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Black List of Brokers

  • #81
  • May 22, 2016 3:16am May 22, 2016 3:16am
Quoting asgcorp
pepperstone is not a scam broker. nough said.
I Been using Pepperstone for many years. Never had any issues to complain about. A decent broker IME.
Trading in the shadow of SM
  • #82
  • May 22, 2016 5:49am May 22, 2016 5:49am
Quoting KillerWhale
{quote} With one exception, the girls for sale. They deliver all you want!
Lol..
  • #83
  • May 23, 2016 4:32am May 23, 2016 4:32am
Quoting edyraper
{quote} Thanks for your hard work, I like the way you share details plus links here, cheers.
You're welcome, I'm glad if I can help.

Also, ASIC issued two warning notices against warning unlicensed binary options brokers FM Trader and RTG Direct Trading. The regulator noted the two companies could be involved in a scam and advised all traders to not engage with them.
According to the watchdog, neither FM Trader nor RTG Direct Trading are registered or regulated as financial service providers in Australia. Despite this, both entities have contacted, through calls or emails, local investors and offered them their services.
FM Trader, a brand of FM Marketing LT, is based in Belize and is licensed by the Financial Services Commission (IFSC), while RTG Direct Trading provides no information regarding licensing or authorization.
On top of everything else, earlier this year the Manitoba Securities Commission (MSC), the financial regulatory body of the Canadian province of Manitoba, also issued a warning against Financial Market Trader, or FMTrader, for operating without being authorized or licensed.
  • #84
  • Jun 6, 2016 4:04am Jun 6, 2016 4:04am
This is an update about my older post about Magnum Options broker. After the British Columbia Securities Commission issued a warning against them for operating without authorization, now the Manitoba Securities Commission issued a warning against them too, this time for actively scamming an elderly woman out of $10,000. The 61-year old victim realized she was being scammed after she lost $2000 of her account and was refused access to other $8000 she had invested. Citing a bonus that the victim does not recall signing up for, the broker had her complete two more trades before she could withdraw her money. The broker "advised" her how to do it and she lost the rest of the money.
  • #85
  • Jun 13, 2016 8:29am Jun 13, 2016 8:29am
Quoting leebsurag
Well I think we can also include IronFX, InstaForex, Mercerfx as they're vivid example scumbags, had personal negative experience with ironfx and saw lots of complaints on rest
I don't know why you are so negative - they have just started the process of entering NASDAQ and have been checked by SEC ! read the full report https://www.sec.gov/Archives/edgar/d...103434_991.htm

better to keep up with current issues to make successful decisions
  • #86
  • Sep 26, 2016 3:17pm Sep 26, 2016 3:17pm
Hi traders
I would like you kindly share your idea and experiences about the best broker and the reason for that in Forex Market.
I am looking for the acceptable reason not just because you haven't able to make money and profit
  • #87
  • Sep 26, 2016 5:11pm Sep 26, 2016 5:11pm
Quoting foxtraderfx
Hi traders I would like you kindly share your idea and experiences about the best broker and the reason for that in Forex Market. I am looking for the acceptable reason not just because you haven't able to make money and profit
It really depends on your trading style.
For the average retail punter anything that is regulated in a major recognized centre is safe.

For those looking to trade size, then that's a different story.
  • #88
  • Sep 29, 2016 4:06am Sep 29, 2016 4:06am
Everyone beware of a broker called Trade24. There have been multiple warnings about them from different regulators all over the world. The most recent one is from Ontario's provincial regulator the Ontario Securities Commission (OSC), but apart from them the Belize IFSC, the New Zealand FMA and the British FCA have all issued warnings against them for using fake licenses and soliciting clients while being completely unregulated.
  • #89
  • Sep 30, 2016 3:52am Sep 30, 2016 3:52am
Quoting lasty
{quote} It really depends on your trading style. For the average retail punter anything that is regulated in a major recognized centre is safe. For those looking to trade size, then that's a different story.
Hi lasty
Thanks for your attention and reply but at the time i get profit by most of them and i am very close to the amount to take out my money they make some kinds of manipulating or make the sending signals very late or impossible that i lose not only all my profit but all my deposit, i don't wanna name those brokers because i just want to get profit i don't care those brokers fine or not just i really want to get profit though " Do you know a good and reliable one?"
  • #90
  • Sep 30, 2016 3:53am Sep 30, 2016 3:53am
Quoting mlawson71
Everyone beware of a broker called Trade24. There have been multiple warnings about them from different regulators all over the world. The most recent one is from Ontario's provincial regulator the Ontario Securities Commission (OSC), but apart from them the Belize IFSC, the New Zealand FMA and the British FCA have all issued warnings against them for using fake licenses and soliciting clients while being completely unregulated.
Thanks for full attention and reply
  • #91
  • Oct 6, 2016 4:41am Oct 6, 2016 4:41am
The British FCA issued a warning against the cryptocurrency trading company OneCoin. Apparently they are a major scam that have been defrauding people all over the world. The FCA is not the first regulator to issue a warning against them - other warnings were issued in Hungary, Sweden and Bulgaria. Currently they are being investigated by the City of London Police.
  • #92
  • Oct 18, 2016 5:15am Oct 18, 2016 5:15am
Thanks for the list of what to avoid. Can someone make a list of good brokers to choose from?
  • #93
  • Oct 20, 2016 5:29am Oct 20, 2016 5:29am
The International Financial Services Commission (IFSC) of Belize warned in a notice that it has never licensed BinaryOptionInvestors Inc., despite the companys claims otherwise.

