Home -
Exposure -
Main body -

WikiFX Express

SBCFX
TMGM
GTCFX
Exness
XM
EC markets
FXTM
AvaTrade
FOREX.com
IC

FCA Alert: Beware of These 10 Scam Brokers – Don’t Be the Next Victim!

WikiFX | 2025-08-13 16:17

Abstract:UK's Financial Conduct Authority(FCA) updates its warning list to help traders avoid fraudulent platforms posing as legitimate firms. Scam brokers typically use cloned websites, aggressive sales tactics, and unrealistic profit guarantees to trick investors. Checkout the list below-

1280-720.jpg

UK's Financial Conduct Authority(FCA) updates its warning list to help traders avoid fraudulent platforms posing as legitimate firms. Scam brokers typically use cloned websites, aggressive sales tactics, and unrealistic profit guarantees to trick investors. Checkout the list below-

List of 10 Unregulated Brokers –

Name: PREFXMAXLIVE

Address: Suite 305 Griffith Corporate Centre, PO BOX 1510, Beachmont, Kingstown, ST. VINCENT AND THE GRENADINES

Telephone: +19494266550

Email: support@prefxmaxlive.top

Website: www.prefxmaxlive.top

img_v3_02p4_f4fe067c-415c-473d-acfd-c587ac60b0cg.jpg

Name: icapital.com.pl

Address: 1 Garden Lane, Ravenfield, Rotherham, UNITED KINGDOM, S65 4ND

Email: info@capital.com.pl

Website: www.capital.com.pl

img_v3_02p4_4c8810eb-6c29-4d3d-a0b5-46a7dc717aeg.jpg

Name: Crypto Defrag

Website: www.cryptodefrag.net

img_v3_02p4_c386ca58-4997-4d72-a446-24b1a9532c6g.jpg

Name: coinsagefinance.com

Address: 49 Featherstone Street, London, UNITED KINGDOM, EC1Y 8SY

Email: support@coinsagefinance.com

Website: www.coinsagefinance.com

img_v3_02p4_3560445c-8c90-4e06-928a-ccb50cbb5b6g.jpg

Name: finex-asset.ltd

Address: 53 Bristol Road, Bristol Road, SN15 1NT

Website: https://finex-asset.ltd

img_v3_02p4_5502bcf4-45c9-445b-ad64-6f3b92b81f8g.jpg

Name: Power Trades App

Website: www.power-trades-app.net

img_v3_02p4_886bb7b6-7d62-4ce6-9203-edab95edad3g.jpg

Name: Vertex Wealth

Website: www.vertexwealth.net

img_v3_02p4_f7f946b4-9618-426d-a0c5-e64a5b56164g.jpg

Name: realmarkets.online

Address: 20-22 Wenlock Road, London, UNITED KINGDOM, N1 7GU

Email: support@realmarkets.online

Website: www.realmarkets.online

img_v3_02p4_87a0b30c-17e0-47de-9fed-e6cb50d2ff2g.jpg

Name: stocksglobalfx.com

Address: Endsleigh Street, London, United Kingdom

Email: support@stocksglobalfx.com

Website: https://stocksglobalfx.com

img_v3_02p4_0b92a338-5be0-4f1c-9065-d4ca4fa5bfdg.jpg

Name: PROTREASURE TRADE

Address: Hampshire Street, Portsmouth, PO1 5LG

Email: admin@protreasuretrade.com

Website: https://protreasuretrade.com/

img_v3_02p4_e1969f0f-3d42-465f-a053-593b05a769bg.jpg

Why FCA Warning Matters?

An FCA (Financial Conduct Authority) warning is a serious alert that a broker or financial service is operating without proper authorization in the UK. The FCA is one of the worlds most respected financial regulators, and its role is to protect investors from fraud, scams, and unethical practices.

img_v3_02p3_5cd17694-9477-4cd8-b03c-8647ba6510bg.jpg

If a broker receives an FCA warning, it means:

1. The broker is not licensed or regulated by the FCA.

2. It is not allowed to offer financial services in the UK.

3. Your funds are not protected under UK financial laws.

4. You have no legal recourse if the broker disappears or refuses withdrawals.

Do Not Miss this Article- www.wikifx.com/en/newsdetail/202508139094583816.html

How to Protect Yourself from Scam Brokers?

1. Verify the License of the brokers

2. Avoid Unregulated Brokers

3. Cross-Check Contact Information

4. Do not Fall for “Too Good to Be True” Promises

5. Test with a Demo Account First

img_v3_02p3_ca07323a-029e-4b02-8f62-f507c47f619g.jpg

6. Read Online Reviews

7. Do Your Research

8. Do not Rush

9. Report Suspicious Activity

10. Keep Records

Join WikiFX Community

Be attentive and stay updated with WikiFX. You can get all the information you need to know 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. You have joined!

