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4X.FM
Regulators:
help me sar
Dear Sir/Madam, 4X.FM is an unregulated broker that we advise against trading with despite the seemingly attractive deals it offers.
4X.FM claims to be owned and operated by Cixx LLC, a company registered with the Mwali International Services Authority (MISA) under registration number T2022117. While it is true that matching records can be found in the MISA register, it is critical to note that this is a registrar of companies without the authority to issue forex licenses or regulate the industry. Therefore, any offering of investment services or products by this broker remains unsupervised. What's more, both the Financial Conduct Authority (FCA) and the Financial Industry Authority (CSSF) of Luxembourg have added 4X.FM to its warning list for operating in the absence of proper authorization. You may visit the FCA full warning here, and the CSSF warning here.
Regarding your question, please collect relevant evidence and report the scam to the local police. Or you can try and file a complaint through our official complaint platform at https://www.brokersview.com/complaint. While we cannot guarantee the recovery of your funds, we are committed to providing assistance and support in any way we can.
Please provide us with as much detailed information as possible, including your account details, the amount involved, and any relevant contact information. If you have any supporting evidence, such as screenshots, please attach them along with your complaint.
Please note that if you've been a victim of a scam then you're more likely to be targeted by other scammers possibly as part of a recovery room scam. A recovery room scammer will pose as a reputable firm that will help you recover the money you've lost from a previous scam. Please do not make impulsive decisions for recovering your money, or you'll lose more.
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