Score

1.80 /10
Danger

FlipTrade Group

Mauritius

1-2 years

Questionable Regulatory License

MT5 Full License

Regional Brokers

High Potential Risk

D

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Comparison

Quantity 6

Exposure

Time Machine
Website

Score

Regulatory Index5.48

Business Index4.90

Risk Management Index2.59

Software Index6.86

License Index2.70

The broker's WikiFX Score has been lowered due to a high volume of unresolved client complaints.
Time Machine
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

Expose

Check whenever you want

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Warning: Low score, please stay away! 2
Previous Detection : 2026-10-01
  • This broker lacks valid forex regulation. Please be aware of the risk!
  • WikiFX has received 4 investor complaints against this broker. Please be aware of the risks.

WikiFX Verification

Pyramid scheme complaint
Expose
Others

Lack of Transparency:

Lack of Transparency: FlipTrade Group FlipTrade has demonstrated a lack of transparency regarding the Live Trading Contest investigation promised between 26 Jul - 15 Aug 2026. The deadline has passed. On 14 Aug 2026 they stated the report is ready, but release is conditional on me deleting my public review first. This contradicts their earlier email: “any decision to remove reviews is entirely at your discretion.” My position remains: I will keep the reviews published for now as a record of the timeline. I have no issue updating them further or removing them once the contest investigation is completed and transparent results are provided to me. I believe this is fair to both parties. I look forward to receiving the investigation findings.

2026-08-20 22:38
Scam

The competition was manipulated and no investigation was provided. I joined the Flip Trade Group's $50 live action competition and did not receive the prize money I deserved, so I am unable to withdraw funds

Contest Manipulated & No Investigation Provided I joined Flip Trade Group's $50 Live Contest (Jan 25-30, 2026) 。 The results looked fixed. I complained during the contest - they said "technical problem". On July 26 they promised a full investigation with equity history of all participants. On Aug 27 they said documents were sent to my home and government officials would contact me, and asked me not to remove reviews. As of today, 29th September, I have NOT received any documents, nor have I been contacted by any government authority. This is clearly a delay strategy used by a scam broker to avoid accountability and silence complaints. No transparency, no evidence, no investigation provided. Stay away from this broker.

2026-09-29 20:24
Resolved

⚠️ Beware of scam brokers!FlipTrade

⚠️ Beware of scam brokers! FlipTrade contacted me today, March 27, 2026, asking me to delete my review after blocking me when I sought help regarding funds stolen from my account since February 2, 2026. From our recent chat, it’s clear they indirectly admitted their platform is not secure, as unauthorized individuals were able to access my account and withdraw my funds. They are now offering to refund only my initial deposit, which I insist that all my stolen funds must be fully returned before I consider deleting my review. stay safe✌️

2026-03-28 01:10
Others

LACK OF TRANSPARENCY

LACK OF TRANSPARENCY AND TIME STALLING: Flip Trade Group Update 28 Aug 2026: Deadline missed. Broker now refuses to provide details Timeline: 1. 26 Jul - 15 Aug 2026: Investigation deadline set by Flip Trade to complete contest review. 2. 14 Aug 2026: Flip Trade emailed: "we have all the information and documentation regarding the contest ready and will provide it to you as soon as possible". 3. 27 Aug 2026 3:32 AM: Flip Trade requested an additional 15-20 days to complete investigation, despite stating on 14 Aug that docs were ready. 4. 27 Aug 2026 1:43 PM: Flip Trade said: "Coordinating with relevant government officials. All required documents have been dispatched to your registered home address." No regulator name provided. 5. 27 Aug 2026 2:37 PM: I requested regulator name, case number, and tracking. 6. 27 Aug 2026 2:46 PM: Flip Trade replied: "There is no need for us to explain anything further at this stage. You will find out the relevant details yourself in due course."

2026-08-27 22:57

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

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FX3009949795
6-12months
Contest Manipulated & No Investigation Provided I joined Flip Trade Group's $50 Live Contest (Jan 25-30, 2026) 。 The results looked fixed. I complained during the contest - they said "technical problem". On July 26 they promised a full investigation with equity history of all participants. On Aug 27 they said documents were sent to my home and government officials would contact me, and asked me not to remove reviews. As of today, 29th September, I have NOT received any documents, nor have I been contacted by any government authority. This is clearly a delay strategy used by a scam broker to avoid accountability and silence complaints. No transparency, no evidence, no investigation provided. Stay away from this broker.
Contest Manipulated & No Investigation Provided I joined Flip Trade Group's $50 Live Contest (Jan 25-30, 2026) 。 The results looked fixed. I complained during the contest - they said "technical problem". On July 26 they promised a full investigation with equity history of all participants. On Aug 27 they said documents were sent to my home and government officials would contact me, and asked me not to remove reviews. As of today, 29th September, I have NOT received any documents, nor have I been contacted by any government authority. This is clearly a delay strategy used by a scam broker to avoid accountability and silence complaints. No transparency, no evidence, no investigation provided. Stay away from this broker.
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2026-09-29 20:24
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FX3009949795
6-12months
LACK OF TRANSPARENCY AND TIME STALLING: Flip Trade Group Update 28 Aug 2026: Deadline missed. Broker now refuses to provide details Timeline: 1. 26 Jul - 15 Aug 2026: Investigation deadline set by Flip Trade to complete contest review. 2. 14 Aug 2026: Flip Trade emailed: "we have all the information and documentation regarding the contest ready and will provide it to you as soon as possible". 3. 27 Aug 2026 3:32 AM: Flip Trade requested an additional 15-20 days to complete investigation, despite stating on 14 Aug that docs were ready. 4. 27 Aug 2026 1:43 PM: Flip Trade said: "Coordinating with relevant government officials. All required documents have been dispatched to your registered home address." No regulator name provided. 5. 27 Aug 2026 2:37 PM: I requested regulator name, case number, and tracking. 6. 27 Aug 2026 2:46 PM: Flip Trade replied: "There is no need for us to explain anything further at this stage. You will find out the relevant details yourself in due course."
LACK OF TRANSPARENCY AND TIME STALLING: Flip Trade Group Update 28 Aug 2026: Deadline missed. Broker now refuses to provide details Timeline: 1. 26 Jul - 15 Aug 2026: Investigation deadline set by Flip Trade to complete contest review. 2. 14 Aug 2026: Flip Trade emailed: "we have all the information and documentation regarding the contest ready and will provide it to you as soon as possible". 3. 27 Aug 2026 3:32 AM: Flip Trade requested an additional 15-20 days to complete investigation, despite stating on 14 Aug that docs were ready. 4. 27 Aug 2026 1:43 PM: Flip Trade said: "Coordinating with relevant government officials. All required documents have been dispatched to your registered home address." No regulator name provided. 5. 27 Aug 2026 2:37 PM: I requested regulator name, case number, and tracking. 6. 27 Aug 2026 2:46 PM: Flip Trade replied: "There is no need for us to explain anything further at this stage. You will find out the relevant details yourself in due course."
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2026-08-27 22:57
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