Score

1.59 /10
Danger

frontier-markets

South Africa

1-2 years

Questionable Regulatory License

Suspicious Operational Region

High Potential Risk

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Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index0.56

Business Index4.17

Risk Management Index1.84

Software Index4.38

License Index2.69

Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

FRONTIER MARKETS (PTY) LTD.

Company Abbreviation

frontier-markets

Platform registered country and region

South Africa

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2026-11-08
  • This broker lacks valid forex regulation. Please be aware of the risk!
  • The South Africa FSCA license (License No. 53333) claimed by the broker has not been verified. Please be aware of the risks!

WikiFX Verification

Pyramid scheme complaint
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User comment

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Abdel rahim Almzjajy
more than one year
On May 27, 2024, I generated over $115,000,000 in legitimate profits trading AUD/JPY OTC on Pocket Option. The platform operates under Frontier Markets (Pty) Ltd in South Africa (FSCA FSP: 53333) as Pocket Broker. I split profits into MT5 Real ($34.4M), Quick Trading ($34.9M), and Safe ($46.4M). When I requested a $10,000 withdrawal, the company blocked my account and backdated my trade timestamps by one hour to falsely claim a "technical glitch." I escalated the case to FSCA Adjudicator Xhanti Nabi. The company denied any link to Pocket Option. However, I have concrete digital proof of a unified entity: the Pocket Broker domain login block explicitly directs me to "Pocket Option Support," and their official on-site Chatbot automatically routes users to Pocket Option links. This proves Frontier Markets (FSP 53333) is just a licensed front used to lure clients while being managed by an offshore scheme to evade massive debts
On May 27, 2024, I generated over $115,000,000 in legitimate profits trading AUD/JPY OTC on Pocket Option. The platform operates under Frontier Markets (Pty) Ltd in South Africa (FSCA FSP: 53333) as Pocket Broker. I split profits into MT5 Real ($34.4M), Quick Trading ($34.9M), and Safe ($46.4M). When I requested a $10,000 withdrawal, the company blocked my account and backdated my trade timestamps by one hour to falsely claim a "technical glitch." I escalated the case to FSCA Adjudicator Xhanti Nabi. The company denied any link to Pocket Option. However, I have concrete digital proof of a unified entity: the Pocket Broker domain login block explicitly directs me to "Pocket Option Support," and their official on-site Chatbot automatically routes users to Pocket Option links. This proves Frontier Markets (FSP 53333) is just a licensed front used to lure clients while being managed by an offshore scheme to evade massive debts
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2026-11-07 21:27
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