The Spanish Financial Market Authority CNMV has issued a warning against the broker ThorFX. The broker is supposedly operated via the Marshall Islands (which are still not submerged in the ocean). Customers can make deposits via cryptocurrencies as well as buy cryptocurrencies via credit/debit card. Stay far away. Protect your money and your private data.
ThorFX Key Data
| Trading name | ThorFX |
| Fraud activity | Broker scam |
| Domains | https://thorfx.com |
| Social media | X (Twitter), Instagram, Facebook |
| Legal entities | Thor Markets LLC |
| Jurisdiction | Marshall Islands St. Vincent & The Grenadines |
| Contact data | not disclosed |
| Related individuals | not disclosed |
| Payment options | Credit and debit cards, crypto |
| Payment processors | not disclosed |
| Authorization | No |
| Trustpilot | 2.5-star rating with “Poor” trust level |
| Compliance rating | Black |
| Warnings | CNMV |
Short ThorFX Narrative
Thor Markets LLC was allegedly registered in St. Vincent & The Grenadines until a few months ago before the website now lists Marshall Islands as the responsible jurisdiction. We have not found this legal entity on any of the islands in the vast ocean.
The account on TrustPilot has not yet been claimed. ThorFX currently holds a Poor Trust Level there with 2.5 stars. At least this rating is correct, as this corresponds to a scam level.
Report Scammers
If you have any information about ThorFX, its operators and facilitators, or other scammers and their activities, please let us know via our whistleblower system, Whistle42.
