Reported as a scam / unregulated
Why CourseFx is on the register
CourseFX was previously verified by us as holding a license (BFX2024206) issued by the MWALI International Services Authority (MISA). However, our latest review reveals that while CourseFX’s website continues to display this licensing information, the license is now listed as suspended in MISA’s official registry. This suspension means that CourseFX is no longer authorized. Even under MISA’s framework, MISA itself is an offshore regulatory body with limited international recognition, weak oversight mechanisms, and minimal investor protections. Its licensing standards fall far short of those upheld by major global regulators. Therefore, CourseFx appears to be 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.