Risk scorecard
Each area is scored 0 (clean) to 10 (worst). Higher means more risk.
Regulation
9/10 · CriticalTook deposits for CFDs with no FSCA authorisation and cited application number 49555 that does not exist on the register.
Identity & transparency
4/10 · ModerateDisclosed a real South African company number, address and LEI, but the address is a serviced office and the entity is now inactive.
Withdrawals & conduct
6/10 · HighFund-integrity complaints across several sources describe blocked withdrawals and voided profits, though first-hand transactional detail is limited.
Reputation
7/10 · HighWidely flagged as a suspected scam by broker-review and complaint sites, with South African loss reports; no credible independent positives.
Website claims
8/10 · CriticalPresented a non-existent FSCA application number to appear regulated and promoted highly profitable trading and a deposit bonus.
Operational history
6/10 · HighCompany and domain date from 2018 but the real operating window was short and it is now defunct, an abandoned deposit-taking site.
Who they are
A quick desk file on the company behind the brand.
- Brand: Cyber FX
- Legal entity: CYBERFX, registered in South Africa, company number 2018/225294/07
- Registered: Business Exchange, Block 4, Office 8, 150 Rivonia Road, Morningside, Sandton, South Africa (a serviced-office address)
- Website: cyber-fx.com (now offline; client area was secure.cyber-fx.com)
- Only licence: None. The site claimed an FSCA application, number 49555, which is not on the FSCA register
- Offers: CFDs on forex, JSE and offshore shares, indices, gold and silver, and cryptocurrencies, plus a deposit bonus
- Not accepted: Not stated
- Age claim: No explicit founding year advertised; both the domain and the company date from 2018
Regulation
Who really oversees this broker, and what each licence is worth to you.
Proof of regulation on an official register: No
We could not confirm this broker on any genuine regulator’s register.
Licences the broker publishes
Financial Sector Conduct Authority (FSCA)
Why we reached this verdict
How the evidence adds up.
We reached Likely Scam because the regulatory picture and the user reports point the same way.
- We searched the FSCA register on 22 August 2026 by number and by name. Number 49555 returns no result, and a name search returns only unrelated firms (Cybersure, Cyber Savvy, ZI Finance). Cyber FX has never been an authorised or even a pending FSP.
- Cyber FX's own company page stated it had merely applied for FSCA 49555 and was awaiting finalisation, while it was already taking deposits and offering CFDs. Offering these products to the South African public without FSCA authorisation is unlawful, and citing a licence number that does not exist on the register is a false regulatory claim.
- Independent broker-review and complaint sources report the same failure: clients could not withdraw, profits were voided through bonus rules, and winning traders were accused of cheating. The money did not come back.
- The operation is now defunct. The site stopped serving real content around 2019, has only redirected since 2021, and the domain no longer resolves. The company is recorded as inactive and its legal identifier has lapsed.
The evidence-based score sits in the high-risk range near 66 percent. Because there is a verified false regulatory claim plus an unlicensed deposit-taking model and a matching fund-return complaint pattern, we place the published figure at 74 percent, inside the Likely Scam band. Confidence is medium: the site is gone, so we relied on archived pages and third-party reports rather than a live test.
Note on operating history: the 8.4-year track record rests on domain registration alone. No company incorporation date could be established, so this is an upper bound rather than a confirmed age.
Evidence ledger
Every finding, with its source and how strongly it points.
E1FSCA register returns no result for FSP number 49555 and no Cyber FX among authorised or pending providers (name search returns only unrelated firms). The claimed licence does not exist.
E2Cyber FX's own company page stated it was registered in South Africa as 2018/225294/07 and had only applied for FSCA 49555, which was awaiting finalisation, while it was already offering CFDs and taking deposits.
E3Global LEI record confirms the legal entity CYBERFX, South African registration 2018/225294/07, Morningside address, with entity status INACTIVE and LEI registration RETIRED.
ModerateGLEIF LEI recordE4Domain cyber-fx.com was registered on 27 March 2018 and its last real site content is archived around 2019, with only redirects since 2021 and no current DNS resolution.
E5Independent reviews and South African users report blocked withdrawals, lost deposits and profits voided by accusing winning clients of cheating, consistent with a withdrawal-trap pattern.
The other side
The strongest case in this broker’s favour.
In fairness, here is the case for caution before condemning.
