Is FXPace a scam? Based on its regulatory footprint, withdrawal behaviour and corporate transparency, our verdict is clear — and concerning. Here is the full review.
None found
High (4/4)
Undisclosed
Avoid — do not deposit
Who is FXPace?
On the surface, FXPace looks like an ordinary forex and crypto broker. Its public site is presented at https://www.fxpace.com/en. But surface impressions are exactly what these operations rely on — the substance behind FXPace is where the problems begin.
Is FXPace regulated?
FXPace provides no verifiable regulatory licence. An unregulated broker answers to no one: it can freeze withdrawals, invent fees, and disappear with deposits, all without consequence. This alone is reason enough to stay away.
Red flags we identified
- Opaque or anonymous corporate ownership
- No credible physical address or verifiable corporate record
- No verifiable licence from a recognised financial regulator
- Aggressive “account managers” coaching clients to deposit
- Unrealistic profit claims and pressure to deposit more
Our analysis
On 13 Jan 2020, The Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning against FXPace for providing financial services without authorization and regulation. You may visit: https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&nombre=SALVAX%20LTD&lang=en
Can you recover money lost to FXPace?
If you have deposited with FXPace, do not pay any further “fees” to withdraw — that is part of the trap. Funds sent to operations like this can sometimes be traced on-chain and pursued through the exchanges and processors that received them. Whether recovery is realistic depends on how you paid and how quickly you act.
Were you scammed by FXPace?
You may still have options. Our team can trace where your funds went and tell you honestly whether recovery is realistic — with a free, confidential case review.
Start a free recovery review →Warning: never pay an upfront fee to anyone “guaranteeing” recovery. Cleverecovery does not guarantee outcomes.