Reported as a scam / unregulated
Why Effortwe is on the register
Effortwe claims that it is a global online foreign exchange and differential broker registered and supervised in many countries without presenting any details about its trading license and contact information. According to the location shown on its MT5 software, this broker, operated by EFFORTWE GLOBAL LIMITED, is a UK-based company registered with Companies House. However, Companies House is only the United Kingdom’s companies registrar. It is not a regulator that approves licenses for the brokers in the UK. The truth is, there is no regulatory information about Effortwe can be found on the UK’s Financial Conduct Authority (FCA) online registry, as well as on any other financial regulators’ websites. That means investors’ funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.
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.