When selecting a reliable and regulated forex broker, it is worth reconsidering PrimusCFD. Although they assert regulation in prominent regions like Cyprus and offshore locations such as Vanuatu, they lack a valid forex license to operate in these areas or elsewhere. Given this essential information, we highly recommend reviewing our comprehensive evaluation of PrimusCFD before…
Category: Scam broker
CrestyBase Trade Fx Review: This is a Scam!!
CrestyBase Trade Fx claims to be a forex and CFD broker with over 20 years of history and global presence. However, this website is a low-effort scam targeting inexperienced traders. In this review, we’ll teach you how to identify trustworthy brokers and suggest reliable companies for trading financial instruments. CrestyBase Trade Fx Regulation When you…
Way2Forex Review: red flags about this forex broker
Way2Forex presents itself as a legitimate and regulated broker based in the United Kingdom, aiming to attract traders with promises of secure and transparent trading experiences. However, upon closer inspection, significant discrepancies raise serious concerns about its operations. Contrary to its claims, Way2Forex operates without any regulatory oversight. This lack of proper regulation is alarming,…
Marketmakers Review: market-mkrs.com is a Scam!!
Marketmakers claims to be an award-winning forex broker with nearly twenty years of experience. However, this website serves as a strong reminder to always verify facts before investing your money. In this review, we’ll demonstrate why Marketmakers is simply another online scam and guide you towards reputable brokers for trading in financial markets. Marketmakers Regulation…
Fidelite Limited Review: Your Money Is Not Safe!!
In the fast-moving world of forex trading, you might notice Fidelite because it claims to be a UK-regulated broker. On the surface, they appear reliable and secure, convincing many that they adhere to strict regulatory standards. However, our deep dive into their operations reveals a different story. We discovered that, despite Fidelite’s claims, they aren’t…
ELTM Trading Review: red flags about eltm-invest.com
ELTM Trading promotes itself as a well-established forex and CFD broker capable of assisting with financial market investments. However, even a cursory review uncovers numerous issues with these assertions. There is no evidence to suggest that ELTM Trading is anything other than an online scam. In this review, we will explain why it is unwise…
Accurate Smart Trader Review: This is a Scam!!
Accurate Smart Trader is misleadingly named, as it is far from the “trusted, regulated, and award-winning forex broker” it purports to be. In reality, Accurate Smart Trader is just another online scam preying on individuals lacking experience and knowledge in financial trading. Let’s examine in detail why you should avoid entrusting your money to Accurate…
ExclusiveXinvest Review: ExclusiveXinvest is a Scam!!
When looking for a dependable forex broker, ExclusiveXinvest falls short of the necessary standards. The company is not licensed for forex trading and is registered in Saint Vincent and the Grenadines, an offshore location known for its lenient regulatory environment compared to stricter financial centers. To ensure the safety of your investments, it is important…
Solid Trade Review: solidtrade.org is a scam!!!
Choosing a forex broker necessitates a thorough assessment of their transparency and trustworthiness. Unfortunately, Solid Trade falls short in both areas. The broker’s deliberate concealment of its operational location, ownership, and registration status is deeply troubling. Additionally, the lack of a valid forex license further erodes Solid Trade’s credibility and legitimacy. This major shortcoming casts…
Syganica Review: 5 red flags about syganica.com
Syganica claims to be a regulated and award-winning forex broker. However, in reality, it is a scam, similar to many other fraudulent brokers we have come across. Let’s explore how to recognize these scams and how to find a reliable broker for your initial steps into financial trading. Syganica Regulation Guaranteed Funds Segregated Accounts Negative…