WIKIFX SCAN.jpg
Scam AlertInvestment ScamFraud AlertForex tradingForex BrokerForex newsforex market

Related broker

Regulated
VERTEX
Company name:Vertex Securities Limited
Score
7.22
Website:https://www.vertexbroking.com
5-10 years | Regulated in India | Forex Trading License (AGN) | Self-developed
Score
7.22

Read more

FCA Warns EXOTICINVEST on 3 September 2026 with Seven Checks Before Paying

FCA warns EXOTICINVEST in a notice first published and updated on 3 September 2026. The UK regulator identifies EXOTICINVEST TRADING AND INVESTMENT FIRM and the website www.exoticinvest.ltd, stating that the firm is not authorised and may be targeting people in the UK. This is a dated regulatory warning, not a customer review or a confirmed loss report. Anyone approached through the named website should stop before paying, avoid sharing login credentials and verify the exact business independently through the FCA Firm Checker.

Original 2026-09-07 21:24

FTMO Global Markets Review for India: RBI FTMO Entry and Licence GB21027119

This FTMO Global Markets review starts with a naming problem. The RBI Alert List updated 22 October 2024 names FTMO and links to ftmo.com/en at item 13. FTMO's current contact page separately lists FTMO Global Markets in Mauritius, company ID C187370 and licence GB21027119. Its January 2025 privacy policy describes FTMO Global Markets Ltd as a Mauritius investment dealer. These records do not prove RBI authorisation for the broker domain, and they do not justify treating every FTMO-branded service as the same product or legal entity.

Original 2026-09-07 21:13

XMR Markets Review 2026: Allegations of Failed Withdrawals & Bonuses

XMR MARKETS, a South Africa-based brokerage entity, continues to face user allegations questioning the authenticity of its withdrawal processes. Some complaints also talk about bonuses failing to reflect in the traders' accounts. Users have reported these allegations on broker review platforms such as WikiFX. In this XMR MARKETS review, we have examined user complaints and provided a regulatory overview of the broker.

Original 2026-09-07 21:06

DMA Trading vs OTC Trading - Which Suits You?

Foreign exchange trading is basically of two types: Direct Market Access (DMA) and Over the Counter (OTC). Both come with their own pros and cons. It’s important to understand these two concepts before figuring out the differences between them. In this article, we will explain all of these.

Original 2026-09-05 16:30

WikiFX Express

SBCFX
TMGM
GTCFX
Exness
XM
EC markets
FXTM
AvaTrade
FOREX.com
IC

WikiFX Broker

FXTM

FXTM

Regulated
ATFX

ATFX

Regulated
ACCM

ACCM

Regulated
GTCFX

GTCFX

Regulated
SBCFX

SBCFX

Stop of Business
EBC FINANCIAL GROUP

EBC FINANCIAL GROUP

Regulated
FXTM

FXTM

Regulated
ATFX

ATFX

Regulated
ACCM

ACCM

Regulated
GTCFX

GTCFX

Regulated
SBCFX

SBCFX

Stop of Business
EBC FINANCIAL GROUP

EBC FINANCIAL GROUP

Regulated

WikiFX Broker

FXTM

FXTM

Regulated
ATFX

ATFX

Regulated
ACCM

ACCM

Regulated
GTCFX

GTCFX

Regulated
SBCFX

SBCFX

Stop of Business
EBC FINANCIAL GROUP

EBC FINANCIAL GROUP

Regulated
FXTM

FXTM

Regulated
ATFX

ATFX

Regulated
ACCM

ACCM

Regulated
GTCFX

GTCFX

Regulated
SBCFX

SBCFX

Stop of Business
EBC FINANCIAL GROUP

EBC FINANCIAL GROUP

Regulated

Latest News

XMR Markets Review 2026: Allegations of Failed Withdrawals & Bonuses

WikiFX
2026-09-07 21:06

Do You Know Your Cost of Swinging Gold? Gold CFD Costs Shift From Spreads To Overnight Fees

WikiFX
2026-09-07 11:08

OANDA Is Shutting Down MT4 Trading by 25 September 2026

WikiFX
2026-09-07 11:27

Couple Faced Over RM1.5 Million Loss After Stock Tip Scheme

WikiFX
2026-09-07 10:26

USDCAD H4 | Bearish Rejection — Downside Targets in Focus

WikiFX
2026-09-05 19:00

Australian Dollar drifts higher above 0.7200 despite as strong US NFP

WikiFX
2026-09-07 07:35

Vietnam: Inflation and trade trends shape VND – Commerzbank

WikiFX
2026-09-08 04:18

United States Dollar Index trades under pressure as Yen buying accelerates

WikiFX
2026-09-08 02:03

Australian Dollar posts fresh three-month high amid hawkish RBA prospects

WikiFX
2026-09-07 14:47

British Pound climbs as USD fades, Hormuz risk keeps Fed in play

WikiFX
2026-09-08 00:51

Rate Calc

USD
CNY
Current Rate: 0

Amount

USD

Available

CNY
Calculate

You may also like

Mula

Mula

NetFinOndo

NetFinOndo

Catchnex

Catchnex

Colbari

Colbari

Ryumount

Ryumount

AUX Global

AUX Global

PANGAEA

PANGAEA

Apex Elites

Apex Elites

Cryptixchain

Cryptixchain

Fintryvest

Fintryvest