SENTFUNDS

99FX

Written by

in

High Risk

Reported as a scam / unregulated

SF-708206registry entry

Why 99FX is on the register

99FX claims that its entity is registered in the UK and displays several certificates, our investigation confirms that none of these documents constitute a valid license from a recognized financial regulatory authority. We also found no record of 99FX Ltd being authorized or regulated by the UK’s Financial Conduct Authority (FCA). The only registration we could verify for this entity is with the Financial Services Authority (FSA) of Saint Vincent and the Grenadines. However, this registration merely grants the company International Business Company (IBC) status, which does not equate to a financial license, as the SVG FSA has publicly stated that it neither regulates nor licenses forex trading activities. 99FX is in essence unlicensed by any regulator. Therefore, 99FX appears to be a scam.

If you have money with this broker

  1. Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
  2. Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
  3. Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
  4. 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.
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SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.