PrivateFX Review

PrivateFX Information

Name PrivateFX
Brand Logo PrivateFX logo
Website URL
Creation Date 2015
Cysec Regulated red tick scam
Regulated by other authorities IFSC Regulated
Our Verdict CAUTION



PrivateFX Details

PrivateFX is a forex and  binary options broker founded in 2015. They are owned by Private Innovative Society Limited & FIBY Solutions LTD.  Their address is LV- 1082, Gunara Astras Iela 8b, Riga, Latvia.

Their support email address is [email protected] Their phone number is +37166065757 / +74997031709.

PrivateFX offers a variety of financial assets to their traders and a wide range of option types and expiry times. The minimum deposit is $10.


PrivateFX scam


PrivateFX Regulation


What we look for in binary option brokers to determine if they are a LEGIT broker or a scam broker is very simple. Are they licensed by a serious regulation body such as the Cyprus Securities and Exchange Commission (CySEC) ?

PrivateFX is NOT regulated by the CySEC.

However, PrivateFX is licensed and regulated by the IFSC.

When you pick a binary options broker it is always important to check their regulation status in order to find a valid licence. Otherwise, you better stay away from it.


While PrivateFX  is regulated by the IFSC, you should be cautious or even use one of our top regulated brokers below instead.



You have been scammed by this broker ?

Claim a chargeback now !


Don’t panic. There is actually a way to recover your funds thanks to a group of experts who are able to give you a more effective way to fight back to recover your money after being scammed.

However, you can only start a chargeback process under certain conditions :

  • you deposited the funds to the broker by credit card or debit card and the deposit amount is over $3,000.
  • you deposited the funds to the broker by bank transfer and the deposit amount is over $20,000.

Start a new chargeback process and get your money back by clicking the button below.


Get A Chargeback



BinaryScamAdvisor experts are committed to providing you with the best trading advises If you are looking for a safe and regulated brokers, BinaryScamAdvisor recommends that you try one of our top brokers below


Trading binary options is prohibited in the following countries :


Overall Rating Visit Now


  • #1 Regulated Broker - CySEC Licence
  • $10 Minimum Deposit
  • Maximum Return 92% (On winning trades)
  • Assets : 70+

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General Risk Warning: The financial products offered by the company carry a high level of
risk and can result in the loss of all your funds.