BrokersView has found that ArigoFX appears to be a scam ArigoFX does not claim to be licensed by any regulator; it only claims to be registered in Saint Lucia. While we can confirm that there is a company with the same name in the Saint Lucia International Financial Centre (IFC) registry, this registration only grants it International Business Company (IBC) status. This does not constitute a valid financial licence. The IFC neither regulates nor licences forex trading activities. Being unregulated is a major red flag for a fraudulent operation. Therefore, ArigoFX appears to be a scam.
ArigoFX
VisitRisk Level - High
ArigoFX
Risk Level - High
Scam Evidence & Warnings
Is ArigoFX a legitimate forex broker? How did you define it? Dear Investor, ArigoFX is not a legitimate forex trading platform due to its lack of essential forex licenses. The platform fails to disclose any regulatory or licensing information, merely claiming to be registered in Saint Lucia. While we did locate the claimed entity, ARIGOFX LTD., in the Saint Lucia International Financial Centre (IFC) corporate registry, please note that the IFC serves solely as an International Business Company(IBC) registry and does not authorize or license financial derivative brokerage services. Therefore, ArigoFX is effectively operating without any regulatory oversight. Engaging with an unregulated broker inherently poses significant financial risks. We strongly advise you to avoid trading with this platform to protect your capital. View Source
Anyone uses Arigofx app? Dear Investor, ArigoFX is a broker we strongly do not recommend due to significant regulatory deficiencies. The platform claims to be operated by ArigoFx Ltd, registered in Saint Lucia, and asserts oversight by the local authority. While a company named ArigoFx Ltd may appear in the Saint Lucia International Financial Centre (IFC) registry, this registration is not equivalent to holding a valid securities dealer license. The Saint Lucia IFC does not provide the strict regulatory oversight associated with top-tier financial authorities. Consequently, trading with ArigoFX exposes you to unregulated risk with little to no legal recourse in the event of disputes or financial loss. Given the absence of genuine regulatory protection, we advise you to avoid this broker and choose platforms licensed by reputable authorities. View Source
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