BrokersView has found that Diamond Fx appears to be a scam Diamond Fx 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, Diamond Fx appears to be a scam.

How about Diamond Fx? Dear Investor, We would like to alert you that Diamond Fx is not a trustworthy broker, as it does not hold a valid financial license from any reputable regulatory authority. Diamond Fx claims to operate under DiamondFx Limited, a company registered with the Saint Lucia International Financial Centre (IFC). While such a company does appear in the Saint Lucia IFC registry, this registration only confers International Business Company (IBC) status. Importantly, an IBC registration is not a financial license. The Saint Lucia IFC does not regulate or authorize forex trading activities. Furthermore, Diamond Fx is not licensed by any recognized financial regulator worldwide. This lack of proper oversight is a serious red flag and strongly suggests potential fraudulent activity. For your own protection, we strongly advise against depositing funds or trading with Diamond Fx. View Source