Sep 16-20, 2024 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 16 September 2024 to 20 September 2024 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 in This Week

Scam Brokers You Should Avoid

● AXISCAPITALMARKET - a fake broker flagged by the FCA;
● CORTIS FX - a suspicious broker lacking transparency and licensing details;
● Top First Group - a supposedly Australia-registered company, not licensed to be a forex broker;
● OBO Holding Limited - an unlicensed brokerage firm presenting substantial risks;
● ZIRCONFX - an unauthorized firm flagged by the FCA;
● Fargo Consulting - a dubious broker unlicensed to operate as a broker;
● Pride Wealth - an offshore entity providing fx trading services illegally;
● Aurotrade24 - an unregulated online trading platform;
● Shares Holding - a ghost broker misleading investors with false regulatory information;
● Capitallabs Ltd - an illicit company warned by the FCA;
● GoldMaxis - an unverified trading platform carrying a warning from the BCSC;
● BTKAID - an unregulated online investment site warned by the FCA.

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.

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.