Warning: Is Regina Forex a Scam?

Unregulated

Regina Forex (reginaforex.com) has been flagged as a potential scam broker. It appears to be unlicensed.

Investigation: Regina Forex (reginaforex.com)

We audited Regina Forex (reginaforex.com) and discovered alarming facts.

We found that it is located at 2102 11th Ave, Regina, SK S4P 3Y6 Canada, and the support email is cs@reginafx.com.

Regina Forex presents itself as a investment platform, but it appears illegal by any credible authority, such as the FCA or SEC.

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Can You Trust Regina Forex?

The major sign is that Regina Forex (reginaforex.com) has no license from a credible authority.

Investing with unlicensed brokers is highly unsafe. Trusted firms are always authorized with bodies like the FINRA or FCA to protect investors.

Regina Forex lacks this supervision. This means there is no safety net if they keep your funds. Many online scams involve unlicensed entities, and recovering funds from them is difficult without expert assistance.

For instance, in Europe, unauthorized firms are outside the jurisdiction of the Financial Ombudsman. In America, they are not part of regulatory bodies, meaning your money is at risk.

How They Steal Money

Investment fraud is evolving. Scammers use psychological tricks to steal your savings. Here are typical tactics seen in brokers like Regina Forex (reginaforex.com).

The "Romance" Trap

"Pig Butchering" is a brutal tactic where scammers groom victims over months. They build a romance online. Eventually, they mention a special crypto opportunity. It's a trap to lure you onto a scam site like Regina Forex.

Rigged Platforms

Fraudsters build websites that mimic real trading apps. You see graphs and balances that increase. But it is a fake. The scammer manipulates the prices to make you feel rich to deposit more. If you ask for a payout, the "profits" are gone.

Red Flags

  • Unsolicited Contact: You get calls from "brokers" out of the blue.
  • No License: The company has no legal registration.
  • High Returns: They guarantee 1% daily returns or risk-free trades.
  • Withdrawal Issues: You cannot get your money out. They ask for "tax fees" before releasing funds.
  • Aggressive Sales: "Account managers" push you to deposit more.

Do not trust positive ratings. Fraudulent brokers frequently write their own 5-star comments to appear real.

Conclusion

We do not recommend Regina Forex. It appears to be a scam. Save your funds and find a licensed broker. Avoid reginaforex.com at all costs.