The brokerage firm claims to be officially registered in South Africa and that the brand is managed by the South African corporation SAIY Financial Group (Pty) Ltd. In addition, the company allegedly operates under a license issued by the local regulator, the FSCA. Despite the presence of a license number on the website, there is no documentary evidence of the project’s legality. This naturally raises the question: can it be considered a reliable trading partner for long-term investments? We’ll uncover the whole truth about RandEdgeFX in our broker review.
How to Trade
The company offers clients CFD trading on its proprietary platforms, RandEdgeFX X and RandEdgeFX X Mobile. Among the key features advertised by the broker are:
- 8 types of trading accounts.
- A minimum deposit of $300.
- A passive income program with an interest rate of 7.6%.
- Leverage of up to 1:200.
- Spreads starting at 0.8 pips.
You can choose to trade assets from 6 categories, including commodities and stocks. However, full terms and conditions — such as trading commissions, swaps, etc. — are disclosed to clients only after registering an account on randedgefx.com.
As additional marketing options, the company promotes cashback programs and referral bonuses. Finally, traders can take advantage of the services of a personal account manager.
RandEdgeFX Vital Info
The broker does not disclose its history or specify the date the project was launched. Meanwhile, the website’s domain was registered as recently as January 2026. Although the parent company, SAIY Financial Group (Pty) Ltd, was officially registered in South Africa in 2022 — as evidenced by the first digits of its registration number, 2022/275436/07.
As for regulation, the company does indeed hold a license from the South African Financial Sector Conduct Authority (FSCA) No. 53029. However, a direct connection to SAIY Group Ltd has been confirmed only unilaterally — on the RandEdgeFX broker’s own website. Is it safe for you to send money to an organization with such an opaque structure?

I’ve never encountered anything like this in my entire trading career. After making a bet with a friend, I decided to switch brokers to see who would have better luck. However, not only did I lose money with RANDEDGEFX, but I also lost the bet. So, they accused me of fraud on the platform and simply blocked my account, without even letting me withdraw the deposit I had honestly made myself. One question: HOW COULD I BE A FRAUDSTER??? The managers never answered that question for me. Naturally, because they don’t even know the answer themselves. They wrote: “We detected suspicious activity on your account and stopped it.”
I trade with several brokers so I don’t lose everything if something goes wrong, and I rarely withdraw money because I rarely need it. I should note that I lost absolutely everything I deposited with Randedgefx. I traded for three months, and then I wanted to treat myself and use that money to go on vacation to Italy. I gathered funds from all my brokers’ accounts, but I couldn’t withdraw $950 from randedgefx.com. At first, they told me to wait five days, and I obediently did so — that’s the standard procedure for withdrawals. Five days passed, but the money still hadn’t arrived. I wrote to customer support, asking what the hell was going on and where my money was — I needed it urgently. There was no response for an entire day; I sent about 10 messages and waited. Finally, they got around to responding, spouting all sorts of nonsense — deposit another $100 into the account, and then everything should work out. I had to wait another 5 days, so I waited. After that came another day of agony and trying to get through to customer support — no answer. They asked me to deposit more money, citing problems with the site — they said delays like this happen, but they’re being fixed. In short, they really were stringing me along. I believed them — fine. I deposited more money, and then they simply blocked my account and wouldn’t let me withdraw a single cent. Supposedly, they did this because of my fraud, which was clearly impossible in my situation.
They advertise great conditions, but in reality, there’s no trading at all! There’s absolutely nothing there - it’s just a made-up picture that has nothing to do with Forex!!! I fell for this scam, so I want to warn everyone: don’t fall for it!!!
Nothing unusual - it’s just a scam 😀 When will this finally end??! As far as I can tell, this African firm operates exactly the same way as all the others. No one there makes any money except the organizers themselves. People write that you can deposit money - they say that the first time, they’ll do a “test withdrawal.” However, you still won’t make any money; in the end, you’ll just end up putting even more money into it. In short, it’s a fraud - that’s all there is to it. Stay away from operators like this. I haven’t tried it myself, but there’s no need - it’s all obvious anyway 😀
I had big plans in the brokerage industry. I stumbled upon RANDEDGEFX — the reviews seemed good. But I never would have imagined that the company writes those reviews itself! It’s just unthinkable! As for negative reviews, they delete them! And I know this for a fact because I left reviews about them several times myself, and the next day they were gone! So there’s not a shred of honesty here! Keep that in mind. RANDEDGEFX doesn’t stand on ceremony with its clients — they froze my account with $3K in it. I’d really like to meet with the CEO in person, but he’s avoiding meetings! And yes, there are reasons for that. After all, I’m far from the only one who wants to punch him in the face and get my money back!
This is a fraud company run by the world-famous Martinus, a South African citizen. Another 200 shell companies are registered under his name. And he has no intention of stopping - I suspect he plans to take over the whole world. I WANT TO WARN EVERYONE: STAY AWAY FROM THIS GUY! THIS IS A SCAM, AND GIVEN THE NUMBER OF COMPANIES HE RUNS, HE KNOWS HOW TO DEFRAUD PEOPLE ON A MASSIVE SCALE! YOU’LL NEVER BE ABLE TO PROVE YOU’RE RIGHT! And you won’t get any profits - or even your own money back! I’ve been trying to withdraw €3,100 for half a year now. However, there’s no doubt about it - I won’t be able to get that money out of RANDEDGEFX. That’s why I want to warn as many people as I can about these scammers!
