BLACKLIST

We Have Prepared And Organized A List Of Scam Companies And Other Suspicious Websites In Front Of You.
Check This Database To See If You Were A Victim Of One Of These Scammers.

Marketsplus

565 Scam Reports

About

MarketsPlus is a Forex / Crypto CFD broker that was opened in February 2018. It is owned and operated by Affinity Group Ltd, 28 Dzavaharlal Neru Street, Silver Business Center, Office 24, Sofia 1324 Bulgaria.

Is Marketsplus Legit?

MarketsPlus claims to be regulated by a highly reputed financial regulatory entity. In our detailed investigation, we discovered that the company has not been recognized by any of the legitimate financial institutions, and hence it is an unregulated broker which is not a good option for trading purposes.

Mcoinmarket

622 Scam Reports

About

Mcoinmarket is a CFD broker, which fully focuses on the crypto market, offering a choice of 6 account types with a web-based trading platform.

Is Mcoinmarket Legit?

Mcoinmarket doesn’t provide much information about its location (only British phone number) and there is no information indicating any regulatory authority that supervises Mcoinmarket. In addition, Mcoinmarket has been blacklisted by a few regulatory authorities. Hence, it is not a secure trading platform.

1000 Extra

699 Scam Reports

About

1000 Extra is an offshore Forex broker offering multiple financial assets for trading. The broker provides a user-friendly MT4 platform for trading with a minimum deposit of a significant $1000 to open a live account. The platform supports the English and Spanish language.

Is 1000 Extra Legit?

1000 Extra is an unregulated broker owned by Milex Trade Ltd. It fails to provide any substantial information about its operations. There is no data available about its location. Generally, offshore registered companies have a long history of deceiving investors and indulge in unethical activities.

100XFX

587 Scam Reports

About

100XFX is an offshore Forex and CFD broker that offers to trade with multiple financial assets. The broker provides the trusted MT4 platform for trading with a minimum deposit of a hefty $500 to open an account. The entity also offers a special Islamic account.

Is 100XFX Legit?

100XFX is an unregulated forum owned by 100XFX Ltd, a company registered in St. Vincent and the Grenadines. The broker fails to provide any substantial evidence about its legitimacy. However, offshore registered entities are full of uncertainties.

10Brokers

580 Scam Reports

About

10Brokers is an online Forex and CFD brokerage firm that commenced its business in the year 2018. It offers various financial instruments of different classes for trading. The broker provides the popular MT4 platform for trading with a minimum deposit of $50. The company also provides access to various educational and analytical tools.

Is 10Brokers Legit?

10Brokers is an unregulated platform owned by Euro Wealth OÜ, a company supposedly based in Estonia. The broker is not authorized by any reputed financial authority. Hence, the firm seems to be an illegitimate one.

10CFDs

897 Scam Reports

About

10CFDS is a Forex brokerage located in Belize. According to the brokerage, clients are extended extremely generous leverage of up to 1:200.

Is 10CFDs Legit?

10CFDS is owned by Capital Tech Ltd, a company registered in the Marshall Islands. Moreover, Capital Tech Ltd. was mentioned in the warnings of some regulators (FCA in the UK, FSMA in Belgium), and this time 10CFDS has been blacklisted by Italian regulator CONSOB.

10Markets

754 Scam Reports

About

10Markets is an online trading service provider that offers trading services in various assets like Forex, Stocks, Commodities, and others. As per the registration details mentioned on the official website, the firm is in Vanuatu.

Is 10Markets Legit?

10Markets is a regulated financial service provider with approval from the regulatory authority in Vanuatu. At the same time, the authorization from Vanuatu may not be recognized by other countries because of the differences in regulations.

12Trader

688 Scam Reports

About

12Trader is a brokerage that claims to be formed by the best global financial market experts. The firm provides trading services in Forex, CFD, Stocks, and Contracts. The base of the firm is in St. Vincent and the Grenadine, and it under the ownership of Safe Side Trading Ltd.

Is 12Trader Legit?

12Trader claims to be regulated by financial regulatory authorities. At the same time, firms registered in offshore locations like St. Vincent and the Grenadine are not trusted by traders in other countries.

1K Daily Profit

544 Scam Reports

About

1K Daily Profit is an algorithm which has been designed to anticipate the movement of the cryptocurrency market. The algorithm will allegedly help you to create trades that are profitable. It can also be observed that the platform has made false and unrealistic claims of the profit figures.

Is 1K Daily Profit Legit?

As per the information that we have gathered from our sources, we have found out that 1k daily profit is a registered company. However, the cryptocurrency market is risky and hence, you should only invest if you are sure about the company and its background.

23Traders

867 Scam Reports

About

23Traders is an offshore Binary Options brokerage firm. It offers various assets for trading such as currencies, indices, commodities, and equities. The broker uses the advanced SpotOption trading platform with a minimum deposit of $250 to open a live account. The entity also offers a variety of educational tools like economic calendars, ebooks, live market news, webinar, etc.

Is 23Traders Legit?

23Traders is an unregistered platform based in the UK. It fails to provide any substantial evidence about its establishment and operations. The platform has given numerous fake information regarding its regulations. As per available information, the broker is illegitimate.

24 Expert Coin

943 Scam Reports

About

24 Expert Coin presents itself as one of the prominent cryptocurrency trading platforms in the glamourous crypto world. It offers a variety of popular digital coins to trade with. Although, the entity does not provide any relevant information about its operations.

Is 24 Expert Coin Legit?

24 Expert Coin is an unlicensed platform that lacks legal authorizations. It fails to reveal who is behind the platform and how it operates. Thus, we can say that the entity is illegitimate and operates with full anonymity.

