Broker Review

Unauthorised Firm Details
Name: Volarix
Website: volarix.com

Volarix Review – Risky Broker or Scam?
Volarix presents itself as a trading platform offering access to forex and CFDs. The website claims to hold a Money Services Business (MSB) registration from the U.S. Financial Crimes Enforcement Network (FinCEN). At first glance, the platform may appear legitimate, but verification shows significant concerns.

While an MSB registration exists in FinCEN’s database, this does not authorize forex trading. In the United States, legitimate forex brokers must be registered with the Commodity Futures Trading Commission (CFTC) and be members of the National Futures Association (NFA). Volarix has no record in the NFA database, meaning it operates without proper regulatory oversight.

Key red flags include misleading claims about regulatory compliance, lack of verified licensing, and the potential for traders to lose funds due to unregulated operations. There is no legal recourse if disputes arise or funds are misappropriated.

Bottom line: Volarix is unlicensed and high-risk. Investors should avoid depositing funds. If you have already engaged with the platform, preserve all communications, account details, and transactions, and report the matter to your local financial regulator immediately.

Part 2 – Location Notes
Volarix

• Claimed Registration / Base: United States

• License Status: Not valid / Unauthorised for forex trading

• Domain Age: Recent registration (limited operational history)

• Customer Activity: Targets global retail traders, including U.S. clients

• Regional Alert: High-risk exposure for users in the U.S., Europe, and other regions requiring regulated brokers