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Show me a scam broker

  • #441
  • Apr 26, 2018 10:03am Apr 26, 2018 10:03am
UK’s financial markets and services provider, the Financial Conduct Authority (FCA) has published a warning against forex broker GreenFields Capital. The broker is doing business in the UK and targeting local citizens without having the required authorization, the FCA said.
The broker is owned and operated by Premium Peak Ltd T. The website provides two addresses: one in London, UK, and another in Prague, the Czech Republic, but mentions nothing about license, nor regulation.
  • #442
  • May 17, 2018 8:33am May 17, 2018 8:33am
Profiforex.

I am trying now for 6 weeks to get my money through a normal withdrawal by credit card and the last 2 weeks by a bitcoin transaction. Nothing. Every time an excuse but no money. I once got like a small amount of 100 USD but i guess that was just a trick. I guess larger amounts are impossible to withdraw so it seems. Or maybe they are not used to customers that actually make money.
Luckily for me this was just a small amount to test. Besides the money they switch servers every now and then without notifying. Always some "testing" going on. On the technical side they have a lot of improvement as well.
  • #443
  • May 21, 2018 8:54am May 21, 2018 8:54am
UK’s Financial Conduct Authority (FCA) warned that Revolution Variable Systems (RVS) has been providing financial services in the country without being authorized. The broker does not mention the name of the company operating it, nor does it specify any trading conditions. Apart from that, it purports to offer automated trading systems, dedicated expert advisors, NDD trading environment, etc. but considering the lack of transparency and regulation it's most certainly a bucketshop.
  • #444
  • May 21, 2018 2:55pm May 21, 2018 2:55pm
Anybody mentioned Instaforex and NordFx? Definitely to be included in the scam list!
  • #445
  • May 24, 2018 7:50am May 24, 2018 7:50am
The Ontario Securities Commission (OSC) warned the public against another company – MetaInvesting. The broker offers binary options which are altogether banned in Canada, is supposedly registered in the Marshall Islands but couldn’t even be bothered to spell the name of the country properly. There is no regulatory oversight to speak of, neither in Canada nor elsewhere.
  • #446
  • May 28, 2018 8:24am May 28, 2018 8:24am
The UK financial watchdog, FCA, added two binary options brokers to its warning list: Stratx Markets and OptionStarsGlobal. According to the regulator, they have been providing financial services or products in the UK without FCA’s authorisation, which is required by law.
The companies claim they’re registered in offshore zones – the Marshall Islands and Samoa, Polynesia, and promise unrealistically high profits, as per usual for such bucketshops.
  • #447
  • May 30, 2018 6:01am May 30, 2018 6:01am
Quoting Segav
Azurite Markets is a real scam. They don’t answer emails. I can’t withdraw money.
Excellent support is my number one requirement of a good broker.
  • #448
  • May 30, 2018 6:15am May 30, 2018 6:15am
Quoting StopHunt
instaforex ..the most annoying broker with a lot of stupid rule to make client loss
I found that most brokers that offer bonus tend to have problems in the process. I think it is better to avoid subscribing for the bonus as it does not really make any sense in effect.
  • #449
  • May 31, 2018 9:00am May 31, 2018 9:00am
Spain's financial markets regulator, CNMV, has warned of forex broker InvestMib earlier this week. According CNMV’s official notice, this entity is not registered in the corresponding registry of the commission and, therefore, are not authorized to provide investment services.

The company the regulator warned about is, completely unsurprisingly, registered in Vanuatu, which requires only $2000 initial investment to register a broker and provides no oversight.
  • #450
  • Jul 16, 2018 9:24am Jul 16, 2018 9:24am
The UK Financial Conduct Authority (FCA) added two more unregulated companies to its warning list. These are FXG Trade and Xtraderfx (a trading style of Gpay Limited), which have been providing financial services in the UK without being authorized by the FCA.
Both brokers are focused on the so popular now crypto CFDs, and against the former, especially, there are multiple complaints that it is running a scam.
  • #451
  • Jul 18, 2018 12:25pm Jul 18, 2018 12:25pm
Quoting baderocks2
TRADEPULSEFX.COM IS A SCAM BROKER I DEPOSITED $700 AND AFTER SEVERAL WITHDRAWAL REQUESTS THEY NEVER GAVE BACK MY MONEY AND EACH TIME I OPEN UP CHAT TO ASK ABOUT THIS THEY WOULD DISCONNECT AND BLOCK ME: i.imgur.com/xLTFM4L.png PLEASE AVOID THIS BROKER BY ALL MEANS. I AM HOPING TO EXPOSE THEM. AND THIS POS IS THE MAN BEHIND IT ALL: https://www.facebook.com/ankitgoyal.kumar

Why, why would you do something like this with so many well known and established brokers to choose from? SMH
  • #452
  • Edited Aug 24, 2018 7:33am Aug 23, 2018 7:54am | Edited Aug 24, 2018 7:33am
XM
Blocked me on their forum because they want to spin one sided story instead of investigating the truthfulness of my story. XM forum is for XM and its associates.
My issue with xm is about their introduced withdrawal option i-Account
iAccount has nothing to offer you if you are not EEU client. They may make you believe that so much services are available
They are not intergrated to any payment platforn.
The only offer they have for you is international wire transfer. Unfortunately they are just middle men.
When you wire transfer they will deduct USD from your account as service fee
They will farward your transaction to request to CARD SERVICE PROVIDER LIMITED who will deduct another USD 25 from the amount.
Then the request will be forwarded to the bank where another USD 6.15 service fees again deducted.
The cahin is so long that eventually your name cant reflect any where so if you are funding your trading accout it will be a third party funding
Should it be reected it will further attract charges of returning it a a penalty of USD 50 if iAccount treat it as invalid address.
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  • #453
  • Aug 23, 2018 12:17pm Aug 23, 2018 12:17pm
www.thebtcmarket.com

