MakroFX
We checked MakroFX against the AskCheck register. It has been reported (2023) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
MakroFX claims to be domiciled in Montenegro. However, it is not registered with the relevant financial authority, the Capital Market Authority of Montenegro (SCMN). This means it is an unlicensed trading platform that has no authority to solicit investors. In its Privacy Policy, it mentions FOREX.com, a regulated forex broker, as one of its divisions. However, this association merely exists in its own claims. There is no evidence to suggest that they are associated. In essence, MakroFX is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. MakroFX is unequivocally 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 MakroFX.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.