High Risk
Reported as a scam / unregulated
SF-704889registry entry
Why FXQM is on the register
FXQM claims to be the trading name of QM Group Ltd., regulated as a securities dealer by the Financial Services Authority of Seychelles (Seychelles FSA), under registered number 218946 IBC 2016 by the Registrar Of International Business Companies. However, we didn’t find any matching result from the registry of Seychelles FSA. So FXQM is actually not overseen by any financial regulator. That means investors’ funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.
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.