Blacklist of Forex Scam Brokers-Forex Trading Scams-WikiFX

Scam Brokers

BBI Trading

1.49

Score

Scam Brokers2-5 yearsSuspicious Regulatory LicenseSuspicious Scope of BusinessHigh potential risk

1.49

Score

Exceeded

Titan Capital Markets

1.38

Score

2-5 yearsRegulated in AustraliaCommon Business RegistrationSuspicious Scope of BusinessAustralia Appointed Representative(AR) RevokedSuspicious OverrunHigh potential risk

1.38

Score

No Regulation

BotBro

1.36

Score

2-5 yearsSuspicious Regulatory LicenseSuspicious Scope of BusinessHigh potential risk

1.36

Score

Suspicious Clone

TVR

1.56

Score

5-10 yearsSuspicious Regulatory LicenseSuspicious Scope of BusinessSuspicious OverrunHigh potential risk

1.56

Score

4

Lots of Complaints

NEWRGY IMEX

1.19

Score

1-2 yearsSuspicious Regulatory LicenseSuspicious Scope of BusinessHigh potential risk

1.19

Score

5

Offshore Regulated

Yorker Capital Markets

3.34

Score

1-2 yearsRegulated in ComorosRetail Forex LicenseMT5 Full LicenseRegional BrokersHigh potential riskOffshore Regulated

3.34

Score

6

No Regulation

NABDG

1.14

Score

1-2 yearsSuspicious Regulatory LicenseSuspicious Scope of BusinessHigh potential risk

1.14

Score

7

No Regulation

Galileo FX

1.43

Score

2-5 yearsSuspicious Regulatory LicenseRegional BrokersHigh potential risk

1.43

Score

8

Regulated

LiteForex

4.99

Score

15-20 yearsRegulated in CyprusStraight Through Processing(STP)MT4 Full LicenseRegional BrokersHigh potential risk

4.99

Score

9

Regulated

KOT4X

4.62

Score

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

4.62

Score

10

No Regulation

GRIC FX

1.48

Score

2-5 yearsSuspicious Regulatory LicenseSuspicious Scope of BusinessHigh potential risk

1.48

Score

11

No Regulation

Hero FX

1.40

Score

2-5 yearsSuspicious Regulatory LicenseSuspicious Scope of BusinessHigh potential risk

1.40

Score

12

Suspicious Clone

Ox Securities

1.56

Score

5-10 yearsSuspicious Regulatory LicenseSuspicious Scope of BusinessHigh potential risk

1.56

Score

13

No Regulation

OSIRIS FOREX

1.42

Score

2-5 yearsSuspicious Regulatory LicenseSuspicious Scope of BusinessAustralia Appointed Representative(AR) RevokedHigh potential risk

1.42

Score

14

No Regulation

COINEXX

2.28

Score

5-10 yearsSuspicious Regulatory LicenseMT4 Full LicenseHigh potential risk

2.28

Score

15

No Regulation

Gold Miner Finance

1.08

Score

Within 1 yearSuspicious Regulatory LicenseSuspicious Scope of BusinessHigh potential risk

1.08

Score

16

No Regulation

Plexytrade

1.82

Score

Within 1 yearSuspicious Regulatory LicenseMT4 Full LicenseGlobal BusinessHigh potential risk

1.82

Score

17

Regulated

Alpari International

1.75

Score

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

1.75

Score

18

Regulated

GFS

4.21

Score

5-10 yearsRegulated in AustraliaAppointed Representative(AR)MT5 Full LicenseRegional BrokersHigh potential risk

4.21

Score

19

Offshore Regulated

Dollars Markets

3.86

Score

2-5 yearsRegulated in MauritiusRetail Forex LicenseMT4 Full LicenseHigh potential riskOffshore Regulated

3.86

Score

20

Exceeded

Verbo Capital

3.88

Score

Within 1 yearRegulated in South AfricaFinancial Service CorporateMT5 Full LicenseRegional BrokersSuspicious OverrunMedium potential risk

3.88

Score

21

No Regulation

Hankotrade

1.51

Score

5-10 yearsSuspicious Regulatory LicenseGlobal BusinessHigh potential risk

1.51

Score

22

No Regulation

Pocket Option

1.54

Score

5-10 yearsSuspicious Regulatory LicenseGlobal BusinessHigh potential risk

1.54

Score

23

Scam Brokers

HERO

1.56

Score

Scam Brokers5-10 yearsRegulated in AustraliaAppointed Representative(AR)Chinese market onlyHigh potential risk

1.56

Score

24

Regulated

Ultima Markets

4.75

Score

5-10 yearsRegulated in CyprusStraight Through Processing(STP)MT4 Full LicenseGlobal BusinessHigh potential risk

