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Abstract:This is the latest list of unlicensed Forex brokers who are aggressively trying to swindle your hard-earned money in no time. Staying informed can help you protect your money. Therefore, to keep you aware, WikiFX provides a list of scam brokers that you must avoid. Check out the list below.
BEWARE!
This is the latest list of Unlicensed Forex brokers who are aggressively trying to swindle your hard-earned money in no time. Staying informed can help you protect your money. Therefore, to keep you aware, WikiFX provides a list of scam brokers that you must avoid. Check out the list below.
1. InvestmentsFarm
2. QUANTUM TRADINGS
3. D.O.T Trading
4. SimplifiedFX
5. The Forex Complex
6. SmartPipAi
7. Goldhunter Academy
8. MarcoTFX
9. WB Trading
10. Turning Trading Pink
11. QFS
12. ForexFXM
13. Pioneer Wealth Trust
DO NOT BECOME BAIT
These scammer brokers lure people with attractive, too-good-to-be-true offers. They contact you through various social media platforms such as WhatsApp, Telegram, Instagram, or even direct phone calls.
They show you big dreams and make grand promises about their trading firms — but eventually, they swindle your money and leave you helpless. This is a common tactic they use to deceive. You must avoid them and maintain distance.
WikiFX Advises you
Only you can protect your precious money. Take the responsibility seriously and do not fall victim to any attractive offer. Before choosing any broker, thoroughly research their background and history. Check every key detail about the forex broker carefully.
Do not blindly trust their licenses. Always verify yourself by visiting the official websites of the regulatory authorities mentioned. Confirm whether the broker is actually regulated by that authority.
There are many scam forex brokers who pretend to be genuine by copying the logo, name, and address of legal, real brokers. The forex market is now flooded with scammers, so you must stay extremely alert while choosing your broker.
Conclusion
If you want to read more informative articles about forex brokers. You can download the WikiFX app and stay updated with the latest news related to the forex market — such as scam alerts, regulatory warnings, new broker features, and broker exposés. You can access all this news in WikiFX App or simply visit the news section on the WikiFX website.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.