ANSWER Dear Investor,
FXFellow currently claims to be a trade name of FXFELLOW LTD, licensed by the Anjouan Offshore Finance Authority (AOFA). Upon checking, we did find a company named FX FELLOW LTD in the AOFA system. However, based on the publicly available information from AOFA, the operating website is not registered. Therefore, we cannot fully confirm whether the platform you are inquiring about is indeed the brand of this company.
It is also worth noting that AOFA is an offshore regulatory body known for its weak oversight and lack of international recognition. The jurisdiction offers limited investor protection, and its regulatory framework is generally considered unreliable by global financial standards.
Given that the authenticity of the license cannot be fully verified under these circumstances, we believe this platform still carries a high potential risk of being a scam.
Therefore, we advise investors to avoid investing with this suspicious broker until its license can be fully verified.
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