Unregulated Broker Watchlist (Apr 13–Apr 19): 44 Platforms Flagged, FCA Leads Warnings

During the week of April 13–19, A total of 44 unregulated or regulator‑warned brokers were identified this week by Brokersview.

Among them, 21 firms received formal warnings from financial regulators, with the UK’s FCA issuing the most (12 alerts). The remaining 23 brokers are operating without any known regulatory license, though not yet publicly warned.

Unlicensed brokers reported by BrokersView between April 13 – April 19, 2026：

Regulatory Warnings by Authority

FCA (UK) – 12 warnings (most active this week)

CySEC (Cyprus) – 4 warnings

AMF (France) – 2 warnings

CONSOB (Italy) – 1 warning

AFM (Netherlands) – 1 warning

BCSC (Canada) – 1 warning

ASIC (Australia) – 1 warning

Nearly half (48%) of flagged brokers have already drawn regulatory warnings.

Fully Unregulated Brokers Still Widespread, A total of 23 brokers showed no valid regulatory oversight, including:

CrownBridge Markets, Cosmo Markets, Aston Forex, Aksys Ltd, ZAD Global Securities, Damarkets, FXWB Prime, TG Markets, Erad Markets, BLX Markets, Stonefort, Gilmore Capital, ProDivia Group, SmartyTrade, Zephora Trade, Mexsus Limited, Tradeven, Bravora Expert, Market Access Limited, Geminifin, ZQFX, ENSUE Global Markets, Enso Markets.

BrokersView Reminds You

This week’s list underscores a persistent issue: lack of regulation remains the biggest red flag in broker selection. Investors are strongly advised to verify licenses and avoid platforms promising unrealistic returns or operating without oversight.

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.