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RoxoFX

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Operating status: SCAM

Website: https://www.roxofx.com

Broker violations and abnormal records
  • 2024-10-13 The FCA issues a warning about RoxoFX

    On October 14, 2024, the Financial Conduct Authority (FCA) issued a warning against RoxoFX, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/roxofx-https-wwwroxofxcom

    On October 14, 2024, the Financial Conduct Authority (FCA) issued a warning against RoxoFX, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/roxofx-https-wwwroxofxcom
  • 2024-10-14 BrokersView has reviewed that RoxoFX is an unregulated broker

    According to its website, it is located in the Switzerland. Upon investigation, no matching information was found in the Swiss Financial Market Supervisory Authority (Swiss FINMA).

    What's more, the Financial Conduct Authority (FCA) issued a warning against RoxoFX, believing this company might be providing financial services or products without proper authorization in the UK.

    In essence, RoxoFX is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

    RoxoFX appears to be a scam.

    According to its website, it is located in the Switzerland. Upon investigation, no matching information was found in the Swiss Financial Market Supervisory Authority (Swiss FINMA).What's more, the Financial Conduct Authority (FCA) issued a warning against RoxoFX, believing this company might be providing financial services or products without proper authorization in the UK.In essence, RoxoFX is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.RoxoFX appears to be a scam.

Related Complaints

Q&A

Hello, is RoxoFX safe or a scam? thanks in advance.

Ponnu
Turkey
2025-01-06
ANSWER Dear Investor, Thank you for trusting our platform. We have investigated RoxoFX and are concerned that it may be a scam. The platform, despite attempting to create the impression of being reliable and legitimate, does not provide any valid registration or licensing information to demonstrate its compliance. While it claims to be based in Switzerland, there are no indications that it is registered with the Swiss Financial Market Supervisory Authority (FINMA). In addition, the Financial Conduct Authority (FCA) has issued a warning against RoxoFX, highlighting its unauthorized status and advising investors to stay clear. Therefore, we strongly suggest that you avoid using RoxoFX to protect yourself from potential fraudulent investment schemes. For a safer trading environment and peace of mind, we recommend opting for fully regulated brokers instead.
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Is RoxoFX credible?

Jerrod Hayes
France
2024-10-17
ANSWER Dear Investor,Thank you for reaching out. We researched the website and believe RoxoFX is a scam.We haven't found any valid licensing information on the site to substantiate the company's legitimacy. While RoxoFX claims to be based in Switzerland, there are no indications that it is registered with the Swiss Financial Market Supervisory Authority (FINMA).In addition, the Financial Conduct Authority (FCA) has issued a warning about RoxoFX, alerting investors to the unauthorized firm.Therefore, we strongly suggest you avoid using RoxoFX to protect your funds. It is imperative to verify a broker's legitimacy first.
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