FX BROKER SCAM
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Synthetix.io
Unauthorised / Risk Warning Details Name: SNX (Synthetix Token)Type: DeFi token (Ethereum-based)Website: synthetix.io South Korea’s Self-Regulatory Body Flags SNX In April 2025, the Digital Asset Exchange Alliance (DAXA), a self-regulatory organization in South Korea, placed SNX, the native token of Synthetix, under a “trading warning product” designation. This triggered coordinated responses among South Korea’s major exchanges: Upbit and Bithumb —…
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Aquila-markets.com
Unauthorised Firm Details Name: Aquila MarketsWebsite: aquila-markets.com Aquila Markets has drawn the attention of multiple regulators worldwide, with repeated warnings highlighting concerns over its legitimacy and lack of proper oversight. While the platform advertises itself as a trusted broker offering access to global markets, the available evidence suggests otherwise. In April 2025, Sweden’s financial regulator Finansinspektionen (FI) issued a public…
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Elite-fx.biz
Unauthorised Firm Details Name: Elite-fx.bizWebsite: elite-fx.biz ELITE FX accessable at elite-fx.biz claims itself as a trading platform. They are offering trading in foreign exchange, futures, CFDs, and other financial contracts services. At the time of investigating the issue, we only have a cursory look at Elite FX as the company’s official website (https://elite-fx.biz/ ) does not open properly. During our…
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Wealthnet-investment.pro
Unauthorised Firm Details Name: Wealthnet-investment.proWebsite: wealthnet-investment.pro WEALTHNET INVESTMENT accessable at wealthnet-investment.pro claims itself as a investment platform. They are offering Starter, Basic & Gold Plan which depending on the plan requires a minimum deposit from 35 USD to 60,000 USD and a unlimited maximum deposit. They are promising a daily profit from 10 to 60% regardless of market conditions, which…
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Nexonmarkets.com
Unauthorised Firm Details Name: nexonmarkets.comWebsite: nexonmarkets.com NexonMarkets.com presents itself as an online trading platform offering access to various financial instruments, including cryptocurrencies, forex, and indices. The platform markets itself as user-friendly and accessible to both novice and experienced traders. However, several red flags indicate that NexonMarkets may not be a legitimate or safe platform for trading. Regulatory Status and Legal…
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Pocketoption.fr
Unauthorised Firm Details Name: pocketoption.frWebsite: www.pocketoption.fr PocketOption.fr is an online trading platform that offers access to various financial instruments, including binary options, cryptocurrencies, and forex. While the platform markets itself as user-friendly and accessible, there are significant concerns regarding its legitimacy, regulation, and operational practices. Regulatory Status and Legal Concerns PocketOption is not authorized or registered by major financial regulators…
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Binarystandardtradingfx.org
Unauthorised Firm Details Name: binarystandardtradingfx.orgWebsite: www.binarystandardtradingfx.org BinaryStandardTradingFX.org presents itself as a trading platform providing access to a variety of financial instruments, including cryptocurrencies, stock indices, commodities, and forex. The platform promotes features such as low commissions, automated trading capabilities, and educational resources aimed at both novice and experienced traders. Despite these claims, multiple factors raise serious questions about the platform’s…
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Investrixhub.net
Unauthorised Firm Details Name: investrixhub.netWebsite: www.investrixhub.net InvestrixHub.net presents itself as a global investment firm claiming to provide wealth management, asset management, and diversified investment strategies across real estate, fixed income, and multi-asset portfolios. The platform highlights long-term value creation, customization, and sector expertise. While these claims are designed to appeal to both retail and institutional investors, a deeper look into…
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Flexonixtrader.net
Unauthorised Firm Details Name: flexonixtrader.netWebsite: www.flexonixtrader.net FlexonixTrader.net presents itself as a trading platform offering access to forex, cryptocurrencies, and other investment products. It promotes advanced technology, secure trading, and attractive profit opportunities. However, closer inspection reveals multiple concerns that call into question the platform’s legitimacy and safety for investors. Regulatory Status and Legal Compliance A major issue with FlexonixTrader.net is…
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Traderlion.com
Unauthorised Firm Details Name: traderlion.comWebsite: www.traderlion.com Tradelion.com Review: Key Concerns for Investors Tradelion.com, along with similar platforms under the “Trade-Lion” branding, has been associated with numerous red flags that raise doubts about its legitimacy. The platform appears to lack regulatory authorization, which is one of the most significant warning signs. Without oversight from a recognized financial authority, investors have no…
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