AEFOREX
We checked AEFOREX against the AskCheck register. It has been reported (2022) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
AEFOREX claims to be regulated by the Australian Securities and Investments Commission (ASIC) with regulation number: 246250 and Saint Vincent and Grenadines Financial Services Authority (SVG FSA) under regulation number: 25451. First, when we searched in SVG FSA, we did not find any match results to the company name or the regulation number. Besides, SVG FSA does neither issue licenses for forex trading nor regulate brokers offering forex activities. Second, we did searching in ASIC and only find the regulation number belongs to a company named "AURORA ENERGY PTY LTD" which has no connection with AEFOREX. That means all the regulation info this broker claims are false statements for unsuspecting traders. The truth is, AEFOREX is not overseen by any regulators. That means investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it 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 AEFOREX.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.