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Limit Markets' payment methods
Veta Sheng Hong
Missoula
Dec 03, 2025
ANSWER Dear Investor, Regarding the supported payment methods, we suggest contacting their customer service team to obtain the most accurate information. Limit Markets, operating under the legal name Limit Markets Limited, claims to be licensed by the Financial Services Commission (FSC) of Mauritius. Our verification confirms that a company by this name does appear in the FSC’s register of licensed entities. However, the Mauritius FSC does not publicly associate licensed firms with their operational websites, which prevents us from conclusively verifying whether the Limit Markets trading platform is genuinely linked to the licensed entity. Moreover, it is important to note that the Mauritius FSC is an offshore regulator, offering comparatively limited investor protections and oversight. More concerningly, we found that Limit Markets has been listed on the warning list of the UAE’s Securities and Commodities Authority (SCA), which explicitly states that the firm is not licensed by SCA to practice any activity under SCA’s supervision. This raises serious questions about its compliance and operational integrity in key markets. Given the combination of these red flags, we strongly advise you to exercise extreme caution when trading with Limit Markets unless further credible evidence of its legitimacy emerges.
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SecureFX has not got any license?
FXEnjoyment
Indonesia
Dec 01, 2025
ANSWER Dear Investor, SecureFX currently claims only to be registered in Saint Lucia and to maintain an office in the UAE. While we did locate an entity named SecureFX Capital LTD in the Saint Lucia International Financial Centre (IFC) registry, it is crucial to ·understand that this registration merely grants International Business Company (IBC) status, which does not constitute a valid financial services or forex trading license. The Saint Lucia IFC neither regulates nor authorizes brokerage activities. Moreover, despite its UAE presence, SecureFX is not authorized by any UAE regulatory body, including the Securities and Commodities Authority (SCA), to operate as a broker in the region. This means its trading services are not legally permitted in the UAE either. More alarmingly, on June 11, 2024, the UK’s Financial Conduct Authority (FCA) added SecureFX to its warning list, stating that the company might be providing financial services or products without proper authorization in the UK, which is a serious red flag indicating potential misconduct. These factors strongly suggest that investor funds are at significant risk. We therefore strongly advise you to avoid any engagement with SecureFX and to steer clear of this platform entirely.
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Anyone contacted with BerryPAX? I asked them for help but no answer
Faheem suno
South Korea
Nov 25, 2025
ANSWER Dear Investor, BerryPAX is an untrustworthy platform that operates without authorisation from any recognised financial regulatory body. Its website provides no verifiable information about its regulatory status, merely stating that the company is registered in Saint Lucia. However, to the best of our knowledge, Saint Lucia currently has no regulatory authority overseeing foreign exchange trading activities. While we can confirm that a matching company exists in the Saint Lucia 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 licenses forex trading activities. Operating without proper oversight increases the likelihood of fraudulent trading practices leading to fund loss. Therefore, we strongly recommend that you avoid depositing funds or conducting any transactions through this platform.
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Does 4XC still hold their license?
Theofanis Intzegiannis
India
Nov 24, 2025
ANSWER Dear Investor, Following our investigation, we note that 4xCube Limited, the entity associated with 4XC, is still listed under the Licensed Money-Changing Businesses register maintained by the Cook Islands Financial Supervisory Commission (FSC). However, it is important to highlight that the FSC does not record or verify the domains used by its licensees. As a result, we are unable to fully confirm whether the platform in question genuinely operates under this licensed entity. Moreover, 4XC has previously been placed on a warning list by Ukraine’s National Securities and Stock Market Commission (NSSMC) for engaging in unauthorized financial activities. This raises significant concerns regarding its operational integrity and regulatory compliance. Given these factors, 4XC carries notable risks, and we strongly advise exercising extreme caution if you are considering trading with this platform. Thorough due diligence and risk assessment are essential before proceeding.
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I found this new site, https://adrofx.club/front/home, is this one also AdroFX?
Luis Fernando
Spain
Nov 17, 2025
ANSWER Dear Investor, The website you’ve inquired about uses the exact same logo as the previously documented AdroFx platform, and the domain it operates under matches the one that the original AdroFx registered address now redirects to. Based on this evidence, we believe both websites represent the same trading platform. This platform claims that its operating entity, ADROMKT Limited, holds a license from the Vanuatu Financial Services Commission (VFSC). However, our review of the VFSC’s official licensee register reveals no record of ADROMKT Limited. This strongly suggests that the claimed regulatory status is fabricated, and the platform holds no valid authorization from any recognized regulator. Moreover, this platform has been explicitly flagged by three major regulatory authorities: the UK’s Financial Conduct Authority (FCA), Ukraine’s National Securities and Stock Market Commission (NSSMC), and Spain’s Comisión Nacional del Mercado de Valores (CNMV). All three have issued public warnings stating that the firm is operating without authorization. Given the false regulatory claims, history of regulatory alerts, and complete lack of legitimate oversight, we strongly advise you to avoid any financial engagement with this platform.
