Brokers  /  Propex24

Propex24

Low risk
🇦🇺 Australia · 5-10 years · since 2020-08-21 · Propex 24 Pty Ltd
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Independent ratingshow third parties score this broker
WikiFX4.4/10
Trustpilot/5
Forex Peace Army/5
13
Low risk
Scam Risk Scoremonitored · 2026-07-06
Lower riskHigher risk
  • Authorised by Tier-1 regulator(s): ASIC
  • 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 & licensing835%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration108%
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 namePropex 24 Pty Ltd
Headquarters🇦🇺 Australia
Founded2020-08-21
Years operating5-10 years
Employees0
Official websitepropex24.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments
Registered address
Level 10, 100 Arthur St North Sydney, Australia 2060

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
ASICForex Execution License (STP)246488AustraliaRegulated

Review analysis AI

Across 3 recent Trustpilot reviews, 0% are 1–2 star.

0
Period:
What users praise
Where reviewers are from
Spain1
Taiwan1
Hong Kong1

Real user reviews

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About Propex24

Propex24 is a forex and CFD broker based in Australia, with records dating to 2020-08-21. It reports oversight from ASIC.

FXCanary’s verdict is “Low risk.” On balance the regulatory footprint and real-user feedback are reassuring, though no broker is risk-free.

Overview compiled by FXCanary from regulatory records and public data. full Propex24 review