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How to open accounts on VI Markets?
JamesFx
Latvia
2026-07-17
ANSWER Dear Investor, We do not recommend trading with VI Markets, as we suspect it of cloning the regulatory information of a compliant trading platform. VI Markets claims to have multiple offices and to be regulated by local authorities in both the UK and the UAE. However, upon investigation, we found that all the regulatory information it lists actually belongs to another platform, Axi. Furthermore, the operating websites registered with the regulatory authorities are exclusively associated with Axi, with no mention of VI Markets. Therefore, it is highly likely that VI Markets has merely cloned the regulatory credentials of another platform to masquerade as a legitimate entity. In reality, it has no regulatory oversight and may be engaged in fraudulent activities. We strongly advise you to avoid any transactions with this suspicious platform and protect your personal information.
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Is GKM Global Tech open to individuals?
Aditya Waghela
Gambia
2026-07-17
ANSWER Dear Investor, We do not recommend engaging in transactions with GKM Global Tech (GKMTECH) due to a lack of valid regulatory credentials. The broker has not provided any regulatory information, merely offering an address in Montenegro. Consequently, we searched the list of licensed entities in the Capital Market Authority of Montenegro (SCMN) and found no records related to GKM Global Tech. This indicates that GKM Global Tech is not authorized by any authoritative regulatory body to conduct forex or derivative trading activities in Montenegro, let alone by any other international regulators. Trading with such an unregulated broker poses severe threats to both your funds and personal information. We strongly advise you to avoid any dealings with GKM Global Tech to protect your financial security.
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What do you think, do you recommend FXIFinancials?
Thalia Malviya
Ghana
2026-07-17
ANSWER Dear Investor, FXIFinancials is not a reliable broker due to a lack of valid regulatory credentials. The platform does not mention any regulatory information or display any licenses on its website, merely claiming to be incorporated in Saint Lucia. Upon verification, we confirmed that FXIFinancials LTD. is indeed registered with the Saint Lucia International Financial Centre (IFC). However, please be aware that this only grants the entity International Business Company (IBC) status, which does not equate to holding a valid financial license. The IFC has publicly stated that it has no authority to regulate or license forex trading activities. Consequently, FXIFinancials is effectively unregulated. Investing with such a broker means your funds are entirely unprotected, exposing you to significant financial risks. We strongly advise you to avoid trading with this type of unregulated entity to safeguard your assets.
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Does Bornemx Market have more info?
Aigul Garcia
Philippines
2026-07-17
ANSWER Dear Investor, Bornemx Market is highly likely to be a fraudulent trading platform. The broker claims to be backed by multiple regulatory licenses, specifically asserting that Tickmill Ltd is regulated by the Seychelles Financial Services Authority (FSA), Tickmill UK Ltd by the Financial Conduct Authority (FCA), Tickmill Europe Ltd by the Cyprus Securities and Exchange Commission(CySEC), and Tickmill South Africa (Pty) Ltd by the Financial Services Conduct Authority (FSCA). Upon investigation, while these regulatory licenses do indeed exist, the registered websites associated with them belong exclusively to the genuine Tickmill platforms. There is absolutely no evidence linking Bornemx Market to Tickmill. It is highly probable that Bornemx Market has cloned the licensing information of a compliant broker to mislead investors into believing it is a legitimate, regulated entity. Furthermore, the FCA has added Bornemx Market to its warning list twice, explicitly stating that it may be providing or promoting financial services or products without permission in the UK. Given these findings, Bornemx Market clearly exhibits the characteristics of a scam platform. We strongly advise you to avoid any financial dealings or transactions with this suspicious entity to protect your assets.
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What are the commission rates for different account types at Blaze Markets?
Preeti Ioannou
Ghana
2026-07-16
ANSWER Dear Investor, We do not recommend choosing Blaze Markets as your broker. Regarding its regulatory information, Blaze Markets provides details of the MWALI International Services Authority (MISA) and the Financial Services Authority (FSA) of Saint Vincent and the Grenadines. Firstly, upon searching the MISA registry, we found that the company's license has been suspended. Secondly, although we can locate Blaze Market Ltd. in the SVG FSA system, please note that this registration merely grants it International Business Company (IBC) status, which does not constitute a valid financial license. Furthermore, the SVG FSA has publicly stated that it neither regulates nor licenses forex trading activities. Therefore, Blaze Markets currently does not hold any valid licenses and lacks compliant regulatory oversight. We strongly advise you to avoid trading with such a broker to protect your financial security.
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Is ABBInvest a reliable broker to trade with? What are their main pros?
Uli Zaldo
Italy
2026-07-16
ANSWER Dear Investor, ABBInvest is not a reliable trading platform due to a lack of valid regulation. The broker claims to be based in Azerbaijan, offering CFD and forex trading services, and asserts that it holds a qualification certificate issued by the Central Bank of Azerbaijan (CBAR). However, upon searching the CBAR system, we found no records of any entity related to this broker. Furthermore, we must remind you that the CBAR does not issue licenses to retail forex brokers. Therefore, no localized retail brokers are licensed by the CBAR. Brokers conducting such activities in Azerbaijan are required to hold licenses from internationally recognized regulatory authorities. Evidently, ABBInvest essentially lacks any substantive regulatory oversight and is considered a high-risk platform. We strongly advise you to avoid engaging in any transactions with this broker to prevent potential financial losses.
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Please check Golden Bar Trading.
David Yanti
Ethiopia
2026-07-16
ANSWER Dear Investor, Golden Bar Trading has not provided any regulatory information, merely claiming that its company, Golden Bar Trading Ltd, is incorporated and registered in Saint Lucia. Upon investigation, we confirmed that Golden Bar Trading Ltd is indeed listed in the Saint Lucia International Financial Centre (IFC) registry. However, we must remind you that this registration only signifies an International Business Company (IBC) incorporation and does not mean the company holds any valid financial licenses. The Saint Lucia IFC has publicly stated that it does not have the authority to regulate forex or CFD trading activities. In reality, Golden Bar Trading has not obtained any regulatory authorization and has no right to conduct derivative trading. Therefore, we strongly advise you to avoid investing or trading with this broker to prevent severe financial losses.
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Whats leverage does Global Apex Markets offer?
Azreeza Kadis
Gabon
2026-07-16
ANSWER Dear Investor, We do not recommend trading on the Global Apex Markets platform due to a lack of valid regulatory credentials. Global Apex Markets claims to be operated by Global Apex Markets Ltd. but has not provided any regulatory information, merely stating that it is registered in Saint Lucia. However, upon searching the Saint Lucia International Financial Centre (IFC), we found no results related to Global Apex Markets Ltd. Furthermore, even if such a registration existed, it would only signify an International Business Company (IBC) incorporation. The IFC is strictly a corporate registry and does not hold the authority to regulate, license, or oversee forex trading activities. In reality, Global Apex Markets is entirely unregulated and poses a high risk of fraud. For the safety of your funds, we strongly advise you to avoid any transactions or dealings with this platform.
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Risk Warning

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.