Reported as a scam / unregulated
Why Alainfx is on the register
It claims to be a reliable company and is regulated by Anjouan Offshore Finance Authority (AOFA), but upon investigation, we found that it has no registered website on AOFA, so investors cannot conduct further verification. More importantly, the regulatory agency is an offshore regulator, the regulatory supervision is unclear, and there are doubts about infringement. In essence, Alain Fx is not regulated by any governing body. Entrusting it with investors’ funds is highly risky, as there are no legal protections in place to safeguard the funds. Alain Fx appears to be a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.