SydneyFX
We checked SydneyFX against the AskCheck register. It has been reported (2024) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
SydneyFX claims to be an International online broker located in Cyprus, offering wide range of financial services, including Crypto, Forex, Indices, Stocks, Energy, Commodities and more instruments in global markets. However, there is no detailed financial services licenses and other licensing certificates. A company that offers financial services must have financial license in the country where it is located. Upon investigation, we found that SydneyFX is not regulated by the Cyprus Securities and Exchange Commission (CySEC). The truth is that SydneyFX is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws. SydneyFX is 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 SydneyFX.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.