Reported as a scam / unregulated
Why World Forex is on the register
It claims to be registered in both St. Vincent and St. Lucia on its website. Upon investigation, we found that its status in the Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) is “Cancellation Pending”. In fact, it is well known that SVG FSA only confirms the company’s status as an International Commercial Company (IBC) and that Saint Lucia International Finance Corporation is an offshore jurisdiction. Neither of these constitutes a valid foreign exchange license. In addition, the company does not display other strong regulatory proofs on its website, which is a very dangerous signal, so investors are advised to be careful when investing.
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 to the right next step. 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.