Reported Website: https://www.ryoex.com/en
RYOEX claims to be a regulated brand of Ryo Global Markets Limited, citing a Saint Lucia IFC business license, U.S. SEC Exchange Act Registration (ERA), and FinCEN MSB registration (No. 31000305408880). While the entity appears in the Saint Lucia IFC and FinCEN databases, these registrations are misleading: the IFC only registers international business companies and does not license forex brokers, and FinCEN’s MSB status covers only money transmission—not trading or investment services. Crucially, no record of the firm exists in the SEC’s official broker-dealer registry, directly contradicting its ERA claim. Given these false regulatory assertions, RYOEX appears to be a scam.
