Home -
Exposure -
Main body -

WikiFX Express

Exness
EC Markets
TMGM
XM
FOREX.com
FXTM
AvaTrade
FXCM
IC Markets Global
Eightcap

Who Are the Top 10 Scandalous Forex Brokers?

WikiFX | 2022-09-20 19:30

Abstract:WikiFX hosts an extensive database with verified information of over 39,000 forex brokers. Therefore, it is safe to say that we are your one-stop solution for all broker-related enquiries.

img_v2_298d33fb-5d2a-4fc0-811b-430ae3a3ea5g.jpg

Here at WikiFX, we not only pride ourselves as a global forex broker regulatory query platform, but we are also a mediator that handles dispute cases between trading clients and their respective brokers.

We receive many complaints and evidence from victims of scam brokers detailing the process of them being caught in the traps. One way to become a prey of these syndicates is to be aware of and informed about which are the infamous brokers and stay far away from them. In todays article, we will look at the top 10 infamous forex brokers known for their scams.

Number 10: 4xHub

image.png
image.png

Number 9: eXcentral

image.png
image.png

Number 8: TR

image.png
image.png

Number 7: Wintersnow Ltd

image.png
image.png

Number 6: Bedrockfx

image.png
image.png

Number 5: TriumphFX

image.png
image.png

Number 4: SHD

image.png
image.png

Number 3: Vantage

image.png
image.png

Number 2: BKYHYO

image.png
image.png

Number 1: FVP Trade

image.png
image.png

If you are already in a bad situation, you should confirm that the broker is engaging in illegal activity and collect as much as evidence as you can, try to get your questions answered, and/or report the person to the SEC, FINRA, or another regulatory body that can take action against them. Simultaneously, do get in touch with WikiFX for help as we provide mediating services to our users without charging a penny.

image.png

Read this article here for more guidelines:

https://www.wikifx.com/en/newsdetail/202206032924195275.html

origin_img_v2_86dda343-db3f-4273-b002-8ce0c19ac20g.jpg
BrokerForex tradingForex BrokerForex news

Related broker

Regulated
4xHub
Company name:4xHub Limited
Score
3.86
Website:https://www.4xhub.com/
5-10 years | Regulated in Malaysia | Straight Through Processing (STP) | Suspicious biz area
Score
3.86

Read more

The Dollar Keeps Falling: How Should We View Exchange Rate Volatility?

The U.S. dollar continues to weaken, triggering ripple effects across global markets. Beneath the currency’s depreciation lies a deeper crisis in its credibility, institutional foundation, and global financial status.

Original 2025-06-29 20:15

Are Trading Courses and Mentors a Fast Track or a Financial Trap?

In recent years, trading has become more popular than ever. Social media is full of people showing off their “trading lifestyle” with expensive cars, luxury holidays, and promises of easy money. Many of them claim to be mentors, investment coaches, or run online trading academies. They say they can turn beginners into full-time traders in just a few weeks. But is it true, or is it just a clever scam?

Original 2025-06-28 08:00

Gold Prices Pull Back, Near Four-Week Low Amid Easing Risk Sentiment

As risk aversion fades and investors turn their attention to U.S. inflation data, gold prices retreat sharply, falling to their lowest levels in nearly a month.

Original 2025-06-27 20:23

Using Any of These Illegal Forex Trading Apps? Stop Before It Turns into a Crisis

The Reserve Bank of India (RBI) has listed out some illegal forex apps India. Read this article to know some of those apps.

Original 2025-06-27 19:58

WikiFX Express

Exness
EC Markets
TMGM
XM
FOREX.com
FXTM
AvaTrade
FXCM
IC Markets Global
Eightcap

WikiFX Broker

FXTM

FXTM

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
IC Markets Global

IC Markets Global

Regulated
 CXM Trading

CXM Trading

Regulated
AvaTrade

AvaTrade

Regulated
FXTM

FXTM

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
IC Markets Global

IC Markets Global

Regulated
 CXM Trading

CXM Trading

Regulated
AvaTrade

AvaTrade

Regulated

WikiFX Broker

FXTM

FXTM

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
IC Markets Global

IC Markets Global

Regulated
 CXM Trading

CXM Trading

Regulated
AvaTrade

AvaTrade

Regulated
FXTM

FXTM

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
IC Markets Global

IC Markets Global

Regulated
 CXM Trading

CXM Trading

Regulated
AvaTrade

AvaTrade

Regulated

Latest News

Core inflation rate rose to 2.7% in May, more than expected, Feds preferred gauge shows

WikiFX
2025-06-27 20:35

Core inflation rate rose to 2.7% in May, more than expected, Fed's preferred gauge shows

WikiFX
2025-06-27 13:35

Stablecoins go mainstream: Why banks and credit card firms are issuing their own crypto tokens

WikiFX
2025-06-28 13:00

The Shame of Being Scammed: Don't Ever Stay Silent

WikiFX
2025-06-27 10:00

Capital.com Launches $1 Million EU Client Insurance to Enhance Investor Safety

WikiFX
2025-06-27 16:07

The five most investment-risky brokers in Malaysia

WikiFX
2025-06-27 16:20

Citibank Sued in $20M Romance Scam Tied to Fraudulent Transfers

WikiFX
2025-06-27 16:36

Treasury yields inch higher as investors await the Fed's preferred inflation print

WikiFX
2025-06-27 10:24

Think Before You Trade! Unlicensed Brokers List Inside

WikiFX
2025-06-27 18:55

5 Reasons to Stay Away from Core Prime Markets

WikiFX
2025-06-27 18:59

Rate Calc

USD
CNY
Current Rate: 0

Amount

USD

Available

CNY
Calculate

You may also like

Trust-gain

Trust-gain

Stockfish FX Limited

Stockfish FX Limited

Morning Sky Forex

Morning Sky Forex

Able World

Able World

Karen International

Karen International

TEMO

TEMO

BKG

BKG

TANDEM

TANDEM

TIGER

TIGER

MagKing

MagKing