Brokers  /  PPFX

PPFX

Moderate risk
🇿🇦 South Africa · 2-5 years · since 2024-04-01 · ProperFX (Pty) Ltd
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Independent ratingshow third parties score this broker
WikiFX5.48/10
Trustpilot/5
Forex Peace Army/5
33
Moderate risk
Scam Risk Scoremonitored · 2026-07-06
Lower riskHigher risk
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing3835%
Company age4515%
Clone / impersonation012%
Withdrawal & exposure complaints1212%
Offshore registration458%
Transparency (site/info/social)5310%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameProperFX (Pty) Ltd
Headquarters🇿🇦 South Africa
Founded2024-04-01
Years operating2-5 years
Employees0
Official websiteppfx.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods6 · Neteller, Skrill, MASTER, Bank, transfer
Withdrawal methods6 · MASTER, Bank, transfer, Skrill, Neteller
Instruments--
Registered address
Office 1215, The Leonardo 75 Maude Street Sandton Gauteng, 2196 South Africa

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
FSCADerivatives Trading License (EP)49045South AfricaRegulated

Account types · 2

AccountMax leverageMin. depositMin. spreadCommissionEA
ECN1:1000$5,000from 0$6
Standard1:1000$50from 1.6--

Review analysis AI

Across 4 recent Trustpilot reviews, 25% are 1–2 star.

0
Period:
What users complain about
What users praise
Where reviewers are from
Hong Kong3
Turkey1

Real user reviews

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About PPFX

PPFX is a forex and CFD broker based in South Africa, with records dating to 2024-04-01. It reports oversight from FSCA.

FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.

Overview compiled by FXCanary from regulatory records and public data. full PPFX review