We have received notice from whistleblowers that the broker scam FitRex (www.fitrex.eu) is still active. The scam is operated by the offshore entity Irkasio Holdings Ltd, St. Vincent & the Grenadines, and Irkasio Systems OÜ in Estonia. The UK regulator FCA issued an investor warning against the scam in February 2021. Karin Therese Hallkvist is registered as the sole director of Irkasio Systems in Estonia. We found GumBallPay, NeoBanq, and Texcent as facilitating payment processors.
Whistleblowers tell us that the Fitrex scam also operates in Australia. For example, a boiler room agent named Denis Ischenko assures us that Fitrex is a licensed provider and that he is a licensed trader in the United Kingdom. This is bullshit. As far as we know, Fitrex has not registered anywhere but is an outright scam. Stay away, stay safe.