CTForex
We checked CTForex against the AskCheck register. It has been reported (2025) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
CTForex claims that CTForex LTD is registered in Saint Lucia and holds a valid trading license. While we did locate the company in the Saint Lucia International Financial Centre (IFC) registry, it is crucial to understand that this registration only grants International Business Company (IBC) status, it does not constitute a financial services or forex trading license. The Saint Lucia IFC does not regulate forex brokers or issue trading authorizations. Additionally, CTForex states it maintains a physical presence in Poland. However, our verification with the Polish Financial Supervision Authority (PFSA) confirmed that CTForex LTD is not listed in its register of authorized financial institutions. This means the platform has no legal authorization to operate as a broker in Poland. CTForex is in essence unlicensed by any regulator. Therefore, it appears to be a scam.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report CTForex.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.