I lost about $1.7K because of their crappy charts, which are constantly changing and make it impossible to analyze anything properly. And when you contact support about it, they have no explanation. They just say the site is lagging a bit and that’s why this is happening, but don’t worry…… we’ll fix everything. Well, they haven’t fixed anything, even after a month. I sometimes go to randedgefx.com and see the same thing. They’ve just struck gold and are raking in the cash, making you think you have internet issues. The mobile app doesn’t save them from their scams at all. What a joke! withdrawing money is incredibly difficult :( One time they just blocked my account without even explaining why; customer support stopped responding altogether. They canceled literally everything…… They only let me withdraw the amount I’d originally deposited into the account. After spending so much time and going through all of this, I decided I would no longer trade with RANDEDGEFX and wouldn’t give them a chance to cheat me. Later, I read reviews about them AND I should have read them from the very beginning so I wouldn’t fall for the tricks of such dishonest brokers. This is a nightmare, not a company. Don’t even try it, and don’t take the risk. So read these genuine reviews with real stories and don’t fall for scams that seem to come out of nowhere.
This isn’t the best option, given the wide selection of brokers on the market. At least RANDEDGEFX is reliable and always pays out funds. I’m just worried about my capital and don’t want to take unnecessary risks by switching brokers. I withdraw money regularly, but sometimes there are delays, which I’ve already resolved with customer support. They don’t operate 24/7, but they respond quickly during the day and offer practical advice. I’ll say right away that I haven’t withdrawn large sums from my account yet, and sometimes I even end up in the red — but that’s my personal problem and the result of my lack of knowledge about financial markets. Investing works like this: you might get lucky today, but not tomorrow. Nevertheless, I highly value the returns on randedgefx.com, which sometimes exceed those of other brokers. Overall, my opinion is definitely positive; everyone has their shortcomings, but fortunately, this South African company quickly addresses them. Another plus of the platform’s features is the mobile app. I’m not always sitting at a computer — my job requires me to be out of the office often and constantly on the go — so it’s convenient for me to sit down somewhere with a cup of coffee and, as a young investor, open trades on the market.
The reviews of this broker are very good, but the broker itself isn’t all that great. This made me wonder: where do the negative reviews go? Where do they disappear to? Of course, this is a rhetorical question - the answer is obvious. That’s exactly why I want to warn everyone: stay away from this shady, dishonest company run by scoundrels! So don’t count on the promised 7.6% on your deposit or the generous bonuses from Randedgefx! No sane person would ever believe that. Unfortunately, though, these scoundrels take advantage of people’s naivety or those who don’t understand anything about this at all.
Yesterday, as the option’s expiration date approached, the chart suddenly and very sharply changed direction. The difference from the quotes on TradingView was more than 10 points!!!! I wrote to customer support, but they aren’t responding. It seems like the quotes inside the trading platform have a life of their own. I don’t recommend trusting them with large sums of money until you figure out how they’re manipulating the candlesticks.
There’s been a terrible situation here with delays in closing trades. I tried to withdraw the remaining $220 of my deposit, but they blocked the transaction and are demanding that I go through verification again. They keep coming up with new excuses to avoid returning the money
In my naivety, I chose this platform: CFDs with high leverage seemed like exactly what I needed. But in reality, I made a huge mistake and lost $760. LET ME START BY SAYING THAT THEIR ADS PROMISE RETURNS IN NO TIME, BUT WHAT DID I GET? Rude treatment and the freezing (read: theft) of my account! The company simply cheats its clients for no reason at all and without any excuses. And the only thing that’s true about it is that everything happens in no time at all. And really, why put off the fun?! So keep this in mind and don’t be as foolish as I was! It’s crystal clear to me, RANDEDGEFX is a scam!!
These are despicable scammers. It’s just ridiculous - to make everything look more plausible, they let you withdraw money once, of course not all of it, just a tiny bit. And then, when you happily start trading there and investing more and more money, this charade of unprecedented generosity comes to an end. And after that, you can’t withdraw a single cent! I lost over 2,000 euros to these jerks, and there’s no way to get my money back! My account is blocked, and the managers are ignoring me…
“Thanks” — in quotes, of course — to my former broker for letting me withdraw my precious $4,500. I’d been trading with them for a couple of months and was afraid to withdraw money right away; now I only check my account after a couple of trades. Because losing that kind of money — you understand — well, it’s just frustrating. So I kept checking my trades, thinking, “It worked a couple of times — I’ll withdraw the money.” They promised the funds would be transferred immediately, within a couple of days of the request, but things didn’t work out that way. I waited 2–3 days, getting nervous, of course, and the money didn’t hit my account until the fifth day. I’d like to point out that it’s important for all clients not only to make huge profits but also to have support that will solve your problem if something goes wrong. However, the RandEdgeFX staff aren’t in a hurry to help.