Have you heard this name before? No , it’s time you do because staying unaware could cost you. This platform is currently active in the forex trading and has been linked to several suspicious activities. Even if you’ve never dealt with it directly, there’s a chance it could reach out to you through ads, calls, messages, or social media. That’s why it’s important to know the red flags in advance.
Contemplating forex investments in the EVM Prime platform? Think again! We empathize with those who have been bearing losses after losses with EVM Prime. We don't want you to be its next victim. Read this story that has investor complaints about EVM Prime.
If you missed this week's fraud brokers list and are finding it difficult to track them one by one — don’t worry! We’ve brought together all the scam brokers you need to avoid, all in one place. Check this list now to stay alert and protect yourself from fraudulent brokers.
BotBro, an AI-based trading platform, became popular in India in 2024—but for negative reasons. Its founder, Lavish Chaudhary, who gained a huge following by promoting it heavily on social media. Since then, he has become well-known, but for many controversies. Let’s know the latest update about Botbro & Lavish Chaudhary.
Sigma-One Capital, where forex scams happen almost every day, has grabbed everyone’s attention. Investors are crying for withdrawal denials, unethical approach of bringing in deposits, and a complete loss of invested capital. Explore this story where we have exposed Sigma-One Capital for their scamming acts.
GivTrade is an offshore regulated broker that was refistered in 2021 and is based in Mauritius. It enables you to trade a wide range of financial instruments through CFDs. It has its own mobile app and supports MetaTrader 5. It also has Classic accounts with no commissions and no fees for things other than trading.
APX Prime is a brokerage firm founded in 2021, registered in Saint Vincent and the Grenadines. It offers brokerage services with three types of trading accounts: Cents, Standard, and ECN. The platform provides access to forex, CFD and equity markets. APX Primeoperates on the MT4 trading platform, offering high leverage of up to 1:2000 and competitive spreads starting at 0.1 pips. A minimum deposit of $10 is required to open an account. The platform does not have regulatory oversight.
Excent Capital is a trading platform founded in 2021, registered in the United Kingdom. It is offshore regulated by The Seychelles Financial Services Authority. The platform offers access to a diverse range of market instruments, including forex, indices, ETFs, US stocks, and commodities. Excent Capital provides a proprietary trading platform. Traders can benefit from leverage of up to 1:150, with spreads starting at 1.1 pips (for EUR/USD). A demo account is available for practice trading, but details about the minimum deposit requirement are not provided.
Registered in the United Kingdom, Capitalcore is an unregulated service provider. It offers access to a diverse range of market instruments, including forex, binary options, cryptocurrencies, indices, and stocks. The platform provides a demo account for practice trading and supports high leverage of up to 1:2000. Trading is conducted through dedicated platforms for binary options and forex. However, details about spreads are not provided.
Discover how the forex trading spread impacts your profits, expert tactics to minimize spread losses, and how to identify hidden costs in forex trading.
Proprietary (prop) trading firms have become increasingly popular. They give traders the chance to trade with larger amounts of money without risking their own savings. For many, this sounds like the perfect opportunity to grow faster and earn more. But while the benefits are appealing, there are also risks and hidden rules that traders must understand before joining a prop firm.
When it comes to online trading, the broker you choose can make or break your trading journey. A reputable and regulated broker offers a sense of security and accountability, while unregulated brokers often pose significant risks to traders. Aron Markets is one such broker that raises multiple concerns due to its lack of valid regulation and its registration in a high-risk offshore location.
Many traders focus heavily on trading brokers but forget to research proprietary trading firms with the same care. This is a mistake. Just like unreliable brokers, there are many prop firms that overpromise and fail to deliver.
The FSMA has sounded the alarm on a “new wave of fraudulent trading platforms” that rely on pyramid schemes to sustain payouts. According to regulator observations, these schemes allow small withdrawals at first in order to build trust, then use excuses to block larger withdrawal attempts. Eventually, when recruitment of new participants falters, the platform vanishes with all funds, leaving victims empty‑handed.
Have you been encountering frequent forex losses? Finding it hard to gain the trading momentum? Can’t understand whether your current forex strategy is in line with the shift in economic indicators or the geopolitical climate? Overcomoming these will require a change to your forex investment strategy. Learn those smart strategic changes here.
The two risk management investment tools - hedging vs arbitrage - have been helping investors achieve their respective financial goals. Explore this comparision to understand their functionalities, the investment purpose they serve, the risk attached, and several other aspects.
Octa is a well-reputed, renowned, and award-winning broker in the forex market. It offers many exclusive features to investors, such as educational resources, a wide range of assets, dedicated customer support, and access to popular trading platforms like MetaTrader 4 and 5.
Dubai Police have arrested four individuals involved in defrauding many investors via fake online trading schemes that promised high and quick returns. Check out the arrests, international connections, and more in this story.
Spain’s Financial regulator, CNMV (Comisión Nacional del Mercado de Valores) CNMV has issued warnings against 11 forex brokers operating without proper authorization.
Rida was planning to invest her money in the forex trading , so she chose a broker that suited her needs. But before investing, she read user feedback on the internet about that broker. Based on the reviews, she decided not to invest her money with that particular broker and chose another one with better ratings. User reviews play a crucial role in decision-making. It becomes an important step to read user reviews before choosing a broker.