Blacklist of Forex Scam Brokers-Forex Trading Scams-WikiFX

Scam Brokers

BBI Trading

1.48

Score

Scam Brokers2-5 yearsSuspicious Regulatory LicenseHigh potential risk

1.48

Score

Suspicious Clone

TVR

1.56

Score

5-10 yearsSuspicious Regulatory LicenseSuspicious OverrunHigh potential risk

1.56

Score

Lots of Complaints

NEWRGY IMEX

1.17

Score

1-2 yearsSuspicious Regulatory LicenseHigh potential risk

1.17

Score

Exceeded

Titan Capital Markets

1.37

Score

2-5 yearsRegulated in AustraliaCommon Business RegistrationAustralia Appointed Representative(AR) RevokedSuspicious OverrunHigh potential risk

1.37

Score

4

No Regulation

OSIRIS FOREX

1.95

Score

2-5 yearsSuspicious Regulatory LicenseAustralia Appointed Representative(AR) RevokedHigh potential risk

1.95

Score

5

Regulated

KOT4X

4.75

Score

5-10 yearsRegulated in AustraliaAppointed Representative(AR)Medium potential risk

4.75

Score

6

No Regulation

GRIC FX

1.79

Score

2-5 yearsSuspicious Regulatory LicenseHigh potential risk

1.79

Score

7

No Regulation

Galileo FX

1.43

Score

2-5 yearsSuspicious Regulatory LicenseHigh potential risk

1.43

Score

8

No Regulation

FLAIYY

1.16

Score

1-2 yearsSuspicious Regulatory LicenseHigh potential risk

1.16

Score

9

Regulated

LiteForex

4.99

Score

15-20 yearsRegulated in CyprusStraight Through Processing(STP)High potential risk

4.99

Score

10

No Regulation

BotBro

1.35

Score

2-5 yearsSuspicious Regulatory LicenseHigh potential risk

1.35

Score

11

No Regulation

Hero FX

1.39

Score

2-5 yearsSuspicious Regulatory LicenseHigh potential risk

1.39

Score

12

No Regulation

GSG Forex

1.81

Score

2-5 yearsSuspicious Regulatory LicenseHigh potential risk

1.81

Score

13

No Regulation

Plexytrade

1.10

Score

Within 1 yearSuspicious Regulatory LicenseHigh potential risk

1.10

Score

14

No Regulation

COINEXX

2.28

Score

5-10 yearsSuspicious Regulatory LicenseHigh potential risk

2.28

Score

15

No Regulation

Hankotrade

1.51

Score

5-10 yearsSuspicious Regulatory LicenseHigh potential risk

1.51

Score

16

Regulated

Alpari International

2.41

Score

5-10 yearsRegulated in BelarusRetail Forex LicenseBelize Retail Forex License RevokedHigh potential risk

2.41

Score

17

Stoppage of Business

BlaFX

2.03

Score

Stoppage of Business5-10 yearsSuspicious Regulatory LicenseVanuatu Retail Forex License RevokedHigh potential risk

2.03

Score

18

No Regulation

24K Markets

1.18

Score

1-2 yearsSuspicious Regulatory LicenseHigh potential risk

1.18

Score

19

No Regulation

Pocket Option

1.53

Score

5-10 yearsSuspicious Regulatory LicenseHigh potential risk

1.53

Score

20

No Regulation

Athens

1.41

Score

2-5 yearsSuspicious Regulatory LicenseHigh potential risk

1.41

Score

21

No Regulation

Properfly

1.52

Score

Within 1 yearSuspicious Regulatory LicenseHigh potential risk

1.52

Score

22

No Regulation

MidasFX

1.83

Score

2-5 yearsSuspicious Regulatory LicenseHigh potential risk

1.83

Score

23

No Regulation

X Charter

1.16

Score

1-2 yearsSuspicious Regulatory LicenseHigh potential risk

1.16

Score

24

Offshore Regulated

Dollars Markets

3.85

Score

2-5 yearsRegulated in MauritiusRetail Forex LicenseHigh potential riskOffshore Regulated

