Metro FX (metrofx.ltd) Review: Unlicensed Forex Platform

Euston Tower in London, Exchange Tower in Toronto: according to the FCA record, Metro FX operated at metrofx.ltd and gave two famous office towers as its addresses, creating the impression of a long-established brokerage. In June 2026 the name appeared among the schemes reported by victims in a Turkish-language forex complaint channel.
🚨 Which Regulators Issued Warnings?
On 12 January 2023 the FCA added Metro FX, operating at metrofx.ltd, to its list of unauthorised firms; the next day the warning was also shared by Finanstilsynet, Norway's financial supervisory authority, and entered the international warning network of IOSCO. The tower addresses shown are the kind of prestige addresses that such schemes borrow. No active registration for the domain can be seen today.
Article 109 of Capital Markets Law No. 6362 makes it a crime to carry out capital markets activity without permission. Authorised institutions appear on the SPK list of intermediary institutions; we have also explained how to check an SPK licenceTR.
🔍 Other Schemes With Metro in Their Name
The Metro Investment scheme we covered earlier, at metroglobalinvestment.com, is a different operation with a similar nameTR; METROPLUS TRADING also runs under a separate domain. No common trace was found between Metro FX and these addresses. No connection has been identified either with any licensed intermediary institution operating in Türkiye that has "Metro" in its name.
🔗 Other Platforms Using the Same Method
We have also examined other schemes that build trust by using famous addresses or a regulator's name.
- Yunikon FX: a claimed NFA membership with no match in the recordsTR
- Core Spreads: a clone imitating an FCA registration
- TusarFX: an unlicensed offshore MT4 brokerTR
🧭 How Does the Process Work?
- Where payments were made by card, transfer or through a crypto exchangeTR, the trail is followed accordingly.
- The investigation is followed up to the indictment stageTR.
- A legal claim is pursued for a refund from the overseas firm.
For detailed information and legal support, you can contact Savun Law & Consultancy.
❓ Frequently Asked Questions
Is Metro FX really a company with an office in London?
Are Metro FX and Metro Investment the same?
metrofx.ltd does not open. Are they using another address?
Can the money I deposited with Metro FX be recovered?

Questions & answers · Istanbul Bar Association 75235
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This page is an English adaptation of our Turkish article Metro FX (metrofx.ltd) Forex Dolandırıcılığı.
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