Imagine getting a slick ad on social media promising sky-high returns on forex trading with zero hassle, complete with flashy charts and testimonials from “happy traders.”
You think, “This could be my big break,” and sign up for TM9FX, lured by claims of cutting-edge tools and quick profits.
But what if I told you this dream could turn into a nightmare faster than a bad trade?
Platforms like TM9FX pop up everywhere, whispering sweet promises while hiding dangerous secrets. In this blog, let’s peel back the layers on this so-called broker and uncover why it might be smarter to run the other way.
What is TM9FX?
TM9FX presents itself as a modern forex and CFD trading platform, boasting a proprietary app for web, Android, and iOS users. It promises leverage up to 1:500, real-time settlements, and access to forex, stocks, and commodities.
They claim direct market access and low commissions to attract both newbies and pros looking for an edge in high-frequency trades.
Sounds impressive, right?
But here’s where alarm bells should ring loud: keep reading for the red flags that scream caution before you deposit a dime.
Red Flags of TM9FX
Ever paused before downloading a trading app and thought, “Why does it need access to my camera, contacts, and location?”
TM9FX’s app demands unusually broad permissions that go far beyond what’s needed for basic trading, raising instant suspicions about data misuse or phishing risks.
Worse, this platform operates completely unregulated, with no oversight from top-tier bodies, leaving your funds vulnerable to vanishing acts.
The website is not accessible to Safari users, which makes it suspicious. This definitely means that the website is not secure or safe.
If you look at the forex pairs closely, you will notice that there is no INR mentioned anywhere in its pairs. This is a huge red flag, especially if you are using this application in India.
The ScamAdvisor slaps it with a dismal low trust score due to hidden ownership and suspicious activity reports.
If you go through the review section, you will notice that people are complaining about the app. Although you might see positive reviews as well, most of them seem fake.
These aren’t minor hiccups; they are glaring warnings that TM9FX might be more of a trap than a trading hub.
Is TM9FX Legal?
No, TM9FX is not legal, especially in India.
The UK’s Financial Conduct Authority (FCA) issued an official warning against it on December 8, 2025, suspecting the company of offering financial services without proper authorization, which puts it firmly in illegal territory.
TM9FX misleadingly claims registration with the U.S. Securities and Exchange Commission (SEC), but the SEC lacks authority to regulate foreign exchange trading, and checks reveal zero matching records there or with the National Futures Association (NFA).
Why would a legit broker hide behind fake credentials while dodging real regulators? This mismatch alone should make you think twice about handing over your hard-earned cash.
TM9FX Reviews
Diving into real user feedback paints a grim picture that contrasts sharply with TM9FX’s polished marketing. On sites like BrokersView and TraderKnows, reviewers label it an outright scam, citing blocked withdrawals, fake credentials, and zero accountability.
YouTube exposés it as with victims sharing stories of denied payouts and unresponsive support, while Google Play reviews show scant reviews that lean negative amid sparse activity.
Users warn other people to stay aware of this platform, as they don’t give any withdrawals. The platform ghosts you once you try to withdraw your money.
Users seem frustrated with this application and urge other users to stay aware and careful while investing money.
These patterns suggest a platform designed to hook you in but leave you high and dry.
How To File Forex Trading Complaints?
If TM9FX has already stung you or you’re spotting their shady ads, reporting them is your power move to protect yourself and others from falling into the same trap.
Here’s what you can do for forex trading scam recovery:
- You should stop all activities and keep a record of all communication with the operators. You must collect all the screenshots, promises done, claims, etc.
- File a complaint in Cyber Crime. All you need to do is:
- Visit cyber crime online portal.
- File a detailed complaint with all supporting evidence (screenshots, transaction records, messages, app details)
- Track your complaint status using the reference number provided
- You can also file an FIR. For this, you can:
- Visit your local police station or cyber cell
- File a First Information Report (FIR) with complete details
- Keep a copy of the FIR for your records
The sooner you report, the better your chances are of preventing further damage and potentially recovering lost funds.
Acting fast not only helps recover potential losses but also aids regulators in shutting down these operations for good.
Need Help?
We understand that it becomes very frustrating when all our hard-earned money just vanishes in seconds. In case you are confused about how to report such scams online, register with us now.
We will guide you with the process and help you in filing your complaint online.
Conclusion
By now, you have probably realized that TM9FX is not the golden ticket it pretends to be, but a classic unregulated scam preying on dreams of easy forex riches.
With FCA warnings, fake SEC claims, risky app permissions, and a trail of blocked withdrawals in reviews, the evidence stacks up against trusting this platform with your money.
Would you still risk it when safer, regulated options like those overseen by SEBI or FCA exist?
Stay vigilant, always verify a broker’s license on official registries before depositing, and prioritize platforms with transparent ownership and proven track records.
