Category: Forex Scams

AlphaTradePlus is a company that has a great appearance. You will mistake the venture for a genuine entity. However, there is more than what meets the eye. Numerous red flags surround the entity. Before we start showcasing their murkiness, let see what the broker has to say about its services. The platform purports it is...

The first thing you will notice when you visit the Wrxst Global LTD platform is the website is not secure. If a company cannot afford an SSL certificate what makes you think your money is safe in the scheme? This is a dangerous entity with the sole aim of defrauding innocent people.   We emphasize...

RedMars is an investment company that is allegedly the best scheme in the market. RedMars is a company that has a welcome bonus of 25%. They assure investors that all profits made are available for withdrawal. You could claim an amount of $2500. The first thing to note is that investment companies that offer lucrative...

Loyalty FX Markets allegedly provides diverse trading opportunities for traders. The broker claims it is the largest leading forex trading company in the industry. Their main selling point is maximum security and numerous products. The firm also states it has the cheapest and affordable opportunities for investors.  However, this venture is nowhere in the genuine...

TENFX is an investment company that claims it has an award-winning trading platform. They also offer educational courses every week. This is to increase the knowledge of their customers in the trading field. The firm also promises investors tight spreads without commission. The available products include forex, indices, cryptocurrency, shares, commodities, and other assets. You...

Fxbit Option brags it has multiple licenses. You can invest in forex or shares. The scheme also claims it has over 40K instruments, and you can diversify your risks by trading on various products. The entity also claims it has 30 years of experience. However, this is a false statement. This is a newly established...

Switch Markets is a name that two separate brokers use. One of them uses the switch markets.com.au URL and operates from Australia. The other one is switch markets.com, and this is the firm we shall be reviewing today. It originates from SVG.   We are not fond of offshore schemes as we have seen several...

SolidTrade opening remarks are that it is an award-winning venture. The broker, however, leaves out essential info regarding the organization that recognized them for ut efforts. The entity promises investors a life-changing opportunity. It is a bold claim coming from a platform without trading results. Be very wary of entities that promise quick riches. Making...

Palo Traders is a company that allegedly claims it wants to help investors achieve success in the financial market. You will be investing in your future by registering an account. The platform marks itself as a secure entity. Unfortunately, this is not correct. For a broker to be considered safe, it should have a license...

TrampaFx is an investment company that presents itself as a CFD broker. They are also dealing with forex trading activities. One of the things that you should do before investing is to check on the broker's legitimacy. Unfortunately, after reviewing various databases, we discovered an offshore scheme. Moreover, the broker does not have professionals running...