Overall Score20 / 100The Wikilix trust rating of PBFX, out of 100, built from the five factors below.Our investigation confirmed it is a scam, and it copies another firm's identity or sits on a regulator's warning list.Regulation0%Identity45%Client terms50%Trading offer66%Service26%Score last calculated 2026/10/26
Do not trustBelow 35, or a stop sign applied: a confirmed or likely scam, or a copied identity. Keep your money away.Why: Our investigation confirmed it is a scam, and it copies another firm's identity or sits on a regulator's warning list.
20 out of 100 · 77% checkedThe share of the record we could verify. What we could not check counts as unknown and pulls the score toward the middle, never down.
Do not trust
High risk
Fair
Good
Excellent
Our investigation confirmed it is a scam, and it copies another firm's identity or sits on a regulator's warning list.
Capped at 20 · Confirmed scam
We checked PBFX on 2026-10-26 across its regulation, company record, client terms, trading offer and service, and could verify 77% of its record. It holds no valid licence: every licence we knew of has ended or could not be found on its register. The score was held at 20 because our investigation confirmed it is a scam, and 1 more limit also applied. What would move the score: policy risk, critical clauses, withdrawal rails. Our published investigation found it is a confirmed scam, with 8.2 years of track record. Its client terms have not been reviewed yet.
Score last calculated 2026/10/26
Regulation
Is someone watching them?
0out of 100
Poor
Counts for 35% of the score100% checked
What we checked
Best licence in force0
VFSC not found on the register · Oct 9, 2026
Regulator protections0
No regulator in force to protect clients
Licence held by the onboarding entity0
No licence in force to hold
Extra licences in force0
No licence in force
What this measures
Whether a financial authority supervises this broker: the licences it holds, whether we verified them on the official register, how strong that regulator is and what protection it gives clients. Worth 35 points of 100.
Identity
Who is behind it, and for how long?
45out of 100
Poor
Counts for 15% of the score100% checked
What we checked
Registry-verified entity0
No registered entity recorded · Oct 9, 2026
Verified age93
Verified track record 8.2 years · Oct 9, 2026
Transparency10
Scam check identity transparency 9/10 · Oct 9, 2026
Site integrity100
Website reachable and not redirecting · Sep 10, 2026Source
What this measures
Who is behind it and for how long: a company registration we verified, years of verified history, how openly it names its entity, address and owners, and whether its website is intact. Worth 15 points.
Client terms
Are the client terms fair?
50out of 100
Fair
Counts for 15% of the score13% checked
What we checked
Policy riskNot checked yet
No published policy review
Critical clausesNot checked yet
No published policy review
Withdrawal rails50
7 rail(s): 7 fee-free of 7 known, 0 instant of 7 known, minimum unknown · Dec 22, 2025
Language parityNot checked yet
No published policy review
What this measures
How fair the client agreement is: the risk found in our policy review, the number of critical clauses, withdrawal rules, and whether the terms say the same in every language. Worth 15 points.
Trading offer
What does trading cost, and is it disclosed?
66out of 100
Good
Counts for 20% of the score55% checked
What we checked
All-in EURUSD costNot checked yet
No EURUSD spread known
Pricing disclosed per account type100
6 of 6 pricing cells filled across 2 account type(s) · Dec 22, 2025
Instrument breadthNot checked yet
No instrument counts known
Platforms75
1 platform(s) (MetaTrader 4) · Dec 22, 2025
Leverage vs regulated cap20
Maximum leverage 1:1000 · Dec 22, 2025
Minimum deposit100
Minimum deposit $10 · Dec 22, 2025
What this measures
What trading costs and how clearly it is disclosed: pricing per account type, the all-in cost of EURUSD, instruments, platforms, leverage against regulated limits and the minimum deposit. Worth 20 points.
Service
How do they treat clients?
26out of 100
Poor
Counts for 15% of the score90% checked
What we checked
Fund-integrity complaints20
Scam check withdrawal complaints 8/10 · Oct 9, 2026
Support channels33
2 of 6 support checks (phone, email, 24/7 chat, 2+ languages, messenger, complaints email) · Oct 9, 2026
Reputation footprint10
Scam check reputation 9/10 · Oct 9, 2026
WIKILIX communityNot checked yet
0 approved review(s), fewer than 10
What this measures
How clients are treated: support channels, complaints about withdrawals and reputation from our investigation, and reviews by WIKILIX members. Worth 15 points.
92%Scam riskScam risk is our overall estimate that this broker is unsafe, from 0% (safe) to 100% (almost certainly a scam). It blends the six risk areas below, weighted by how strong the evidence is. Higher means riskier.
