FastBull BrokersView
Sign In

AssegAi FX

Save

Operating status: SCAM

Website: https://assegaifx.co.za/

Broker violations and abnormal records
  • Dec 29, 2025 BrokersView has found that AssegAi FX appears to be a scam

    AssegAi FX claims to operate as a trading name of AssegAi FX (Pty) Ltd, a company registered in South Africa, and further states that it acts as a juristic representative of Elite Financial Services (Pty) Ltd, an entity licensed and regulated by the Financial Sector Conduct Authority (FSCA).

    While we were able to locate Elite Financial Services (Pty) Ltd in the FSCA’s official register, the regulator does not publicly disclose authorized trading names, associated websites, or a comprehensive list of juristic representatives. More importantly, AssegAi FX itself is not directly regulated by the FSCA, and there is no evidence to substantiate its representation rights. Given these inconsistencies, we believe the broker’s claims are likely fabricated.

    Therefore, we consider AssegAi FX as a scam broker.

    AssegAi FX claims to operate as a trading name of AssegAi FX (Pty) Ltd, a company registered in South Africa, and further states that it acts as a juristic representative of Elite Financial Services (Pty) Ltd, an entity licensed and regulated by the Financial Sector Conduct Authority (FSCA). While we were able to locate Elite Financial Services (Pty) Ltd in the FSCA’s official register, the regulator does not publicly disclose authorized trading names, associated websites, or a comprehensive list of juristic representatives. More importantly, AssegAi FX itself is not directly regulated by the FSCA, and there is no evidence to substantiate its representation rights. Given these inconsistencies, we believe the broker’s claims are likely fabricated. Therefore, we consider AssegAi FX as a scam broker.

Related Complaints

Q&A

Hi, I came across this South African broker, AssegAi FX. Could you pls check it out?

Alaa Kitaeva
South Africa
Dec 30, 2025
ANSWER Dear Investor, AssegAi FX claims to operate as a trading name of AssegAi FX (Pty) Ltd, a company registered in South Africa, and further states that it acts as a juristic representative of Elite Financial Services (Pty) Ltd, an entity licensed and regulated by the Financial Sector Conduct Authority (FSCA) in South Africa. While we were able to locate Elite Financial Services (Pty) Ltd in the FSCA’s official register, the regulator does not publicly disclose authorized trading names, associated websites, or a comprehensive list of juristic representatives. Crucially, AssegAi FX (Pty) Ltd does not appear among the officially recorded representatives linked to Elite Financial Services in the FSCA database. This means we cannot independently verify AssegAi FX’s claimed affiliation with the licensed firm. More importantly, AssegAi FX itself is not directly regulated by the FSCA, and there is no evidence to substantiate its representation rights. Given these inconsistencies, we believe the broker’s claims are likely fabricated. Therefore, we continue to classify AssegAi FX as a suspicious or potentially fraudulent trading platform and strongly advise you to avoid engaging in any transactions with this entity.
See more

comments

Be the first to review.
Rate and Review

Your review

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.