Mar 10-14, 2025 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 10 March 2025 to 14 March 2025 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 This Week

Scam Brokers You Should Avoid

● Black Stone Capital - a shady broker using fake registration information to defraud investors; Warned by the FINMA;

● Pensions AI - an unknown financial firm warned by the BCSC;

● Fintxpert - a fraudulent trading platform warned by the CNMV;

● Stanford Markets - a scam broker warned by the BCSC;

● Felix Markets - a dishonest financial website lying about its regulatory status; Warned by the FCA;

● WEALTHWAVE TRADING - a suspicious investment firm warned by the FCA;

● PellerTrading - an unregistered financial firm red-flagged by the FINMA;

● CAPITALEGAIN - a dubious investment site carrying a warning from the FCA;

● AlphaFxMarket - an anonymous firm operating without authorization;

● PixoInvest - a dubious investment website red-flagged by the CNMV;

● Invest Precision - an unlicensed investment platform warned by both the FINMA and the FCA;

● VortexGI - a malicious trading platform warned by BaFin and FCA;

● AMCHUNKS - an illegitimate entity red-flagged by the FCA and the CNMV;

● TADAWULNOW - an unauthorized financial firm warned by the FCA;

● FxProfit Expert - an unregistered financial firm, flagged by the FCA for the lack of permission;

● Quotex - a known scam platform warned by various financial regulators;

● IPO Capital - an investment website that has emerged recently, soliciting investors in BC without the BCSC's permission;

● Edelraum - an unauthorized financial firm warned by the BaFin;

● Vannit Bit - a non-supervised trading platform having a warning from the FCA;

● Prestige Peak - an unreliable trading platform falsely claiming to be regulated in the UK; Flagged by the FCA;

● Fivoro - a scam firm warned by various financial regulators;

● Invest FX Global Ltd - a non-regulated trading platform blacklisted by the CNMV;

● MoneraCap - an unregistered financial firm warned by the CNMV;

● Citex Trading System - a financial firm that claims to be registered in the UK, but was warned by the FCA for the lack of licenses;

● FX273 - an illicit trading platform carrying a warning from the FCA;

● Swiss Capital Management - a shady investment platform that the FCA advises to stay clear of;

● GLOBALMARKETRADINGS - a dishonest trading platform not authorized to provide financial services; Warned by the FCA;

● Alpexoplus - an unverified trading platform flagged by the AMF as a suspicious entity in the forex market;

● Gryphon Capital - a forex trading platform on the AMF's warning list;

● Global Premier - an offshore CFD broker not having good credit;

● Coinwmarket - a bogus trading platform that defrauds money out of investors;

● Guru4Invest - an untrustworthy trading platform warned by the BaFin;

● Yuminex - a crook entity warned by the BaFin;

● ALPHA WEALTH - an unlicensed trading platform red-flagged by the FCA;

● Marketswind - a scammer platform flagged by the FCA.

This week, BrokersView received inquiries from traders seeking legitimacy verification for 35 fraudulent brokers. Among these, concerns regarding the reliability and potential fraudulent activities of AlphaFxMarket stood out. In addition to brokers falsely claiming regulatory compliance, many, including AlphaFxMarket, fail to substantiate their credibility or present regulatory licenses. These brokers provide no verifiable information about their corporate identity, instead relying heavily on exaggerated claims and unverified testimonials, which makes them potential scams.

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.