Reported as a scam / unregulated
Why Max Forex Trade is on the register
Max Forex Trade initially claims that its entity, Max-Forex Trade Limited, is regulated by the Seychelles Financial Services Authority (FSA) under license number SD001. However, our search of the Seychelles FSA’s official register did not reveal any entity by that name under the specified license. Additionally, the platform states that Max-Forex Trade is a trade name of Sublime Innovations Ltd, which is supposedly licensed by the Cyprus Securities and Exchange Commission (CySEC). Yet, our verification within CySEC’s regulatory database also failed to confirm that Sublime Innovations Ltd is an authorized or regulated entity. Given that both of Max Forex Trade’s regulatory claims are false and entirely unverifiable, Max Forex Trade appears to be a fraudulent operation.
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.