Black Platform Weekly Exposure(Apr 20–Apr 26): 28 Brokers Warned or Confirmed Unregulated

In its latest weekly investigation, BrokerView has flagged a total of 28 suspicious trading platforms, with multiple regulators issuing warnings against unauthorized and potentially fraudulent brokers. 

Unlicensed brokers reported by BrokersView between April 20 – April 26, 2026：

Among the most prominent actions, In the UK, the Financial Conduct Authority (FCA) has issued warnings against multiple platforms, including Open Trades, Witzeltrading Market, Prime Lattice, Margin Forex, Market Flow, Globus Trade X, Stocklectic Investment, Tenet Option, Shamrock Finance, Hashbit Capitals, Lumenvest Assets, QuantumTradesNet, and Opula Markets. These entities were found to be operating without authorization, targeting investors with misleading claims and unverified credentials.

Meanwhile, FOREXstock has been flagged by Japan’s Financial Services Agency (FSA), reinforcing concerns about cross-border scams exploiting regulatory gaps.

In addition,  the Australian Securities and Investments Commission (ASIC) issued alerts against KensingtonGrant, Perficient Wealth, and a clone entity impersonating the legitimate brand Fortune Prime Global (FPG). Clone scams like this are especially dangerous, as they exploit the reputation of regulated firms to deceive investors.

A significant portion of the list—including Book Trade FX, GG Team, Ailenroc, Aixauea, Yubit Market, KTL Markets, Yurro Capital, Foreaxa, Trade Marshals, Revomarketrading, and Panther Capitals—remain completely unregulated, posing even higher risks due to the absence of oversight.

BrokersView Reminds You

If a platform is not regulated—or worse, appears on warning lists—your funds are at serious risk. In today’s digital trading environment, due diligence is not optional—it is essential.

If you encounter suspicious or fraudulent brokers in financial markets, submit complaints via BrokersView to protect investor rights and prevent more people from falling victim to fraud.

If you have questions about a broker, you may ask BrokersView. Our team will provide detailed answers free of charge.

Disclaimer: This list is based on publicly available regulatory warnings and internal verification. It does not constitute legal advice or a final determination of any entity’s status.