The broker claims to hold a license for a brokerage, consultancy and advisory services in foreign exchange issued by the IFSC and signed by Gian C. Gandhi, former director general of the regulatory body. The watchdog, however, called this statement a complete forgery and alerted that the binaty options broker is not regulated by any authority in Belize to engange in any type of trading.
  • #94
  • Mar 4, 2017 12:29pm Mar 4, 2017 12:29pm
Hi..i Have complain for FX UNITED

about a month ago their Server has been attacked By ddos Thus i am unable to Login into my mt4 Account to trade.

I want to withdraw all my deposit and tried to Email their support But they Give me automatic reply that they not provide Email support anymore and only provide aupport through support ticket.

However when i tried to Click the support ticket button Nothing happen. I tried manY Times But the page Not change to a form that i can fill to create a support ticket.

I feel cheated and need to withdraw my money asap.
  • #95
  • Mar 4, 2017 11:44pm Mar 4, 2017 11:44pm
If things continue as they are, it’s not long before every broker is going to be BLACK LISTED here, I seriously don’t get the logic of some brokers mentioned just on one-sided story by some people. However, I am not really going to go deep on this. Pepperstone been one of the highly rated company might be next on this list and that’s to do with the logic we are talking about for the LIST.
  • #96
  • Mar 13, 2017 6:41am Mar 13, 2017 6:41am
The UK Financial Conduct Authority (FCA) alerted forex brokerage FX Jupiter is a clone firm of an entity authorized by the watchdog. The entity pretends to be associated with authorized companies Jupiter Asset Management Ltd., Jupiter Unit Trust Managers Ltd., Jupiter Fund Management plc and Jupiter Investment Management Group Ltd., which are registered in England and Wales. However, the clone is not related to any of the genuine entities.
  • #97
  • Mar 15, 2018 10:45am Mar 15, 2018 10:45am
UK’s Financial Conduct Authority (FCA) has issued a warning that the forex broker SolidCFD, which is not licensed to offer its services in the country, but has been targeting local investors.
It provides an address in the UK, but the company is actually registered offshore, in Vanuatu.
There are multiple complaints against the company for conducting scams.
  • #98
  • Mar 26, 2018 9:17am Mar 26, 2018 9:17am
Hong Kong’s Securities and Futures Commission (SFC) has issued a warning against the forex brokers IMS FX and TechoFX.
Both are claiming to have addresses in Hong Kong, but the former’s claim is false, while the address of the latter belongs to a secretarial company. Worse still, they are making false regulation claims.
  • #99
  • Apr 19, 2018 9:43am Apr 19, 2018 9:43am
The UK Financial Conduct Authority (FCA) recently issued a warning against Safemarkets and IDB Trades. According to the regulator, the two forex brokerages have been providing financial services in the country without being authorized.
The FCA noted that some firms who provide financial services in the UK without their authorisation knowingly run investment scams.
Neither company offers demo accounts and the latter one claims it’s registered in Vanuatu.
  • #100
  • Last Post: May 10, 2018 7:49am May 10, 2018 7:49am
The UK Financial Conduct Authority (FCA) warned against forex and binary broker Littinvest. According to the regulator, it has been providing financial services in the country without being authorized.
There are also multiple client complaints from people who cannot withdraw their investments or even contact the broker to request to do so.
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