Reported as a scam / unregulated
Why F1FX is on the register
F1FX claims to be owned and operated by KEB Prosperity (PTY) LTD, a South Africa Investment Firm authorized and regulated by the Financial Sector Conduct Authority (FSCA) with FSP license number: 50963. When we searched in FSCA, we do find a match result to KEB Prosperity (PTY) LTD. But as per the details shown on the FSCA, KEB Prosperity (PTY) LTD does not have any representatives and has no authorization to provide derivative investments. That means neither KEB Prosperity (PTY) LTD nor F1FX can do forex. F1FX is not overseen by any regulators to do forex. Investors’ funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.