US Forex legit?

[haploid23]

This isn't involving a trade of bitcoins, but rather currency trades. US FOREX, inc is a company that handles such trades, and they claim to be much cheaper than having banks exchange currencies for you. This could be much cheaper than sending an international bank wire from the US, so does anyone know if this website is legit or not?

https://www.usforex.com/

[1715390799]

1715390799

[1715390799]

1715390799

[1715390799]

1715390799

[1715390799]

1715390799

[aosmith]

This isn't involving a trade of bitcoins, but rather currency trades. US FOREX, inc is a company that handles such trades, and they claim to be much cheaper than having banks exchange currencies for you. This could be much cheaper than sending an international bank wire from the US, so does anyone know if this website is legit or not?

https://www.usforex.com/

I would guess they're somewhat legit... They are registered with FINCEN:

Regulated in the United States by the Financial Crimes Enforcement Network("FinCEN"),MSB#31000041368555

This is trivial to do but it puts a real spotlight on you in terms of regulation compliance etc.  I would assume that fraudsters wouldn't register with fincen.

As a side note using an atm / debit card in another currency is insanely expensive so I'm not surprised there are cheaper options.

[haploid23]

^ Thank you. And for anyone else wondering, I spent about an hour doing research on this company before I registered. They are indeed legit, as they're owned by OzForex and comply with all AML/KYC regulations in the US. After I registered, they called me and asked for proof of company, address, and ID.