FSCA — South Africa
MAXIFY GROUP (PTY) LTD
Regulated · No. 54512
MaxiFyfx Forex Review — Overview
Regulation
Tier-1 regulated
Licence
FSCA · No. 54512 • FCA
Licence status
Regulated
Instruments
Forex, metals, energy, stocks
Operating
Est. 2023
Main market
IQ
Entity
MAXIFY GROUP (PTY) LTD
Website
Unknown
MaxiFyfx Forex is a forex & CFD broker based in South Africa, established in 2023. On Trust Broker Hub it holds a Trust Score of 4.6 out of 10, which we rate as Fair — below the 5.3/10 average for brokers that hold a verified licence. Mixed profile — check regulation and conditions before depositing.
Crucially, MaxiFyfx Forex is regulated by FSCA and FCA, including at least one tier-1 regulator. Tier-1 regulation is the strongest sign of legitimacy: it normally requires segregated client funds, regular audits and access to a compensation scheme if the broker fails — meaningful protection for your money.
MaxiFyfx Forex provides access to Forex, metals, energy, stocks. Its detailed trading conditions — minimum deposit, spreads and maximum leverage — are not publicly disclosed, which lowers transparency. No complaints are currently on record. Overall, MaxiFyfx Forex has a mixed profile: check its regulation and conditions carefully before depositing.
Trust score breakdown
How is this calculated?
Weighted total
6.56
Data completeness
4 of 10 facts verified
40% ×0.70
Trust Score
4.6 / 10
Trust Score history
MaxiFyfx Forex currently scores 4.6/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- Regulated by a tier-1 authority
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- Trading conditions and fees not publicly disclosed
- Always verify the licence directly before depositing
Regulation
Tier 2 · Mid
Verified
FCA — United Kingdom
MAXIFY GROUP (PTY) LTD
Licence
Tier 1 · Top
Verified
Offshore (tier-3) regulators typically have lower capital requirements and no compensation scheme. Funds may not be protected if the broker fails.
Trading conditions
| Instruments | Forex, metals, energy, stocks, indices, CFDs |
| Minimum deposit | Not disclosed |
| Maximum leverage | Not disclosed |
| Typical spread | Not disclosed |
| Platforms | Not disclosed |
| Demo account | Not disclosed |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on MaxiFyfx Forex
Our analysis · editorial
4.6/10
A mixed risk profile
MaxiFyfx Forex holds a tier-1 regulatory licence among its 2 registrations (FSCA, FCA). Based in South Africa, it has been operating for about 3 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 4.6/10 — a mixed profile.
Strengths
- Authorised by a tier-1 regulator (FSCA, FCA)
- Holds 2 regulatory licences across multiple jurisdictions
- No complaints on record with us
Watch-outs
- Always confirm the licensed entity covers traders in your country
Bottom line: Proceed with caution: start with a small deposit and test a withdrawal early.
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
User reviews
5 0
4 0
3 0
2 0
1 0
MaxiFyfx Forex — Questions & Answers
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Complaints & alerts
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag MaxiFyfx Forex here if that changes.
Full specifications
Regulated region
South Africa
Operating period
2-5 years
Main market
IQ
Licensed entity
MAXIFY GROUP (PTY) LTD
License status
Regulated
Instruments
Forex, metals, energy, stocks, indices, CFDs
Year founded
2023
Frequently asked
Is MaxiFyfx Forex a safe broker?
MaxiFyfx Forex scores 4.6 / 10 on our Trust Score, below the 5.3 average for brokers that hold a verified licence. It holds tier-1 regulation, which offers strong investor protection. It has no complaints on record with us. Trade only with funds you can afford to lose.
How is the MaxiFyfx Forex trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top. Read our methodology.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from MaxiFyfx Forex?
MaxiFyfx Forex doesn't publish detailed withdrawal terms, so we can't verify processing times or fees. Test with a small amount first and document every transaction.