Reported as a scam / unregulated
Why MYMA FX is on the register
MYMA FX claims to be part of StoneX Group Inc., a licensed company operating well-known FX brands. However, our investigation confirmed that this legitimate company has no connection to MYMA FX. MYMA FX is misleading unsuspecting investors. MYMA FX claims to have offices in the UK and India. However, our search of the UK’s Financial Conduct Authority (FCA) register returned no matching records. As for India, there is currently no agency responsible for licensing or regulating foreign exchange trading activities. While MYMA FX claims to have more than five years of experience, its domain (“mymafxfp.com”) was first registered in November 2021. This discrepancy further undermines the platform’s credibility. In essence, MYMA FX 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. MYMA FX 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.