Global Broker Regulation Inquiry App

WikiFX

Broker Search

English

简体中文

繁體中文

English

Pусский

日本語

ภาษาไทย

Tiếng Việt

Bahasa Indonesia

Español

हिन्दी

Filippiiniläinen

Français

Deutsch

Português

Türkçe

한국어

العربية

Download

WikiFX Express

Scam Alert: Revealing Top Four Forex Scam Tactics Employed to Dupe Investors

15 Brokers FCA Says "Are Operating Illegally" Beware!

WikiFX

| 2025-07-18

Abstract：If a reputable regulator issues a warning about unlicensed brokers, it's important to take it seriously — whether you're a trader or an investor. Here is a list you can check out- be cautious and avoid getting involved with these scam brokers.

If a Reputable regulator Such as FCA issues a warning about unlicensed brokers. You must take Seriously whether you ar e a trader or an investor. Here is a list you can check out- be cautious and avoid getting involved with these scam brokers.

1. Name: WealthForge/www.Wealthforge.ltd

Address: 36 CHAIRMINSTER ROAD, BOURNEMOUTH, BH8 8UW

Mobile: 07721558697

Email: admin@wealthforge.ltd

Website: https://wealthforge.ltd/

2. Name: Trader Chenix

Website: https://https://trader-chenix.net/, https://traderchenix.net/

3. Name: Wealth Phantom / wealth-phantom.net

Website: www.wealth-phantom.net

4. Name: Quantum Income / quantum-income.net

Website: www.quantum-income.net

5. Name: Safestaker.com

Address: 56 Frys Lane, Everton, Lymington, UNITED KINGDOM, SO41 0JY

Email: support@safestaker.com

Website: https://safestaker.com

6. Name: AccuTrader Plus

Website: www.accutraderplusapp.net

7. Name: Trade App / trade-appai.net

Website: www.trade-appai.net

8. Name: Power Trades

Website: www.power-trades-ai.net, www.powertradesapp.net

9. Name: TradeGPT / tradegpt-ai.net

Website: www.tradegpt-ai.net

10. Name: cryptohopperapp.net

Website: www.cryptohopperapp.net

11. Name: Trading Pro Lexipro

Website: www.trading-pro-lexipro.net, www.trading-pro-lexipro.net, www.tradingprolexipro.net, www.tradingprolexipro.net

12. Name: Lunovex Trader 4.1

Website: www.lunovextrader41.net

13. Name: FUSIONTRADE

Address: 12 Throgmorton Avenue, London, EC2N 2DL

Email: support@fusiontrade.online

Website: https://fusiontrade.org/

14. Name: VINCOS LIMITED

Address: 1st Floor 35 Park Lane, London, W1K 1RB

Mobile: 07903056291

Email: contact@vincoslimited.com

Website: https://vincoslimited.com/

15. Name: EvoluxeTrade

Address: 44 Essex Rd, Taunton, TA1 3EE

Email: support@evoluxetrade.com

Website: https://evoluxetrade.com/

Find FCA Warning List Here

The latest list is available on the official FCA website. To view it, visit the website, go to the News section, and click on Warnings to see the latest list of scam brokers.

Check this Important Article too - www.wikifx.com/en/newsdetail/202507187734246343.html

FCA Warns You

The Financial Conduct Authority (FCA) stated that these firms may be offering or promoting financial services or products without its authorization. The FCA warns clients to avoid dealing with these firms and beware of scams.These firms are not authorized and may be involved in swindling peoples money. Stay alert—investment scams are becoming increasingly common. While forex beginners are often the main targets, even experienced traders are now falling victim too.

Become a Member of the WikiFX Community & Get the Latest Updates

Investment scams have become a reality in the Forex market. While trading forex, you can avoid these scams by staying informed and alert. Therefore, be attentive and stay updated with fraud alerts. With WikiFX, you can get all the information you need about the Forex market, fraud alerts, and the latest news related to Forex trading all in one place. Join the WikiFX Community by scanning the QR Code at the bottom.

Steps To Join

1. Scan the QR code below

2. Download the WikiFX Pro app

3. After installing, tap the Scan icon at the top right corner

4. Scan the code again to complete the process

5. Congratulations! You have Joined the Group

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.

Forex trading Forex Broker Forex news forex market fca Scam Alert Ponzi Scheme Investment Scam Fraud Alert Broker

Scam Alert: Revealing Top Four Forex Scam Tactics Employed to Dupe Investors

Related broker

No Regulation

EvoluxeTrade

https://evoluxetrade.com/

1.25

Score

1-2 yearsSuspicious Regulatory LicenseSuspicious biz areaHigh potential risk

1.25

Score

FCA Flags Multiple Unauthorised Platforms Offering Financial Services Without Approval

Unlicensed platforms operating across multiple domains and using identical website interfaces to offer financial services.

Original42m

Inside the Elite Committee: Talk with Nguyễn Viết Hải

WikiFX has launched the “Inside the Elite” Interview Series, featuring outstanding members of the newly formed Elite Committee. During the committee’s first offline gathering in Dubai, we conducted exclusive interviews and gained deeper insights into regional market dynamics and industry developments. Through this series, WikiFX aims to highlight the voices of professionals who are shaping the future of forex trading — from education and compliance to risk control, technology, and trader empowerment.

Original57m

Why Southeast Asia Can’t Stop Online Scams

Cambodia’s arrest of a tycoon linked to a global online scam network has spotlighted Southeast Asia’s vast scam industry, which relies on trafficked labour and rapidly shifting operations. Despite rare high-profile action, experts warn the arrests barely dent a system that continues to exploit workers and defraud victims worldwide on an industrial scale.

Original1h

eFX Markets Review: Check Out Reported Trade Manipulation & Withdrawal Denial Cases

Has eFX Markets taken away your deposited capital? Faced losses due to manipulative ‘stop loss and take profit’ orders? Were you denied fund withdrawals because you did not finish your trading lot? Did the broker lure you into trading through a fake welcome bonus and scam you later? Traders have accused the Virgin Islands-based forex broker of driving these fraudulent practices. In this eFX Markets review article, we have shared some complaints against the broker. Take a look!

Original14h