Press "Enter" to skip to content

FAX LTD May Be a Scam

FAX LTD presents itself as an international online brokerage platform offering CFD trading services across multiple asset classes, including forex, stocks, commodities, precious metals, and cryptocurrencies. While the company promotes advanced trading conditions and access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, closer examination reveals unverified registration claims, a lack of regulatory oversight, and minimal market presence.


Corporate Background and Regulatory Overview

Company Registration

FAX LTD claims to be registered in Saint Lucia, but independent verification through the Saint Lucia International Business Companies and International Trusts Registry and the Financial Services Regulatory Authority (FSRA) found no official record of the company’s incorporation or licensing.

Regulatory Status

As of now, no evidence indicates that FAX LTD is regulated by any recognized financial authority in Saint Lucia or elsewhere. Without such oversight, there are no guarantees regarding the platform’s compliance, operational transparency, or client fund protection.


Website Domain Information

Domain Registration

Whois data shows that FAX LTD’s official domain, https://fax.trade, was registered on January 22, 2025, and last updated on October 14, 2025. The recent domain registration suggests that the platform is a newly established entity with no proven operating history in the online trading industry.

Implications of Domain Age

For brokerage services, a long-standing domain often reflects stability and credibility. In contrast, FAX LTD’s short domain lifespan indicates it may still be in its initial development stage, lacking verifiable long-term reliability.


Trading Services and Market Offerings

Available Products

FAX LTD offers a multi-asset CFD product range, allowing users to trade:

  • Foreign Exchange (Forex)
  • Stocks and Indices
  • Commodities and Precious Metals
  • Cryptocurrency CFDs

This product mix positions FAX LTD as a CFD-focused brokerage targeting users seeking access to global financial instruments. However, there is no verified data on its liquidity providers or actual market execution environment.


Trading Platforms and Technology

Platform Access

According to its website, FAX LTD provides trading access through MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

Verification Results

The Traderknows research team confirmed that FAX LTD does not appear on the official MT4 server list, but its details are visible in the MT5 environment. This suggests that while MT5 is legitimately deployed, the company’s MT4 offering may not be operational or officially connected to licensed MetaQuotes servers.

Platform Credibility

Traders should exercise caution when downloading or using third-party MT4/MT5 links from unverified brokers, as unauthorized versions can pose cybersecurity and data privacy risks.


Contact Details and Communication

Official Contact Channels

FAX LTD lists the following contact options:

Currently, there is no phone support or live chat available. The absence of direct communication channels significantly limits customer support accessibility, which is atypical for a global brokerage.


Claimed Company Address

Office Location

The company claims to operate from:
Foti Kolakidi 16, 1st Floor, Agia Zoni, 3031, Limassol, Cyprus.

However, public records and independent searches reveal no registered business named FAX LTD at this location, leaving doubts about whether the stated office exists or functions as part of its operations.


Social Media and Public Activity

Social Media Presence

No verified official accounts for FAX LTD exist on major platforms such as LinkedIn, Twitter, or Facebook. This lack of social engagement is unusual for an online broker, as legitimate firms typically maintain an active online presence to communicate updates, educational content, and market analysis.


Website Performance and Market Visibility

Traffic Insights

Data from Semrush indicates that https://fax.trade receives approximately two visits per month—a level of activity that points to very limited market reach and low trader engagement.

Interpretation

Such minimal traffic may suggest that the platform has not yet gained traction among investors, or that its operations are not widely recognized or trusted within the trading community.

FAX LTD FAQ

Q1: What is FAX LTD?

FAX LTD is an online trading platform that provides CFD trading on forex, stocks, commodities, precious metals, and cryptocurrencies.

Q2: Is FAX LTD regulated?

There are no confirmed records of regulation in Saint Lucia or any other jurisdiction. The company operates without recognized oversight.

Q3: What trading platforms does FAX LTD support?

It claims to offer access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5), though only MT5 appears to be partially active.

Q4: When was FAX LTD’s website registered?

The domain fax.trade was created on January 22, 2025, showing a short operational history.

Q5: How can users contact FAX LTD?

The platform provides an email address ([email protected]) and a web contact form, but no phone number or live chat support.

Q6: Does FAX LTD have social media accounts?

No official social media presence has been found, which limits transparency and public engagement.

Q7: What is known about FAX LTD’s office address?

The company lists an address in Limassol, Cyprus, but no registration record confirms its physical existence there.

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *