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SydneyFX

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Operating status: SCAM

Website: https://sydney-fx.io; https://sydfx.io/; https://wt.unlimitedfx.io/

Broker violations and abnormal records
  • 2024-07-29 BrokersView has Reviewed that SydneyFX is an Unregulated Broker

    SydneyFX claims to be an International online broker located in Cyprus, offering wide range of financial services, including Crypto, Forex, Indices, Stocks, Energy, Commodities and more instruments in global markets. However, there is no detailed financial services licenses and other licensing certificates. A company that offers financial services must have financial license in the country where it is located.

    Upon investigation, we found that SydneyFX is not regulated by the Cyprus Securities and Exchange Commission (CySEC).

    The truth is that SydneyFX is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.

    SydneyFX is a scam.

    SydneyFX claims to be an International online broker located in Cyprus, offering wide range of financial services, including Crypto, Forex, Indices, Stocks, Energy, Commodities and more instruments in global markets. However, there is no detailed financial services licenses and other licensing certificates. A company that offers financial services must have financial license in the country where it is located.Upon investigation, we found that SydneyFX is not regulated by the Cyprus Securities and Exchange Commission (CySEC).The truth is that SydneyFX is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.SydneyFX is a scam.
  • 2025-04-07 The FCA issues a warning against SydneyFX

    On April 8, 2025, the Financial Conduct Authority (FCA) issued a warning against SydneyFX, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/sydney-fx-0

    On April 8, 2025, the Financial Conduct Authority (FCA) issued a warning against SydneyFX, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/sydney-fx-0

Related Complaints

Q&A

SydneyFX legit? My colleague recommended to me.

SHANE GUNTER
Egypt
2025-04-10
ANSWER Dear Investor, We strongly advise against trading with SydneyFX. SydneyFX presents itself as an international online broker based in Cyprus, but the company is not regulated by the Cyprus Securities and Exchange Commission (CySEC), the financial regulatory body in Cyprus. Moreover, the Financial Conduct Authority (FCA) has issued a warning against SydneyFX, advising investors to stay away from this unauthorized financial firm. In conclusion, SydneyFX exhibits characteristics commonly associated with scams. It is strongly advised to avoid trading with this entity.
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Does anyone trust SydneyFX?

Anubavsheik
Cyprus
2024-12-24
ANSWER Dear Investor, We strongly advise against trusting SydneyFX, as it is believed to be a scam. Despite claiming to be reputable, SydneyFX fails to provide any solid evidence such as registration information or licensing details to back up those claims. This is a red flag, indicating that it is operating without proper authorization or supervision. Despite the alleged location in Cyprus, there are no indications that it is licensed by the Cyprus Securities and Exchange Commission (CySEC). Therefore, we strongly advise you to avoid using SydneyFX to protect yourself from potential fraud schemes. For a safer trading environment and peace of mind, we recommend opting for fully regulated brokers instead.
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