- Cyber FX used its own real identity, not a stolen one. It disclosed a genuine South African company number, a physical address and a legal identifier. That is more transparency than most pure scams offer.
- Applying for an FSCA licence and waiting is, on its own, a legitimate step. Some firms trade during a transition while an application is processed.
- The complaint material we found is mostly from broker-review aggregators rather than first-hand accounts with amounts, dates and ticket numbers, so the exact scale of losses is not documented.
- The business is defunct, so it is not actively soliciting new deposits today.
These points lower the temperature but do not clear the firm. An application is not a licence, the register shows the cited number never existed, and taking client money for CFDs without authorisation is the core problem regardless of how the identity was presented.
What would change this
What we would need to see to revise the verdict.
We would revise this view if reliable evidence showed any of the following.
- An FSCA record showing Cyber FX (CYBERFX, 2018/225294/07) was in fact authorised as a financial services provider during its operating years.
- Documented proof that clients were paid out in full and that the withdrawal complaints were resolved.
- Evidence that the withdrawal-refusal reports actually concerned a different, name-colliding operation rather than cyber-fx.com.
- An official statement explaining an orderly wind-down with client funds returned.
Check it yourself
Official registers and warning lists. Verify every claim first-hand.
Frequently asked questions
Quick answers about this broker’s safety.
Is Cyber FX a scam?
It shows the hallmarks of one. It took deposits for CFD trading without a licence, claimed a regulator number that does not exist, and left a trail of blocked-withdrawal complaints. We rate it Likely Scam.
Is Cyber FX regulated?
No. It is not authorised by the FSCA, South Africa's financial regulator. The FSCA register shows no entry for Cyber FX and no such licence number 49555. It only ever claimed to have applied.
Can I withdraw my money from Cyber FX?
Users reported that withdrawals were blocked or profits voided, and the platform is now offline. Recovering funds is unlikely without a bank chargeback or regulator involvement.
Is my money safe with Cyber FX?
No. Without a licence there is no client-fund protection, no compensation scheme and no oversight. The company is now recorded as inactive.
Who owns Cyber FX?
It operated as CYBERFX, a South African company registered under number 2018/225294/07, from a serviced office in Morningside, Sandton. Individual owners are not publicly confirmed.
How old is Cyber FX?
The company and the domain both date from 2018. However, the website stopped serving real content around 2019 and the domain no longer resolves, so the active life was short.
What is the FSCA and does Cyber FX have an FSCA licence?
The FSCA is South Africa's Financial Sector Conduct Authority. Cyber FX does not hold an FSCA licence. It cited application number 49555, which does not appear on the FSCA register.
Is Cyber FX a clone of another broker?
No. It traded under its own name, its own domain and its own South African company registration. We found no sign it impersonated a regulated firm.
What should I do if I was scammed by Cyber FX?
Collect your records, ask your bank or card provider about a chargeback, and report it to the FSCA and your local authorities. Avoid paid recovery services that ask for money upfront.
What does Cyber FX offer?
It offered CFDs on forex, South African and offshore shares, indices, gold and silver, and cryptocurrencies, along with a deposit bonus.
Is the Cyber FX website still online?
No. The domain cyber-fx.com no longer resolves. Archived copies from 2018 to 2019 are the only way to see what it claimed.
What should I check before depositing with any broker?
Confirm the licence number on the regulator's own register, check that the licensed entity matches the website, read independent reviews for withdrawal complaints, and never trust a firm that only claims to have applied for a licence.
What we recommend
The practical takeaway from everything above.
Treat Cyber FX as unsafe and do not send it money.
- Do not deposit. The site is offline, the company is inactive and it was never licensed.
- If you already deposited, contact your bank or card issuer about a chargeback and gather all statements, emails and screenshots.
- Report the matter to the FSCA in South Africa and to your local police or financial regulator.
- Ignore anyone who contacts you offering to recover your funds for an upfront fee. That is a common follow-up scam.
- Before using any broker, confirm its licence directly on the regulator's own register.
This is an independent assessment of risk, not a legal ruling. Scores and verdicts follow the Wikilix broker-safety methodology and can change as new evidence appears. Review scores are treated with caution when a broker’s reviews look manipulated. Last reviewed August 22, 2026. If any detail here is out of date or incorrect, or you represent this broker, please contact us.