SydneyFX scam or legit?
SydneyFX is a scam. Traders are advised not to invest in the assets of Sydney FX and withdraw funds if you have already invested. SydneyFX is based in Cyprus and that seems to be a big Red flag on the legitimacy of broker. There are countless number of fraud companies based in Cyprus which are suspected to carry unauthorized financial activities.
No Regulation
There is no sign of regulation mentioned in the SydneyFX official website which is https://sydneyfx.io/ . Regulation by a good and recognized regulating body is needed so that the traders can feel comfortable and secure in trading with a broker. Regulators like ASIC Australia, FCA UK, FINMA, Consob and others keep an eye on the brokers regulated by them and do not allow them to conduct unregulated and unauthorized activities so that the interests of traders are kept safe.
Complaints against SydneyFX and Warning
There are numerous complaints against SydneyFX broker and many review websites like WikiFX has posted negative reviews for this broker. ASIC has issued a warning against SydneyFX.io and warned the Australian consumers to stay away from this broker as it is not authorized by them to conduct business there in Australia.. The warning can be found here
Scammed by SydneyFX ? Trust Scam Helpers for Recovering Lost Funds!
If SydneyFX or other scams have defrauded you, seek help from Scam Helpers to recover lost funds. By filing a complaint, you initiate the process of fund recovery, preventing further harm. Act now to protect yourself and others from deceitful brokers. Your actions can make a difference in stopping fraudulent activities and holding perpetrators accountable. Take a stand and reclaim what’s yours. By having Scam Helpers on your side, you can successfully manage the complexity of fraud, protecting your financial security and helping to create a safer online environment for everyone.
More about Scams
Read about Forex Trading Scams, Facebook Scams, Romance Scams, Crypto currency Scams, Social media scams and others.
Visit our Facebook Page
Visit our Twitter account
Read the comprehensive list of Scam brokers here
Note: The information provided in the above SydneyFX review is based on existing SydneyFX reviews. It is important to note that we are not responsible for any legal action taken by SydneyFX.com company. For any inquiries or concerns, please contact us via email at admin@scamhelpers.net.