Mar 31- Apr 4, 2025 Q&A Weekly Review - What's Asked This Week?

BrokersView provides a weekly update called "Q&A Weekly Review" that keeps traders informed about the latest regulatory status and trading details of brokers mentioned by our users.

The update covers the period from 31 March 2025 to 4 April 2025 and categorizes the brokers into two groups: scammers and regulated ones. This helps traders know if a broker is subject to the necessary rules and principles. The review also summarizes the most concerning issues related to brokers based on questions asked by our users.

Brokers Asked This Week

Scam Brokers You Should Avoid

● Stellar Hub - a fraudulent trading platform falsely claming to be multi-licensed; Warned by the FINMA;
● PRECISIONFX - a scammer using a falsified certificate to defraud investors; Warned by the FCA;
● EDGE OPTIMATE FIRM - a suspicious trading platform red-flagged by the FCA;
● Option Bull Market - a dubious online investment website uncovered by the FCA;
● Solaris Wealth - an unauthorized financial entity exposed by the FCA;
● ETHBTC - a non-regulated trading platform presenting substantial risks;
● Finex Capital24 - an illegitimate trading platform having a warning from the FCA;
● OPTIMUM INVEST LTD - an unreliable investment website absent from the register of the FCA;
● Extream Traders - an untrustworthy trading platform flagged by the FCA;
● Oreventure - a scam platform warned by the FCA;
● Portfale Genius - an illicit trading platform discovered by the FCA;
● Wealth Connect - an FCA-warned trading platform potentially implicated in fraud schemes;
● Digits creator - an unsupervised trading platform on the warning list of the FCA;
● VertexDS - an unlicensed trading platform warned by the FCA;
● ARGOFINANCE - a risky online platform having been warned by the FCA;
● MF Treasury - an unreliable trading platform red-flagged by the FCA;
● Top First Group - an unauthorized brokerage firm allegedly registered in Australia;
● BITBinvest - an allgedly Switzerland-domiciled firm warned by the FINMA for being absent from the commercial register;
● ANCETD - an illegitimate financial firm warned by the FINMA;
● MEGA PROFX TRADING - a con artist misleading investors using false regulatory claims; Warned by the FCA;
● XTBFX - an anonymous financial firm that investors should stay clear;
● BULL TRADE CLUB - a fraud investment site blacklisted by the CNMV;
● PRIME DIGISTAL ASSETS - a fake trading platform using a website template as online presence; Warned by the CNMV;
● SignalPlus24 - an unscrupulous trading platform warned by its local authority—FINMA for not being commercially registered;
● LUMINATOX - a shady trading platform that has shut down its website;
● FX Cartage - an allegedly offshore trading platform not supervised by financial regulators;
● TradeMarkets - an unverified trading platform exposed by the FINMA.

Other Asked Brokers

In addition to the brokers above, Plus500 and Z Forex were also mentioned by users. 

Regulated brokers does not 100% protection for your investment. The fluctent financial market is full of risks. Investors must stay vigilant and beware of any posibility of losing.

If you’re unsure whether a license is valid or if the issuing authority has legal oversight, don’t hesitate to visit our website. We currently have over 5,000 broker reviews available for you to browse through. You can access all of the reviews here.

Questions of The Week

Apart from the commonly asked question - "whether a broker is licensed/safe or not," we have noticed that our users are particularly interested in "trading instruments", "trading fees" and "withdrawal issues".

Conclusion

If you are considering investing in forex trading but are uncertain about a broker's qualifications, or if you simply want to gather more information about forex brokers, please feel free to "Ask A Question" in our Q&A section.