SENTFUNDS

Spring FX Markets

Written by

in

High Risk

Reported as a scam / unregulated

SF-704005registry entry

Why Spring FX Markets is on the register

Spring FX Markets is not a reliable broker for traders even though it states offers that look good to be true. Spring FX Markets claims to be registered in the British Virgin Islands Financial Services Commission (BVI FSC) and regulated by Vanuatu Financial Service Commission (VFSC) with license number: 17901. First, we did not find any match results to Spring FX Markets in BVI FSC. Second, we found a match result to 17901 in VFSC, but the number belongs to a company named “TRIUMPH INT. LIMITED” which is no longer registered in VFSC. That means the regulatory info this broker claim is a false statement for unsuspecting traders. Spring FX Markets is not overseen by any regulators. 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

  1. Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
  2. Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
  3. Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
  4. 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.
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SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.