Reported as a scam / unregulated
Why Glamex Global Ltd is on the register
Glamex Global Ltd is not a reliable broker for traders even though it states offers that look good to be true. Glamex Global Ltd claims to be registered in Saint Vincent and the Grenadine Financial Services Authority (SVG FSA) and regulated by the National Futures Association (NFA) with an NFA ID: 0546213. First, we did not find any match results to Glamex Global Ltd in SVG FSA. Besides, SVG FSA does not regulate forex. Second, when we searched in NFA, we indeed find a match result to Glamex Global Ltd in NFA. But Glamex Global Ltd is not under valid regulation by NFA since it is not an approved member of this regulatory body. That means Glamex Global Ltd is not overseen by any regulators. Investors’ funds in this broker are unsafe and cannot be protected by any law. Therefore, it 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.