Reported as a scam / unregulated
Why GEMIFX is on the register
GEMIFX claims to be owned and operated by GEMI ASSET MANAGEMENT PTY LTD, a company authorized and regulated by the UK Financial Conduct Authority (FCA) and the Australian Securities & Investments Commission (ASIC). We indeed find match results to GEMI ASSET MANAGEMENT PTY LTD in both regulatory bodies. However, as per the regulatory details shown on the regulators, the approved domains of this company in the two regulators are respectively “www.gemini-wm.com” and “www.gemi.com.au.” That means GEMIFX is a clone firm that falsely uses the regulatory details of licensed firms since its domain is not included in approved domains. The truth is, GEMIFX is not under valid regulation by any regulators to do forex. Investors’ funds in this broker are unsafe and cannot be protected by any law. Therefore, it is 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.