FSMA issued a warning against BerryPAX On Oct 14, 2025, the Financial Services and Markets Authority (FSMA) issued a warning about BerryPAX for the lack of the required authorization. https://www.fsma.be/en/warnings/fraudulent-trading-platforms-strike-again
BerryPAX
VisitRisk Level - High
BerryPAX
Risk Level - High
Scam Evidence & Warnings
BrokersView has reviewed that BerryPAX is an unregulated broker According to its website, it claims to be regulated by the Mwali International Services Authority (MISA) and registered in Saint Lucia. However, no matching information was found in MISA. As is well known, Saint Lucia does not have the authority to regulate foreign exchange. Furthermore, the Financial Services and Markets Authority (FSMA) issued a warning about BerryPAX for the lack of the required authorization. BerryPAX is not regulated by any authority. Therefore, BerryPAX is a scam.
The Japan FSA issues a warning against BerryPax On March 26, 2026, the Financial Services Agency (FSA) issued a warning against BerryPax for the lack of the required authorization. https://www.fsa.go.jp/ordinary/chuui/mutouroku/04.html
Anyone contacted with BerryPAX? I asked them for help but no answer Dear Investor, BerryPAX is an untrustworthy platform that operates without authorisation from any recognised financial regulatory body. Its website provides no verifiable information about its regulatory status, merely stating that the company is registered in Saint Lucia. However, to the best of our knowledge, Saint Lucia currently has no regulatory authority overseeing foreign exchange trading activities. While we can confirm that a matching company exists in the Saint Lucia 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 licenses forex trading activities. Operating without proper oversight increases the likelihood of fraudulent trading practices leading to fund loss. Therefore, we strongly recommend that you avoid depositing funds or conducting any transactions through this platform. View Source
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