FosterBoon

If you’ve been contacted by a trader that is offering to sell you a trading system, trading signals, or any other paid service, this should raise a big warning flag. If you want to verify that they are who they say they are, visit their official website (or their company’s site) and ask them to email you from a matching domain. My general recommendation is to avoid dealing with these characters altogether.

What are the most trustworthy brokers?

The most trustworthy forex brokers hold multiple licenses from top-tier regulatory agencies in reputable jurisdictions all over the world. To help everyday forex traders determine whether they can trust their forex broker, we created the Trust Score rating system. Driven by independently collected data, a broker’s Trust Score rating is determined by a number of factors, such as the quality and quantity of held licenses, years of operation, number of banking licenses, corporate structure, and other data-driven variables.

Online scams are prevalent among illegitimate shops and merchants on the internet today. It is laden with untrustworthy transactions that seek to victimize those who are vulnerable. While we guard ourselves against these dangerous tradings, there are times when they cannot be prevented.

For instance, there are a lot of online markets and traders that can easily fool people by posing as a legitimate authority. They can be so real that not a lot of people can spot their real motives. Falling victim into this kind of scam can be really frustrating and painful, not just in our credits but also in our integrity as a buyer or a trader. While we think that all hope is lost, it’s not quite over. Contacting the right authorities can save you.

Do any regulators have a forex broker blacklist?

Yes, nearly every modern financial markets regulator has issued warnings to the public about unlicensed forex brokers. That said, the kinds of available lists may vary by jurisdiction. For example, France’s regulatory body, the Autorité des marchés financiers (AMF), has put out repeated warnings to investors about potential scam forex brokers as well as a blacklisted ones like,
  • DOEX

  • Tradeview Ltd

  • Bitcoin 365

  • Futuresmetapipe

  • Maxcopytrade

  • AgioFX Ltd

  • Axex Coin

  • Tradesignia

  • OctoTrad

  • Capital Vision FX Investment

  • Billner Group

  • Ethereumhub

  • Corporatefinancefx

  • TLC Investments

  • Coinsdrom

  • Cryptastellarx

  • Mastertradingfx

  • Coinfield

  • Optiontrading

  • Venus4t

Leave a Reply

Your email address will not be published. Required fields are marked *