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The end goal is almost always the same - scam your money.
Abstract:Fraudulent brokers are any illegitimate entities used to deceive traders into fraud or malicious attacks. Scammers work in a wide variety of ways, from claiming false strict regulation, fast and convenient withdrawal to other deceptive formats to give the impression of legitimacy.

Understanding exactly who are illegal and unregulated brokers and how to avoid dealing with them is an essential part of protecting your money. Therefore, BrokersView sets up “Scam” to facilitate public understanding of unlicensed brokers. After our exposure, fraudulent forex brokers have accelerated to close their websites. Recently, we found 16 unlicensed brokers are no longer to be available to everyone now. Here is the list:
1. OREANA
Website: https://www.oreanafx.com/
2. Freyr
Website: https://www.freyrfx.com/
3. IGC Markets
Website: https://igcmarkets.com/
4. CDFX
Website: https://www.cdfxcapital.com/
5. TradeLTD
Website: https://www.tradeltd.com/
6. Lebway
Website: https://www.lebwayz.com/en/index.htm
7. Vibeinvest
Website: https://www.vibeinv24.com/
8. 365 Capital FX
Website: https://www.365capitalfx.com/
9. InfinityCapitalG
Website: https://infinitycapitalg.com/
10. FMarketX
Website: https://fmarketx.com/
11. HYCMFX
Website: https://www.hycmfx.com/
12. Fx Option Trade247
Website: https://www.fxoptiontrade247.com/
13. Cheonan International
Website: https://www.cheonan.uk/en/
14. Forex Steady
Website: https://www.steady168.com/
15. WBFX
Website: https://wbfx.io/
16. ING CAPITAL
Website: https://ing.capital/
If you want to know more detailed information about these brokers, you can click the underlined tracking link. For each one, we expressed strong reasons why it is concluded as a scam.

Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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