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Broker profile

EX

Exchange4Free Review: Is It Legit and Regulated?

E4F Forex Pty Ltd

ZA Since 2008
AKA E4F

FindMyFX score

high risk

4.5/10

0 Score out of 10 10
Independent assessment Updated 2026-07-25

Contact & regulation

Official website
exchange4free.co.za
Address
4th Floor, Eastgate Office Towers, 43 Bradford Road, Bedfordview 2007, South Africa
Contact
4th Floor, Eastgate Office Towers, 43 Bradford Road, Bedfordview 2007, South Africa
Primary license
FSCA · Unverified

Missing values mean the information has not been verified or published yet—not that the broker does not provide it.

Quick verdict

Is Exchange4Free legit and regulated?

FindMyFX has license records for Exchange4Free, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.

This is a source-limited research summary, not a safety guarantee or investment recommendation.

Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.

Broker-provided company information

South African foreign-exchange intermediary focused on currency conversion and international money transfers.

Professional broker overview

FindMyFX editorial summary

E4F Forex Pty Ltd operates Exchange4Free as a South African FX and international-transfer service and states FSP number 47434 in its terms. The official site covers 96 currencies and EFT-funded transfers, but it does not present a leveraged retail forex account, maximum leverage or a typical major-pair spread.

Prepared from reviewed sources for informational purposes. This is not investment advice.

Editorial note: The reviewed licence evidence is from the operator's official terms rather than a directly opened entity-level FSCA record; staff should verify the current licence scope.

Operational status
active
Broker type
unknown
Execution model
FX order and international-payment intermediary using authorised dealer banking arrangements.
Support hours
Not verified

Support languages: English

Documented advantages

  • Official terms identify the legal entity, company number and FSP number.
  • The official site publishes currency coverage and transfer procedures.

Documented limitations

  • No leveraged retail trading account, maximum leverage or typical major-pair spread was established.
100%coverage

Published profile coverage

8 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.

Company structure

Legal entities

Registered companies associated with this broker profile.

1 entity

E4F Forex Pty Ltd

Primary
ZA 2014/115191/07

Markets and instruments

Foreign exchange

unverified

international money transfers

unverified

Deposit and withdrawal methods

EFT bank transfer

unverified

Deposit: Yes · Withdrawal: Yes

Usually 24-48 hours for overseas payment after funding; timing varies by country. · Fee not shown

Licenses and regulators

FSCA

47434

unverified

Last verified: Not shown

Type: Financial services provider
Client class: Not shown
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown

Score components

Regulation and licenses

5.0/10 · 35%

Official terms state FSP 47434, but a direct entity-level FSCA register record was not opened.

Security and track record

5.0/10 · 20%

Current official service and terms pages support operations, but no comprehensive enforcement-history review was completed.

Trading conditions

5.0/10 · 15%

Currency coverage and transfer mechanics are published, while leveraged trading terms and typical spreads are absent.

Company transparency

7.5/10 · 10%

Official terms disclose the legal entity, registration number, FSP number and FX-order process.

Service quality

2.5/10 · 10%

Official telephone and service timing are published, but no verified service-quality dataset was reviewed.

Verified user reviews

0.0/10 · 10%

No inspectable verified user-review dataset was identified in the reviewed official or regulatory sources.

Profile update history

Broker profile was published.

2026-07-24

Related regulated broker profiles

These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.