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Forex Broker Scams Top10、Top20、Top30、Top40、Top50
Top Forex Broker Scams
Frequent Complaint
Eightcap
15-20 years
Regulated in Australia
Market Making License (MM)
MT4 Full License
Global Business
Vanuatu Forex Trading License (EP) Revoked
High Potential Risk
Offshore Regulation
TOP1
Frequent Complaint
pepperstone
10-15 years
Regulated in Australia
Market Making License (MM)
MT4 Full License
Global Business
High Potential Risk
Offshore Regulation
TOP2
Frequent Complaint
JustMarkets
5-10 years
Regulated in Cyprus
Derivatives Trading License (STP)
MT4 Full License
Global Business
High Potential Risk
Offshore Regulation
TOP3
Frequent Complaint
octa
5-10 years
Regulated in Cyprus
Market Making License (MM)
MT4 Full License
Global Business
High Potential Risk
TOP4
Not Regulated
RoboForex
10-15 years
Questionable Regulatory License
White label MT4
Global Business
Belarus Forex Trading License (EP) Revoked
High Potential Risk
TOP5
Not Regulated
PocketOption
5-10 years
Questionable Regulatory License
Self-developed
Global Business
High Potential Risk
TOP6
Frequent Complaint
iq option
10-15 years
Regulated in Cyprus
Market Making License (MM)
Self-developed
Global Business
High Potential Risk
TOP7
Regulated
akcenta
5-10 years
Regulated in Czech Republic
Market Making License (MM)
Self-developed
Suspicious Operational Region
TOP8
Frequent Complaint
Upway
5-10 years
Regulated in Hong Kong
Precious Metals Trading (AGN)
MT5 Full License
High Potential Risk
TOP9
Frequent Complaint
FBS
5-10 years
Regulated in Australia
Market Making License (MM)
MT4 Full License
Global Business
High Potential Risk
TOP10
Unverified
GKInvest
5-10 years
Questionable Regulatory License
High Potential Risk
TOP11
Unverified
XTrend Speed
5-10 years
Questionable Regulatory License
Self-developed
High Potential Risk
TOP12
Offshore Regulation
zenstox
2-5 years
Regulated in Seychelles
Derivatives Trading License (EP)
High Potential Risk
Offshore Regulation
TOP13
Not Regulated
SECURETRADE
5-10 years
Questionable Regulatory License
Suspicious Operational Region
High Potential Risk
TOP14
Regulated
eplanet
2-5 years
Regulated in South Africa
Derivatives Trading License (EP)
White label MT5
High Potential Risk
Offshore Regulation
TOP15
Frequent Complaint
MultiBank Group
10-15 years
Regulated in Australia
Market Making License (MM)
MT4 Full License
Regional Brokers
High Potential Risk
Offshore Regulation
TOP16
Frequent Complaint
Warren Bowie & Smith
2-5 years
Questionable Regulatory License
High Potential Risk
TOP17
Not Regulated
HK Fortune
5-10 years
Questionable Regulatory License
Suspicious Operational Region
High Potential Risk
TOP18
Regulated
LiteForex
15-20 years
Regulated in Cyprus
Forex Execution License (STP)
MT4 Full License
Global Business
High Potential Risk
TOP19
Frequent Complaint
HEADWAY
2-5 years
Regulated in South Africa
Derivatives Trading License (EP)
MT4 Full License
Regional Brokers
High Potential Risk
TOP20
Not Regulated
CG FinTech
5-10 years
Questionable Regulatory License
MT4 Full License
Regional Brokers
High Potential Risk
TOP21
Scam Brokers
uTrade
Scam Brokers
5-10 years
Questionable Regulatory License
cTrader
Suspicious Operational Region
High Potential Risk
TOP22
Regulated
EZINVEST
10-15 years
Regulated in Cyprus
Market Making License (MM)
MT4 Full License
Regional Brokers
High Potential Risk
TOP23
Not Regulated
Winvest
5-10 years
