
BrokersView has released a new investigative report revealing that 32 suspected fraudulent trading platforms were exposed over the course of one week, from February 2 to February 8, 2026. According to the findings, none of the platforms identified hold authorization from any recognized financial regulator, classifying them as unlicensed operators that may be in violation of financial services laws across multiple jurisdictions.
The report shows that these platforms share strikingly similar operating patterns. Many deliberately conceal their regulatory status, refuse to disclose where or how client funds are held, and rely on misleading marketing tactics to lure unsuspecting investors. By operating outside regulatory frameworks, these brokers attempt to evade oversight while carrying out potentially fraudulent activities.
Notably, several brokers on the list — including TrustHedgeMarket, Capital Altrion Ltd, and Promorion Group — have already been the subject of official warnings from major regulators such as the UK Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), and Switzerland’s FINMA. These authorities have explicitly stated that the entities named are not authorized or regulated under their jurisdictions, providing investors with clear and serious risk signals.
Unlicensed brokers reported by BrokersView between February 2-8, 2026:

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