Reported as a scam / unregulated
Why Forexland is on the register
Forexland claims to be the trading name of FXland Limited, a company registered with the Marshall Islands Registry (IRI). While we did find matching entries in the IRI database, it is crucial to note that the IRI is a privately held maritime and corporate registry service provider that doesn’t have the authority to issue licenses for forex brokers and regulate this industry. Mere registration with the IRI is meaningless in forex trading. Furthermore, it is strange that, in its legal documents, Forexland purports to be affiliated with another company, Nidex Limited that is registered in St. Vincent and the Grenadines under registration number 26124BC2021. However, neither the company name nor the number exists in the register of the Financial Services Authority (SVG FSA). In essence, Forexland is not regulated by any governing body. Entrusting this broker with investors’ funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally 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.