Category: Forex Trading

There are dozens of lists on the internet purporting to highlight the Top rated Forex brokers on the internet. However, not all of the Forex brokers you find in those lists are actually top rated Forex brokers. Some brokers have been blamed for high spreads, yet you still find them in the list of top...

By claiming to have a license from CySEC, 247Exness is hoping to attract European investors. After searching for their records with CySEC, we found that their license number doesn’t exist. The company with the license number 216/13 openly refutes any association with the broker. 247 Exness claims to be a globally regulated broker but has...

UAG Trade Asia is a clone website and tries to use a company's details with the same name. The clone is targeting wealthy Asian investors with claims of offering the best trading platform. One of the members sent us an email asking us to investigate the broker. It turns out that the broker is refusing...

247FXOptionTrade is without a doubt a seasonal scam with the same outcome. This time around, the authorities have added the broker to their blacklist. 247 FX Option Trade is now an FCA blacklisted trading broker. If you sign up with the platform, you’re at the mercy of these unscrupulous brokers. Our investigations reveal 247FX OptionTrade...

All that RaxTrade is professing to offer are unrealistic win margins and trading conditions. The broker boasts of having 52M in average daily volume. Most of their website’s information is found on other scams related to the parent company. ROI Stock Limited is the parent company synonymous with other scams such as CoinFXIndex. And that’s...

An offshore entity with claims of having its headquarters in Dubai, Seven Capitals is a shoddy broker. After weeks of investigating the platform, we have concrete evidence proving this is a scam. Members are facing a hard time trying to contact the broker after depositing. This is not the first time we’ve heard from investors...

A false and misleading claim is what FXPrimary is all about. The broker claims to be the number one Crypto broker. All the broker attempts to do is to attract unsuspecting investors into signing up with them. FX Primary has no legitimacy in the crypto trading world, and the results speak for themselves. After we...

An unprofessional broker is an understatement when it comes to B2W EX. When you dive deeper into the B2w-ex.com website, you learn the stale state of things. The broker tries to use a dark-themed website which is a turn-off for trading websites. There’s even evidence that the owners are using green screen in their video...

Esta Trade is an offshore broker targeting institutional-grade trading clients. Before you lose your company or institution’s fund, you need to know the truth. Despite having an aesthetically appealing website, EstaTrade is a shoddy broker. All facts point to a broker who does not mean well for clients. Their reputation is already hitting the wall...

Apart from having a trader’s logo, NuclearFX is an offshore broker not worth your time. Our investigations revealed that Nuclear FX is a broker with the wrong intentions. Once you deposit funds with this broker, it’s the last you hear from them. Offshore brokers have a reputation for blocking accounts once they receive funds. Nuclearfxponline.com...

Right FX is a broker pretending to reside in the UK and has already seen complaints lodged against them. The broker has even published an illegitimate British Corporation certificate. These are professional offshore brokers trying their luck in the European market scene. Those that know about regulation will stay away from the broker. RightFX is...