10 Unlicensed Brokers Exposed – Check Now to Stay Safe!

WikiFX | 2025-07-07 18:27

Abstract：Traders need to stay informed, as scam brokers are active in the forex market. It's a basic rule for forex beginners to stay updated and check the Warning List. Here is the Warning List of unauthorized brokers you should avoid.

Traders need to stay informed, as scam brokers are active in the forex market. It's a basic rule for forex beginners to stay updated and check the Warning List. Here is the Warning List of unauthorized brokers you should avoid.

1. Name: Flipcoin

Address: London

Email: support@flipcoin.exchange

Website: www.flipcoin.exchange

2. Name: elitepipsfx

Address: 60 Gresham Street, London, EC2V, 7BB

Mobile: 07846608772

Email: info@elitepipsfx.com

Website: https://elitepipsfx.com/

3. Name: Norinchuckin UK Bank London/norinchukinuk.com (Clone of FCA authorised firm)

Email: noreply@norinchukinuk.com,

info@norinchukinuk.com

Website: www.norinchukinuk.com

4. Name: London Block exchange/LBX

Address: 1 Canada Square, London, E145AB

Website: www.lbx.com

5. Name: Savexa

Mobile: +447822107974

Email: support@savexa.com

Website: www.savexa.com

6. Name: Quantafxai

Address: 16-18 Monument St, London, UNITED KINGDOM, EC3R 8AJ

275 Slater St. #900, ON Ottawa, CANADA, K1P 5H9

Email: support@quantafxai.io

Website: www.quantafxai.io

7. Name: BullUndBear

Address: 167-169 Great Portland Street, London, UNITED KINGDOM, W1W 5PF

Mobile: +447520637318

Email: support@bullundbear.com

Website: www.bullundbear.com

8. Name: MaxAi Trader

Address: Elmfield Rd, Broadway, Bromley, UNITED KINGDOM, BR1 1LW

Telephone: +448455642134

Email: support@maxaitrader.com

Website: www.maxaitrader.com

9. Name: TRADERS PROFIT

Address: 25 St Mary Axe, London, EC3A 8AA

Email: support@tradersprofit.live

Website: https://tradersprofit.live

10. Name: Moneywise / moneywisemarketplace.com

Email: info@moneywisemarketplace.com,

paul@moneywisemarketplace3.co.uk

Website: https://moneywisemarketplace.com/

FCA Said

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.

Check this article too - www.wikifx.com/en/newsdetail/202507072324611571.html

Find the 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.

Stay Updated—Join WikiFX Community

Want to stay informed about the latest forex news and scam alerts in the forex market? Whether you're a beginner or an experienced trader, join our Telegram community: WikiFX India. We focus solely on educational updates, forex news, and market insights. We focus solely on educational updates, forex news, market insights, and verified promotional alerts related to the global forex market.

Learn basic forex Forex Broker Forex news forex market Basic forex knowledge forex beginners Scam Alert Investment Scam

Related broker

Not Regulated

Savexa

Company name：Trade Tide Ltd

Score

1.39

Website：https://www.savexa.com/en/

1-2 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

Score

1.39

Is TradingPRO Safe? FCA Warning, Indonesia Blocklist Evidence, and 7 Checks Before You Deposit

This Trading Pro broker review checks the FCA warning, Indonesia blocklist evidence, licence claims, and what South Asian users should verify before depositing.

Original 2026-07-24 18:49

MT4 White Label Cost in 2026: What Brokers Must Budget Beyond the Platform Fee

The visible fee in an MT4 white label proposal is rarely the real cost of operating it. For an existing broker, the decision is not simply whether an MT4 white label platform is “cheap” or “expensive.” The real question is whether the commercial model remains viable after integration, support, data, client migration, compliance, and exit costs are included. That is why an MT4 white label cost review should be built as a 24- to 36-month operating case. It should compare three credible choices: 1. Keep the present MT4 setup and improve its weakest controls. 2. Replace the MT4 white label provider but retain the client proposition. 3. Migrate selected clients or products to another platform while running MT4 in parallel. This guide explains how to build that case without relying on headline prices or generic vendor claims.

Industry 2026-07-23 21:38

The Rise of Deepfake Investment Scams: ASIC Shares Key Warning Signs

Artificial Intelligence (AI) has grown remarkably recently. However, it has also amplified the scope for financial fraud. One such is the rapid use of deepfake technology involving AI-generated videos, images and audio clips imitating real people. Fraudsters are leveraging these technologies to impersonate financial advisers, celebrities, business leaders and government officials to lure victims into fake investment schemes. Understanding the emerging implications, the Australian Securities and Investments Commission (ASIC) has cautioned investors of investment avenues promoted through convincing AI-generated content. Seemingly authentic, deepfakes are designed to manipulate trust and make people transfer funds before authenticating the investment’s legitimacy.

Original 2026-07-23 21:25

Best White Label Trading Platform 2026

The decision to switch white label providers or migrate to a modern white label trading platform is no longer a luxury for growth-minded brokers—it's a strategic necessity for survival in 2026. The convergence of technological stagnation, regulatory evolution, and shifting client expectations has created a perfect storm.

Original 2026-07-22 22:07