The UK FCA Added 7xFX into Its Warnings On 13 Dec 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that 7xFX was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/7xfx-trade-7xfx

BrokersView has Reviewed that 7xFX is an Unregulated Forex Broker 7xFX claims to be "regulated" by Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) but SVG FSA is not a forex regulator. It does not regulate forex brokers or issue forex licenses. Having registration or not, therefore, does not mean being authorized to provide financial services. And we did not find any results that matched this company in SVG FSA.The broker also presents a UK telephone number and an Australian one. So we searched Australian Securities & Investment Commission (ASIC) and the United Kingdom Financial Conduct Authority (UK FCA).The results were that 7xFX is not regulated by ASIC and warned by FCA. FCA issued a warning that 7xFX was providing financial services or products in the UK without authorisation. The truth is that 7xFX is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

BrokersView has identified that 7xFX's website is currently offline BrokersView found that the domain "https://7xfx.net/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.