Inefex claims to be a brand of Novir Markets Ltd, regulated by the Financial Services Commission (FSC) of Mauritius. However, the domain name associated with the FSC-registered entity does not match Inefex’s website, and we are unable to verify that Inefex is genuinely operated by this licensed company. Due to the risk of misrepresentation or unauthorized use of regulatory information, we classify Inefex as a suspected fraudulent broker.