Reported as a scam / unregulated
Why IMY is on the register
IMY claims to be a fully regulated broker registered in the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) with an MSB number: M21899308 and regulated by the US National Futures Association (NFA) under an NFA ID: 0544564. Firstly, please be informed that FINTRAC is not a regulatory authority, which has no right to issue licenses for forex trading or regulate forex activities. Secondly, when we searched NFA, we found this broker is not under valid regulation by NFA since it is not an NFA member. The registration and regulation info IMY claims are false statements for unsuspecting brokers. IMY is not overseen by any regulators. 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
- 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.