FX BROKER SCAM
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SimplifiedFX
Unauthorised Firm Details Name: SimplifiedFXWebsite: simplifiedfx.com SimplifiedFX promotes itself as a trading/eA-bot service with claims of reliable, consistent returns, free education, strong customer support, and an “automated trading software” model. Some users report good experiences early on and praise signal performance or bot profits. However, several formal warnings and independent checks raise serious concerns. The UK Financial Conduct Authority has…
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Trademaxair.net
Unauthorised Firm Details Name: Trade MaxAirWebsite: trademaxair.net Trade MaxAir claims to be a trading / investment platform offering access to forex, crypto, CFDs, automation tools, etc. Independent analyses and regulator notices raise serious doubts about its legitimacy. The UK’s Financial Conduct Authority has issued a warning that Trade MaxAir is not authorised to provide investment/financial services in the UK. Multiple…
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WolfX-signals.com
Unauthorised Firm Details Name: WolfX SignalsWebsite: wolfx-signals.com (operating also as wolfxsignals.com / Telegram channels) WolfX Signals presents itself as a Forex and crypto signal service delivered via Telegram and membership tiers (free and VIP). While it markets easy-to-follow trade ideas and community support, independent checks and regulator action reveal serious problems. The UK Financial Conduct Authority has published a public…
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Jitetrades.net
Unauthorised Firm Details Name: Jitetrades.netWebsite: www.jitetrades.net According to its own descriptions (or third‑party summaries), jitetrades.net presents itself as a trading or investment platform dealing in assets such as cryptocurrencies, foreign exchange (forex), binary options, or other high‑risk financial instruments. It claims to use a “DMA STP order execution model” (direct market access, straight through processing) for its clients. It also…
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Modernassetmicrofinance.com
Unauthorised Firm Details Name: Modernassetmicrofinance.comWebsite: www.modernassetmicrofinance.com MODERN ASSET MICROFINANCE, accessible via modernassetmicrofinance.com, presents itself as an investment platform offering various account types, including “Personal,” “Savings,” “Retirement,” “Joint,” and “Company” accounts. However, during our investigation, we found that on December 4th, 2024, the Financial Conduct Authority (FCA) issued a warning about this firm. The company claims to operate from Woodbury Road,…
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Quotefxtrade.xyz
Unauthorised Firm Details Name: Quotefxtrade.xyzWebsite: www.quotefxtrade.xyz QUOTE FX TRADE LIMITED, accessible via quotefxtrade.xyz, presents itself as an investment and trading platform. It offers several account tiers Test, Basic, Beginner, Standard, and Business with minimum deposits ranging from $500 to $100,000, and no upper deposit limit. The platform claims to offer daily returns of up to 150%, which is highly unrealistic…
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Metagenfx.co.uk
Unauthorised Firm Details Name: Metagenfx.co.ukWebsite: www.metagenfx.co.uk Metagenfx.co.uk Under Scrutiny Following FCA Warning and Scam Reports The website metagenfx.co.uk has recently come under serious scrutiny after the Financial Conduct Authority (FCA) of the United Kingdom issued an official warning regarding its operations. On November 29, 2024, the FCA published a notice stating: “This firm may be providing or promoting financial services…
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Ultimatefexptl.com
Unauthorised Firm Details Name: Ultimatefexptl.comWebsite: www.ultimatefexptl.com Ultimate FEX Potential, accessible via the website ultimatefexptl.com, presents itself as an Investment and Trading platform. The company offers a range of investment plans categorized as Mini, Silver, Gold, and Platinum. Each of these plans requires a minimum deposit amount that varies significantly, starting from as low as $300 and going up to $20,000,…
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Armarcfinance.org
Unauthorised Firm Details Name: Armarcfinance.orgWebsite: www.armarcfinance.org Warning: AMARC FINANCE (armarcfinance.org) Under Scrutiny for Alleged Fraud and Regulatory Violations AMARC FINANCE, operating under the domain armarcfinance.org, has recently raised serious concerns in the financial community due to multiple scam reports and a formal warning issued by the Financial Conduct Authority (FCA) the UK’s top financial regulator. Public records do not show…
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Fundswelllimited.com
Unauthorised Firm Details Name: Fundswelllimited.comWebsite: www.fundswelllimited.com Investigative Report: Concerns About FUNDSWELL LIMITED and Potential Investment Scam FUNDSWELL LIMITED, operating under the website fundswelllimited.com, presents itself as an online investment and trading platform. The company claims to offer high-yield investment opportunities through three distinct plans: the Economy Plan, Deluxe Plan, and Gold Plan. Each of these plans requires a different minimum…
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