Unregulated Forex Brokers Shut Down Their Domains Due to Exposing Their Illegal Activities

Understanding which brokers are illegal and unregulated, as well as how to avoid engaging with them, is critical to safeguarding your money. As a result, BrokersView creates a “SCAM” to help the public understand unlicensed brokers.

Following our revelation, dishonest forex brokers have rushed to close their websites. We have discovered that 15 unregistered brokers are no longer available to investors. The following is a list:

1. NitroCapitals

Website: https://www.nitrocapitals.com/

2. FCXTrade

Website: https://fcxtrade.com/index.html

3. Bairrada International Limited

Website: https://www.bairrada-markets.com/

4. Jumper Capital Ltd

Website: https://jumperax.com/

5. TDX Markets

Website: https://tdxmarkets.com/

6. TTRADE

Website: https://www.ttradefx.com/

7. GlobalstockFX

Website: https://globalstockfx.com/

8. GalanTrade

Websites: https://www.galantrade.com/

https://www.galantrade.co/

9. Net TradersFX

Website: https://www.net-tradersfx.com/

10. DEUSFX

Website: https://deusfx.com/

11. SKY FINANCE GROUP

Website: https://skyfinancegp.com/en/

12. Gordon Zack

Website: https://gordonzak.com/

13. Indigo Capitals

Website: https://www.indigocapitals.com/

14. PrimeFirmTrade

Website: https://primefirmtrade.com/

15. KALO

Website: https://kalofx.com/en/

How can we prevent registering with these unregulated brokers？

When investing, the first thing you should do is verify the broker's license. WikiFX is an app that will provide you with all of the information you want about a broker. When seeking broker information, we often visit many websites, which is not a good strategy and may lead to confusion. WikiFX is a forex trading search engine that enables traders to check data in a single app. It contains information on about 38,000 licensed and unregistered brokers. Due to the high number of online fraudsters doing business in the forex market, WikiFX has been collaborating with 30 financial agencies to address traders' trading concerns and to prevent a broker's illegal acts.

About WikiFX

Wikifx is a platform for searching worldwide company financial information. Its primary duty is to give the included foreign exchange trading organizations with basic information searching, regulatory license seeking, the credit assessment, platform identification, and other services.

Keep an eye out for more broker news.

The WikiFX App may be downloaded through the App Store or the Google Play Store.