RBFX claims to be a brand of Rflexio Limited, registered in Saint Lucia as an International Business Company (IBC). While we did locate this entity in the Saint Lucia International Financial Centre (IFC) registry, it is crucial to understand that this registration only confers IBC status and does not constitute a valid financial services licence. The IFC does not regulate or license forex trading activities. Furthermore, RBFX states it is regulated by The Financial Commission (FC). However, the Financial Commission is not a regulatory authority, but an external dispute resolution (EDR) organization. Membership in the FC provides no regulatory oversight, and offers no protection for client funds. In fact, RBFX is unregulated by any recognized authority. Therefore, it appears to be a scam.