BoForex
We checked BoForex 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
BoForex claims that its operating entity BoForex Company LTD is a “fully licensed and regulated broker”. However, the only regulatory information it provides is a purported registration in Saint Vincent and the Grenadines. First, we were unable to locate any record of BoForex Company LTD in the official register of the Financial Services Authority (FSA) of Saint Vincent and the Grenadines. Second, even if such a registration existed, it would only confer International Business Company (IBC) status, which does not constitute a valid financial services or forex trading license. Therefore, BoForex’s claims about being fully licensed appear to be highly misleading, and possibly false. At worst, it may not even be legitimately registered as a company. BoForex 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 BoForex.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.