BrokersView has found that DollreX Capital appears to be a scam DollreX Capital 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, DollreX Capital appears to be a scam.
DollreX Capital
VisitRisk Level - High
DollreX Capital
Risk Level - High
Scam Evidence & Warnings
DollreX Capital is regulated? Dear Investor, DollreX Capital is an unregulated trading platform. Our investigation reveals that the broker’s website displays no regulatory or licensing information. The platform merely states that it is registered in Saint Lucia. Please be aware that a simple business registration in Saint Lucia does not constitute a financial services license, but only confer to IBC status. Operating without authorization from a recognized financial authority means there are no safeguards for your funds. Given the complete lack of valid regulation, we strongly advise you to avoid depositing any funds with DollreX Capital. To ensure the safety of your capital, please choose brokers licensed by reputable, top-tier regulatory authorities. View Source
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