Reported as a scam / unregulated
Why SydneyFX is on the register
SydneyFX claims to be an International online broker located in Cyprus, offering wide range of financial services, including Crypto, Forex, Indices, Stocks, Energy, Commodities and more instruments in global markets. However, there is no detailed financial services licenses and other licensing certificates. A company that offers financial services must have financial license in the country where it is located. Upon investigation, we found that SydneyFX is not regulated by the Cyprus Securities and Exchange Commission (CySEC). The truth is that SydneyFX is not regulated by any regulators. Letting it hold or control investors’ money is unsafe, and the money can not be protected by any laws. SydneyFX 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.