📊 General Information
| Parameter | Details |
|---|---|
| Website | https://www.fxonet.my |
| Company Name | Fxonet Ltd |
| Project Type | Offshore pseudo-broker offering CFD, Forex, and crypto trading |
| Domain Registration Date | June 24, 2025 |
| Last Update | June 29, 2025 |
| Expiration Date | June 24, 2026 |
| Domain Age | Less than 4 months |
| Registrar | MYNIC (Malaysia) |
| Name Servers | ns-94.awsdns-11.com, ns-1303.awsdns-34.org, ns-838.awsdns-40.net, ns-1680.awsdns-18.co.uk |
| Regulation | Mwali (Comoros Islands) license BFX2024049 — expired on March 20 2025 |
| Registered Address | P.B. 1257 Bonovo Road, Fomboni, Comoros KM |
| Minimum Deposit | Not specified (approx. $250) |
| Payment Methods | Bank cards, cryptocurrencies |
| Markets | Cryptocurrencies, Currencies, Stocks, Commodities, Indices |
| SSL Certificate | Basic Cloudflare SSL |
| Site Status | Active |
📌 Extended Information
- Official website: https://www.fxonet.my
- Business model: pseudo-broker offering access to cryptocurrency, currency, stock, commodity, and index markets.
- Company: Fxonet Ltd registered in the offshore jurisdiction of Mwali (Moheli, Comoros Islands).
- License number: BFX2024049 — confirmed by Mwali International Services Authority.
- License validity: March 20 2024 – March 20 2025 (expired).
- Declared regulator: Mwali International Services Authority (MISA), an offshore entity with minimal investor protection.
- Client portal: https://www.fxonet.my/international/ru
🔍 WHOIS Data
Name: fxonet.myRegistry Domain ID: DO_a1d3fa7711abcaf61d1b53011fb602bb-MYNICRegistered On: 2025-06-24T13:44:37ZUpdated On: 2025-06-29T13:45:17ZExpires On: 2026-06-24T13:44:37ZStatus: client transfer prohibitedName Servers:ns-94.awsdns-11.comns-1303.awsdns-34.orgns-838.awsdns-40.netns-1680.awsdns-18.co.uk
The fxonet.my domain was created on June 24 2025, updated on June 29 2025, and will expire on June 24 2026.
It uses Amazon AWS DNS servers — common for hosting, but in combination with offshore registration and an expired license this setup looks highly suspicious.
The domain’s age — under four months — matches the typical lifespan of short-term scam brokers.
🧾 Legal and Regulatory Information
The company claims:
“This website (www.fxonet.my) is operated by Fxonet Ltd, registered on the island of Mwali (Moheli)… licensed under BFX2024049.”
Source: https://www.fxonet.my/international/ru
The license listing on the official regulator’s page — Mwali Registrar — confirms Fxonet Ltd existed, but the license expired on March 20 2025.
Therefore, the company currently operates without valid authorization while still advertising itself as “regulated.”
💬 Reviews and Reports
- BrokerChooser: states that Fxonet Ltd is not a safe broker and offers no real investor protection.
🔗 https://brokerchooser.com/safety/fxonet-ltd-broker-safe-or-scam - Trustpilot: average rating ≈ 3.2 / 5; many reports of withdrawal issues.
🔗 https://www.trustpilot.com/review/fxonet.my - BrokersView: covered a case in India where a victim lost ₹ 2 million through Fxonet after celebrity endorsement scams.
🔗 https://www.brokersview.com/news/online-trading-scam-fxonet-exposed-indian-woman-duped-of-over-rs-2-million-261502 - WikiFX (Wikibit): notes that Mwali licenses are offshore and offer no real safety to traders.
🔗 https://forex.wikibit.com/en/brokers/review/fxonet-ltd-4687798812.html - Gridinsoft Scanner: marks fxonet.my as a suspicious website with a trust score of 20 / 100.
🔗 https://gridinsoft.com/online-virus-scanner/url/fxonet-my - Facebook post: users warn that “Fxonet is a completely fake trading platform run by cyber criminals.”
🔗 https://www.facebook.com/shabnamshaikhs/posts/fxonetcom-fxonetonline-fxonetmy-completely-fake-trading-platform-only-profession/24626615003630802
🚨 Scam Indicators
- Offshore jurisdiction (Mwali) — one of the weakest regulatory frameworks globally.
- Expired license (BFX2024049) since March 2025.
- Hidden beneficial owners — no public records of directors or shareholders.
- Short domain age — less than four months.
- Multiple withdrawal complaints.
- No EU/UK registration or legal presence.
- AWS and Cloudflare used to mask servers and location.
⚖️ Conclusion
Fxonet (fxonet.my) is an offshore broker operating with an expired license and numerous complaints from defrauded investors.
Although it once held a registration in Comoros (Mwali), it no longer has any valid authorization and uses its expired license to appear legitimate.
💀 Verdict: Fxonet Ltd is a high-risk offshore pseudo-broker. Trading or investing through this company is not recommended.
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