Is AitsFX Scam or Legit Broker?

According to our research, AitsFX is a total scam. The broker is not regulated and has no legal right to provide financial services to the public. Moreover, AitsFX has been suspected of fraud, when pretending to be another company with a better reputation.

  • The fact is that St. Vincent and the Grenadines is an offshore zone, which does register the financial investment firm, but provides very poor if none requirements for the company operation. That means, the broker is not regulated, not overseen, and does not comply with strict international rules that provide protective measures to the traders. Therefore, it became an offshore zone for shady forex brokers such as CVC Markets, AAG Markets, and more. Read more about St. Vincent and the Grenadines regulation by the link.


About AitsFX
🗺️ Registered inSt. Vincent and the Grenadines
🗺️ Type of LicenseOffshore License
🛡️ Is AitsFX safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerFP Markets - licensed by ASIC in Australia

What is AitsFX?

AitsFX is a Forex and CFDs broker. The company is owned and operated by AITS FX Ltd, registered and licensed by the Financial Services Authority of St. Vincent and the Grenadines. However, St. Vincent and the Grenadines is an offshore zone and it does not provide sufficient protection.

  • On its website, AitsFX provides the contact number with a British phone code, which is a sign that the company has been targeting UK residents when it is clearly not authorized for providing financial services in the UK.
  • Also, FSA has announced that it does not issue any licenses for forex trading or brokerage nor does it regulate, monitor, supervise, or license international companies, which engage in such activities.

AitsFX - official website

AitsFX Review Conclusion

We keep reminding traders that dealing with offshore brokers is quite risky as clients have no protection for their funds and sometimes such entities turned out to be scams. Instead, we recommend choosing among brokers licensed by FCA in the UK or CySEC in Cyprus. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as FXTM and XM

AitsFX Update

Based on our research, the AitsFX website is inactive. This means the broker has muted its trading offering and does not operate. However, we recommend avoiding and staying alert in case of any proposals. 

No news available.

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