TargetFX
We checked TargetFX against the AskCheck register. It has been reported (2025) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
TargetFX claims to operate through TargetFX Limited, a company registered in Saint Lucia. Our search of the Saint Lucia International Financial Centre (IFC) registry shows that an identical company name is not currently registered. The name may be reserved, or the incorporation process may have been initiated but not yet completed. Besides, this registration only confers International Business Company (IBC) status. It is important to note that IBC status does not equate to a financial license. The IFC does not regulate or authorize entities for forex trading activities. Furthermore, TargetFX is not licensed or supervised by any reputable financial regulatory authority. This lack of proper regulation is a significant warning sign of potential fraudulent activity.
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 TargetFX.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.