Review summary
FXGlobe Markets, operating under the entity name APLFX (PTY) LTD, is a broker registered in South Africa with an operational history of 2 to 5 years. While it holds a claimed Financial Sector Conduct Authority (FSCA) Derivatives Trading License, this license is listed as 'Unverified', and the broker currently holds no valid, authoritative forex trading licenses. According to WikiFX data, its business scope is flagged as suspicious. WikiFX assessment indicates a low aggregate score of 1.46, reflecting significant concerns across regulatory, risk control, and licensing metrics. The broker provides access to MetaTrader platforms and offers a range of live accounts with minimum deposits starting at $250 for the STANDARD account and going up to $3000 for its RAZOR PLUS tier, all supporting Expert Advisors and scalping strategies. Public exposure from users highlights issues regarding the broker's regulatory credibility and operational transparency. Prospective traders should exercise caution due to the complete absence of credible financial oversight and client protection mechanisms typically afforded by regulated entities. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-05)
