Review summary
FXSI, operating under the entity name Zivalea (Pty) Ltd, is a relatively new market participant with 1-2 years of operational history, registered in South Africa. According to WikiFX data, the broker's FSCA Derivatives Trading License (Number 54231) holds an 'Unverified' regulatory status, indicating it is not currently authorized to provide financial services to the public. The entity's business scope has been flagged for review, raising significant questions about its operational legitimacy. The broker offers five account tiers (Basic, Silver, Gold, Platinum, VIP) with a standard maximum leverage of 1:200 and entry conditions ranging from $250 to $500,000. All accounts permit scalping, hedging, and Expert Advisors, with Islamic swap-free options available on higher-tier accounts. Despite these features, the core WikiFX assessment score of 1.23 reflects severe concerns, primarily driven by a complete absence of credible regulatory oversight and a zero rating across both regulatory and risk control indices. This profile presents a high-risk proposition for traders due to its unverified regulatory standing and the unresolved questions surrounding its business scope. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-06)
