High Risk
Reported as a scam / unregulated
SF-705958registry entry
Why Fx Plus500 is on the register
On May 12, 2023, the Financial Conduct Authority (FCA) issued a warning against Fx Plus500, identifying this broker as a clone of an FCA-authorized firm:
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.