Score

2.04 /10
Danger

FlipTrade Group

Mauritius

1-2 years

Questionable Regulatory License

MT5 Full License

Regional Brokers

High Potential Risk

C

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Comparison

Quantity 3

Exposure

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Website

Score

Regulatory Index5.32

Business Index4.89

Risk Management Index2.68

Software Index6.39

License Index2.70

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

FlipTrade Group Limited

Company Abbreviation

FlipTrade Group

Platform registered country and region

Mauritius

Company website

Facebook

Instagram

YouTube

WhatsApp

  • 447853154492

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2026-07-27
  • This broker lacks valid forex regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
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News

ExposureFlipTrade Group: Forex Scam Exposed in Nigeria

Scam alert: FlipTrade Group stole $611 from a Nigerian trader on Feb 2nd via rigged trading contests, no withdrawals. Unregulated broker exposed on WikiFX—learn the case, report, and trade safely now!

WikiFX
2026-02-11 17:23
FlipTrade Group: Forex Scam Exposed in Nigeria

User Reviews

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User comment

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Comments

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FX3009949795
3-6months
ALERT FOR TRADERS: Flip Trade Group Contest Issue - Jan 2026 I participated in Flip Trade Group’s $10,000 live trading contest from Jan 25-30, 2026. On the final day, the leaderboard froze for 5 hours before the official close. My profit ratio reached 1123.58% but the rankings did not update, which left my account in 4th place instead of 1st. Meanwhile, 3 accounts with little to no prior activity suddenly appeared in the top spots. I reported the issue during the contest. Support replied: "technical issues". After the contest, my requests for verification were dismissed. Update July 2026: After escalation, the broker has agreed to a 2-3 week investigation and to provide historical records of each participant's equity at the relevant time, along with verification of the contest results and the winning accounts. Awaiting broker investigation results due by August 10, 2026. I will publish all screenshots and email proof if the results are not provided. Thank you.
ALERT FOR TRADERS: Flip Trade Group Contest Issue - Jan 2026 I participated in Flip Trade Group’s $10,000 live trading contest from Jan 25-30, 2026. On the final day, the leaderboard froze for 5 hours before the official close. My profit ratio reached 1123.58% but the rankings did not update, which left my account in 4th place instead of 1st. Meanwhile, 3 accounts with little to no prior activity suddenly appeared in the top spots. I reported the issue during the contest. Support replied: "technical issues". After the contest, my requests for verification were dismissed. Update July 2026: After escalation, the broker has agreed to a 2-3 week investigation and to provide historical records of each participant's equity at the relevant time, along with verification of the contest results and the winning accounts. Awaiting broker investigation results due by August 10, 2026. I will publish all screenshots and email proof if the results are not provided. Thank you.
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2026-07-27 12:14
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FX1230397831
0-3months
The support harryl do great customer service Support was fast, kind and help me with my problem always a good experience with support team😘
The support harryl do great customer service Support was fast, kind and help me with my problem always a good experience with support team😘
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2026-07-23 20:29
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