BrokersView - FIND THE BEST ONLINE BROKER FOR YOU
Twin Scam Alert: Broker Capitals is a New Domain of Finex Stock
This week, the Italy financial regulator CONSOB issued a warning against an unlicensed broker named Broker Capitals. When we clicked on Broker Capitals' website, its logo, trade name, and design seemed familiar to us. We found an interesting fact - Broker Capitals was another website of the illegal broker that BrokersView had exposed - Finex Stock.
Negative Reviews: Clients Reveal SINOXFX is a Scam
A good rule of thumb is to carefully review all the forex companies for that matter before you start any transaction. SINOXFX has got many negative reviews and investors who traded with this broker have raised many complaints against it. BrokersView has therefore investigated a lot and based on the negative reviews, complaints and other scam features, we have listed the entity as a scam.
Potential Scam: CySEC&FCA Blacklist Unauthorised EuropeFx
Financial frauds happen worldwide, but the forex market is more vulnerable to scammers due to its immense volume of financial transactions. On average, the forex market undergoes a trading volume of around 6.6 trillion US Dollars, making it one of the most potential targets of money stealers. EuropeFX is a scam broker reported for its malicious code of conduct multiple times. This piece attempts to create awareness among investors about it.
Q&A Weekly Review - What's Asked This Week?
A Q&A Weekly Review keeps traders informed of the latest regulatory status and trading details of brokers mentioned by our users in a given week.
Here, BrokersView gives a summing up of "Q&A" this week - from 8 Aug, 2022 to 12 Aug, 2022, listing the asked brokers by categorizing them into scammers and regulated ones to visually tell traders whether a broker is subject to necessary rules and principles, and summarizes the most concerning issues related to brokers on the ground of our users' questions.
Which Is The Most Important Forex Regulator by Country
The forex market happens to be the biggest and the most liquid market and operates without any central or clearing service. In that context, there are several governmental and other supervisory bodies aiming to manage and to control forex brokers and force them in following fair business practices.
Social Media Brokers Alert: a Case of 48 Hours Fx Trade Limited
Scammers from different industries have infiltrated the social media space in a bid to make money by duping people. These scammers will randomly message you about this lucrative idea of making money that they want you to be a part of. And after convincing, and you fall into their traps they quickly disappear or devise ways to make you release more money to them. And sadly these schemes have also been on the rise in the financial markets with people investing their money after being promised good returns which never surface after following all their procedures.
Black List Update: UK FCA Adds 7 Unlicensed FX Broker In Warnings
Forex scammers lie about being regulated to gain traders' trust - this is a trick you may often see. So checking the regulators' registers becomes a crucial thing when you trade forex.
For protecting investors' funds, financial regulators like UK FCA keep their blacklists updated, which exposes the lies of scammers.
Recently, UK FCA issued warnings against 7 unlicensed forex brokers for undertaking regulated activities in the UK without authorization. Here is the list:
1. Unauthorised firm - Europa Trade Capital
2. Zenfinex (clone of FCA authorised firm)
3. Lynx Fund United Kingdom (Clone of Authorised Representative)
4. Unauthorised firm - Marlpark Limited Company / marlparkltd.com
5. Trade Unity Capital (Clone of Authorised firm)
6. FXOkami (Clone of Authorised firm)
7. Eaglestones Finance / eaglestone-fin.com (Clone of FCA authorised firm)
You will find full details of each of the unlicensed brokers here!
Stay Away! Unlicensed FX Broker Optimize Funds is Warned by CNMV
There are many ways in which fake brokers attract victims these days. Optimize Funds can be described as a combination of many common deception methods. If the broker is as good as it describes, this broker will make a lot of traders flock to it. Unfortunately, the broker is not.
Client Complaint: Multibank Group Delays Withdrawing for 9 Months
Recently, a client of Multibank Group (MBG) on social media has filed complaints against MBG, accusing MBG is illegally occupying his funds. As MBG's reputation goes from bad to worse, many people are following the updates of this complaint, wondering about the response of MBG. And forex investors can not help asking the question: why is it so difficult to defend rights in MBG?
