Weekly Blacklist Exposure Report (June 29 – July 5, 2026)

Over the past seven days, regulatory authorities across the globe have ramped up their scrutiny of unlicensed and fraudulent trading platforms. A total of 18 brokerage firms have been flagged — ranging from cloned entities and unregulated startups to firms with formal warning notices from top-tier watchdogs.

Below is the full list of platforms named and shamed last week:

United Kingdom – FCA (3 entities)

The Financial Conduct Authority has issued public warnings against Quanta North, Ellington Ltd, and WealthW Group. All three are suspected of offering financial services without proper authorisation and may be targeting UK retail investors via cold calls and social media campaigns.

Australia – ASIC (2 entities)

ASL and Gama Global Markets have been flagged by the Australian Securities and Investments Commission. Investors are advised that these firms are not licensed to deal in financial products in Australia.

Spain – CNMV (1 entity)

Trade Suite appears on the Spanish regulator’s warning list for operating without the required registration in the country.

UAE – CMA & DFSA (2 entities)

Clone 200Invest is a cloned entity mimicking a legitimate investment firm, warned by the Securities and Commodities Authority of the UAE.

ForTradeD IFC has been flagged by the Dubai Financial Services Authority for unauthorised financial promotions.

Italy – CONSOB (1 entity)

TibiPro has been ordered by Italy’s CONSOB to cease its unlawful promotion of trading services to Italian citizens.

Switzerland – FINMA (3 entities)

UBK Markets, NextGen Strategie AG, and NeoSwissTrade are all under FINMA’s spotlight. The Swiss regulator warns that these entities are not authorised and may be engaged in unauthorised asset management activities.

Greece – HCMC (3 entities)

The Hellenic Capital Market Commission has issued warnings against Altus FX, TradeVexa, and Viva Trade Funds, cautioning Greek investors against engaging with these unapproved firms.

Unregulated Entities (3 entities)

4 Pro Market, Verity Markets, and Complate Capital have been identified as entirely unregulated — operating with no credible licence from any major or minor financial authority. Trading with such firms carries near-total risk of fund loss and no legal recourse.

BrokersView Reminds You

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

Investors are advised to verify a broker’s regulatory status through official financial authorities before depositing funds. A lack of regulation means clients may have limited protection if disputes, withdrawal issues, or financial losses occur.

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.