LabaFX

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CheckBroker register › LabaFX
AC-508706

LabaFX

⚠ Flagged on the register · High risk

We checked LabaFX against the AskCheck register. It has been reported (2023) and carries the red flags below. Treat it with extreme caution.

Why it’s flagged

⚑ Reported by our community & upstream sources

What we found

LabaFX claims to be regulated by Indonesian Commodity Futures Trading Regulatory Agency (BAPPEBTI). We searched the BAPPEBTI and found a matching result. However, BAPPEBTI is not the regulator in charge of forex and CFD brokers. The truth is that LabaFX is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. LabaFX is a scam.

Assessment source: FastBull BrokersView.

What to do next

  1. Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
  2. Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
  3. Report it to your regulator and to local police / action-fraud line so it’s on the official record.
  4. Add your report here so the next person searching this name is warned — report LabaFX.
  5. Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.
Beware recovery scams. After a loss, fraudsters often return posing as “recovery agents” who guarantee your money back for an up-front fee. AskCheck is a free public checker — we don’t recover funds and we don’t guarantee funds can be recovered. Never pay anyone who promises a guaranteed recovery.

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