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FPM, is it a scam platform?
Kelebogile Salloum
India
Nov 13, 2025
ANSWER Dear Investor, FPM Trading claims to be authorized by the Financial Services Commission (FSC) of Mauritius. Our check confirms that a company with a matching name and license does appear in the Mauritius FSC’s public register. However, the regulator does not disclose the websites or domain names associated with its licensed entities, making it difficult to verify whether the FPM Trading platform you encountered is genuinely connected to the registered firm. It’s also important to note that the Mauritius FSC is an offshore regulatory authority known for relatively light oversight and limited investor protection. As such, holding an FSC license alone does not guarantee the safety of your funds or the integrity of the broker’s operations. Furthermore, on 5 November 2025, Commissione Nazionale per le Società e la Borsa (CONSOB) added FPM Trading to its official warning list for offering investment services to the Italian public without proper authorization. This action raises serious concerns about the platform’s legitimacy and compliance practices. Given these red flags, we strongly advise you to exercise caution and thoroughly assess the risks before engaging with this broker.
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How do you think, trading with XBTFX? Are they competitive?
Marek Garyfalos
Turkey
Nov 11, 2025
ANSWER Dear Investor, XBTFX claims to be regulated by the Seychelles Financial Services Authority (FSA) under License Number SD169. Our investigation confirms that a company by this name is indeed listed in the Seychelles FSA’s registry, and the registered website on file matches the platform in question. However, it is important to note that the Seychelles FSA is an offshore regulatory body, typically characterized by lighter regulatory requirements and limited investor protection mechanisms. Consequently, holding a Seychelles FSA license should not be interpreted as a strong endorsement of the platform’s trustworthiness or the security of your funds. Moreover, XBTFX has previously been included on the warning list issued by the National Securities and Stock Market Commission (NSSMC) for operating without the necessary authorization in that jurisdiction. This raises additional red flags, investors should be particularly cautious when dealing with such entities. Given these concerns, we strongly advise exercising caution before engaging with XBTFX or committing any capital to its platform.
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Lyfelete is not safe at all??
Mutegeki Das
India
Nov 05, 2025
ANSWER Dear Investor, Lyfelete is an extremely unsafe platform. The platform claims to be regulated and licensed by both the Dubai Financial Services Authority (DFSA) and the Vanuatu Financial Services Commission (VFSC). However, our thorough searches in the official databases of both regulators returned no records of any entity linked to Lyfelete. This strongly suggests that its claims of regulation are false and likely intended to mislead investors. Furthermore, Lyfelete states it is based in the United Kingdom, yet it does not appear in the register of the UK’s Financial Conduct Authority (FCA), confirming it holds no authorization to provide financial services there. Most alarmingly, on September 22, 2025, the Cyprus Securities and Exchange Commission (CySEC) issued an official warning against Lyfelete, stating that the company may be offering financial services or products without proper authorization. Given the lack of legitimate regulation and the explicit warning from CySEC, Lyfelete exhibits clear signs of being a fraudulent broker. We strongly urge you not to engage in any trading activities with this platform. Protect your capital by choosing only verified, properly regulated brokers.
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Is TRADEFOXS a legitimate and regulated platform? Can you help verify?
Andrew Danawala
Bangladesh
Oct 29, 2025
ANSWER Dear Investor, Thank you for your inquiry. TRADEFOXS claims to be regulated by the Seychelles Financial Services Authority (FSA) and the Cyprus Securities and Exchange Commission (CySEC). However, after thorough verification, no matching registration or license information was found in either regulator's official database. More importantly, the Financial Conduct Authority (FCA) has issued a formal warning against TRADEFOXS, stating that the firm may be providing or promoting financial services without proper authorization, this is a serious red flag. These findings clearly indicate that TRADEFOXS is not regulated by any recognized financial authority and therefore does not offer any legal protection for investors' funds. Therefore, we strongly advise you to avoid engaging with this platform to prevent potential 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.

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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.