Scam Forex brokers | Brokerscout.ai
scammer broker FXPRIMUS
FXPRIMUS
Complaints about:
large number of complaints from users; FSCA licence expired; Has an offshore VFSC licence.
scammer broker High Rise Market LLC
High Rise Market LLC
Complaints about:
broker has no active regulation; Official regulatory status unauthorised ( NFA licence: 0555818)
scammer broker Neptune Securities
Neptune Securities
Complaints about:
the broker does not have a valid regulation; The ASIC regulator has confirmed that the broker is a clone.
scammer broker Capitalix
Capitalix
Complaints about:
large number of user complaints; Has offshore FSAS regulation; Broker does not have trading software
scammer broker FXGLOBE
FXGLOBE
Complaints about:
large number of user complaints; Official regulatory status unauthorised (regulator BaFin: 611742); VFSC licence revoked; is a clone of

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scammer broker BlaFX
BlaFX
Complaints about:
Business suspension; VFSC, ASIC licences revoked; official regulatory status unauthorised ( NFA licence)
scammer broker My Forex Funds
My Forex Funds
Complaints about:
operate without a licence;
scammer broker XTrend Speed
XTrend Speed
Complaints about:
large number of user complaints; the broker goes beyond the scope of business allowed by the FSCA regulation; the broker is a clone according to the CySEC regulator.
scammer broker CAPPMOREFX
CAPPMOREFX
Complaints about:
large number of user complaints; business interruption; broker is a clone according to NFA; broker does not have trading software
scammer broker Alpari International
Alpari International
Complaints about:
a large number of user complaints; BFSC (Beliz) license revoked; the broker is a clone according to CBR (Russia)

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Risk Warning

Before embarking on Forex trading, it is essential to thoroughly evaluate your investment objectives, level of experience, and risk tolerance. Never allocate funds that you cannot afford to lose.

Off-exchange foreign exchange transactions carry significant risks, encompassing leverage, credit risk, limited regulatory protections, and market volatility. These factors can significantly influence currency prices and liquidity.

Furthermore, the leverage inherent in forex trading means that market fluctuations can result in substantial gains or losses relative to your initial investment. If market conditions go against you, you may risk losing your entire initial margin and be required to inject additional funds to maintain your position. Failure to meet margin requirements may lead to position liquidation and subsequent losses for which you bear responsibility

Before embarking on Forex trading, it is essential to thoroughly evaluate your investment objectives, level of experience, and risk tolerance. Never allocate funds that you cannot afford to lose.

Off-exchange foreign exchange transactions carry significant risks, encompassing leverage, credit risk, limited regulatory protections, and market volatility. These factors can significantly influence currency prices and liquidity.

Furthermore, the leverage inherent in forex trading means that market fluctuations can result in substantial gains or losses relative to your initial investment. If market conditions go against you, you may risk losing your entire initial margin and be required to inject additional funds to maintain your position. Failure to meet margin requirements may lead to position liquidation and subsequent losses for which you bear responsibility

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Have you been deceived, or do you know of a case of deception? Write to us about it