Reported as a scam / unregulated
Why KonohaFX is on the register
KonohaFX claims to be a trustwothy broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag. According to its website, the broker is located in Cyprus and offers customer services from the UK and Australia. However, we did not find any regulatory information about KonohaFX from the registry of the Cyprus Securities and Exchange Commission (CySEC), the United Kingdom Financial Conduct Authority (UK FCA), and the Australian Securities & Investment Commission (ASIC). The truth is that KonohaFX is not regulated by any regulators. Letting this broker hold or control investors’ money is unsafe, and the money can not be protected by any laws. 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.