Reported Website: https://www.sg-fx.com/
SGFX claims to be licensed as a foreign exchange dealer under Belize International Financial Services Regulatory Commission (Belize FSC) with license number: IFSC/60/431/TS/18. However, we did not find any match results to the company name or the license number in Belize FSC. The regulatory info this broker claims is a false statement for unsuspecting traders. The truth is that SGFX is not overseen by any regulators. Investors’ funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