24 Stock Market

762 Scam Reports

About

24 Stock Market Trade is an offshore Binary Options brokerage firm. It does not provide solid information regarding its fundamentals of the platform. Most probably the entity’s market presence is limited and works as an anonymous.

Is 24 Stock Market Legit?

24 Stock Market Trade is an unregulated investment platform. In our comprehensive research, We could not find any credible inflation about its regulations or legal validations. Thus, the entity probably operating as an illegitimate one.

24 Stock Trading

672 Scam Reports

About

24 Stock Trading Capital is a relatively new Forex and Binary Options brokerage firm. It offers a wide array of trading products. The entity promises to provide above 95% of the return on investment, which seems to be unrealistic. To open an account, an individual should invest a minimum of $350.

Is 24 Stock Trading Legit?

24 Stock Trading Capital is an unregulated investment platform. It fails to provide its legal address of the business. Moreover, we couldn’t find any authentic information regarding its legal validations. Thus, the entity seems to be illegal and operates without any regulations.

24 Trade Explore

576 Scam Reports

About

24 Trade Explore is an unfamiliar Forex and Binary Options broker that offers an abundance of financial products to trade with. It seems to be uninterested in disclosing some of the fundamental details of the platform. No authentic information is available about the entity’s trading conditions.

Is 24 Trade Explore Legit?

24 Trade Explore is likely to be an unregulated investment platform. It does not reveal anything about its regulations and legal validations. Furthermore, the entity operates anonymously without any rules and regulations.

24 Trade Fair

588 Scam Reports

About

24 Trade Fair is a trading company founded in the year 2018. It claims to offer a reasonable choice of financial products to trade with. However, we couldn’t find any sufficient information about this company and its trading conditions.

Is 24 Trade Fair Legit?

24 Trade Fair is an unauthorized platform. It does not provide any valid information about its operations, who owns or runs it. The lack of any legal evidence about its current existence in the market creates vagueness among investors.

247BitcoinCrypto

833 Scam Reports

About

247BitcoinCrypto is an unknown cryptocurrency trading platform. It offers decent options for digital coins for trading. In our detailed research, we couldn’t able to find any sufficient relevant details about the platform and its trading conditions.

Is 247BitcoinCrypto Legit?

247BitcoinCrypto is an unauthorized trading platform allegedly based in London, UK. It does not operate under any financial regulatory body. Moreover, the entity fails to share who is behind the platform and how does it operate.

247SmartFX

897 Scam Reports

About

247SmartFX is an online German-based Forex and CFD broker. It offers a wide range of assets to trade with, such as currency pairs, cryptocurrency, stocks, commodities, and indices. The broker uses an advanced and user-friendly MT4 trading platform with a minimum deposit of $250 to open a live account.

Is 247SmartFX Legit?

247SmartFX claims itself to be a registered broker that is owned by Game Capital Ads Ltd, apparently based in Germany. The broker falsely claims that the platform is regulated by the Financial Conduct Authority (FCA) of the UK. Thus, the entity deliberately tries to mislead the investors about its legitimacy.

24StarTrade

799 Scam Reports

About

24StarTrade is an online trading brokerage firm that is under the ownership of Finance Group Corp or Cent Projects Ltd. It has offices in Seychelles and Vanuatu and provides trading services in all assets like Forex, Stocks, Cryptocurrency, Commodities, and others.

Is 24StarTrade Legit?

24StarTrade is not a regulated financial service provider with the license to offer trading services. It is an offshore trading service provider without approval from regulatory authorities like FCA and FMA.

24StockCapitals

564 Scam Reports

About

24StockCapitals claims to be one of the leading blockchain investment trading platforms. It offers a solid selection of prominent crypto coins for trading and mining. However, the entity fails to disclose any fundamental information regarding the trading conditions. The minimum deposit for an investment plan is a substantial $300.

Is 24StockCapitals Legit?

24StockCapitals claims itself to be regulated and legally valid. After thorough research, it claims to turn out to be false. The entity does not have any legal validations and does not operate under any financial regulatory body.

24TradeRush

956 Scam Reports

About

24TradeRush is an online Binary Options and Forex broker under the ownership of B.O. Tradefinancials Ltd. The firm is from Cyprus and provides trading services for Forex, CFD, and Binary Options.

Is 24TradeRush Legit?

24TradeRush is not legit because the firm is not regulated by one of the financial regulatory authorities. The official website claims that the firm is registered with CYSEC. But we can confirm that it is a false claim.

297 Club

789 Scam Reports

About

Essentially the 297 Club is a suite of lead scraping tools, designed to increase leads to your business and boost that all-important bottom line. There are a total of 4 different software scraping programs for members to use.

Is 297 Club Legit?

297 Club is a company that has no affiliations and licenses. It has the form of a pyramid scheme where to register you have to pay 297 US dollars. We cannot find any particular details concerning its owners or base of operations.

2dots

572 Scam Reports

About

2dots is a company which provides a platform for online trading. The platform offers trading pf more than 1000 financial assets that can be traded in foreign exchange, and CFDs, etc.

Is 2dots Legit?

As per our investigation, we have found out that 2dots is registered under Vanuatu. However, we have also come across the fact that it is very easy for fraudulent companies to get registered under Vanuatu, which leads us to believe that the company is not authentic. We have also found out that several traders have complaints about the problems they faced with the company.

31FX

775 Scam Reports

About

31FX is an online trading service provider that offers trading services in assets like Forex and CFD. The firm is a part of the JRV Market Ltd. It has bases in the British Virgin Islands and offers trading services for traders from the UK.

Is 31FX Legit?

