Forex Scam Brokers Alert
DANGER: These brokers have been reported for fraudulent activities, withdrawal problems, and regulatory violations. Protect your funds and avoid these platforms at all costs.
Before You Trade - Check This List
Always verify a broker's regulatory status before depositing funds. If a broker appears on this list, DO NOT invest with them under any circumstances.
Warning Signs of Forex Scams
No Regulation
Operating without proper regulatory licenses
Withdrawal Issues
Refusing or delaying withdrawal requests
Aggressive Sales
High-pressure tactics and cold calling
Unrealistic Promises
Guaranteed profits and risk-free trading
Known Scam Brokers - DO NOT USE
The following brokers have been reported for fraudulent activities. If you've been scammed by any of these brokers, please report it to your local financial authorities.
Ester Holdings
Ester Holdings has been reported for withdrawal problems and manipulative trading practices. Multiple complaints about fund recovery issues.
Warning Signs
- No proper regulation
- Withdrawal problems reported
- Manipulated trading results
Sturdy FX
Sturdy FX has been blacklisted for using high-pressure sales tactics and refusing withdrawal requests from clients.
Warning Signs
- Unregulated entity
- High-pressure sales tactics
- Withdrawal refusals
Atlas Finance
Atlas Finance has been reported for fraudulent activities and identity theft concerns. Avoid at all costs.
Warning Signs
- Fraudulent activities reported
- Identity theft concerns
- No regulatory oversight
Start Capital
Start Capital operates without proper regulation and has numerous complaints about withdrawal delays and account manipulation.
Warning Signs
- No regulatory license
- Account manipulation
- Withdrawal delays
CaprionGroup
CaprionGroup has been flagged for running a fraudulent operation with fake regulatory claims and withdrawal problems.
Warning Signs
- Fake regulatory claims
- Fraudulent operation
- Withdrawal problems
FinvestAI
FinvestAI promotes fake AI trading systems and has been reported for significant client losses and withdrawal issues.
Warning Signs
- Fake AI trading claims
- Significant client losses
- Withdrawal issues
Trade Six Pro
Trade Six Pro operates illegally without regulation and has numerous reports of fund theft and account closure without notice.
Warning Signs
- Illegal operation
- Fund theft reports
- Account closure without notice
HighApexPlanning
HighApexPlanning has been exposed as a Ponzi scheme with fake investment returns and withdrawal restrictions.
Warning Signs
- Ponzi scheme operation
- Fake investment returns
- Withdrawal restrictions
FXMarkets Trade
FXMarkets Trade has been blacklisted for operating without proper licenses and refusing client withdrawal requests.
Warning Signs
- Operating without licenses
- Withdrawal refusals
- Poor platform stability
BinCryptex (aka BinCrypt24)
BinCryptex operates under multiple names and has been reported for cryptocurrency trading fraud and fund disappearance.
Warning Signs
- Multiple fake identities
- Cryptocurrency fraud
- Fund disappearance
Succedo Markets
Succedo Markets has been flagged for using cloned regulatory information and operating fraudulent trading schemes.
Warning Signs
- Cloned regulatory information
- Fraudulent trading schemes
- Account manipulation
Simplified Fx
Simplified Fx has been reported for running an unregulated operation with significant withdrawal problems and client complaints.
Warning Signs
- Unregulated operation
- Withdrawal problems
- Client complaints
Vortex FX
Vortex FX operates without proper authorization and has multiple reports of fund theft and account manipulation.
Warning Signs
- No proper authorization
- Fund theft reports
- Account manipulation
Startradefx
Startradefx has been blacklisted for fraudulent activities and operating without any regulatory oversight.
Warning Signs
- Blacklisted operation
- Fraudulent activities
- No regulatory oversight
One Step Fx
One Step Fx has been exposed for running illegal trading operations with fake regulatory claims and withdrawal refusals.
Warning Signs
- Illegal trading operations
- Fake regulatory claims
- Withdrawal refusals
Been Scammed? Here's What to Do
If you've lost money to a forex scam, don't give up. Take these immediate steps to protect yourself and potentially recover your funds.
1. Stop All Communication
Cut off all contact with the scam broker immediately
2. Report to Authorities
File complaints with financial regulators and police
3. Seek Legal Help
Contact a lawyer specializing in financial fraud