3.85

Score

25

Suspicious Clone

Maxx Empire

1.51

Score

5-10 yearsSuspicious Regulatory LicenseHigh potential risk

1.51

Score

26

Scam Brokers

HERO

1.56

Score

Scam Brokers5-10 yearsRegulated in AustraliaAppointed Representative(AR)High potential risk

1.56

Score

27

No Regulation

TREASURY VAULT

1.51

Score

5-10 yearsSuspicious Regulatory LicenseHigh potential risk

1.51

Score

28

No Regulation

BCRPRO

1.08

Score

Within 1 yearSuspicious Regulatory LicenseHigh potential risk

1.08

Score

29

No Regulation

Fx-Capital

1.39

Score

2-5 yearsSuspicious Regulatory LicenseHigh potential risk

1.39

Score

30

Exceeded

IVY Markets

2.22

Score

1-2 yearsRegulated in United StatesCommon Business RegistrationSuspicious OverrunMedium potential risk

2.22

Score

31

No Regulation

WM Markets

1.18

Score

Within 1 yearSuspicious Regulatory LicenseHigh potential risk

1.18

Score

32

Suspicious Clone

TeraFX

1.58

Score

5-10 yearsSuspicious Regulatory LicenseHigh potential risk

1.58

Score

33

Suspicious Clone

Profit Pulse

1.11

Score

Within 1 yearSuspicious Regulatory LicenseSuspicious OverrunHigh potential risk

1.11

Score

34

No Regulation

OspreyFX

2.43

Score

5-10 yearsSuspicious Regulatory LicenseHigh potential risk

2.43

Score

35

No Regulation

Fyntura

1.18

Score

1-2 yearsSuspicious Regulatory LicenseHigh potential risk

1.18

Score

36

Lots of Complaints

Deleno IFC

1.18

Score

1-2 yearsSuspicious Regulatory LicenseHigh potential risk

1.18

Score

37

Suspicious Clone

FXDD

2.37

Score

5-10 yearsSuspicious Regulatory LicenseSuspicious OverrunHigh potential risk

2.37

Score

38

No Regulation

Hugo’s Way

1.53

Score

5-10 yearsSuspicious Regulatory LicenseHigh potential risk

1.53

Score

39

Suspicious Clone

Gold Harbor

1.11

Score

Within 1 yearSuspicious Regulatory LicenseSuspicious OverrunHigh potential risk

1.11

Score

40

Exceeded

CXM Direct

4.20

Score

5-10 yearsRegulated in United KingdomInvestment Advisory LicenseSuspicious OverrunMedium potential risk

4.20

Score

41

No Regulation

MIC

1.47

Score

2-5 yearsSuspicious Regulatory LicenseHigh potential risk

1.47

Score

42

Regulated

Ultima Markets

4.74

Score

5-10 yearsRegulated in CyprusStraight Through Processing(STP)High potential risk

4.74

Score

43

No Regulation

TFI Markets LTD

1.18

Score

1-2 yearsSuspicious Regulatory LicenseHigh potential risk

1.18

Score

44

Lots of Complaints

DEUS

1.48

Score

2-5 yearsSuspicious Regulatory LicenseHigh potential risk

1.48

Score

45

No Regulation

Trubluefx

2.00

Score

2-5 yearsSuspicious Regulatory LicenseHigh potential risk

2.00

Score

46

Regulated

GFS

4.14

Score

5-10 yearsRegulated in AustraliaAppointed Representative(AR)High potential risk

4.14

Score

47

No Regulation

EFX

1.39

Score

2-5 yearsSuspicious Regulatory LicenseHigh potential risk

1.39

Score

48

No Regulation

BingX

1.82

Score

5-10 yearsSuspicious Regulatory LicenseHigh potential risk

1.82

Score

49

Exceeded

Verbo Capital

3.45

Score

Within 1 yearRegulated in South AfricaFinancial Service CorporateSuspicious OverrunMedium potential risk

3.45

Score

50