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RYOEX

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Operating status: SCAM

Website: https://www.ryoex.com/en

Broker violations and abnormal records
  • Nov 11, 2025 BrokersView has found that RYOEX appears to be a scam

    RYOEX claims to be a regulated brand of Ryo Global Markets Limited, citing a Saint Lucia IFC business license, U.S. SEC Exchange Act Registration (ERA), and FinCEN MSB registration (No. 31000305408880). While the entity appears in the Saint Lucia IFC and FinCEN databases, these registrations are misleading: the IFC only registers international business companies and does not license forex brokers, and FinCEN’s MSB status covers only money transmission—not trading or investment services. Crucially, no record of the firm exists in the SEC’s official broker-dealer registry, directly contradicting its ERA claim. Given these false regulatory assertions, RYOEX appears to be a scam.

    RYOEX claims to be a regulated brand of Ryo Global Markets Limited, citing a Saint Lucia IFC business license, U.S. SEC Exchange Act Registration (ERA), and FinCEN MSB registration (No. 31000305408880). While the entity appears in the Saint Lucia IFC and FinCEN databases, these registrations are misleading: the IFC only registers international business companies and does not license forex brokers, and FinCEN’s MSB status covers only money transmission—not trading or investment services. Crucially, no record of the firm exists in the SEC’s official broker-dealer registry, directly contradicting its ERA claim. Given these false regulatory assertions, RYOEX appears to be a scam.

Related Complaints

Q&A

Is RYOEX a scam platform? Does anyone know?

ryewsfAD
Egypt
Nov 12, 2025
ANSWER Dear Investor, RYOEX claims to hold multiple licenses and regulatory approvals, presenting itself as a brand of Ryo Global Markets Limited. According to its claims, the company holds a business license from the Saint Lucia International Financial Centre (IFC), possesses an Exchange Act Registration (ERA) status granted by the U.S. Securities and Exchange Commission (SEC), and is registered with the U.S. Financial Crimes Enforcement Network (FinCEN) as a Money Services Business (MSB) under registration number 31000305408880. Our verification confirms that an entity matching this name does appear in both the Saint Lucia IFC registry and the FinCEN MSB database. However, it is crucial to understand that the Saint Lucia IFC functions primarily as an international business company registrar and does not authorize or supervise forex brokerage services. Also, FinCEN’s MSB registration only permits activities related to money transmission or currency exchange, it does not constitute financial market regulation. Most notably, we found no record of Ryo Global Markets Limited or any affiliated entity in the SEC’s official broker-dealer register, contradicting its claim of holding an ERA status with the SEC. Given these discrepancies and the misleading presentation of regulatory credentials, RYOEX appears to be operating without proper authorization to offer forex trading services. We strongly advise you to avoid engaging with this platform to protect your capital and personal information.
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