Is FutureFx a scam？Do you recommend to trade with this broker?

https://rus.future-fx.org/

FutureFx is NOT a legitimate Forex and CFD broker claiming to be operated by Future Management Systems LIMITED, a Saint Lucia-based company overseen by the Saint Lucia Financial Markets Authority (FMA). However, the broker's statement proved to be nothing but a fake, since the Saint Lucia FMA does not regulate forex trading and brokers. And we didn't find any information about its regulation from any regulatory authority. So currently FutureFx is running the business without any relevant license approved by a reputable regulator. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is thoroughly a scam.

We would recommend traders to stay away from unregulated brokers like FutureFx and trade with licensed brokers.