Reported as a scam / unregulated
Why MakroFX is on the register
MakroFX claims to be domiciled in Montenegro. However, it is not registered with the relevant financial authority, the Capital Market Authority of Montenegro (SCMN). This means it is an unlicensed trading platform that has no authority to solicit investors. In its Privacy Policy, it mentions FOREX.com, a regulated forex broker, as one of its divisions. However, this association merely exists in its own claims. There is no evidence to suggest that they are associated. In essence, MakroFX 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. MakroFX 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.