Q&A Weekly Review - What's Asked This Week?
A Q&A Weekly Review keeps traders informed of the latest regulatory status and trading details of brokers mentioned by our users in a given week.
Here, BrokersView gives a summing up of "Q&A" this week - from 15 Aug, 2022 to 19 Aug, 2022, listing the asked brokers by categorizing them into scammers and regulated ones to visually tell traders whether a broker is subject to necessary rules and principles, and summarizes the most concerning issues related to brokers on the ground of our users' questions.
Best Precious Metal Trading Brokers
Precious metal trading refers to the process in which investors buy low and sell high to earn the price difference in the precious metal market. It can also be a hedge measure taken under the circumstance of not optimistic about the economic outlook, in order to achieve the preservation and appreciation of assets. Based on status of operation, reputation, customer service, and fund security etc, top 10 precious metal brokers are selected below.
FULL LIST HERE https://bit.ly/3wjZov3
Scam Exposed:
New Zealand FMA Warns Against Unlicensed FX Brokers - VHNX and FxRevenues
Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) is not strange to investors. A lot of forex scam claims to be registered with or even "regulated by" SVG FSA. However, being registered with the authority does not verify a regulated broker. But a more daring unlicensed forex company VHNX Limited claims to be a legitimate company while its registration with the FSA is suspicious.
Pretend to be Regulated: Cedar Signals is an Unlicensed FX Broker
Fraudulent brokers create false images of themselves by telling lies, one and another. And the baseless statement sometimes may even confuse themselves, just like Cedar Signals. The experience and regulations it claims are paradoxical, which makes the scam a joke.
FCA Warning: EnclaveFX Receives Withdrawal Complaints
Regulation is one of the most critical factors that must be considered when you evaluate a forex broker. Regulated brokers are required to adhere to strict rules and regulations set by regulators, and through this, client fund security can be ensured.
EnclaveFX is a non-regulated broker, whose activities are not overseen by any authorities. Moreover, it has a warning record from FCA.
Bad Reviews: Trade with Videforex, Trade with Cautions
While the forex market is becoming more regulated, deceptive brokers have also started finding new ways to scam investors. Generally speaking, it may be hard to get benefits from a financial intermediary which adopts detrimental techniques to defraud you. Here, we bring your attention to one of the fraudulent brokers - Videforex.
Black List Update: UK FCA Adds 13 Unlicensed FX Brokers In Warnings
Forex scammers lie about being regulated to gain traders' trust - this is a trick you may often see. So checking the regulators' registers becomes a crucial thing when you trade forex.
For protecting investors' funds, financial regulators like UK FCA keep their blacklists updated, which exposes the lies of scammers.
Q&A Weekly Review - What's Asked This Week?
A Q&A Weekly Review keeps traders informed of the latest regulatory status and trading details of brokers mentioned by our users in a given week.
Here, BrokersView gives a summing up of "Q&A" this week - from 22 Aug, 2022 to 26 Aug, 2022, listing the asked brokers by categorizing them into scammers and regulated ones to visually tell traders whether a broker is subject to necessary rules and principles, and summarizes the most concerning issues related to brokers on the ground of our users' questions.
Caution: Clients Report Withdrawal Issues in Fair Forex
Forex remains a very popular form of investment, but it can be hard to spot the tricks online. Even legitimate forex trading platforms can be risky to traders. Here we found Fair Forex receives a collective complaints from its clients though they are not aggressive when marketing their expertise or service to prospective investors.
Negative Reviews: UK FCA Warned Against Unregulated FX Broker Areatrading
Regulated forex brokers care about customer feedback because a good reputation can make business better and longer, while scammers like Arearading care because of fearing no more investors will continue to be fooled.
BrokersView is here to give you strong proof that Areatrading is a complete scammer.
FULL DETAILS HERE!