Reported as a scam / unregulated
Why SOPHIE CAPITAL is on the register
SOPHIE CAPITAL is a total scam for the following reasons. When we check its website in English Ver, this broker claims to be established in the United States and regulated by the US National Futures Association (NFA) under NFA ID: 0550618. We indeed find a match result to this ID in NFA’s registry, however, SOPHIE CAPITAL is not overseen by NFA as it is not an approved member of the regulator. As a forex trader, you must bear in mind that if a broker claims to be eligible to solicit US customers in forex activities, it must: 1) be accredited as an approved Forex Dealer Member of NFA; 2) be admitted as a “retail forex exchange dealer.” SOPHIE CAPITAL doesn’t satisfy these conditions. Then when we check its website in Chinese Ver, this broker has a different statement of being registered in Australia. As per relevant law, to be able to operate in Australia or offer financial services to Australians, brokers are required to hold a valid Australian Financial Services (AFS) license issued by the Australian Securities & Investments Commission (ASIC). However, we did not find any match results for this broker in ASIC. That means this broker is not an approved broker in Australia. The truth is, SOPHIE CAPITAL is not under valid regulation by any regulators to do forex. Investors’ funds in this broker are unsafe and cannot be protected by any law. 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.