OwlFX claims to operate under the regulations of both the UK Financial Conduct Authority (FCA) and the U.S. Financial Crimes Enforcement Network (FinCEN). However, our verification shows that no entity linked to OwlFX appears on the FCA’s official register, casting serious doubt on its claimed UK regulatory status. While a FinCEN MSB registration exists under the name owlfx limited, it is critical to understand that FinCEN is not a forex regulator. An MSB registration does not authorize a firm to provide forex trading services. No record of OwlFX was found in the database of the U.S. National Futures Association (NFA). This means that if OwlFX is offering forex trading to U.S. clients, it is doing so without the required authorization, which constitutes illegal activity. Therefore, OwlFX is very likely to be a scam broker.