Blacklist of Scam Brokers
At MarketsFeedback, we are dedicated to providing accurate and up-to-date information about scam brokers. Our blacklist is regularly updated to ensure you have the latest insights, enabling you to make informed decisions when selecting a broker.
Choosing the right broker is crucial for achieving financial success. Unfortunately, the financial market is rife with unscrupulous individuals and companies looking to exploit unsuspecting investors. To protect you from potential pitfalls, we have compiled a blacklist of scam brokers that you should be aware of:
Below are some of the top brokers we recommend for safe investing:
- www.swingsacademy.com
- Unregulated investment company
- CNMV warned against SwingsAcademy.com
- Charge commissions & and fees
- No profit withdrawal
- Not A Real Live Trading Platform
- Minimum Deposit: $250
- Mobile App : No
- Unregulated investment company
- Claim on it's website to have a UK office But the FCA specifically warns that it's not authorized
- No profit withdrawal
- Pro FX Trading does not provide credentials to log into its own trading server.
- Pro FX Trading is based in St. Vincent and the Grenadines
- Not A Real Live Trading Platform
- Minimum Deposit: $250
- Mobile App : No
- www.saxofx-24.com
- Unregulated investment company
- No guaranteed funds nor segregated accounts
- Recently warned by the FCA as an unauthorized broker
- No profit withdrawal
- Not A Real Live Trading Platform
- Minimum Deposit: $250
- Mobile App : No
Navigating the Financial World with MarketsFeedback
Whether you’re an experienced investor or just starting your journey, MarketsFeedback is here to guide you through the complexities of the financial landscape. We believe that everyone should have the opportunity to achieve financial success, and we’re dedicated to helping you reach your goals.
Stay safe and informed by utilizing our BLACKLIST to avoid scam brokers in the financial market. Our team of experts conducts thorough research and analysis of numerous brokers, identifying those with a history of unethical behavior, fraudulent practices, and scams. By steering clear of these brokers, you can safeguard your hard-earned money and prevent costly mistakes.
Frequently Asked Questions (FAQs) About MarketsFeedback’s BLACKLIST
What is a BLACKLIST of scam brokers?
A BLACKLIST is a compilation of brokers that have demonstrated unethical behavior, engaged in fraudulent practices, or been involved in scams. Avoiding these brokers helps protect your hard-earned money and minimizes the risk of costly errors.
Why do I need to use a BLACKLIST?
The financial market is unfortunately populated with unscrupulous individuals and companies seeking to exploit unsuspecting investors. Utilizing a BLACKLIST can help you steer clear of these scams and safeguard your investments.
How does MarketsFeedback create its BLACKLIST?
Our team of experts meticulously researches and analyzes a variety of brokers, identifying those with a track record of unethical conduct or fraudulent activities. We use multiple sources, including regulatory agencies, industry publications, and customer feedback, to compile our BLACKLIST.
How often is the BLACKLIST updated?
We regularly update our BLACKLIST to ensure you have access to the most current information, empowering you to make informed decisions when selecting a broker.
Can I trust the brokers not on the BLACKLIST?
While our BLACKLIST is not an exhaustive list of all brokers, the ones included have a documented history of unethical practices. We recommend exercising caution and conducting your own research and due diligence before choosing any broker.
How do I report a scam broker to MarketsFeedback?
If you’ve encountered a broker with whom you’ve had a negative experience and believe should be added to our BLACKLIST, please contact us through our website. We will investigate the matter and consider adding the broker to our BLACKLIST if we find sufficient evidence of unethical behavior or fraudulent practices.