4.75

Score

25

No Regulation

Will

1.43

Score

2-5 yearsSuspicious Regulatory LicenseSuspicious Scope of BusinessHigh potential risk

1.43

Score

26

Offshore Regulated

Capitalix

1.48

Score

2-5 yearsRegulated in SeychellesRetail Forex LicenseSuspicious Scope of BusinessHigh potential riskOffshore Regulated

1.48

Score

27

No Regulation

TREASURY VAULT

1.52

Score

5-10 yearsSuspicious Regulatory LicenseSuspicious Scope of BusinessHigh potential risk

1.52

Score

28

No Regulation

GSG Forex

1.92

Score

2-5 yearsSuspicious Regulatory LicenseMT4 Full LicenseRegional BrokersHigh potential risk

1.92

Score

29

Offshore Regulated

OtetMarkets

4.76

Score

1-2 yearsRegulated in ComorosRetail Forex LicenseMT5 Full LicenseGlobal BusinessHigh potential riskOffshore Regulated

4.76

Score

30

Stoppage of Business

BlaFX

1.58

Score

Stoppage of Business5-10 yearsSuspicious Regulatory LicenseSuspicious Scope of BusinessVanuatu Retail Forex License RevokedHigh potential risk

1.58

Score

31

Exceeded

IVY Markets

2.42

Score

1-2 yearsRegulated in United StatesCommon Business RegistrationMT5 Full LicenseRegional BrokersSuspicious OverrunMedium potential risk

2.42

Score

32

Exceeded

CXM Direct

4.20

Score

5-10 yearsRegulated in United KingdomInvestment Advisory LicenseMT4 Full LicenseGlobal BusinessSuspicious OverrunMedium potential risk

4.20

Score

33

No Regulation

MidasFX

1.31

Score

2-5 yearsSuspicious Regulatory LicenseSuspicious Scope of BusinessHigh potential risk

1.31

Score

34

No Regulation

Athens

1.41

Score

2-5 yearsSuspicious Regulatory LicenseSuspicious Scope of BusinessHigh potential risk

1.41

Score

35

No Regulation

BCRPRO

1.10

Score

Within 1 yearSuspicious Regulatory LicenseSuspicious Scope of BusinessHigh potential risk

1.10

Score

36

No Regulation

FLAIYY

1.18

Score

1-2 yearsSuspicious Regulatory LicenseSuspicious Scope of BusinessHigh potential risk

1.18

Score

37

No Regulation

WM Markets

1.93

Score

Within 1 yearSuspicious Regulatory LicenseMT5 Full LicenseGlobal BusinessHigh potential risk

1.93

Score

38

No Regulation

XPO

1.30

Score

2-5 yearsSuspicious Regulatory LicenseSuspicious Scope of BusinessHigh potential risk

1.30

Score

39

No Regulation

EFX

1.39

Score

2-5 yearsSuspicious Regulatory LicenseSuspicious Scope of BusinessHigh potential risk

1.39

Score

40

No Regulation

HXQNA

1.13

Score

1-2 yearsSuspicious Regulatory LicenseSuspicious Scope of BusinessHigh potential risk

1.13

Score

41

No Regulation

24K Markets

1.20

Score

1-2 yearsSuspicious Regulatory LicenseSuspicious Scope of BusinessHigh potential risk

1.20

Score

42

Lots of Complaints

Deleno IFC

1.20

Score

1-2 yearsSuspicious Regulatory LicenseSuspicious Scope of BusinessHigh potential risk

1.20

Score

43

No Regulation

BingX

1.50

Score

5-10 yearsSuspicious Regulatory LicenseSuspicious Scope of BusinessHigh potential risk

1.50

Score

44

Suspicious Clone

FXDD

2.41

Score

5-10 yearsSuspicious Regulatory LicenseWhite label MT4Regional BrokersSuspicious OverrunHigh potential risk

2.41

Score

45

No Regulation

MIC

1.47

Score

2-5 yearsSuspicious Regulatory LicenseSuspicious Scope of BusinessHigh potential risk

1.47

Score

46

No Regulation

TradeEU Global

1.18

Score

1-2 yearsSuspicious Regulatory LicenseSuspicious Scope of BusinessHigh potential risk

1.18

Score

47

No Regulation

Vital Markets

1.45

Score

2-5 yearsSuspicious Regulatory LicenseSuspicious Scope of BusinessHigh potential risk

1.45

Score

48

No Regulation

Fx-Capital

1.39

Score

2-5 yearsSuspicious Regulatory LicenseSuspicious Scope of BusinessHigh potential risk

1.39

Score

49

No Regulation

Hugo’s Way

1.54

Score

5-10 yearsSuspicious Regulatory LicenseGlobal BusinessHigh potential risk

1.54

Score

50