Foraxi
We checked Foraxi 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
Foraxi makes no clear claims regarding regulatory oversight and only provides a Hong Kong address and a phone number registered in United Kingdom. To verify its legitimacy, we conducted checks with the relevant authorities, including the Securities and Futures Commission (SFC) of Hong Kong and the Financial Conduct Authority (FCA) of the United Kingdom. Our search did not return any record of a licensed entity associated with Foraxi under either jurisdiction. This indicates that Foraxi is operating without proper authorization from any recognized regulatory body and is likely engaging in forex trading activities illegally. Therefore, Foraxi appears to be a fraud.
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 Foraxi.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.