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Is ComfyFX a scam?
Irene Pavel
Bhutan
2024-01-10
ANSWER Yes, ComfyFX appears to be a potential scam.Previously, this brand claimed to be operated by Astra Trading LLC, a company registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA). However, for reasons that are unclear, ComfyFX has updated its regulatory information to state that it is a "brand of Blue Sun Capital Ltd, established in the Island of Moheli, Comoros Union with authorization number HY00723481". This change raises questions about the platform's legitimacy. In this region, the financial regulator is the Mwali International Services Authority (M.I.S.A.). However, our search for Blue Sun Capital Ltd in the M.I.S.A register revealed that this company's website address is https://bluesuncap.com/, which does not match that of ComfyFX. Without any evidence to confirm a relationship between these two entities, this could be considered potential identity theft.Given these suspicious practices, ComfyFX appears to carry significant risks of fraud and identity theft. For a safer trading experience, it is recommended to avoid unlicensed platforms like ComfyFX and instead opt for fully regulated ones with solid reputations.
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