. Every quarter, we ship features that move more control to the protocol and its users.

Full comparison

How Forexiz stacks up against traditional brokers and full DeFi protocols across every dimension.

Access
Traditional
KYC + bank account required
Forexiz
Permissionless — crypto wallet or email
Full DeFi
Wallet only
Instruments
Traditional
Forex, sometimes stocks
Forexiz
68+ across 6 asset classes
Full DeFi
Crypto perpetuals only
Deposits
Traditional
Wire transfer (days)
Forexiz
USDT on-chain (minutes)
Full DeFi
On-chain (seconds)
Withdrawals
Traditional
3-10 business days
Forexiz
Within 24 hours
Full DeFi
Instant
Leverage
Traditional
Account-wide, often limited
Forexiz
Per-position, up to 200x
Full DeFi
Per-position, varies
Fees
Traditional
Hidden across 5-12 fee types
Forexiz
Published, spread-only
Full DeFi
Published, gas + spread
Mobile UX
Traditional
Desktop-first (MT4/MT5)
Forexiz
Mobile-first PWA
Full DeFi
Desktop-first dApps
Prediction Markets
Traditional
Not available
Forexiz
Binary markets on prices
Full DeFi
Polymarket-style
Governance
Traditional
Corporate decisions
Forexiz
Community voting (roadmap)
Full DeFi
Token-based DAO
Auth model
Traditional
KYC + bank verification
Forexiz
SIWE wallet (or email recovery)
Full DeFi
Wallet signature

The phase status board

We don't ship a roadmap of promises. Each phase is either live (verifiable now), scaffolded (working but not enforced), or planned (designed, not coded).

Phase 0

Foundation — module registry on Arbitrum One

Live
  • ForexizRegistry contract live + verified on Arbiscan
  • 99 contract tests, 24,576 invariant assertions per run
  • Encrypted deployer keystores (dev/staging/prod)
  • CI: Slither + Mythril + gas-diff PR comment
shipped 2026-05-13verify at /contracts
Phase 1

Verifiable pricing — Pyth + Ed25519 receipts

Live
  • pricing-service streams 11 launch symbols from Pyth Hermes
  • signer-service issues Ed25519 fill receipts (canonical JSON)
  • /verify page: Web Crypto verification, no server trust
  • 24/5 FX session enforcement honored on every quote
Phase 2

Non-custodial USDC margin vault

Live
  • ForexizCollateral live on Arbitrum One
  • Forced withdrawal: operator cannot trap your funds (48h silence → emergencyExit)
  • MARGIN_MANAGER role can read collateral + book P&L; cannot transfer to itself
  • External audit pending — see AUDIT-PREP.md
shipped 2026-05-13verify at /contracts
Phase 3

On-chain execution commitments (Merkle)

Live
  • ForexizCommitments live — strict-monotonic Merkle root publisher
  • Per-batch metadata: root, leafCount, archiveCid, publishedAt
  • verifyAgainstBatch(seq, leaf, proof) settles any inclusion question
  • commitment-service publishes per-window batches
shipped 2026-05-13verify at /contracts
Phase 4

Composability — Aave/Compound, subgraph

Planned
  • External-DeFi adapter contracts
  • Indexed event stream via The Graph
  • Forexiz collateral usable as backing in third-party protocols
Phase 5

Risk curators — bounded parameter authority

Planned
  • Curator role can move risk parameters within hard-coded bounds
  • Independent curator slot (3rd-party assessor)
  • Public curator-action log
Phase 6

Governance — Snapshot space + FXZ token

Scaffolded
  • Snapshot space + FIP template (drafted: FIP-0001/0002/0003)
  • Timelock contract on every governance action (6b)
  • FXZ token + quorum (6b)

The big picture

3.6 billion people have internet access but no bank account. Crypto changed that for digital assets — anyone with a phone can hold, send, and receive value. But that revolution stopped at the border of traditional finance.

If you want to trade gold, oil, EUR/USD, or Apple stock, you still need a passport, a bank account, and a broker who decides you're allowed to participate. DeFi protocols like dYdX and GMX proved you can build high-performance trading without those gates — but only for crypto assets.

Forexiz is building the bridge. The accessibility of DeFi, applied to every financial market. Permissionless access to forex, metals, crypto, stocks, indices, and commodities — funded entirely by crypto, verified on-chain, governed by the community.

Ready to trade without permission?

No documents. No bank. 60 seconds. That's it.