According to its website, it registered with the National Futures Association (NFA) in the United States, and licensed by Saint Lucia. Upon investigation, no matching information was found in the NFA. As we all know, Saint Lucia does not have the authority to regulate foreign exchange, so its claim to be registered in Saint Lucia is unreliable. And then we also checked with Financial Conduct Authority (FCA) and found no matching information.
In essence, MaxifyFX 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.
MaxifyFX appears to be a scam.
According to its website, it registered with the National Futures Association (NFA) in the United States, and licensed by Saint Lucia. Upon investigation, no matching information was found in the NFA. As we all know, Saint Lucia does not have the authority to regulate foreign exchange, so its claim to be registered in Saint Lucia is unreliable. And then we also checked with Financial Conduct Authority (FCA) and found no matching information.In essence, MaxifyFX 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.MaxifyFX appears to be a scam.