31FX is not a regulated financial service provider with authorization from regulatory authorities. It does not have the approval to offer trading services in the UK from authorities like the FCA.

365BinaryOption

710 Scam Reports

About

365BinaryOption is a broker in the binary options industry. The company claims to be registered by a group of binary professionals and expert traders in order to assure the best binary options trading environment.

Is 365BinaryOption Legit?

As per our investigation, this company offers fake promises to form high-class accounts that offer wide varieties of benefits to the traders. So it is always risky to trust such companies that deal with fake promises.

365FX

563 Scam Reports

About

365FX, formerly known as, 365BinaryOptions is a forex trading firm that provider Binary Options trading services online. The firm is under the ownership of Fintech Software Inc from the Marshall Islands.

Is 365FX Legit?

365FX is not registered with any of the regulatory organizations. It is an offshore trading service provider without approval from one of the financial regulatory authorities like FCA, FMA, and ASIC.

365Trading

887 Scam Reports

About

365Trading is an online Binary Options broker that offers trading services using web-based trading platforms. The official website 365trading.com is no longer functioning, and it looks like they are not accepting new registrations.

Is 365Trading Legit?

365Trading claims to be registered with the Cyprus Securities Exchange Commission (CySEC). The firm is not a regulated financial service provider with authorization to offer trading services in other countries like the UK and the US.

4FX Trader

785 Scam Reports

About

4FX Trader is an experienced trading platform offering ample choices of financial products for trading. It was the brainchild of a team of professionals with excellence in financial trading. The entity fails to provide any useful information about its trading conditions and operations.

Is 4FX Trader Legit?

4FX Trader is certainly an unregulated investment platform. It does not provide any legal address nor any credible details of its regulations. Moreover, the entity lacks legal validation and operates anonymously.

4xbrands

566 Scam Reports

About

4xbrands is an online trading service provider based in St. Vincent and the Grenadines. The firm provides trading services in Forex and CFD. The official website is not functioning anymore, and the firm is no longer accepting new investments.

Is 4xbrands Legit?

4xbrands is not regulated by any of the regulatory authorities. The firm is an offshore broker without approval from financial regulatory authorities like the FCA, ASIC, and others to offer trading services.

4xCube

894 Scam Reports

About

4xCube is an STP/ECN based CFD Forex broker that operates since 2018. It offers a wide range of financial assets to trade with. The broker provides an MT4 and CubeTrader platform for trading with a minimum deposit of $5 to open a live account. The entity does not entertain US residents.

Is 4xCube Legit?

4xCube is a registered platform in the Cooks Islands. It is regulated by the Financial Supervisory Commission (FSC) of the Cook Islands. As per available information, FSC is not a reputable regulator, it is very tolerant towards the offshore broker.

4xFX

688 Scam Reports

About

4xFX is a trading service provider that offers trading services online in Europe. The firm is under the ownership of GRF EUROPE OÜ, based in Estonia. It provides trading services in all assets including Forex, Stocks, Cryptocurrency, and others.

Is 4xFX Legit?

4xFX claims to be registered with the government of Estonia. But the registration is for offering financial services in the country. It does not have the authorization to provide trading services in the UK.

4xincome

967 Scam Reports

About

4xincome is an online trading broker that offers social trading services. The firm offers trading with assets like Forex, CFD, Indices, and Metals. It is under the ownership of Sky Hub Limited, which is from St. Vincent and the Grenadine.

Is 4xincome Legit?

4xincome is not a legitimate broker with the authorization to offer financial services from regulatory authorities like FCA. The official website does not have information on registration details.

4xpremium

772 Scam Reports

About

4xPremium is a broker that offers services such as Forex, CFD, and or Binary Options trading. It is owned and operated by Index Limited.

Is 4xpremium Legit?

4xPremium is an unregulated and offshore broker. It enables the investors through its complex algorithms to assess the market conditions and make investment decisions through the bots which makes it unreliable. Moreover, it has been blacklisted by many financial regulators such as FCA, GMIL, and CONSOB.

55 CMT

812 Scam Reports

About

55 CMT is an offshore cryptocurrency trading platform. It claims to have a wide array of financial products to trade with. The entity lacks the popular MetaTrader and fails to mention other vital trading information. Moreover, withdrawal conditions are too unusual with an unduly charging high commissions.

Is 55 CMT Legit?

55 CMT is an unregulated platform, supposedly based in St. Vincent and the Grenadines. It does not disclose any information about its regulations. Thus, we can conclude that surely the entity lacks legitimacy and operates autonomously.

60OP

567 Scam Reports

About

60OP offers Tradologic Forex CFD trading software. The company trades in Forex, Stocks, CFD, etc. It has the Simple platform and Trading Forex Pro platform. The minimum trading amount is $250 with a withdrawal allowance of $100.

Is 60OP Legit?

60OP is an offshore broker and in that case, these companies are nor regulated. 60OP can be assumed as not a registered company since there is no information available on that.

69Brokers

775 Scam Reports

About

69Brokers is a Forex brokerage supposedly based in Switzerland. It provides clients with the MT4 trading terminal.

Is 69Brokers Legit?

69Brokers is an unregulated broker. It has not got a license from any financial regulatory body and this raises a big red flag. As per our information, dealing with such a broker for any purpose is not at all recommended. In addition, the Swiss Financial Market Supervisory Authority (FINMA) has issued a warning against 69Brokers.

70Trades

676 Scam Reports

About

70Trades is a CFD and Forex broker based in Seychelles. It is part of Securcap Securities Limited. The website offers a lot of educational resources for beginners and customizable portfolios.

Is 70Trades Legit?

