The case coordinates for FAX LTD were fixed the moment an official warning list picked the operation up. Our review of the available trail supports that placement.
Position on the risk map
FAX LTD claims to be a online trading platform registered in Saint Lucia, operated in Cyprus, which offers a range of investment products to traders, including Forex, Commodities, Indices, Stocks, Cryptocurrency and more instruments for trading in global markets. Upon investigation, we found that FAX Ltd is registered with the International Financial Centre (IFC) in Saint Lucia, an International Business Companies Registry that doesn't license forex trading brokerage activities. However, FAX LTD is not regulated by the Cyprus Securities and Exchange Commission (CySEC). The truth is that FAX LTD is not regulated by any regulators. Letting it hold or control investors'money is unsafe, and the money can not be protected by any laws. FAX LTD is a scam.
Red flags on the map
- Pressure to deposit more in order to unlock earlier deposits
- Appears on an official regulator or fraud-warning list
- No verifiable licence for the jurisdictions it targets
- Withdrawal friction: new fees or conditions appear at cash-out time
If you have funds with FAX LTD
Stop sending money immediately – especially any payment framed as a tax, unlock fee, or verification deposit. Preserve everything: transaction hashes, wallet addresses, receipts, chat logs and emails. The paper trail is what a recovery review runs on.
Cointiverse can chart where the funds moved and give you an honest read on whether a realistic path exists. Start a confidential case review – there is no obligation, and the first assessment is free.