High Risk
Reported as a scam / unregulated
SF-706677registry entry
Why JB Drax Honoré is on the register
JB Drax Honoré claims to be registered in London, Singapore, New York and Dubai. We searched the Financial Conduct Authority (FCA), Monetary Authority of Singapore (MAS), National Futures Association (NFA) and DuBai Financial Services Authority (DFSA) and found a matching result, but it doesn’t have a forex license and not being authorized to provide financial services. The truth is that JB Drax Honoré is not under valid regulation by any regulators to do forex. Investors’ funds in this broker are unsafe and cannot be protected by any law. JB Drax Honoré 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.