Reported as a scam / unregulated
Why GraceX is on the register
GraceX claims to be regulated by GRACEXFX Ltd, which reportedly holds a licence issued by the Anjouan Offshore Finance Authority (AOFA) in Comoros. However, AOFA is an offshore regulatory body that is known for its weak oversight and lack of international recognition. The jurisdiction offers limited investor protection, and its regulatory framework is generally considered to be unreliable by global financial standards. Although we were able to confirm the existence of GRACEXFX Ltd within the AOFA registry, the AOFA does not list or verify the official domain(s) associated with the licensed entity. This absence of domain registration makes it difficult to confirm whether this platform is genuinely authorised under this licence. Therefore, GraceX appears to be high-risky and 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.