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Forex

Retail Broker

PrivateFX

About Company

Overview

Information

Review

THIS SERVICE IS NOT AVAILABLE IN YOUR REGION

Unproved

Closed

Unproved

Closed

PrivateFX

N/A

Founded in

2015 (10 Years)

Founded

Last online: No recent activity

Visit website

No Review

Not enough to calculate score

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Verification on TrustFinance

0.00

Traffic & Engagement

1.67

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Security Information

Warning

This company is currently Unproved. Please be cautious of the potential risks!

What are the differences in regulations for each ?

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

Regulated

Recommended

FBS

(43 Reviews)

foundedIn Australia

2009

(16 Years)

Security Information:

IFSC

CySEC

ASIC

Security Information

Warning

This company is currently Unproved. Please be cautious of the potential risks!

What are the differences in regulations for each ?

Regulated

Recommended

FBS

(43 Reviews)

foundedIn Australia

2009

(16 Years)

Security Information:

IFSC

CySEC

ASIC

Warning Report

Warning Report is a record of alerts about trading activities, account management, or compliance issues. It helps you keep track of potential risks or problems in your trading account.

Close

Mar 12, 2024

This broker is closed.

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News

TrustFinance Intelligence Agency

Research date: Aug 14, 2025

The website discusses fake Forex brokers operating in Australia, detailing various fraudulent companies and their deceptive practices. It highlights the importance of verifying broker legitimacy, regulatory compliance, and recognizing red flags that indicate scams. The article provides a blacklist of identified scam brokers, their operational issues, and the regulatory framework in Australia that aims to protect investors. Additionally, it offers guidelines on how to choose a trustworthy broker and emphasizes the risks involved in Forex trading.

The website discusses fake Forex brokers operating in Australia, detailing various fraudulent companies and their deceptive practices. It highlights the importance of verifying broker legitimacy, regulatory compliance, and recognizing red flags that indicate scams. The article provides a blacklist of identified scam brokers, their operational issues, and the regulatory framework in Australia that aims to protect investors. Additionally, it offers guidelines on how to choose a trustworthy broker and emphasizes the risks involved in Forex trading.