The Financial Commission has determined that the company LordFX and its associated website are mimicking approved membership status in the organization.
The company LordFX ceased to be a member of the Financial Commission on August 11, 2022, when it was expelled from membership due to repeated violations of the membership Rules and Guidelines specific to the payment of membership dues. The Financial Commission has determined that the indicated company and associated website may be used to scam and defraud traders and investors by continuing to display information regarding membership in the Financial Commission. As such, the Commission does not recommend doing business with this entity, either individuals purporting to represent this broker on social media or in private messages on popular messaging apps. Given this information, LordFX will be placed on the Financial Commission’s Warning List.