70Trades is regulated by the financial authority of Seychelles. But to offer trading services to other countries, trading firms need approval from the country’s regulatory authority or a more trustworthy international organization.

72Option

871 Scam Reports

About

72Option is a Binary Options broker, owned and operated by Epic Ventures LTD. It offers SpotOption trading platform for Binary Options, and also has Forex and CFD trading platforms available.

Is 72Option Legit?

Upon doing the research, we could not find any valid license for 72Option which indicates that this company is not regulated.

777 Binary

731 Scam Reports

About

777 Binary is a new Binary Options broker. It was founded in 2012. The payouts are pretty high and it makes 777 Binary the non-stop trading destination for the traders.

Is 777 Binary Legit?

777 Binary does not have an Educational section and that is not good for a broker and the website is not well built. Also, some pages of the websites seem to be copied from other pages of other broker’s websites. Hence, it is not safe to trade with 777 Binary.

7Online

841 Scam Reports

About

7Online is a foreign exchange trading platform for cryptocurrency currency. The company offers a platform for trading of various cryptocurrencies such as Bitcoin, and Litecoin, among others.

Is 7Online Legit?

As per our investigation, we could not find any lead that could tell us whether 7Online is registered or not. Hence, we cannot tell you about the company’s legitimacy. However, cryptocurrency trading involves many risks and you should only invest with a company that is regulated.

8888Markets

987 Scam Reports

About

8888Markets is an online Forex trading service provider that provides Forex and CFD trading through web trading platforms and MetaTrader4 platform. There are no details about the ownership of the firm and registration.

Is 8888Markets Legit?

8888Markets is not regulated by one of the financial regulatory authorities. The official website does not mention any details about the registration with organizations like FCA or ASIC. So it is not a legitimate broker.

8inFX

675 Scam Reports

About

8inFX is an online Forex trading service provider that provides Forex trading services through web trading platforms. The firm is under the ownership of 2dots Limited and the base is located in Vanuatu.

Is 8inFX Legit?

8inFX is not regulated by one of the financial regulatory authorities. The official website does not mention any details about the registration with organizations like FCA or ASIC. So it is not a legitimate broker.

999Dice

812 Scam Reports

About

999Dice is a popular gambling site just like a simple dice game. It accepts multiple cryptocurrencies but Bitcoin is the popular one. However, the 999Dice platform distinguishes itself from likewise games because it offers an unbelievable 0.1% house edge. The company also provides a generous affiliate program to its customers.

Is 999Dice Legit?

999Dice claims itself to be a legitimate company and offers empirical fair bets, which can be verified on its website. The company supports transparency. Being a gambling site, the company does not operate under any financial authority.

99Mining

567 Scam Reports

About

99Mining is a relatively new Bitcoin cloud mining software based in the UK. It aims to deliver the traders with the simplest possible way to make money without doing any hard stuff. The company offers to give a massive rate of returns on a regular basis.

Is 99Mining Legit?

99Mining is an unregulated entity. It does not have any credible information on the official website. The listed address provided by the entity is not valid. The absence of proper customer assistance is also missing.

AAAFx

986 Scam Reports

About

AAAFx is a trading service provider based in Athens, Greece. The firm claims to be regulated in Europe and offers trading services for various assets like Forex, CFD, Cryptocurrencies, and others. It is one of the popular trading service providers with a lot of active users in Europe.

Is AAAFx Legit?

AAAFx claims to be regulated in Europe. At the same time, the regulation with a local banking service provider may not be considered valid for providing international trading services.

AAFX

575 Scam Reports

About

AAFX Trading is an online trading service provider that offers Forex and CFD trading through platforms like MT4. The firm is based in St. Vincent and the Grenadines, and it has offices in Hong Kong and Malaysia.

Is AAFX Legit?

AAFX Trading is not a regulated financial service provider. The firm claims to be authorized by authorities in St. Vincent and the Grenadines. But having an offshore license is not enough to offer trading services for traders from all over the world.

Aaron-capital

558 Scam Reports

About

Aaron-capital is an online crypto trading company. It has recently popped on the internet and started using VOIP (Voice over Internet Protocol) for its business dealings. The company claims to have expert management specialised in a simple trading strategy.

Is Aaron-capital Legit?

Aaron-capital claims to be an officially registered company in the USA on its website, but it is hardly verifiable. No authorities are associated with the company. The company has also hidden its owner’s name and also the address provided could not be verified.

ABIG AS

897 Scam Reports

About

ABIG AS (abig.no) is an online trading service that offers CFD, Bitcoin, and other trading services. There is no further information available about the firm. The official website is now offline, and it looks like the firm is no longer functioning.

Is ABIG AS Legit?

ABIG AS is not registered with any of the regulatory authorities, like the FCA. It does not have a license to offer financial services. So, ABIG is an unregulated financial service and your investments may be at risk.

AccentForex

698 Scam Reports

About

AccentForex is a Forex trading service based in Vanuatu. The firm provides trading assets like Gold, Silver, Oil, and over 60 currency pairs. It has a MetaTrader 4 platform and is owned by the Accent Markets Group.

Is AccentForex Legit?

AccentForex is not a regulated financial service provider that can offer trading services to traders from all over the world. The firm claims to have the license from Vanuatu Financial Services Commission (VFSC). But an offshore license will not be recognized by most countries.

Ace Forex

770 Scam Reports

About

Ace Forex is an offshore broker specialized in trading Forex, Commodities, CFDs, and Binary Options. It offers a variety of financial assets for trading. The broker provides the latest MT5 trading platform with a generous minimum deposit of $50 to open a live account. The company’s official domain “www.acefx24.com” was registered in 2014.

