Volmax claims to be owned and operated by Volmax Group Limited, a company authorized and regulated by the Australian Securities & Investment Commission (ASIC) with license number: 001296486 and the National Futures Association (NFA) under ID: 546358.

But first, the name of the company we found in ASIC that corresponds to the above license number is "VOLMAX GROUP PTY LTD", although it is similar to this broker's name, we cannot be 100% sure that the regulatory information of this broker is true as there is no information such as the domain provided by the regulator to authenticate it.

Besides, we indeed found a matching result in NFA's registry, however, Volmax is not overseen by NFA as it is not an approved member of the regulator. As a forex trader, you must bear in mind that if a broker claims to be eligible to solicit US customers in forex activities, it must: 1) be accredited as an approved Forex Dealer Member of NFA; 2) be admitted as a "retail forex exchange dealer." Obviously, Volmax doesn't satisfy these conditions. 

The truth is, Volmax is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. It is a scam.