The dossier on FxRevenues has been compiled using publicly available sources including court records, regulatory filings, corporate registries, archived media reports, and other verifiable documents. Research is conducted in collaboration with journalists, OSINT analysts, researchers, and citizen contributors.
The information presented is provided for informational and research purposes only and does not constitute legal advice or a legal determination regarding FxRevenues. We welcome credible evidence, corrections, or additional documentation that may help improve the accuracy and completeness of this record.
FxRevenues has drawn attention due to warnings by multiple financial regulators, a lack of proper licensing, and a stream of user grievances. What follows is a critical examination of major red flags tied to its operations.
Lack of Regulatory Oversight: FxRevenues has been publicly flagged by several authorities—including New Zealand’s FMA, the UK’s FCA, and Ontario’s OSC—as operating without proper authorization. It has no confirmed derivative-issuer license in New Zealand, is unlicensed in the UK, and is not registered in Ontario .
Despite claiming affiliation with the SVG FSA, the provided registration number is either incorrect or non-existent in official records—and SVG FSA doesn’t regulate forex anyway—raising serious doubts about legitimacy .
Reported Platform Malfunctions & Loss of Control: A credible user complaint outlines a failure on the platform to allow the closing of trades and withdrawing of funds. The user alleges their account was effectively disabled—locking in significant profits they couldn’t access—and communication from support went unanswered .
Such issues reflect typical signs of platform manipulation or poorly managed brokerage infrastructure and raise alarm about investors’ loss of control over their capital.
Persistent, Highly Negative Customer Feedback: On Trustpilot, FxRevenues holds a low “TrustScore” of around 2 out of 5, with numerous reviews describing high-pressure tactics, poor service, and suspicious behavior—such as remote access tools being installed remotely
Reviews.io similarly reflects poor sentiment, with an average rating near 2.1 across hundreds of reviews and many explicitly labeling the service as “bad”
Expert Analysis Raises Alarm: Financial watchdog platforms like Traders Union advise against any engagement with FxRevenues, noting its complete absence of regulation by even basic Tier-1, Tier-2, or Tier-3 authorities. They further note the company’s offshore registration is unverifiable and its management information unclear or absent.
BrokerChooser, another well-recognized evaluative outlet, similarly deems FxRevenues unsafe and untrustworthy in recent analysis
Broader Pattern of Misleading Practices: The related trading entity—a firm operating under the names FxRevenues and VHNX—has been accused of misleading claims, including falsely presenting leverage options and misusing regulatory references. The shared websites and overlapping design hint at evasive structuring
These practices point toward deliberate confusion tactics rather than transparent trading operations.
FxRevenues exhibits multiple significant risks: no credible regulatory oversight, user-reported platform dysfunctions, overwhelmingly negative customer feedback, and expert warnings. These issues collectively suggest pronounced reputational and operational vulnerabilities. While the company markets itself as a low-cost and accessible trading platform, all available indicators warrant heightened caution. Potential investors should prioritize transparency, licensing, and secure investor protections—elements notably absent in FxRevenues’ case.
Compliance and Regulatory Intel for FxRevenues
| Risk Category | Assessment Question | Status |
|---|---|---|
| Liabilities | Does have any significant outstanding liabilities that may pose financial risks? | Not Known |
| Undisclosed Relations | Are there undisclosed business relationships or affiliations linked to ? | Definitely Yes |
| Sanctions or Watchlist Matches | Is listed on any international sanctions or compliance watchlists? | Possibly Yes |
| Criminal Record | Does have a record of criminal activity or related investigations? | Not Known |
| Civil Lawsuits | Are there civil lawsuits, past or present, involving ? | Definitely Yes |
| Regulatory Violations | Has faced regulatory violations or penalties? | Not Known |
| Bankruptcy History | Has filed for bankruptcy or been involved in any bankruptcy proceedings? | Definitely Yes |
| Adverse Media Mentions | Have there been significant adverse media mentions related to ? | Definitely Yes |
| Negative Customer Reviews | Are there negative reviews or complaints from customers or clients about ? | Definitely Yes |
| High-Risk Jurisdiction Exposure | Does operate within or have exposure to high-risk jurisdictions? | Definitely Yes |
| Ongoing Investigations | Is currently subject to any ongoing investigations? | Possibly Yes |
| Fraud or Scam Allegations | Have there been fraud or scam allegations involving ? | Definitely Yes |
| Reputational Risk Incidents | Have there been incidents significantly impacting ’s reputation? | Definitely Yes |
| High-Risk Business Activities | Is engaged in any high-risk business activities? | Definitely Yes |
Our Research Methodology for FxRevenues
Sources, verification, and research standards behind our reports.