Confirmed scamOur overall call, based on the evidence we could verify. From safest to worst: Appears legitimate, Insufficient evidence, High risk (unverified), Likely scam, Confirmed scam. A separate "Not a broker" verdict is used when it does not really offer trading.Confidence: HIGHHow sure we are of this verdict, based on how much solid, checkable evidence we found. Shown as Low, Medium or High.Possible cloneThis broker may be copying the name or branding of a different, often regulated firm to look trustworthy. Treat it with extra caution.
1.5/5Safety rating 1.5 out of 5
The Wikilix safety rating, from 1 to 5 stars. It mirrors the scam risk (5 = safest, 1 = riskiest), so a higher risk percentage means fewer stars.
Yes. PBFX (pribizco.com) appears to be a scam, and we assess the risk of fraud as high. New Zealand's Financial Markets Authority has published a public warning that pribizco.com and its sister site…
Risk scorecard · each area scored 0 (clean) to 10 (worst)
Regulation10/10 · CriticalIs it overseen by a strict, well-known financial regulator? Offshore-only or missing licences score higher.Scored 0 (clean) to 10 (worst). This area is 10/10 (Critical).Identity & transparency9/10 · CriticalHow openly it shows who and where it is (legal entity, address, owners). Hidden details score higher.Scored 0 (clean) to 10 (worst). This area is 9/10 (Critical).Withdrawals & conduct8/10 · CriticalCredible reports of clients being unable to withdraw their money. More such reports score higher.Scored 0 (clean) to 10 (worst). This area is 8/10 (Critical).Reputation9/10 · CriticalWhat independent reviews, regulators and watchdogs say about it. A poor track record scores higher.Scored 0 (clean) to 10 (worst). This area is 9/10 (Critical).Website claims9/10 · CriticalWhether the site claims (awards, years active, licences) actually check out. False claims score higher.Scored 0 (clean) to 10 (worst). This area is 9/10 (Critical).Operational history5/10 · ModerateHow long and how consistently it has genuinely operated. Brand-new or murky history scores higher.Scored 0 (clean) to 10 (worst). This area is 5/10 (Moderate).
Editorial review
Updated
Broker Summary
What Wikilix has recorded about PBFX: its history, the licences it holds, its trading conditions and its fees.
Introduction
With the rapidly evolving nature of online trading, brokers offering comprehensive platforms with access to a range of financial instruments and competitive trading conditions have become highly desirable. PBFX aims to be a complete solution for the growing number of traders interested in Forex, Commodities, Indices, Cryptocurrencies, and many other Asset classes. To achieve this goal, PBFX focuses on providing traders with unparalleled access to deep liquidity pools and advanced trading technology, catering to both beginners and experienced traders.
While PBFX offers a diverse range of tradable assets and services, potential customers should exercise caution when using the broker due to regulatory risks and a lack of transparency regarding several aspects of the business. This article provides an in-depth overview of PBFX's background, services, trading conditions, regulatory status, and overall reputation in the online market.
History and Background
PBFX is an online trading services company that specializes in derivatives of financial markets, such as stock indices, funds, insurance products, commodities, Contracts for Difference (CFDs), and Forex margin trading. By the end of 2017, PBFX had established offices and agency operations within 6+ countries: New Zealand, China (PRC), Malaysia, Thailand, Indonesia, Vietnam, and Singapore. The company's global reach indicates its commitment to serving a diverse range of international customers.
Although it is established in many parts of the world, little is known about when or how PBFX was founded, and no specific information is available about its founders. The information available regarding the company up to 2017 indicated that it had placed strong emphasis on expanding its presence in the Asia-Pacific region; however, since then, there have been no significant updates on further expansion or development of its business operations.
Services/Offerings
PBFX enables its clients to trade multiple asset types (including Forex currency pairs, Stocks, Commodities, Oil & Gas, Cryptocurrencies, CFDs, Futures, Indices, Precious Metals, Energies, etc.) from a single account. This feature is particularly beneficial for traders who wish to diversify their investment portfolios and obtain exposure to many different Asset Classes.
A key advantage of using PBFX is the combination of access to Deep Liquidity Pools and the company's Intelligent Order Routing technology. The Intelligent Order Routing system aggregates the best available bid and ask prices from multiple sources to provide traders with a low-cost, high-quality trading experience with low spread and execution. PBFX also provides access to Programmatic Transactions, which allow algorithmic traders to fully automate their trading strategies.
Supported Instruments
Asset Class
Examples
Forex
Major and minor currency pairs
Stocks
Global stock CFDs
Commodities
Oil, gas, precious metals
Cryptocurrencies
Crypto CFDs (no wallets)
Indices & Futures
Major global indices and futures contracts
Regulatory Compliance and Licensing
When selecting a trading broker, regulatory oversight should be a key factor. PBFX has claimed to be registered with two regulatory authorities: The New Zealand Financial Service Providers Register (FSPR) and the Australian Securities & Investment Commission (ASIC). Unfortunately, both represent only a basic level of registration, not a full regulatory license; therefore, they provide very limited protection for investors.
In addition to being registered with the FSPR and ASIC, the New Zealand Financial Markets Authority (FMA) recently issued a warning regarding PBFX's associated websites, and . The warning states that PBFX is promoting profitable schemes via WeChat, often advertised to unsuspecting clients with false promises. In addition to the FMA warning, PBFX has appeared on multiple scam detection lists, raising serious doubts about its validity.
Regulator
License Number
Status
New Zealand Financial Service Providers Register (FSPR)
551686
General Registration (Limited Protection)
Australian Securities & Investment Commission (ASIC)
269820
General Registration (Limited Protection)
Trading Conditions and Platform Technology
PBFX provides competitive trading conditions, designed to attract investors. PBFX offers two types of trading accounts, ECN and Standard, with different trading parameters and spreads, and a maximum leverage of 1:1000. The minimum account opening amount is $100, which is very low and suited to beginner traders. PBFX uses MT4 (MetaTrader 4) as its main trading platform, a widely accepted and established platform in the marketplace. In addition to the desktop version, MT4 supports EAs and custom indicators, and is available on Apple devices and Android devices. PBFX also provides a mobile application and tools that allow traders access to deep liquidity pools for rapid execution, improving the trading experience.
Intelligent order routing with deep liquidity access
Programmatic Trading
Supports automated trading strategies
Fee Structure
PBFX offers a relatively straightforward fee structure, with no deposit or withdrawal fees for up to three transactions per month. Multiple payment gateways are supported, and processing times range from one to five working days. There is no stated limit on withdrawal amounts, which provides flexibility for traders managing their funds.
However, detailed information on commissions beyond the zero commission on oil and gas CFDs is not publicly available. Some sources mention wide spreads and a lack of transparency regarding other fees, which may be a drawback for cost-conscious traders.
Fee Type
Details
Deposit Fees
3 free deposits per month; no fees specified
Withdrawal Fees
3 free withdrawals per month; no fees specified
Commission
0 on oil & gas CFDs; other commissions not disclosed
Other Fees
Not specified; some reports of wide spreads
User Experience and Market Reputation
Traders benefit from a number of benefits with PBFX, such as a variety of Investment instruments offered for trading, use of a demo account that provides you with virtual funding of $10,000 dollars to test the services before making a commitment, low initial deposit requirement, and a 24-hour-a-day, five-day-a-week live chat support team. Additionally, PBFX's choice of MetaTrader 4 as its primary trading platform adds greater appeal due to its large user base, excellent features, and flexibility.
However, the lack of firm oversight of PBFX's regulatory status (through a general registration) means there's little investor protection. Reports indicate that PBFX also has wider spreads than many other brokers, and there is limited transparency about its commission structure and accepted deposit methods (payment options). Furthermore, PBFX's education resources are minimal, which may prevent beginning traders from developing their skills as quickly.
Furthermore, PBFX is now listed on the New Zealand Financial Markets Authority's "Scam Alert" watch list due to reports of guaranteed profits and questionable advertising practices. There are also a few positive reviews of PBFX online, which raises concerns about the integrity of this broker.
New Developments
At this time, no major development updates have been released by PBFX for 2024 or 2025. Recent developments from PBFX concern regulatory warnings and scam alert notifications issued by the New Zealand Financial Markets Authority and other entities. Such regulatory warnings should serve as a caution to anyone considering doing business with PBFX.
PBFX grew from inception to 2017, but there is currently no new information indicating either continued growth or improvements in regional compliance since then.
Conclusion
PBFX offers a range of products, including many trading instruments, and allows traders to take advantage of competitive trading conditions by utilizing the well-known MetaTrader platform. Additionally, PBFX has access to vast liquidity and the ability to use algorithmic trading, both of which are benefits for active traders. However, the company's limited regulatory registration, lack of transparency regarding fees and the commission structure, and significant warnings from regulatory agencies regarding PBFX's integrity greatly reduce its credibility.