Had a talk today, they called me and tried to convince to deposit 500. After I said I do not trust them and I am not confortable, they still tried. After 1 hour and 20 minutes they gave up and called me loser. Also they used "fuck" word when we talked about scammers. Serious companies dont do. And they are still surpised how I do not trust them. And probably they dont have clients if they can talk with client 80 minutes who does not look like is going to deposit
Also they do not know how to talk - they present like they right all the time and client is not. After I said I could deposit 10 euros, they said they will not earn much. I said - you have ton of clients, you can combine all clients money and earn a lot. He says - you dont tell me how to do my job yeah, right, he is good, that you cannot tell him and is not able to solve such a simple problem. I believe most of finance managers combine even big amounts of money. And by talking like this, they do not care that I will write a bad review. Just plain stupid

they call from number +44 1223 976347 . And even complain how expensive is to call to another country for them, said the call cost 300 $
  • #454
  • Aug 23, 2018 2:18pm Aug 23, 2018 2:18pm
your opinions and comments on these two brokers : Blackbull and Bueberry
  • #455
  • Aug 27, 2018 8:49am Aug 27, 2018 8:49am
The Financial Conduct Authority (FCA) in the UK warns against Options Tech Limited, which is providing financial services in the UK without a license, and Good Crypto – a clone firm of a FCA authorized company.
Options Tech Limited, registered in the Commonwealth of Dominica, is the company behind multiple forex and CFD brokers, operating in the UK without authorization. The illegitimate brokers in the eye of the investigation are: Unitedmarkets4you, United & Equal, UBS Investment, UBS InvestmentOptions Tech Limited, Cryptex Markets and Block Chain Exchange Pro.
In a separate warning FCA exposes Good Crypto as a clone of a legit FCA licensed company.
  • #456
  • Oct 1, 2018 7:15pm Oct 1, 2018 7:15pm
Quoting SPeedFANat1c
www.thebtcmarket.com Had a talk today, they called me and tried to convince to deposit 500. After I said I do not trust them and I am not confortable, they still tried. After 1 hour and 20 minutes they gave up and called me loser. Also they used "fuck" word when we talked about scammers. Serious companies dont do. And they are still surpised how I do not trust them. And probably they dont have clients if they can talk with client 80 minutes who does not look like is going to deposit Also they do not...

  • #457
  • Oct 4, 2018 10:15am Oct 4, 2018 10:15am
The Financial Conduct Authority (FCA) keeps adding more and more unregulated brokers to its warning list.

Some of the recently flagged ones are forex brokers KontoFx and WiseBanc, as well as crypto binary options broker Crypto Options Trader. The FCA alleges that they have been providing financial services or products in the UK without its authorization.

All of these companies provide little to no public information about their services and there are multiple complaints against them for running scams.
  • #458
  • Oct 8, 2018 6:21pm Oct 8, 2018 6:21pm
Quoting mlawson71
The Financial Conduct Authority (FCA) keeps adding more and more unregulated brokers to its warning list. Some of the recently flagged ones are forex brokers KontoFx and WiseBanc, as well as crypto binary options broker Crypto Options Trader. The FCA alleges that they have been providing financial services or products in the UK without its authorization. All of these companies provide little to no public information about their services and there...
Do you think this is a scam? Got robbed again lol.
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  • #459
  • Oct 29, 2018 9:26am Oct 29, 2018 9:26am
The Cyprus Securities and Exchange Commission (‘CySEC’) officially warned investors on Friday that Boom Xchange is not licensed to provide investment services in the country and is a clone of a legitimate company. CySEC stated that this investment company illegally uses the details of authorized Cypriot Investment Firm that is operating forex broker brands Trade dot com, Finexo and ForexYard.

According to the notice issued by the Cypriot financial watchdog, “the name, license number and content from the website of the Cyprus Investment Firm Leadcapital Markets Ltd is used illegally and without its authorization.”

As for the screenshot above, I am not sure, but if you have any doubts about being scammed, call your broker’s regulator.
  • #460
  • Nov 19, 2018 9:54am Nov 19, 2018 9:54am
The Financial Conduct Authority in the UK has issued a warning that Index Limited t/a 4XPremium is a clone that falsely claims to operate under a legitimate company, licensed by the regulator.

FCA warns that sometimes scammers use details of authorized companies to convince people that they work for a genuine, licensed business.

“These scammers typically cold-call investors to promote shares, property or other investment opportunities that are non-tradable, worthless, overpriced or even non-existent. A new tactic has seen fraudsters using the name, ‘firm registration number’ (FRN) and address of firms and individuals authorised by us to suggest they are genuine. This is what we call a ‘clone firm. Fraudsters usually use this tactic when contacting people out of the blue, so you should be especially wary if you have been cold called”, FCA also notes.
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