High Risk
Reported as a scam / unregulated
SF-9606registry entry
Why BaveRex Exchange is on the register
BaveRex Exchange (baverex.com) offers plans paying up to 100% per trade, with return of principal and instant withdrawal. Its email us button contains no email address, and it gives no phone, address, company or regulator. Its testimonials are copied from other flagged sites. The UK Financial Conduct Authority has warned about it. It promises $1,000,000 of insurance on client funds. The domain was registered on 26 November 2025. Therefore, BaveRex Exchange 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.