Reported as a scam / unregulated
Why AEFOREX is on the register
AEFOREX claims to be regulated by the Australian Securities and Investments Commission (ASIC) with regulation number: 246250 and Saint Vincent and Grenadines Financial Services Authority (SVG FSA) under regulation number: 25451. First, when we searched in SVG FSA, we did not find any match results to the company name or the regulation number. Besides, SVG FSA does neither issue licenses for forex trading nor regulate brokers offering forex activities. Second, we did searching in ASIC and only find the regulation number belongs to a company named “AURORA ENERGY PTY LTD” which has no connection with AEFOREX. That means all the regulation info this broker claims are false statements for unsuspecting traders. The truth is, AEFOREX is not overseen by any regulators. That means 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.