Reported as a scam / unregulated
Why Wongaa FX is on the register
Wongaa FX claims to be regulated through Wongaa Financing Brokers Limited, which is reportedly registered in Comoros. We are able to verify the existence of Wongaa Financing Brokers Limited in the registry of Anjouan Offshore Finance Authority (AOFA), however, it is important to note that AOFA is an offshore regulatory body with minimal oversight and no meaningful international recognition. Jurisdictions like Anjouan typically offer little to no investor protection. Furthermore, AOFA does not publicly list or verify the official website domains associated with its licensed entities. This lack of transparency makes it impossible to confirm whether Wongaa FX is genuinely operating under the stated license or merely using it for promotional purposes. Given these significant red flags, we consider Wongaa FX to pose a high risk to investors. Therefore, Wongaa FX 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.