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SydneyFX

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Operating status: SCAM

Website: https://sydney-fx.io; https://sydfx.io/; https://wt.unlimitedfx.io/

Broker violations and abnormal records
  • Jul 29, 2024 BrokersView has Reviewed that SydneyFX is an Unregulated Broker

    SydneyFX claims to be an International online broker located in Cyprus, offering wide range of financial services, including Crypto, Forex, Indices, Stocks, Energy, Commodities and more instruments in global markets. However, there is no detailed financial services licenses and other licensing certificates. A company that offers financial services must have financial license in the country where it is located.

    Upon investigation, we found that SydneyFX is not regulated by the Cyprus Securities and Exchange Commission (CySEC).

    The truth is that SydneyFX is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.

    SydneyFX is a scam.

    SydneyFX claims to be an International online broker located in Cyprus, offering wide range of financial services, including Crypto, Forex, Indices, Stocks, Energy, Commodities and more instruments in global markets. However, there is no detailed financial services licenses and other licensing certificates. A company that offers financial services must have financial license in the country where it is located.Upon investigation, we found that SydneyFX is not regulated by the Cyprus Securities and Exchange Commission (CySEC).The truth is that SydneyFX is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.SydneyFX is a scam.
  • Apr 07, 2025 The FCA issues a warning against SydneyFX

    On April 8, 2025, the Financial Conduct Authority (FCA) issued a warning against SydneyFX, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/sydney-fx-0

    On April 8, 2025, the Financial Conduct Authority (FCA) issued a warning against SydneyFX, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/sydney-fx-0
  • Oct 19, 2025 The ASIC issues a warning against SydneyFX

    On Oct 20, 2025, the Australian Securities & Investments Commission (ASIC) issued a warning against SydneyFX, believing this company might be providing financial services or products without proper authorization. https://moneysmart.gov.au/check-and-report-scams/investor-alert-list#!sydneyfx-syd-fx-io--3564

    On Oct 20, 2025, the Australian Securities & Investments Commission (ASIC) issued a warning against SydneyFX, believing this company might be providing financial services or products without proper authorization. https://moneysmart.gov.au/check-and-report-scams/investor-alert-list#!sydneyfx-syd-fx-io--3564
  • Mar 11, 2026 BrokersView has identified that SydneyFX's website is currently offline

    BrokersView found that the domain "https://sydney-fx.io; https://sydfx.io/; https://wt.unlimitedfx.io/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

    BrokersView found that the domain "https://sydney-fx.io; https://sydfx.io/; https://wt.unlimitedfx.io/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

Related Complaints

Q&A

Uable to withdraw from Sydneyfx now I cant even open their website... What should I do?

George Fraysse-Soulier
Australia
Sep 11, 2025
ANSWER Dear Investor, SydneyFX was previously investigated by us and appears highly likely to be a fraudulent platform. While it claimed to be based in Cyprus, it never provided clear information about its regulatory licensing. Our checks with the official registry of Cyprus Securities and Exchange Commission(CySEC) confirm that the company is not authorized or listed as a regulated entity. Operating without proper regulatory oversight significantly increases the risk of scams, and we consider SydneyFX to be illegal and highly deceptive. The fact that its website is now inaccessible further suggests the possibility that the operators have ceased operations and may have absconded with investors’ funds. On April 8, 2025, the Financial Conduct Authority (FCA) issued a warning against SydneyFX, stating that the company may be providing financial services or products in the UK without proper authorization. This regulatory alert further confirms the fraudulent nature of its activities. If you believe you have been defrauded, we strongly recommend reporting the incident to your local police and relevant financial authorities immediately. Gather all relevant evidence, including transaction records, chat logs, and screenshots. Please also remain vigilant against recovery scams. Fraudsters often target victims by offering fake recovery services in exchange for upfront fees. Never pay anyone who promises to recover your lost funds, and always verify the legitimacy of any party offering assistance.
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Does anyone trust SydneyFX?

Anubavsheik
Cyprus
Dec 24, 2024
ANSWER Dear Investor, We strongly advise against trusting SydneyFX, as it is believed to be a scam. Despite claiming to be reputable, SydneyFX fails to provide any solid evidence such as registration information or licensing details to back up those claims. This is a red flag, indicating that it is operating without proper authorization or supervision. Despite the alleged location in Cyprus, there are no indications that it is licensed by the Cyprus Securities and Exchange Commission (CySEC). Therefore, we strongly advise you to avoid using SydneyFX to protect yourself from potential fraud schemes. For a safer trading environment and peace of mind, we recommend opting for fully regulated brokers instead.
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