Public Records Review
LegalObserver analyzes verifiable public records including court filings, regulatory disclosures, enforcement actions, corporate registries, and government databases. Each entry links to original documentation whenever possible to allow independent verification.
Court Filings & Litigation
We examine civil, criminal, and regulatory proceedings involving the subject. This includes lawsuits, judgments, settlements, injunctions, and other documented litigation history obtained from court databases and legal archives.
Corporate & Ownership Data
Corporate filings, director records, shareholder disclosures, and beneficial ownership data are reviewed to identify business affiliations, control structures, and related entities.
Regulatory & Compliance Records
We review enforcement notices, regulatory actions, sanctions listings, compliance warnings, and disciplinary records issued by financial, governmental, and professional authorities.
Media & Archive Research
Coverage from established news organizations, investigative journalism outlets, and archived publications is analyzed to document historical reporting and public narratives associated with the subject.
OSINT Intelligence
Open-source intelligence techniques are used to gather and cross-reference information from publicly accessible sources including corporate registries, official disclosures, archived webpages, and investigative databases.
Censorship & Takedown Monitoring
LegalObserver documents verified attempts to suppress or remove public information, including questionable copyright claims, takedown notices, or legal threats directed at publishers or archives.
Risk & Context Analysis
All verified information is evaluated for context and relevance. The goal is to present documented facts, legal developments, and historical records in a structured format that helps readers understand potential legal, reputational, or compliance risks.
Internet Archives and Screenshots – FxRevenues
About us
- LegalObserver publishes investigative dossiers compiled from publicly available sources including court records, regulatory filings, corporate registries, and archived media reports.
- Our research is conducted in collaboration with journalists, OSINT analysts, researchers, and citizen contributors who review and cross-reference verifiable information.
- We publish information for research and public interest purposes and welcome credible evidence, corrections, or additional documentation that may improve the accuracy of our records.
Source of Information
- 1 WikiFX WIKIFX Alert: Two Unlicensed FX Brokers, VHNX and FxRevenues Has Warned by FMA New Zealand Retrieved 28/08/2022
- 2 Brokersview Scam Exposed: New Zealand FMA Warns Against Unlicensed FX Brokers - VHNX and FxRevenues Retrieved 22/08/2022
- 3 Brokersview FxRevenues Operating status:: SCAM Retrieved 10/08/2022
- 4 Trustpilot Negative Review of FxRevenues Retrieved 08/05/2025
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Jon Garnett
Australia
Intel Reports
6
Trust Score
1.8
Ankur Agarwal
Dubai, United Arab Emirates
Intel Reports
1
Trust Score
1.9
User Feedback
Public feedback and intelligence submitted by readers and researchers
2.1
Average Ratings
Based on 3 Ratings
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FxRevenues lured me in with false promises and I invested $25000 only to realize it was a huge mistake my funds are locked and support has vanished I feel completely helpless and betrayed.
Tried withdrawing $15000 from FxRevenues but they keep making excuses and now my money is stuck with no way out.
I deposited $10000 into FxRevenues and now my account is frozen with no response from support I feel completely scammed.