The Official Website Of F1FX Cannot Be Accessed Normally At Present. The Company Seems To Have Closed Down. Therefore, We Can Only Collect Some Relevant Information For Reference Only.
2022-07-08 We Found That The F1FX Webpage Has Expired
On July 8, 2022, We Found That Https://f1fx.com/this Domain Name Has Expired, And It Is Very Likely That The Domain Name Has Been Suspended. This Is A Bad Sign.
2022-06-22 Our Review Confirms That F1FX Is An Unregulated Foreign Exchange Dealer
F1FX Claims To Be Owned And Operated By KEB Prosperity (PTY) LTD, A South African Investment Company Authorised And Regulated By The Financial Sector Conduct Authority (FSCA), FSP License Number: 50963.
We Did Find A Match In The FSCA With KEB Prosperity (PTY) LTD. But According To The Details Shown On The FSCA, KEB Prosperity (PTY) LTD Does Not Have Any Authorized Agency And Also Provides Authorization For Financial Derivatives Investment Services. This Means That Neither KEB Prosperity (PTY) LTD Nor F1FX Can Provide Foreign Exchange Services. F1FX Is Actually Not Regulated By Any Regulatory Authority To Conduct Foreign Exchange Transactions. Investors' Funds Invested In This Broker Are Not Safe And Cannot Be Protected By Any Laws. It Is A Fake Broker.
Since The Broker's Website Cannot Be Accessed Now, We Are Also Unable To Obtain More Direct Details About Its Trading Assets, Leverage, Spreads, Trading Platform, Minimum Deposits, Etc.
As For Regulation, It Has Been Verified That F1FX Does Not Currently Have Any Valid Licenses.
But Most Non-compliant Brokers Will Not Disclose Providing Other More Direct And Truthful Contact Information, Such As Phone Numbers Or Company Addresses.
Note: F1FX As A, Unregulated Broker, Which Means That Clients' Investments May Not Be Adequately Protected. Due To The Lack Of A Regulator To Hold Companies Accountable, The Lack Of Regulation Increases The Risk Of Potential Financial Losses.
If Investing In An Unregulated Broker, There Is A Good Chance That They Will Run Away With Your Hard-earned Money Without Any Recourse. Therefore, Investors Must Be Extremely Cautious When Selecting Traders, And Remind Everyone To Stay Away From These Unregulated Ones As Much As Possible.
