ANSWER Dear Investor,
TransX Markets claims to operate under the name Trans X Market LTD and states that it is registered in Saint Lucia. While a company by that name does appear in the Saint Lucia International Financial Centre (IFC) registry, this registration only confers International Business Company (IBC) status—not a valid financial services license. Importantly, the IFC does not regulate or license forex trading activities, so this registration offers no regulatory protection.
Moreover, our investigation confirms that TransX Markets is not licensed by any recognized financial authority. The absence of legitimate regulatory oversight is a serious red flag and strongly indicative of a fraudulent operation.
Therefore, we do not recommend trading with TransX Markets.
If you have already deposited funds and are now experiencing withdrawal difficulties or are unable to reach customer support, we urge you to report the matter immediately to your local police or relevant financial enforcement authorities. Acting promptly may help mitigate further financial loss and support potential recovery efforts.
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