Is FX 783 a scam?

• Brand: 783FX, also written FX 783 and FX783LTD.
• Legal entity: FX783 Ltd, registration number HV00725472.
• Registered: Mwali (Mohéli) island, Union of the Comoros, at P.B. 1257 Bonovo Road, Fomboni.
• Payments handled by: Vorras Limited, a London company incorporated on 24 December 2025 at Office No. 43, 9.17 Capital Tower, 91 Waterloo Road, London SE1 8RT.
• Website: 783fx.com. The domain on our record, fx783ltd.com, is no longer connected to a site.
• Only licence claimed: Mwali International Services Authority, number BFX2025102. We could not find it on that authority's published list.
• Offers: CFDs on currencies, shares, indices, commodities and cryptocurrencies. Accounts run from 250 dollars to 250,000 dollars, leverage up to 1:400, entry-tier spread 3.0 pips on EUR/USD.
• Not accepted: the European Economic Area, the USA, British Columbia in Canada, Iran, North Korea, Myanmar and Russia. Site versions exist in English, French, Chinese, Malay, Bengali, Indonesian, Thai and Vietnamese, and the only published phone number is a Philippine one.
• Age claim: none. The site advertises no founding year, which is to its credit.

Two findings carry this verdict, and one important thing is missing from it.

• The regulator it names is not a regulator. The site states that FX783 Ltd is authorised and regulated by the Mwali International Services Authority. That body sells registrations from an autonomous Comoran island. The Central Bank of the Comoros has stated publicly that it is a fictitious entity with no legitimacy and no legal basis to issue licences to financial firms. There is no capital requirement behind it, no client-money rule, no complaints adjudication and no compensation scheme. In substance this is a broker taking deposits without financial supervision.
• The licence number is not on the authority's own list. We read the published list of authorised brokerage companies, 258 entries, and searched it for the company name and for BFX2025102. Neither is there, and neither appears on the suspended or liquidation lists. We will be straight about the limit of that finding: the list ends with licences issued in 2024 and carries no 2025 issuances at all, so the absence does not by itself prove the number was invented. What it does mean is that a prospective client has no way to verify this licence, and the broker's own verify link points to a general list rather than to its own entry.
• Clients describe a consistent and specific failure. Across the review profiles for both of its domains, seven accounts between June and September 2026 describe one mechanism. A staff member is assigned, directs which instruments and amounts to trade, asks for further deposits to continue, and the balance then goes to zero or the withdrawal stalls. The detail is checkable: a deposit of N207,000 with every trade placed by the assigned manager and then liquidated; a loss of over 1,000 dollars after instructions given on a shared-screen call; an adviser named Mr Kerian who stopped answering once the account hit zero; a client asked to cancel a pending withdrawal and then put into a commodity trade that took the remaining equity. Three of the four tests we apply are met, the same failure, a tight window and checkable specifics. The fourth is not: this all sits on one review platform, with no forum or community trail anywhere else, so we treat it as a serious but single-source pattern.
• The operation has no track record. fx783ltd.com was registered on 17 July 2025 and 783fx.com on 11 September 2025. The London paying agent was incorporated on 24 December 2025 and has filed no accounts. Nothing here is older than about fourteen months, and the brand has already abandoned its first domain, which now serves nothing while its review profile stays open.
• The review page is being managed. Alongside the complaints sits a run of one-line, content-free positives from single-review accounts spread across unrelated countries, and two posts written as complaints whose real purpose is to advertise a fund-recovery service. Promotional articles presenting the broker as trusted were also placed across unrelated news and press-release sites in March and April 2026. None of that is evidence of theft, but a managed reputation is not a clean one.
• What is missing matters. No regulator warning, alert or blacklist entry names this brand or either domain, and we found no enforcement action and no fraud-related court record against FX783 Ltd. Without one of those, or a second independent source for the complaint pattern, the evidence does not reach a scam finding. It reaches an unverified high risk, which is what we are publishing.