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Target FX

Operating status: Unregulated

Website: https://targetfx.com/

High-Risk Active

Broker violations and abnormal records

2025-12-21 BrokersView has found that Target FX appears to be a scam

Target FX does not claim to be licensed by any regulator; it only claims to be registered in Saint Lucia. While we can confirm that there is a company with the same name in the Saint Lucia International Financial Centre (IFC) registry, this registration only grants it International Business Company (IBC) status. This does not constitute a valid financial licence. The IFC neither regulates nor licences forex trading activities.

Being unregulated is a major red flag for a fraudulent operation. Therefore, Target FX appears to be a scam.

Target FX does not claim to be licensed by any regulator; it only claims to be registered in Saint Lucia. While we can confirm that there is a company with the same name in the Saint Lucia International Financial Centre (IFC) registry, this registration only grants it International Business Company (IBC) status. This does not constitute a valid financial licence. The IFC neither regulates nor licences forex trading activities.

Being unregulated is a major red flag for a fraudulent operation. Therefore, Target FX appears to be a scam.

Target FX does not claim to be licensed by any regulator; it only claims to be registered in Saint Lucia. While we can confirm that there is a company with the same name in the Saint Lucia International Financial Centre (IFC) registry, this registration only grants it International Business Company (IBC) status. This does not constitute a valid financial licence. The IFC neither regulates nor licences forex trading activities.

Being unregulated is a major red flag for a fraudulent operation. Therefore, Target FX appears to be a scam.

Related Complaints

Q&A

Can't install TargetFX app. Is this a fake platform??

Andrea Schmidt

Norway

2026-08-25

ANSWER Dear Investor, We do not recommend trading with Target FX due to its lack of valid regulatory license certificates. Target FX has not provided any regulatory or licensing information, merely claiming to be registered in Saint Lucia. Although we did locate a company named Target FX Limited in the registry of the Saint Lucia International Financial Centre (IFC), please note that this merely signifies its incorporation as an International Business Company (IBC) and does not equate to holding any broker licenses. The Saint Lucia IFC has publicly stated that it does not regulate forex trading, nor does it issue licenses to forex brokers. Furthermore, Target FX does not appear to hold any other reliable regulatory licenses. We strongly advise you to avoid investing with such an unregulated broker to prevent significant financial loss.

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Risk Warning

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.