PBFX Review — Overview
PBFX is a forex & CFD broker based in Australia, established in 2020. On Trust Broker Hub it holds a Trust Score of 4.8 out of 10, which we rate as Fair — above the industry average of 3.3/10. Mixed profile — check regulation and conditions before depositing.
Crucially, PBFX is regulated by FSPR and ASIC, 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.
PBFX provides access to Forex, stock, commodities, oil & gas. Published conditions include leverage up to 1:1000. No complaints are currently on record. Overall, PBFX has a mixed profile: check its regulation and conditions carefully before depositing.
Trust score breakdown
How is this calculated?Trust Score history
PBFX currently scores 4.8/10. 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
- Always verify the licence directly before depositing
Regulation
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, stock, commodities, oil & gas, cryptocurrencies |
| Minimum deposit | Not disclosed |
| Maximum leverage | 1:1000 |
| Typical spread | Not disclosed |
| Platforms | Not disclosed |
| Demo account | Available ($10,000 virtual fund) |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on PBFX
A mixed risk profile
PBFX holds a tier-1 regulatory licence among its 2 registrations (FSPR, ASIC). Based in Australia, it has been operating for about 6 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 4.8/10 — a mixed profile.
- Authorised by a tier-1 regulator (FSPR, ASIC)
- Holds 2 regulatory licences across multiple jurisdictions
- Operating for 6 years
- No complaints on record with us
- Very high leverage available (1:1000) — amplifies risk
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
PBFX — Questions & Answers
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