Forex Genie Pro
We checked Forex Genie Pro 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
Forex Genie Pro claims to be a legal investment company managed and owned by Dr. Shi Feng Xavier Ltd, and based in UK, USA and China authorized by the European Economic Area (EEA) under the CIF license 247/14, offering wide range of financial services, including Forex, Cryptocurrencies and more instruments in global markets. As a Chinese Investment Firm, the trading platform comes under the jurisdiction of the Chinese Securities Exchange Commission (CSEC). Upon investigation, the CIF license 247/14 should be the Cyprus Securities and Exchange Commission (CySEC). The company with the license 247/14 is IQOption Europe Ltd(www.eu.iqoption.com; quadcodemarkets.com) in the CySEC. Apparently Forex Genie Pro is not regulated by the CySEC. Forex Genie Pro is also not authorized and regulated by the United Kingdom Financial Conduct Authority (FCA), the U.S. National Futures Association (NFA) and the China Securities Regulatory Commission (CSRC). The truth is that Forex Genie Pro 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. Forex Genie Pro 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 Forex Genie Pro.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.