SentFundsScam-broker register

ACDEX

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in

High Risk

Reported as a scam / unregulated

SF-704167registry entry

Why ACDEX is on the register

ACDEX claims to be a reputable firm while presenting neither details about its regulations nor legal documents (terms & conditions, risk disclosure, and privacy policy, etc.). Lacking such important information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. It is a red flag here. Besides, ACDEX shows two company addresses respectively in Hong Kong and Taiwan. First, as per the information we hold, Taiwan currently has no regional financial regulator that issues licenses for forex trading or regulates entities engaging in forex. Second, all regulated forex brokers in Hong Kong should be monitored by the Hong Kong Securities And Futures Commission (HK SFC). However, we did not find any match results for this broker in HK SFC. The truth is, ACDEX 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

  1. Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
  2. Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
  3. Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
  4. Get guidance. Tell us what happened and we will point you to the right next step. A free public registry — we never charge any fees.
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SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.