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iFX Brokers: fines and regulatory action

The table covers every licensed company in the iFX Brokers group: the regulator searched at each one, what the search turned up and the date it was run. Links open the regulator’s own section, or the decision itself where there is one.

The search runs across the whole group. A decision against a sister company does not apply to the entity that opens your account, but it stays on the group’s record.

Clients in this region are served by iFX Brokers Holdings (Pty) Ltd under licence FSCA FSP 48021.

Checked on August 1, 2026

SourceEntityWhat came back
FSCASouth AfricaiFX Brokers Holdings (Pty) LtdFSP 48021serves this region
  • November 2022fine50,000 ZARAn administrative penalty of R50,000 for operating as an over-the-counter derivative provider (ODP) without authorisation, in breach of section 2 of the ODP Regulations and section 111(1) of the Financial Sector Regulation Act 2017. Order 531/2022, payable within 30 days.Document
  • FSCASouth Africa
    iFX Brokers Holdings (Pty) LtdFSP 48021serves this region
    • November 2022fine50,000 ZARAn administrative penalty of R50,000 for operating as an over-the-counter derivative provider (ODP) without authorisation, in breach of section 2 of the ODP Regulations and section 111(1) of the Financial Sector Regulation Act 2017. Order 531/2022, payable within 30 days.Document
How to read the table. A row with no records means our search of that regulator’s publications on that date came back empty. That is not confirmation of a clean record: a decision lands years after the conduct it concerns, and regulators differ a lot in how much they put on the public record. Any row can be rechecked through its link.