Potential traders should thoroughly investigate PBFX before opening an account with them. While the potential multi-asset options and technical capabilities may be appealing to traders, the inherent risks associated with PBFX and the associated reputation issues must be considered.
None of the registrations on record for PBFX could be confirmed as a trading licence. Read each licence's record before treating any of them as regulation.
1 of 1 checked
Licences on recordEvery licence or registration recorded for this broker, whether the broker claims it or our check found it.
1
Confirmed on registerLicences we located on the issuing regulator's own public register, with a screenshot taken at the time.
0
Tier 1 or 2Licences from tier-1 or tier-2 authorities (FCA, ASIC, CySEC and peers), the strongest client protection. A registration we could not confirm as a licence is not counted.
0
OffshoreLicences from offshore registers, which typically carry no compensation scheme and lighter oversight.
1
WIKILIX
Licence intelligence
The only licence on file
Licence Verification Record
Vanuatu Financial Services CommissionNo number recorded
Wikilix read the VFSC register on Oct 9, 2026. This is what it said.
Jurisdiction
VanuatuOffshore
Authority strength
Tier 4
Licence type
Retail Forex License
Register status
Not found on the VFSC licensee list; no licence number on record.
Not found on register
Checked Oct 9, 2026
What our check found
A Vanuatu Financial Dealers licence appears on our record, but no number is published and the VFSC licensee list contains no entry for Prime Business, PBFX or Pribizco. The claim could not be substantiated. Client protection: Would be minimal even if real; Vanuatu is a weak offshore regime. Here no licence could be found at all.
Client protection under this licence
No compensation scheme
Complaints routeVFSC Complaints
Maximum leverage1:997
These are the rules VFSC sets for the firms it licenses. They are not a statement about how PBFX applies them, or about which of its companies would hold your account.
A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.
2 account types on record. Minimum deposit from USD 100. Leverage up to 1:1000.
2 account types
Account
Min Deposit
Max Leverage
Commission
ECN
USD 1,000
1:1000
Not specified
Standard
USD 100
1:1000
Not specified
Deposits & withdrawals
Funding Methods
7 ways to fund an account. 7 with no deposit fee.
7 methods
Method
Deposit fee
Withdrawal fee
Min deposit
Withdrawal min / max
Processing
Bank wire transfers (SWIFT)Wire TransferMinimum deposit varies by account type; as low as $10 for some accounts, $100 for standard, $1000 for ECN accounts. No withdrawal limits.
MetaTrader 4 (MT4) is a popular trading platform for Forex and CFDs, offering advanced charting, automated trading via Expert Advisors, and fast, reliable execution.
Details
Websites
Global Domains
4 domains on record. All active and served over HTTPS.
4 domains
www.pribizco.comMain siteActiveHTTPS
www.pbfx.asiaBackupActiveHTTPS
my.pribizco.comClient portalActiveHTTPS
demo.crmpbfx.comActiveHTTPS
Social channels
Social Presence
3 official channels on record.
3 channels
Company registry check
Checked
Company Registration
PBFX names Prime Business Co., Ltd as the operating company. We could not confirm that registration on the registry.
Not confirmed on registry
Legal entity
Prime Business Co., Ltd
Registration number
341014
Jurisdiction
Cayman Islands
Registry
Cayman Islands General Registry (no free public company search)
PBFX provides customer support via phone, live chat during business hours, and email. The support is available in English, and contact details include a Hong Kong phone number and email addresses for general support and customer service.
PBFX offers trading in various regulated financial instruments including Forex, Funds, Options, Derivatives, Binary options, and CFDs. This range provides diverse opportunities for traders across different markets.
The broker offers a maximum leverage of up to 1000:1. This high leverage level allows traders to control larger positions with a smaller amount of capital.
PBFX supports multiple funding methods including bank wire transfers (SWIFT), UnionPay, Tether (USDT), PayTrust88, IDA, MyPay, and MTPAY. Deposits and withdrawals generally have no fees and processing times range from hours to a few days depending on the method. Minimum deposits start as low as $10 depending on the account type.
PBFX offers the MetaTrader 4 platform, which is available for desktop and supports various operating systems including Windows, iOS, Android, and web. MetaTrader 4 is known for advanced charting, automated trading via Expert Advisors, and reliable execution.
Prime Business Co., Ltd (PBFX) holds an onshore license from the Financial Markets Authority (FMA) in New Zealand, which is a tier 2 global regulator. The broker follows strict fund segregation but does not have mandatory client fund insurance. PBFX is prohibited from serving clients in the USA, North Korea, Iran, and other sanctioned countries.
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