Is Ace Forex Legit?

Ace Forex claims itself as a legit broker. Its headquarter is located in New Zealand and branch offices in Hong Kong, the US, and St. Vincent and the Grenadines. As per available information, earlier the broker was regulated with New Zealand’s FMA. Later, it was deregistered for practicing unethical activities.

ACFX

587 Scam Reports

About

ACFX or acfx.com is the official website of Atlas Capital, which is a forex trading service provider under the ownership of Atlas Group. The domain has changed hands now, and it is under the ownership of Arab Capital Group. The Atlas Capital or Atlas Group is one of the largest businesses in Europe.

Is ACFX Legit?

ACFX is regulated by CySEC. At the same time, a license from an offshore location like Cyprus will not be accepted by some countries.

Active Crypto FX

891 Scam Reports

About

Active Crypto FX claims to be an award-winning Forex and Binary Options trading platform providing services to individual and private institutions. It offers a lot of financial instruments for trading. The minimum deposit is generous $300 to open an account.

Is Active Crypto FX Legit?

Active Crypto FX claims to be a regulated investment platform located at 44 E 14TH ST, NEW YORK, NY 10003, USA. It is regulated under the independent Financial Market Relations Regulation Center (FMRRC). However, the regulator lacks credibility in the international arena.

Ad Revolution

971 Scam Reports

About

Ad Revolution is an advertisement reselling website that gives its customers an opportunity to earn a lot of profits by reselling ads. Ad Revolution gives clients a chance to earn money by investing in ad banners around the internet.

Is Ad Revolution Legit?

Ad Revolution is clearly a scam. We visited the website and still could not find any details about the company. We could not find the owners or details regarding where the company is based. The site just appears to be created hastily and does not have the company name listed in the end.

Add-ex.io

783 Scam Reports

About

Add-ex.io is a cryptocurrency trading firm that facilitates trade and investment in different cryptocurrencies such as OmiseGo, Waykia Chain, DANG-X/USDT, and many others.

Is Add-ex.io Legit?

There is a serious lack of regulation since Add-ex.io is located in jurisdictions that do not imply the strictest policies to the financial service firms. Yet, being operated from Bulgaria the broker should be registered with the local authority, and it is not the case with Add-ex.io.

ADDEX

909 Scam Reports

About

ADDEX (Add-ex.io)is a global professional broker which deals with digital wealth founded in the year 2017. It provides a forum blockchain technology and digital asset trading. The company has earned a good reputation in the market with the help of professional management.

Is ADDEX Legit?

ADDEX is a broker which works with full anonymity. It is not registered under any trusted authority but partners with some agencies like FCA in the UK, and ASIC in Australia. The company does not have any authentic contact details apart from the email displayed on its official website. There is also no physical address or detail in any associated firm.

Admiral Markets

723 Scam Reports

About

Admiral Markets is a reputable online trading platform operating since 2001. It offers various investment services for trading with Forex and CFDs on commodities, stocks, indices, bonds, and cryptocurrency. The company provides advanced MT4 and MT5 platforms for trading with a minimum deposit of $200. The official domain is “www.Admiral-Markets.com“. The platform also provides various educational and market analysis tools.

Is Admiral Markets Legit?

Admiral Markets is a well renowned regulated platform based in the UK. It is authorized and regulated by various reputable jurisdictions across the globe – CySEC, ASIC, FCA, EFSA, and MiFID.Thus, the entity is an authentic and legitimate one.

ADN Markets

876 Scam Reports

About

ADN Markets is a trading brokerage service that offers trading services in various assets. There is no information on the website about the ownership and other details like the registration and authorization.

Is ADN Markets Legit?

‘ADN Markets’ is not registered with any of the authorized financial service regulatory authorities. The firm does not have the approval to offer financial service in countries like the UK and the US.

Aduno Capital

572 Scam Reports

About

Aduno Capital is an online Forex broker listed in the year 2019. It claims to offer more than 50,000 financial instruments for trading. There is no substantial information is available about the company’s working conditions, platforms, minimum deposit, leverage ratio, etc.

Is Aduno Capital Legit?

Aduno Capital is an unregistered broker and falsely claims to be regulated by Aduno Capital Group Ltd, a firm based in Germany. The broker deliberately tries to perform financial activities by faking licenses of various jurisdictions like FCA, CySEC, MFSA, and SFC. Later, it was founded that Aduno Capital is a clone, using the details of the licensed company illegally.

Advance Trade Option

897 Scam Reports

About

Advance Trade Option is an anonymous trading platform that claims to offer a lot of financial products to trade with. It has not publicized much of its vital corporate information on trading conditions. In addition, no such authentic contactable details are available for investors.

Is Advance Trade Option Legit?

Advance Trade Option is an unlicensed platform, presumably located in London. After thorough research, we couldn’t find specific details about its regulations or legal validations. Thus, the entity is likely to be illegitimate and operates unlawfully.

Affiliated Trade Group

524 Scam Reports

About

Affiliated Trade Group is a Forex brokerage firm founded in the year 1998. It offers trading in various financial instruments. The company does not provide basic information about its trading conditions, platform, minimum deposit, etc. Although, the entity claims to have offices in Costa Rica and Japan, with its headquarter located in Zurich.

Is Affiliated Trade Group Legit?

Affiliated Trade Group is an unregulated platform, presumably based in Switzerland. It falsely claims to be regulated by the Swiss Financial Market Supervisory Authority (FINMA). Thus, we can say that the entity is an illegitimate one.