Questionable Regulatory License
Suspicious Operational Region
High Potential Risk
TOP24
Not Regulated
Hankotrade
5-10 years
Questionable Regulatory License
High Potential Risk
TOP25
Offshore Regulation
FIBOGROUP
15-20 years
Regulated in The Virgin Islands
Market Making License (MM)
MT4 Full License
High Potential Risk
Offshore Regulation
TOP26
Regulated
Weltrade
20+ years
Regulated in South Africa
Derivatives Trading License (EP)
MT4 Full License
Global Business
Belarus Forex Trading License (EP) Revoked
High Potential Risk
TOP27
Not Regulated
GENESISFX
1-2 years
Questionable Regulatory License
High Potential Risk
TOP28
Not Regulated
BRIDGE MARKETS
2-5 years
Questionable Regulatory License
MT5 Full License
High Potential Risk
TOP29
Not Regulated
BotBro
2-5 years
Questionable Regulatory License
Suspicious Operational Region
High Potential Risk
TOP30
Frequent Complaint
Alpari
10-15 years
Regulated in Belarus
Forex Trading License (EP)
Self-developed
Regional Brokers
High Potential Risk
TOP31
Not Regulated
OtetMarkets
2-5 years
Questionable Regulatory License
MT5 Full License
High Potential Risk
TOP32
Regulated
VSTAR
2-5 years
Regulated in Australia
Inst Forex Execution (STP)
MT5 Full License
High Potential Risk
TOP33
Regulated
TenX Prime
5-10 years
Regulated in South Africa
Derivatives Trading License (EP)
Suspicious Operational Region
High Potential Risk
TOP34
Offshore Regulation
suxxessfx
1-2 years
Regulated in Seychelles
Derivatives Trading License (EP)
High Potential Risk
Offshore Regulation
TOP35
Offshore Regulation
dbinvesting
5-10 years
Regulated in Seychelles
Derivatives Trading License (EP)
White label MT5
Global Business
High Potential Risk
Offshore Regulation
TOP36
Not Regulated
Fintrix Markets
2-5 years
Questionable Regulatory License
MT4 Full License
Global Business
High Potential Risk
TOP37
Not Regulated
BX Trade
2-5 years
Questionable Regulatory License
Suspicious Operational Region
High Potential Risk
TOP38
Unverified
Pocket Broker
1-2 years
Questionable Regulatory License
High Potential Risk
TOP39
Regulated
BLACKWELL GLOBAL
10-15 years
Regulated in Cambodia
Derivatives Trading License (EP)
MT4 Full License
Global Business
High Potential Risk
Offshore Regulation
TOP40
Regulated
Monaxa
2-5 years
Regulated in South Africa
Derivatives Trading License (EP)
MT4 Full License
High Potential Risk
TOP41
Not Regulated
Switch Markets
5-10 years
Questionable Regulatory License
MT5 Full License
High Potential Risk
TOP42
Unverified
Sway Markets
2-5 years
Questionable Regulatory License
Self-developed
Suspicious Operational Region
High Potential Risk
TOP43
Unverified
FXDD
5-10 years
Questionable Regulatory License
High Potential Risk
TOP44
Not Regulated
FORTUNO MARKETS
2-5 years
Questionable Regulatory License
High Potential Risk
TOP45
Not Regulated
Quotex
5-10 years
Questionable Regulatory License
Suspicious Operational Region
High Potential Risk
TOP46
Not Regulated
Global Next Trade
5-10 years
Questionable Regulatory License
MT5 Full License
Regional Brokers
High Potential Risk
TOP47
Frequent Complaint
NCE
5-10 years
Regulated in Seychelles
Derivatives Trading License (EP)
MT5 Full License
Global Business
High Potential Risk
Offshore Regulation
TOP48
Not Regulated
GatesFX
2-5 years
Questionable Regulatory License
MT5 Full License
High Potential Risk
TOP49
Regulated
RaiseFX
2-5 years
Regulated in South Africa
Derivatives Trading License (EP)
MT5 Full License
High Potential Risk
TOP50