1. Direct Judgment: Saint Lucia Company Registration ≠ Forex License, Registration Numbers Contradictory
Majesty Fx operates via majestyfx.com, claiming to be a global forex and CFD broker, offering MetaTrader 5, zero spreads, up to 1:1,000 leverage, fast withdrawals, and institutional-grade trading infrastructure.[1]
However, a Saint Lucia company registration does not equate to a forex license.
The website footer shows registration number 2025-00611, while the privacy policy and terms pages show 2025-00773.[2][6] TraderKnows' review indicates that 2025-00611 belongs to Primewave FX Ltd, while Majesty Fx Ltd corresponds to 2025-00773.[6]
Even a correct Saint Lucia registration number does not prove Majesty Fx holds a forex or CFD broker license.
Pinnacle Saint Lucia (the government-authorized international business company registry) clearly states: Saint Lucia currently does not regulate or license forex trading or binary options businesses, its function is company registration, not financial regulation.[7][8]
The website claims compliance with "global compliance standards," "supervised regulation," and that client funds are held in segregated accounts at "independent top-tier financial institutions."[9] However, it does not name any regulatory body, provide a license number, link to a regulatory register, or specify banks, custodians, or auditors. [2][9][10]
2. Domain Registered in October 2025, Claims "Thousands of Traders"
WHOIS shows majestyfx.com was registered on October 16, 2025.[11] As of July 7, 2026, the domain has existed for less than 9 months.
The website claims "join thousands of traders," "trusted globally."[2] These figures lack audited, execution quality reports or independently verified operational data.
3. Leverage Promotion Contradictions: 1:500 vs 1:1,000
Majesty Fx publishes contradictory leverage limits on different pages:
- Homepage: Maximum leverage 1:500[2]
- Forex page: Maximum leverage 1:1,000[12]
- Markets page: EUR/USD 1:500, Gold 1:200, Bitcoin 1:50[13]
- Metals page: Gold 1:500, Silver 1:400[14]
- Trading page: Forex 1:500, Metals 1:200, Indices 1:100, Cryptocurrencies 1:20[15]
Leverage determines the speed of account losses, margin call triggers, and client exposure relative to deposits. A broker requiring investors to accept leverage risks should provide consistent contract terms. Majesty Fx, however, publishes different limits for the same product category on different pages.
4. Negative Balance Protection Promise vs. Risk Disclosure
The platform page claims "client balances will never be below zero," guaranteeing negative balance protection.[9] The trading page similarly states clients "will never lose more than" their deposits.[15]
However, the risk disclosure warns: leveraged trading may result in losses "exceeding" the initial investment. [16]
If genuine negative balance protection applies to all retail accounts, the company should clearly define the legal scope of this protection and any exceptions. If clients may owe more than their deposits, promotional promises are misleading.
5. Platform Retains PrimeWave and ZForex Branding
The platform page includes instructions to "download the PrimeWave App"—PrimeWave is not the broker name presented on this page.[9] This remnant is noteworthy as Majesty Fx's displayed registration number 2025-00611 was previously associated with Primewave FX Ltd in the Saint Lucia registry.[6]
The account opening page references the "ZForex Logo".[3]
References to Majesty Fx, PrimeWave, and ZForex suggest the use of shared templates, white-label brokerage infrastructure, or copied website materials. White-label technology itself is not illegal, but financial companies should clearly disclose which legal entity operates the platform, holds client funds, and executes trades.
6. No Independent Evidence for Fund Segregation and Fast Withdrawals
Majesty Fx claims client funds are held in segregated accounts at independent top-tier financial institutions.[9] However, it does not specify the financial institution's name, publish client fund audits, bank confirmations, trust arrangements, or regulatory filings. The terms page does not identify a compensation scheme to reimburse eligible clients in the event of bankruptcy.[17]
The homepage states withdrawals are typically processed within 1 to 24 hours.[2] Trustpilot has complaints about $500 deposits not being credited, and Forex Peace Army has complaints about $1,000 deposits with $1,500 withdrawal requests going unanswered.[18][19] The sample size is small, but it involves the most critical operational issue for unlicensed brokers: whether deposits are credited and withdrawals are honored.
