Reported as a scam / unregulated
Why IsandisoFX is on the register
IsandisoFX claims to be operated by Isandiso Sethu Investments (Pty) Ltd., which is registered in South Africa. The company used to assert to hold the FSP number 52985 issued by the Financial Sector Conduct Authority (FSCA). However, we have found that the the FSCA has withdrawn their authorization to Isandiso Sethu Investments (Pty) Ltd. This means the broker is not supervised by any financial regulators. In essence, IsandisoFX is not regulated by any governing body. Entrusting it with investors’ funds is highly risky, as there are no legal protections in place to safeguard the funds. IsandisoFX appears to be 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.