ANSWER Dear Investor,
We strongly advise against depositing funds or trading with FAX LTD, as it is an unregulated broker.
FAX LTD fails to provide any reliable licensing information to verify its credibility. It is simply claim to be registered in Saint Lucia, an offshore jurisdiction known for lax regulations and inadequate investor protections. More concerningly, forex trading activities are not licensed in this jurisdiction, and it is merely classified as an International Business Company (IBC) registered in Saint Lucia, which does not equate to proper financial activities authorization.
Given these findings, we believe this platform poses significant risks. To protect your investments and personal information, we strongly recommend avoiding it.
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