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GOFX
Operating status: SCAM
Broker violations and abnormal records
GOFX only claims to be registered in Saint Vincent and authorized by the SVG FSA. While we have verified this registration, it is important to note that this is merely an International Business Company (IBC) registration and does not constitute a valid regulatory license. The SVG FSA does not regulate foreign exchange activities.
Additionally, although GOFX has an office in Cyprus, we were unable to find the company listed in the registry of the Cyprus Securities and Exchange Commission (CySec). This indicates that the company is operating in this jurisdiction without proper authorization, which poses significant risks.
Based on these findings, we should mark GOFX as a scam broker.
GOFX only claims to be registered in Saint Vincent and authorized by the SVG FSA. While we have verified this registration, it is important to note that this is merely an International Business Company (IBC) registration and does not constitute a valid regulatory license. The SVG FSA does not regulate foreign exchange activities. Additionally, although GOFX has an office in Cyprus, we were unable to find the company listed in the registry of the Cyprus Securities and Exchange Commission (CySec). This indicates that the company is operating in this jurisdiction without proper authorization, which poses significant risks. Based on these findings, we should mark GOFX as a scam broker.
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