AFX Markets Online

505 Scam Reports

About

AFX Markets Online is a broker that provides Forex, CFD, Indices, Metals, and Energies trading through MT4 and mobile platforms. The firm is under the ownership of Blue Isle Markets Inc, based in St. Vincent and the Grenadines. It has offices in Johannesburg, South Africa.

Is AFX Markets Online Legit?

AFX Markets Online is regulated by an offshore regulator. A license from St. Vincent and the Grenadines may not be accepted by regulatory authorities in other countries.

AG Capitals

651 Scam Reports

About

AG Capitals is a Forex and Binary Options broker based in the Marshall Islands. The firm is under the ownership of AG Capital Ltd. The official website of the firm is no longer functioning, and it looks like it is not accepting new registrations anymore.

Is AG Capitals Legit?

AG Capitals is not a regulated financial service provider with the authorization to offer financial services. The firm is not authorized by one of the regulatory authorities like the FCA or FMA.

AG Markets

567 Scam Reports

About

AG Markets is a Forex and CFD broker based in Saint Vincent and the Grenadines. It is a part of Advanced Global Markets Inc. The firm offers trading assets like Stocks, Cryptocurrencies along with Forex.

Is AG Markets Legit?

AG Markets claims to be registered with IBC. At the same time, the firm is not authorized to provide trading services by regulatory authorities like the FCA and ASIC.

AirBit Club

712 Scam Reports

About

AirBit Club is a platform that allows you to earn a return on investment by trading in cryptocurrencies. The company also promises you to earn commissions. The company also claims that its customers will earn heavy amounts of profits through the company’s system.an opportunity to make money online.

Is AirBit Club Legit?

As per our investigation, we could not find any solid information or proof that could state whether AirBit Club 2017 is a legitimate company or not. However, the company has made several false claims which lead us to believe that it is not legit.

AitsFX

737 Scam Reports

About

AitsFX is an offshore Forex and CFD brokerage firm operating since 2015. It offers a wide range of financial instruments for trading. The broker offers an advanced MT4 trading platform with a minimum deposit of $250 to open a live account. The firm provides decent customer assistance to its clients.

Is AitsFX Legit?

AitsFX claims to be a legit broker owned by AitsFX Ltd, a company located at Suite 305, Griffith Corporate Centre P.O. Box 1510, Beachmont, Kingstown, St. Vincent, and the Grenadines. The broker state that they have applied for a license from the reputed Finance Conduct Authority(FCA) of the UK. Thus, the broker legitimacy is a serious concern.

AL Trade

579 Scam Reports

About

AL Trade is a Forex and CFD broker that operates since 2003. It offers multiple financial assets of different classes for trading. The broker provides a user-friendly MT4 platform for trading with a minimum deposit of $200. A demo account is available for 90 days post-registration.

Is AL Trade Legit?

AL Trade is an unregulated platform, presumably based in London, UK. It does not have any valid license from local authorities to operate financial services. The broker fails to provide credible information regarding its regulations.

AleForex

567 Scam Reports

About

AleForex is a Forex broker offering a trade with multiple financial assets. It claims to have a team of professionals with an abundance of experience behind this platform. The broker promises to provide free and fair trade. Although, there is not considerable information is available for investors about its trading conditions, platform, leverage ratio, etc on the internet.

Is AleForex Legit?

AleForex is an unregulated platform, presumably based in the UK. It claims to be regulated by the Financial Conduct Authority (FCA) of the UK. Later, we came across that the claim is bogus and the firm is working without any valid license.

AlfaTrade

564 Scam Reports

About

AlfaTrade is a generous Forex broker that offers more than 200 financial instruments for trading. It claims to have a global reach and operates in more than 150 countries. The broker provides a popular MT4 trading platform with a minimum deposit of $500. The entity also offers mirror trader facilities, especially for the professional traders.

Is AlfaTrade Legit?

AlfaTrade claims itself to be registered in St. Vincent and the Grenadines. It is owned by the infamous Nemesis Capital Limited. After thorough research, we came across that the entity was regulated by UK’s FCA, later licensed was suspended for practicing unethical activities.

Alpari Trade

987 Scam Reports

About

Alpari International is a brokerage firm that provides Forex, Shares, Indices, and Commodity trading options since 1998. It is one of the popular trading service providers in the world with a large number of active users.

Is Alpari Trade Legit?

Alpari is registered with the Financial Services Authority of Saint Vincent and the Grenadines. Even though it is a financial regulatory authority, it can be considered as an offshore based on registration location.

Alpha Trade

765 Scam Reports

About

Alpha trade is a cryptocurrency investment firm that operates from San Francisco, California. The firm offers investment plans in four different options starting from a 35% return to 85%.

Is Alpha Trade Legit?

The company website says that the company is registered as an international company. But there is no accreditation from trading and financial authorities like FINRA and SEC.

AlphaBetaFx

729 Scam Reports

About

AlphaBetaFx (ABFX) is a forex broker. Alpha Beta FX provides the MT5 and cTrader forex trading top platforms. AlphaBetaFX.com offers over 50 forex currency pairs, indices, CFDs, commodities, gold, silver, oil, bitcoin, and other cryptocurrencies for your personal investment and trading options.

Is AlphaBetaFx Legit?

AlphaBetaFx falsely claims that it is registered in the FCA and regulated. In fact, the company actually does not have proper trading licenses. The firm has warnings against it issued by different financial bodies.

Alphabetfx

655 Scam Reports

About

Alphabetfx is a Forex brokerage firm launched in the year 2017. It offers various financial instruments for trading such as Forex pairs, commodities, stocks, and shares. The broker provides a user-friendly MT4 trading platform with a minimum deposit of $250 to open a live account.

Is Alphabetfx Legit?

