BrokersView
Search
Download
English
Sign In

BenefitFX

Save

Operating status: SCAM

Website: https://benefitfx.org/

Broker violations and abnormal records
  • 2024-06-23 BrokersView has Reviewed that BenefitFX is an Unregulated Broker

    According to its website, it is located in the Marshall Islands. Upon investigation, no matching information was found in the Marshall Islands Registry (IRI).

    In essence, BenefitFX 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.

    BenefitFX appears to be a scam.

    According to its website, it is located in the Marshall Islands. Upon investigation, no matching information was found in the Marshall Islands Registry (IRI).In essence, BenefitFX 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.BenefitFX appears to be a scam.

Related Complaints

Q&A

Is BenefitFX legit?

Morton5
Australia
2024-06-25
ANSWER No, BenefitFX is not a legitimate broker.The broker claims to be operated by Mortelle Ltd, a company allegedly registered with the Marshall Islands Registry (IRI) to establish its legitimacy. However, our search in the IRI register indicates that the company's registration has been canceled. Moreover, it is crucial to note that mere registration with the IRI does not constitute evidence of legitimacy in the forex market, as this agency does not have the authority to license and regulate forex trading activities.Given these facts, BenefitFX is operating in an unregulated environment, which poses additional risks to investors. To protect themselves from falling victim to potential fraud schemes, investors are advised to avoid unlicensed brokers like BenefitFX and instead opt for fully regulated ones
See more

comments

Be the first to review.
Rate and Review

Your review

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.