FSCA
Financial Sector Conduct Authority (South Africa)
ProperFX is authorized and regulated as a Financial Service Provider (FSP) from the Financial Sector Conduct Authority (FSCA) in South Africa, under the licence number 49045
FSCA is an independent institution established by statute to oversee the South African non-banking financial services industry. It regulates the Johannesburg Stock Exchange (JSE), the largest exchange in the African continent.
Questions & Answers
01Is ProperFX regulated?
ProperFX (PTY) LTD is a Financial Services Provider in South Africa under registration 2017/404327/07 and regulated by the Financial Sector Conduct Authority (FSCA) under license number 49045 with a registered office address at office 1215 The Leonardo 75 Maude Street Sandton Gauteng, Johannesburg, 2196, South Africa.
02In which countries is ProperFX regulated?
ProperFX is regulated in various countries across different continents. Financial Sector Conduct Authority (FSCA) in South Africa.
03What is the difference between a regulated broker and an unregulated broker?
The main difference between a regulated broker and an unregulated broker lies in the oversight and compliance with legal and financial standards required by governmental or independent authorities.
A regulated broker is licensed to operate within a specific jurisdiction, or from a country with which there is a mutual regulatory agreement, ensuring the broker is adhering to a set of predefined rules, laws, and protection measures for traders and investors. This licensing shows that a recognized regulator is monitoring the broker's activities to make sure the broker follows fair trading practices.
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Disclaimer:
Legal Information: ProperFX (PTY) LTD is a Financial Services Provider in South Africa under registration 2017/404327/07 and regulated by the Financial Sector Conduct Authority (FSCA) under license number 49045 with a registered office address at office 1215 The Leonardo 75 Maude Street Sandton Gauteng, Johannesburg, 2196, South Africa.
$Clients must be at least 18 years old to use the services of ProperFX (Pty) Ltd
$High Risk Warning: $Trading Contracts for Difference (CFDs) on margin carries a high level of risk and may not be suitable for all investors. Before deciding to trade CFDs, you should carefully consider your trading objectives, level of experience and risk appetite. It is possible for you to sustain losses that exceed your invested capital, and therefore you should not deposit money that you cannot afford to lose. Please ensure you fully understand the risks and take appropriate care to manage them.
This site contains links to websites controlled or offered by third parties. ProperFX (Pty) Ltd. has not reviewed and hereby disclaims no responsibility for any information or materials posted at any of the sites linked to this site. By creating a link to a third party website, ProperFX (Pty) Ltd. does not endorse or recommend any products or services offered on that website. The information contained on this site is intended for informational purposes only. Therefore, it should not be regarded as an offer or solicitation to any person in any jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it would be unlawful to make such an offer or solicitation, nor regarded as recommendation to buy, sell or otherwise deal with any particular CFD trade. If you are not sure about your local CFD trading regulations, then you should leave this site immediately.
$You are strongly advised to obtain independent financial, legal and tax advice before proceeding with any CFD trade. Nothing on this site should be read or construed as constituting advice on the part of ProperFX or any of its affiliates, directors, officers or employees.
$Regional Restrictions: $ProperFX (Pty) Ltd. does not currently provide services to clients of US nationality. Please note that this list is subject to change based on regional and international regulations and is not exhaustive. Additionally, ProperFX (Pty) Ltd. does not provide services to residents of the EU and EEA.
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