Reported as a scam / unregulated
Why GOFX is on the register
GOFX only claims to be registered in Saint Vincent and authorized by the SVG FSA. While we have verified this registration, it is important to note that this is merely an International Business Company (IBC) registration and does not constitute a valid regulatory license. The SVG FSA does not regulate foreign exchange activities. Additionally, although GOFX has an office in Cyprus, we were unable to find the company listed in the registry of the Cyprus Securities and Exchange Commission (CySec). This indicates that the company is operating in this jurisdiction without proper authorization, which poses significant risks. Based on these findings, we should mark GOFX as 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.