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Data FX
Operating status: SCAM
Website: https://www.data-fx.net/
Broker violations and abnormal records
Data FX claims to operate under Data FX Inc., which is registered with the Financial Services Authority (FSA) of Saint Vincent and the Grenadines. While it is true that a company with this name appears in the SVG FSA registry, this registration only confers International Business Company (IBC) status and does not amount to a valid financial license. Notably, the SVG FSA has explicitly stated that it does not regulate or license foreign exchange brokers.
Furthermore, Data FX appears to be unregulated by any recognized financial authority, as no licensing information is available on its website. Therefore, Data FX appears to be a scam.
Data FX claims to operate under Data FX Inc., which is registered with the Financial Services Authority (FSA) of Saint Vincent and the Grenadines. While it is true that a company with this name appears in the SVG FSA registry, this registration only confers International Business Company (IBC) status and does not amount to a valid financial license. Notably, the SVG FSA has explicitly stated that it does not regulate or license foreign exchange brokers. Furthermore, Data FX appears to be unregulated by any recognized financial authority, as no licensing information is available on its website. Therefore, Data FX appears to be a scam.
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