Reported as a scam / unregulated
Why TradeFX is on the register
Although TradeFX claims to be a CFD-licensed broker, we could not find any related regulatory licensing information on its website. We found that TradeFX’s registered office is in Saint Lucia, so we checked the Saint Lucia International Financial Centre (IFC) system and found a company named “TRADEFXP LTD.”, but we are unable to confirm whether this matches due to the absence of company details. Furthermore, please note that IFC’s registration merely grants International Business Company (IBC) status, which does not constitute a valid financial licence. The IFC has publicly stated that it neither regulates nor licenses forex trading activities.
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.