World Forex
We checked World Forex against the AskCheck register. It has been reported (2021) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
It claims to be registered in both St. Vincent and St. Lucia on its website. Upon investigation, we found that its status in the Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) is "Cancellation Pending". In fact, it is well known that SVG FSA only confirms the company's status as an International Commercial Company (IBC) and that Saint Lucia International Finance Corporation is an offshore jurisdiction. Neither of these constitutes a valid foreign exchange license. In addition, the company does not display other strong regulatory proofs on its website, which is a very dangerous signal, so investors are advised to be careful when investing.
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 World Forex.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.