SequalFX.com promotes Forex and CFD trading, while My.SequalFX.com is used for registration, account access, deposits and withdrawal requests. The broker advertises fast transactions, cTrader access and more than 250 instruments.
The central issue is whether the company’s Saint Lucia registration provides meaningful financial supervision.
Is SequalFX Regulated?
SequalFX states that it is operated by SequalFX Ltd, incorporated in Saint Lucia under registration number SL-2025-00123. The website also claims that the company is authorised to provide international Forex and CFD brokerage services.
However, Saint Lucia’s Financial Services Regulatory Authority has issued a general warning explaining that Forex businesses are not licensed in Saint Lucia. The regulator also states that documents suggesting a Forex company is registered, licensed or affiliated with the FSRA may be misleading.
This distinction matters. Incorporating a company in Saint Lucia is not equivalent to holding a recognised retail brokerage licence from regulators such as the FCA, CySEC, ASIC or another securities authority.
During this review, I did not identify a clearly verifiable financial-services licence directly covering SequalFX.com or My.SequalFX.com.
Company Information Raises Questions
The website publishes several different versions of its address:
- Ground Floor, The Sotheby Building, Rodney Bay;
- 1st Floor, Finance Centre Building, Bridge Street, Castries;
- a placeholder in the client agreement stating that the registered address must still be confirmed by the corporate service provider.
The presence of an unfinished placeholder inside an active client agreement is unusual. It creates uncertainty about which address is legally connected to client contracts. The terms also state that SequalFX acts as principal to transactions and may suspend or terminate accounts at its discretion.
The company claims to have operated since 2018. Public WHOIS reporting, however, indicates that SequalFX.com was registered in August 2025. A newer domain does not prove wrongdoing, but the earlier operating history should be supported by previous websites or corporate records.
Deposits and Withdrawals
SequalFX states that deposits and withdrawals are currently handled only through cryptocurrency. Clients send funds to a wallet address generated inside My.SequalFX.com, while withdrawal requests are reviewed before approval.
Crypto-only payments provide fewer reversal options than ordinary card payments. Before depositing, clients should confirm:
- Which legal entity controls the receiving wallet.
- Whether each wallet address belongs to SequalFX Ltd.
- How long withdrawal reviews normally take.
- Which fees apply.
- What external dispute procedure is available.
The terms say that fees may be deducted directly from the account. Therefore, unexpected demands for separate tax, insurance, AML or account-unlocking payments should be examined carefully.
SequalFX Withdrawal Problems
Publicly available information is currently insufficient to establish the platform’s overall withdrawal record. It would be inaccurate to claim that every request is rejected.
Concern is justified when a SequalFX withdrawal remains pending and support requests further cryptocurrency for:
- tax clearance;
- verification or AML approval;
- wallet activation;
- liquidity confirmation;
- account insurance;
- withdrawal unlocking.
A balance displayed inside My.SequalFX.com does not independently prove that matching assets are held or that trades were executed on an external market.
Final Assessment
SequalFX.com and My.SequalFX.com provide more information than a completely anonymous trading portal, including contact details, legal documents and a stated Saint Lucia company number.
Nevertheless, the company’s incorporation should not be confused with a regulated Forex licence. The Saint Lucia FSRA explicitly states that Forex businesses are not licensed there. Conflicting addresses, an unfinished placeholder in the agreement, crypto-only payments and the limited domain history create additional transparency concerns.
Potential clients should verify the company independently and understand that investor compensation and external dispute protections may be limited.
Unable to Withdraw From SequalFX.com or My.SequalFX.com?
If your SequalFX withdrawal is pending, your account has been restricted or another cryptocurrency payment is being requested, stop transferring additional funds. Preserve dashboard screenshots, wallet addresses, transaction hashes, emails and support conversations.
You can submit the details for an initial review and ask which records may be useful when contacting your exchange, bank or relevant authority. No recovery result can be guaranteed.
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