VarinFX
We checked VarinFX 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
VarinFX claims to be owned and operated by iDraw Tech Ltd, is a broker certified by Saint Vincent and the Grenadines Business Company with license number 25412 BC 2019, offering wide range of financial services, including Indices, Metals, Forex, Oil, Cryptocurrencies and more instruments in global markets. Upon investigation, we didn't find the business registration of VarinFX / iDraw Tech Ltd with the Financial Services Authority in St. Vincent and the Grenadines(SVG FSA), an offshore authority that doesn't license financial derivative trading brokerage activities. The truth is that VarinFX 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. VarinFX 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 VarinFX.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.