Weekly Blacklist: 19 Unlicensed and High-Risk Brokers Flagged (July 13–19, 2026)

Financial regulators continued their crackdown on unauthorized investment firms during the week of July 13–19, 2026, issuing new warnings against multiple brokers suspected of operating without proper authorization or engaging in potentially fraudulent activities.

Last week, 19 brokers were identified as unlicensed or subject to regulatory warnings from authorities including the UK Financial Conduct Authority (FCA), Germany's BaFin, Italy's CONSOB, and Switzerland's FINMA.

Below is the full list of brokers:

Warned by the FCA (UK) – 8 brokers

TridentFX, Axis Advisory Trade, BlockassetsBridge, Cryptex Markets, Mercer Advisor Management, CoinFinity, Staple Markets, and Bornemx Market.

The UK Financial Conduct Authority (FCA) has warned that these firms are not authorised to provide financial services in the UK, and may be running investment scams.

Warned by BaFin (Germany) – 4 brokers

Konvexium, Nordvet, Tcinos Group, Primepocket Trades. 

Germany’s Federal Financial Supervisory Authority (BaFin) has cautioned that these firms are offering financial services without the required licence. Investors should avoid any dealings with them.

Warned by CONSOB (Italy) – 3 brokers

Trilessyum, Gold Grain Capital, Future Investment.

Italy’s securities regulator CONSOB has ordered these websites to be blocked, as they are offering trading services without proper authorisation.

Warned by FINMA (Switzerland) – 1 broker

Vault Capital Growth.

The Swiss Financial Market Supervisory Authority (FINMA) has issued a public warning against this entity, which appears to be operating without a licence.

Unregulated / No Valid License – 3 brokers

Quantara Markets, Global Apex Markets, Golden Bar Trading

These platforms are not listed under any known regulatory authority and are considered high‑risk. Investors are strongly advised to avoid depositing funds with them.

BrokersView Reminds You

As online investment scams continue to evolve, staying informed about regulatory alerts remains one of the most effective ways to protect your capital. Regularly reviewing weekly blacklist updates can help investors identify potentially fraudulent platforms before becoming victims.

BrokersView continue to warn investors about unauthorized brokers using fake licenses, misleading claims, or high-return promises to attract clients.

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

Disclaimer: This weekly exposure list is for informational and warning purposes only. It does not constitute legal or financial advice. Always conduct your own due diligence before investing.