Alphabetfx is an unlicensed broker owned by TRIPLE15 Ltd, a Bulgarian company. It does not possess any valid license to provide financial services. The firm’s legitimacy is a serious concern for investors.

AlphaCapital

589 Scam Reports

About

AlphaCapital presents itself as a leading Forex brokerage firm. It offers multiple financial assets for trading. The firm promises to provide secure and smart trading with a competitive edge. The broker provides a suitable MT4 trading platform with a generous leverage ratio of up to 1:500.

Is AlphaCapital Legit?

AlphaCapital is an unregulated platform owned by Alpha Capital Securities Ltd, a company based in Tallinn, Estonia. The entity does not have any valid license to facilitate financial services. Thus, the entity seems to be illegitimate, and that might give a headache to investors.

AlphaPrime

561 Scam Reports

About

AlphaPrime is a company which is offshore and the broker has designed a platform that lets its customers earn heavy profits by trading in various cryptocurrencies online. The company has also made several impossible promises and we have also observed that it is not reliable.

Is AlphaPrime Legit?

From what we have found out, we could not get any solid lead that could tell us whether AlphaPrime is legitimate or not. However, we observed that the company is not reliable, and hence we believe that it is not authentic.

Altinvest

547 Scam Reports

About

Altinvest is an investment firm that offers good trading facilities and returns. On the website, it shows that the company is owned by Altinvest Finance Limited and is located in Vanuatu.

Is Altinvest Legit?

Altinvest is based in Vanuatu, this makes the company an offshore brokerage. Offshore firms do not follow any strict regulatory policies and therefore have a high chance of being scams. Also, we could not find any clear details about the functioning of the company on its website.

AMarkets

572 Scam Reports

About

AMarkets is a noted offshore Forex brokerage firm that commenced its business in the year 2007. It claims to provide a safe and secure platform to read with numerous financial instruments. The broker offers the latest MT4 and MT5 trading platforms with a minimum deposit of $100.The entity also gives access to trading tools along with educational materials for registered users.

Is AMarkets Legit?

AMarkets is registered in St.Vincent and the Grenadines. It is authorized and regulated by SVGFSA (Financial Services Authority St. Vincent and the Grenadines). However, the offshore regulated company lacks credibility in the market.

Amber Am

555 Scam Reports

About

Amber Am is an online trading platform that offers to trade for various instruments like Cryptocurrencies, Commodities, Stocks, and Indices. The company is located at Strandvejen 163, 2900 Hellerup, Denmark. The minimum investment is $250.

Is Amber Am Legit?

Amber Am is an unregulated investment company, works anonymously. It fails to provide any substantial information regarding its owners. The company does not operate under any reputed financial authority. The Danish Financial Supervisory Authority (FSA) says Amber Am is a clone company.

AMP Trading

512 Scam Reports

About

AMP Trading is a Forex broker that offers various financial instruments to trade with. It promises to provide numerous opportunities to the global traders with diversified trading and the latest developments in the market. The broker provokes the latest MT5 trading platform with a minimum deposit of a hefty $5000 to open an account.

Is AMP Trading Legit?

AMP is a regulated platform managed by AMP Prime Ltd, a company based in England and wales. It falsely claims to be regulated by UK’s FCA and offshore regulator VFSC. Later, we came across that the firm is a clone of AMP Futures and tries to fool the investors.

Amro Consultancy

911 Scam Reports

About

Amro Consultancy S. L. appears to be an online company based in the UK. There is a severe lack of information about the company online.

Is Amro Consultancy Legit?

Even after our thorough research, we could not uncover a lot about the company, its origins, and its owners. There is little to no information about the existence of the company. Most probably it was a front for scammers.

Angel Broking

738 Scam Reports

About

Angel Broking is a trading firm that specializes in the stock exchange. The firm provides services in India and offers various investment options.

Is Angel Broking Legit?

Angel Broking is registered with stock exchanges in India. It is a regulated company that is registered with the government. It has a license to offer financial services in India from regulatory authorities.

AnyOption

579 Scam Reports

About

AnyOption is a global Binary Options brokerage firm operating since 2008. It offers hundreds of financial instruments to trade which includes currencies pairs, stocks, commodities, and indices. The broker has emerged to be one of the best and reliable trading platform in the world. The entity concentrates on simplicity and high pay returns.

Is AnyOption Legit?

AnyOption is a registered broker and its headquarter is located in Nicosia, Cyprus. The platform is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC). The entity has established itself as a long term suitable player in the market by following the rules and regulations.

ApexFinance

446 Scam Reports

About

ApexFinance is an investment company that provides a platform for its users to earn profits by trading cryptocurrency. The company claims that its users will earn heavy profits, with figures that are unrealistic.

Is ApexFinance Legit?

No, Apex Finance is not a legitimate company as the company is unregulated and thus highly exposed to fraud. The Apex Finance company is not regulated, which makes it unsafe to invest with.

Arbistar

965 Scam Reports

About

Arbistar is a popular cryptocurrency Multilevel Marketing (MLM) niche company based in Spain. It does not offer any retail products or services, but anyone can sign up and become a member of the affiliate program. The company helps its clients to make money with advanced technology trading bot. Arbistar CEO Santi Fuentes manages all its operations, he possesses good experience in referral marketing.

Is Arbistar Legit?

Arbistar claims itself to be registered in Spain but there is not any verifiable evidence to prove its claim. There is a lot of dubious information about the company on the internet. Thus, the legitimacy of the entity is a matter of concern.

AroTrade

552 Scam Reports

About

AroTrade is a rapidly growing Forex brokerage firm that started its business in 2018. It offers more than 1000 financial assets of different classes for trading. The broker offers a simple web-based trading platform with a minimum deposit of $250 to open a live account. The firm also provides a special Islamic account option.

