Fraudulent brokers are any illegitimate entities used to deceive traders into fraud or malicious attacks. Scammers work in a wide variety of ways, from claiming false strict regulation, and fast and convenient withdrawal to other deceptive formats to give the impression of legitimacy. The end goal is almost always the same - scam your money.
Understanding exactly who are illegal and unregulated brokers and how to avoid dealing with them is an essential part of protecting your money. Therefore, BrokersView sets up "Scam" to facilitate public understanding of unlicensed brokers.
After our exposure, fraudulent forex brokers have accelerated to closing their websites. Recently, we found that 15 unlicensed brokers are inaccessible to investors now. Here is the list:
Website: https://www.excellentfxtrading.com/
Website: https://cfdmerchants.com/
3. DAKS
Website: https://mm6237.daksc.com/
4. Poia
Website: https://poias.co
Website: https://investingdream.com/
6. LeumInvest
Website: https://leuminvest.com/#
7. WBI invest
Website: https://www.wbiinvestltd.io/
8. ZOEBROKER
Website: https://www.zoebroker.com/
9. HaveTrade
Website: https://www.havetrade.com/
10. Baron Prime
Website: https://www.baronprime.com/
11. Hendry fx
Website: https://www.hendry-fx.com/
12. TERRAIN CAPITAL MARKETS LIMITED
Website: https://www.tercmarkets.com/en/
13. Ace FX
Website: https://fxace.com/
14. ANYFX
Website: https://www.anyfx.in/
15. Willyckoff Fx
Website: https://www.fxwillyckoff.com/
Click on the link to see why they are identified as scams.
If you have ever met an unregulated forex broker, you can contact Service@BrokersView.com and share your story with every trader.