ROIFX claims to hold the company number 14274737 issued by the Companies House (CH). While it is true that corresponding records exist in the CH register, it is crucial to note that the CH only serves as a registrar of companies in the CH and is not empowered to regulate the financial industry. Mere registration with the CH doesn't grant the authorization to legally offer financial products or services. In addition, the UK Financial Conduct Authority (FCA), a recognized financial regulator, has issued a warning against ROIFX for illegally operating in the country without proper authorization.
In essence, ROIFX is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
ROIFX claims to hold the company number 14274737 issued by the Companies House (CH). While it is true that corresponding records exist in the CH register, it is crucial to note that the CH only serves as a registrar of companies in the CH and is not empowered to regulate the financial industry. Mere registration with the CH doesn't grant the authorization to legally offer financial products or services. In addition, the UK Financial Conduct Authority (FCA), a recognized financial regulator, has issued a warning against ROIFX for illegally operating in the country without proper authorization.In essence, ROIFX is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.