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Verify with the source.Wherever possible, information is matched against official registers and primary sources.
When was it checked?We clearly show when each critical piece of data was last checked.
Know the type of information.We classify user complaints, company statements and official records separately.
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See the level of evidence
on every institution profile.

Instead of ratings, we show the data, its source and its verification status.

  1. 01Data
  2. 02Source
  3. 03Verification
A

Sample Financial Institution

Broker · United Kingdom

Last checked: 23.09.2026
REGULATIONOfficial record verified

The licence number and scope are matched directly against the regulator’s source.

● Official source
USER FEEDBACKRecurring topics

Topics such as withdrawals, support and trading conditions are grouped by period.

● Verified platform record
COMPANY STATEMENTData disclosed by the company

The company’s own statements are shown separately from independent verification.

● Statement
← Home

PPFX

Broker · South Africa

About the company

Legal company nameProperFX (Pty) Ltd
Year founded—
Headquarters / registered countrySandton, Johannesburg, South Africa
Websitewww.properfx.com
Last checked10.10.2026

According to its official website, PPFX is the brand name used by ProperFX (Pty) Ltd (registration no. 2017/404327/07), a company incorporated in South Africa; the site states that the company is an authorised financial services provider regulated by the FSCA (FSP 49045) with its registered office at The Leonardo building in Sandton. The website is mainly in Chinese and client support is provided in Chinese and English; the company says it does not serve US nationals or EU/EEA residents. The Standard (STD) account offers spreads from 1.6 pips, commission-free trading and a 50 USD minimum deposit, while the ECN account offers spreads from 0 pips, a 6 USD commission per lot and a 5,000 USD minimum deposit; maximum leverage on both is 1:1000. Trading runs on MetaTrader 4 and MetaTrader 5 (PC, iOS, Android); the site also mentions an AI-based TradeGPT order-matching tool. Products are CFDs on forex, precious metals, commodities, global indices, shares and cryptocurrencies. The site states that client funds are held in segregated trust accounts and that account balances can earn a daily-calculated return of up to 6% a year, alongside a refer-a-friend programme. Deposit methods listed include bank wire, Visa/Mastercard, Skrill, Neteller and USDT; the funding page shows a minimum of 250 USD per method. This information is the company's own statement.

Account Details

ACCOUNT TYPESStandard (STD) · ECN
MIN. DEPOSIT50 USD (Standard account)
PLATFORMSMetaTrader 4 · MetaTrader 5 (PC, iOS, Android)
PRODUCTSForex · Precious metals · Commodities · Global indices · Shares · Cryptocurrencies (CFDs)
LEVERAGEUp to 1:1000

Licences and regulation

FSCA (South Africa)

Licence no.FSP 49045
Licence holderProperFX (Pty) Ltd
ScopeListed in the FSCA register as an authorised (Authorized) financial services provider under ProperFX (Pty) Ltd (FSP 49045); authorised since 6 Feb 2018; approved product classes: derivative instruments, shares, collective investment schemes and deposit products.
StatusVerified

User complaints

User reports found online are classified by topic. The charts show how reports are distributed; the reports are compiled from records on platforms that verify users and screen out fake reviews.

Period reviewed: March 2025 – October 2026

  • Withdrawal / payment: 1

VERY LOW — COMPLAINT LEVEL

91% of institutions with complaint records received more complaints than this one.

BY TOPIC — Withdrawal / payment: Low

SOURCES REVIEWED

The complaint distribution is based on the 1-star reviews on ProperFX's Trustpilot page (1) as of 10 October 2026; one person's reviews count once, and records about fake sites and third parties using the PPFX name are left out. Across the complaints, an allegation that the deposited principal and profits were not paid out stands out.

Sources and verification history

Official company sourcesproperfx.com — homepage, Who We Are, Regulatory Environment, Standard and ECN account pages, Deposit & Withdrawal, MetaTrader 5, Contact pages and footer
Regulator recordsFSCA — ProperFX (Pty) Ltd, FSP 49045 (fsca.co.za)
Company registerCIPC (Companies and Intellectual Property Commission) — ProperFX (Pty) Ltd, 2017/404327/07
User feedback sourcesTrustpilot · Şikayetvar · WikiFX
Last verified10.10.2026

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