Reported as a scam / unregulated
Why RYOEX is on the register
RYOEX claims to be a regulated brand of Ryo Global Markets Limited, citing a Saint Lucia IFC business license, U.S. SEC Exchange Act Registration (ERA), and FinCEN MSB registration (No. 31000305408880). While the entity appears in the Saint Lucia IFC and FinCEN databases, these registrations are misleading: the IFC only registers international business companies and does not license forex brokers, and FinCEN’s MSB status covers only money transmission—not trading or investment services. Crucially, no record of the firm exists in the SEC’s official broker-dealer registry, directly contradicting its ERA claim. Given these false regulatory assertions, RYOEX appears to be 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.