Is AroTrade Legit?

AroTrade is registered as an offshore entity owned by Speed Solutions Ltd, a company based in Belize. It has a license from the International Financial Services Commission (IFSC) of Belize. Being an offshore entity, investors have some sense of insecurity related to its regulations.

Ashford Investments

936 Scam Reports

About

Ashford Investments is a Binary Options broker. It also offers the relatively new and somewhat strange hybrid between option and spot trading.

Is Ashford Investments Legit?

Ashford Investments claims to be regulated by the Financial Conduct Authority. But our thorough investigation proves it to be false. The broker is not licensed by any legitimate financial regulating authority. It was also alerted by the UK’s FCA for the target of the residents without its legal permission to do so. It is an offshore broker that is not at all trustworthy.

Asic Trader

980 Scam Reports

About

Asic Trader a CFD brokerage firm primarily focuses on cryptocurrencies. It offers various digital assets for trading. The firm lacks a popular MT4 trading platform, it uses an average Scamex platform instead. The minimum deposit is extremely low, $5 to open a live account and leverage up to 1:2.

Is Asic Trader Legit?

Asic Trader is an integrated platform owned by Hellax Corp LP, a company presumably based in Edinburgh, Scotland. The firm neither has any valid license nor it is regulated by any reputed financial authority. Thus, the firm probably an illegitimate one.

ASPEN HOLDING

665 Scam Reports

About

Aspen Holding is an offshore broker, offering six account types with a leverage of up to 500:1 and a choice between a web-based trading platform and the MetaTrader4.

Is ASPEN HOLDING Legit?

Aspen Holding claims to return a huge profit on the minimum investment of USD 250. But our investigation has proved it to be otherwise. We found that is not a registered entity and has a record of stealing money from the investors. However, we realized upon our findings that it is not a licensed broker and hence it is not a regulated entity.

AstroFX

948 Scam Reports

About

AstroFX is a trading platform that accepts investments with a claim that it is regulated by CySEC. It offers trading software and has withdrawal and deposit charges for trading. As per the FCA records, this is run by Algobot Ltd.

Is AstroFX Legit?

AstroFX deceitfully claims to be registered under CySEC. As per the FCA record, this firm has been providing financial services without authorization. There is also a possibility that this is an offshore company.

Atecs Capital

713 Scam Reports

About

Atecs Capital is a cryptocurrency CFD broker that claims to offer a good choice of popular digital coins to trade with. It does not share much of its relevant details regarding operations. The broker lacks MetaTrader and works with an unknown trading platform with a minimum deposit of a hefty $500.

Is Atecs Capital Legit?

Atecs Capital is an unregistered platform managed by Altos Group Ltd., a company likely to be based in the Republic of Dominica. The entity deprived of proper regulations and thus works autonomously with any valid license.

Atom FX Pro

612 Scam Reports

About

Atom FX Pro, or simply atomFX, provides trading services to users all around the world. The company is based in the United Kingdom.

Is Atom FX Pro Legit?

Atom FX Pro has no regulated licenses for its trade activities. Therefore the trade it conducts in the different parts of the world can be considered illegal.

Auto Profit Formula

574 Scam Reports

About

The Auto Profit Formula can be seen on a lot of internet banners. The adverts claim to offer a way to earn hundreds of dollars every day. All this is too convenient for not being a scam. Hence before making an investment, give this Auto Profit Formula review a good read.

Is Auto Profit Formula Legit?

Auto Profit Formula is basically filled with affiliate links and will clickbait you to loads of different products and services. You as a user will be confused as to which one is the main product. The whole system is designed to transfer you from one page to another.

Auto Trade Option

811 Scam Reports

About

Auto Trade Option is an unfamiliar Forex broker that claims to offer a variety of financial products of multiple classes. It does not share much about its corporate information. Moreover, we couldn’t able to gather relevant details regarding the entity’s trading conditions, and also it lacks any medium of communication.

Is Auto Trade Option Legit?

Auto Trade Option is an unlicensed trading platform. It does not operate under any financial regulatory body. The entity operates independently without any legal permission. Thus, investors termed the entity, as illegitimate and forbidden to transact with it.

AVA Investments

781 Scam Reports

About

AVA Investments is an offshore Forex broker that offers a variety of financial instruments for trading. The broker provides the latest MT4 trading platform with a minimum deposit of $250 to open a live account. The entity also gives access to a swap-free Islamic account option to registered users.

Is AVA Investments Legit?

AVA Investments is an unregulated platform owned by Bauman Ltd & Pacific consulting co Ltd. It presumably registered in the Marshall Islands. The broker does not have any legal authority to provide financial services. Thus, the entity works as an illegitimate one.

Avalon International Group

678 Scam Reports

About

Avalon International Group is a financial service provider that offers investment services. The company has been in operation since 2003, and there are no details regarding the license and accreditation details on the website.

Is Avalon International Group Legit?

Avalon International Group’s official website mentions nothing about accreditation from recognized authorities. Their name is also not listed in any of the recognized trading platform lists.

Avari Trade

723 Scam Reports

About

Avari Trade is an anonymous trading platform. It claims to offer an abundance of financial products to trade with such as currency pairs, commodities, shares, stocks, and indices. As per our research, we failed to find any credible information about its trading conditions nor any medium of contact.

Is Avari Trade Legit?

Avari Trade is an unauthorized trading platform. It has no such presence on the internet. Moreover, there is no information available about legal validation or regulations. Thus, we can certainly say that the entity works with full anonymity.

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