7. MTI Case Shows Professional Language and Online Account Balances Can Mask Large-Scale Fraud
The US CFTC states Mirror Trading International solicited Bitcoin from participants with a purported proprietary automated forex trading program, with authorities claiming most trading activity and reported profit information was false, and the court later ordered the company to pay over $1.7 billion in restitution, with its CEO ordered to pay over $3.4 billion.[20]
Majesty Fx has not been proven to be associated with MTI, but the comparison illustrates a broader principle: trading dashboards, claimed profits, and advanced technology do not prove the existence of real trading or secure custody.
8. What to Do If You've Already Deposited
Immediately stop adding any funds.
Do not pay any further "taxes," "verification fees," "liquidity fees," "anti-money laundering fees," or "account unfreezing fees."
Retain: account statements, trading records, emails, chat logs, phone numbers, wallet addresses, payment receipts.
Reporting channels: immediately contact your bank, card issuer, or cryptocurrency exchange. The FTC advises scam victims to contact the remittance company as soon as possible and request a reversal.[21]
US victims can report investment fraud to the FBI IC3, providing wallet addresses, transaction hashes, domain names, communication records, and contact information on how to start.[22]
Do not trust anyone who contacts you claiming to "recover funds", as the FBI has warned of fake law firms targeting cryptocurrency scam victims for upfront fees.[23]
9. Final Conclusion: Unlicensed Operation, Domain Registered in October 2025, Leverage Promotion Contradictions
Majesty Fx should be classified as a high-risk unlicensed broker:
- ❌ Saint Lucia registration ≠ Forex license, Saint Lucia clearly states it does not regulate or license forex trading[7][8]
- ❌ Registration number 2025-00611 belongs to Primewave FX Ltd, while the website also shows 2025-00773[6]
- ❌ Domain registered only on October 16, 2025[11]
- ❌ Leverage promotion 1:500 vs 1:1,000 contradictions[2][12][13][14][15]
- ❌ Negative balance protection promise vs. risk disclosure contradictions[9][15][16]
- ❌ Platform retains PrimeWave and ZForex branding remnants [3][9]
- ❌ No verifiable regulation, no license number, no regulatory body name, no register link [2][9][10]
- ❌ Fund segregation and fast withdrawal promises without bank name, audit, or custodian
Majesty Fx's Saint Lucia company registration is not a forex license, and the registration numbers are contradictory. The domain was only registered in October 2025, leverage promotion is contradictory at 1:500 vs 1:1,000, and the platform retains PrimeWave and ZForex branding remnants. This is not a compliant broker, but a high-risk unlicensed platform using company registration as a facade and contradictory terms as packaging.
References
- [1] https://majestyfx.com/introducing-broker.php (2026-07-07)
- [2] https://majestyfx.com/ (2026-07-07)
- [3] https://user.majestyfx.com/register (2026-07-07)
- [6] https://www.traderknows.com/en/wiki/organizations/a8650fe6f2054fed8bc49cac5232a9d3 (2026-07-07)
- [7] https://www.saintluciaifc.com/faq/ (2026-07-07)
- [8] https://www.saintluciaifc.com/jurisdiction/ (2026-07-07)
- [9] https://majestyfx.com/platforms.php (2026-07-07)
- [10] https://www.fastbull.com/brokersview/brokers/majesty-fx (2026-07-07)
- [11] https://www.whois.com/whois/majestyfx.com (2026-07-07)
- [12] https://majestyfx.com/forex.php (2026-07-07)
- [13] https://majestyfx.com/markets.php (2026-07-07)
- [14] https://majestyfx.com/metals.php (2026-07-07)
- [15] https://majestyfx.com/trading.php (2026-07-07)
- [16] https://majestyfx.com/risk-disclosure.php (2026-07-07)
- [17] https://majestyfx.com/terms.php (2026-07-07)
- [18] https://www.trustpilot.com/review/majestyfx.com (2026-07-07)
- [19] https://www.forexpeacearmy.com/forex-reviews/23430/majesty-fx-review (2026-07-07)
- [20] https://www.cftc.gov/PressRoom/PressReleases/8772-23 (2026-07-07)
- [21] https://consumer.ftc.gov/articles/what-to-do-if-you-were-scammed (2026-07-07)
- [22] https://www.ic3.gov/PSA/2023/psa230824 (2026-07-07)
- [23] https://www.ic3.gov/PSA/2024/PSA240624 (2026-07-07)
