ComfyFX seems to be a potential scam.
Initially, the brand claimed to be managed by Astra Trading LLC, a firm registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA). However, for reasons that are not clear, ComfyFX has updated its regulatory details to purport it is a "brand of Blue Sun Capital Ltd, established in the Island of Moheli, Comoros Union with authorization number HY00723481". This change casts doubt on the platform's credibility.
The same regulatory declaration is currently used by several other platforms, which is a warning sign. The financial regulator in this area is the Mwali International Services Authority (M.I.S.A.). But, our search for Blue Sun Capital Ltd in the M.I.S.A register showed that the website address of this company is https://bluesuncap.com/, which is not the same as that of ComfyFX. In the absence of any proof to verify a connection between these two companies, this could be seen as potential identity theft.
Considering these dubious activities, ComfyFX seems to pose substantial risks of fraud and identity theft, and therefore, it could indeed be a scam.
ComfyFX seems to be a potential scam.Initially, the brand claimed to be managed by Astra Trading LLC, a firm registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA). However, for reasons that are not clear, ComfyFX has updated its regulatory details to purport it is a "brand of Blue Sun Capital Ltd, established in the Island of Moheli, Comoros Union with authorization number HY00723481". This change casts doubt on the platform's credibility.The same regulatory declaration is currently used by several other platforms, which is a warning sign. The financial regulator in this area is the Mwali International Services Authority (M.I.S.A.). But, our search for Blue Sun Capital Ltd in the M.I.S.A register showed that the website address of this company is https://bluesuncap.com/, which is not the same as that of ComfyFX. In the absence of any proof to verify a connection between these two companies, this could be seen as potential identity theft.Considering these dubious activities, ComfyFX seems to pose substantial risks of fraud and identity theft, and therefore, it could indeed be a scam.