In this review, we will describe why your funds are not safe with SFEMFX.
Is SFEMFX Legit ?
SFEMFX is an offshore broker. Problem with offshore brokers is that they are not reliable and abuse the regulations. Make sure to stay away from this broker as they are anonymous and that they can disappear any time without notice.
To make sure you are dealing with a regulated and known broker, you should be able to find easily who is the CEO of this brokerage firm, who is running it etc. Lack of information is a big red flag since you don’t know who will be dealing with YOUR MONEY. This is the reason why your funds are not safe with SFEMFX.
Are Funds Safe with SFEMFX ?
With such lack of information and SFEMFX being offshore, funds are not safe. Security of funds is a huge problem with offshore brokers. A red flag that we noticed is SFEMFX is withholding vital information to users.
SFEMFX could go bankrupt from one day to another since there are no banking information about this broker.
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SFEMFX Review: our Conclusion!
SFEMFX is an offshore broker. If you have been scammed, check out our ChargeBack process here or get a Free Consultation by a team of expert by clicking here.
SFEMFX Scam Review
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Website URL : www.sfemfx.com
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Type of Scam : Offshore Broker
Yes, SFEMFX is a scammer’s website and I’m a victim of it~!
I am in the US and yes, they are egregious. Three days after I requested a withdraw(I have a balance of 30K+ in there), the customer service person just deleted hiss/her LINE account, and all I left with to contact them is the email address they have on their website, but they never reply to that. SFEMFX used to be MFF, I guess they became so notorious that they changed their domain. So they can disappear again and switch to another name without notice. It is still beyond me how can such things exists. So stay away from it.