Freyr
We checked Freyr 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
Except its email address, Freyr’s contact information including phone and address is currently not available. Besides, there is no more necessary documents including “Terms and Conditions” or other legal specifications. Under these circumstances, you can’t reach the phone number, verify the locations, and can’t confirm in any other way whether the broker is authorized to sell forex goods or not, so that’s most likely a fraud. On the other hand, Freyr is not a reliable FX broker since it does not hold a license from any worldwide serious FX authority. Viewing its website, Freyr claims that it is regulate by NFA of the United States and the regulatory certificate number is NFA ID: 0542173. However, when we checked with the license number, we found the entity is not an NFA member. The result shows that Freyr is currently not regulated by any financial regulator. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.
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 Freyr.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.