FCA-Regulated Forex Brokers Are Declining — 31 Platforms to Avoid
As of December 1, 2025, a total of 105 companies in the United Kingdom held CFD licences.
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Abstract:In 2023, Hankotrade found itself under the spotlight when WikiFX uncovered damning evidence against the company. Accusations of scamming and deceit were levied against Hankotrade, leaving many traders in a state of uncertainty and mistrust.

In 2023, Hankotrade found itself under the spotlight when WikiFX uncovered damning evidence against the company. Accusations of scamming and deceit were levied against Hankotrade, leaving many traders in a state of uncertainty and mistrust.
Now, faced with mounting scrutiny and the inevitable unraveling of its fraudulent activities, Hankotrade has resorted to a desperate ploy: the creation of a clone firm named Fyntura. This move, ostensibly aimed at circumventing negative publicity and legal repercussions, signals a new chapter in Hankotrade's deceitful tactics.

Under the guise of a fresh start, Hankotrade implores its customers to transfer their funds to Fyntura, presenting it as a safer alternative. However, astute traders recognize this for what it truly is: a thinly veiled attempt to perpetuate their fraudulent schemes under a different name.
Despite assurances and persuasive rhetoric, those who have followed Hankotrade's instructions soon find themselves ensnared in a web of deception. Reports surface of traders being unable to make withdrawals from the Fyntura platform, raising serious concerns about the safety of their investments.

WikiFX, steadfast in its mission to protect traders from exploitation, issues a stark warning to the community. We advise traders to exercise extreme caution and avoid any dealings with Hankotrade and its affiliated entities, including Fyntura. The risks far outweigh any potential gains, and falling victim to such schemes could result in devastating financial losses.
The saga of Hankotrade and Fyntura serves as a cautionary tale, highlighting the importance of due diligence and skepticism in the world of online trading. As the industry continues to evolve, traders must remain vigilant, armed with knowledge and awareness to navigate the treacherous waters of financial markets safely.
Conclusion
The emergence of Fyntura as a purported solution to Hankotrade's woes is nothing more than a wolf in sheep's clothing. Traders are urged to heed the warnings, protect their assets, and steer clear of any involvement with these deceitful brokers. Only by staying informed and exercising prudence can traders safeguard their financial well-being in an environment fraught with peril.

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.

As of December 1, 2025, a total of 105 companies in the United Kingdom held CFD licences.

Has Dbinvesting failed to honor your fund withdrawal requests? Did you notice that the broker remained fine when you were losing and turned worse as your numbers gained on the Dbinvesting login? Did the broker wipe out your profits and block your trading account? Many such allegations from users across India, the US and other regions have become headlines on broker review platforms such as WikiFX. To make it comprehensive, we have prepared an in-depth investigation report into user allegations, the company’s products and services, and, importantly, regulatory status, in this Dbinvesting review article.

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When you ask, "Is AssetsFX legit?", you're asking an important question about keeping your funds safe. After looking at all the available information, the answer is concerning: AssetsFX shows serious risks that traders should worry about. Our research found multiple problems that can't be overlooked. WikiFX, a website that checks brokers worldwide, gives AssetsFX only 2.44 points out of 10. They also warn users: "Low score, please stay away!" This very low rating isn't random. It comes from two main problems: the company doesn't have proper licenses from respected authorities, and many users have complained about losing funds. This article will explain the evidence behind this rating, giving you the facts you need to make a smart choice and protect your investments.