World Cup Fever Is Here! Choose your broker like you choose your team
Join WikiFX and investors worldwide in celebrating the excitement of the 2026 FIFA World Cup!
Original
Global Broker Regulation Inquiry App
About WikiFX
English
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
اردو
A Newly Created Website: Unlicensed BreeTrade is a Forex Scam
Abstract：The company has a domain name that was created only a month ago and it also falsely states glorious awards.
A newly created website
BreeTrade has a domain name that was first created in April 2022, only a month ago. However, the companys homepage presents multiple awards in 2018, 2020 and 2021. So how could this happen？ Here is a strong signal that it is a fraud.
An unregulated forex broker
As you can see, BreeTrade claims that it is regulated by the American Futures Association (NFA) under regulatory number 0541392 and is registered in the Companies House of the United Kingdom under company registration number 09110851.
▶ Not an NFA member
When we searched with the regulatory number on the NFA Registry, we found BreeTrade is not an NFA Member. That means the firm is not allowed to offer forex investment activities as it is not supervised by NFA.
▶ Only registered in the UK Companies House
Headquartered in the UK, BreeTrade is only registered in the UK Companies House(company number: 09110851).
▶ Not a legitimate UK-based forex broker
However, the Companies House doesnt regulate any forex activities of British companies, it is the Financial Conduct Authority (FCA) that supervises currency activities in the UK market. And when we searched on the FCA registry, we found no registration results for BreeTrade. That means it is an unlicensed UK-based forex broker.
Based on the above information, we can conclude that BreeTrade is 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.
Long Short Slippage Leverage Indicator Quoted currency Roll-Over US Non-farm Payrolls Broker Clearing Commission Currency Pair Dealer Future Inflation Arbitrage Spot Market Spot Price Contract Interest Net Position Devaluation BOE PBOC Volume Liquidity Margin knowledge Learn basic forex Forex trading Forex margin Forex Chart Forex indicator support and resistance Forex Broker Forex strategy Forex Currency pair Forex Analysis Forex news leverage in forex forex pips Basic forex knowledge forex market forex beginners FSCA monetary policy mortgage-backed securities interest rates inflationary Non-farm payrolls Ramadan Stock
Further Reading
Indian Stocks Take a Beating, Sensex Falls by Over 600 Points Today: Check Out Why
Indian stock markets witnessed a sharp low in the early trading hours on Monday. While the Sensex fell by more than 600 points, Nifty slumped under 23,200. The fall in the stock market today is the investors’ reaction to the escalating tensions in the Middle East, a surge in crude oil prices and weakness across markets worldwide. At around 9:30 a.m. on June 8, 2026, the BSE Sensex dropped by 627.47 points to 73,615.87, recording a fall of 0.85%. At the same time, the Nifty declined by 195.40 points to 23,171.30, registering a 0.84% fall. The selloff was broad based, with most sectoral indices slipping into red. Nifty IT, Nifty Realty, Nifty Auto and Nifty Metal slipped by 1.61%, 1.68%, 1.21% and 1.31%, respectively. Even the Nifty Midcap 100 and Nifty Smallcap 100 declined by 0.73% and 0.63%, respectively. As far as Sensex stocks are concerned, only State Bank of India, Axis Bank, Power Grid Corporation of India and Sun Pharmaceutical Industries were found to be green. Among the one
Original
Pepperstone Review 2026: Massive Deposit & Withdrawal Complaints Against This Regulated Broker
Have you experienced issues with Pepperstone deposit & withdrawal processing? From your experience, do you feel that the Australia-based forex broker causes losses to its clients? Did the brokerage entity freeze your account and give you a margin call? All these trading allegations have been rampant on broker review platforms such as WikiFX. This Pepperstone review article takes a close look at the user complaints, especially in 2026. Additionally, we have given an overview of the regulatory framework under which the brokerage entity operates.
Original
Wundersys vs tradgrip: Two Offshore Newcomers Go Head to Head — and Neither Brings Home a Trophy
Some broker comparisons end with a confident "go with this one." This is not one of them — and that honesty is exactly what makes it worth reading. Wundersys and tradgrip are two young, offshore-registered brokers that keep popping up in front of beginner traders, often through aggressive online marketing. Both promise the usual buffet: tight spreads, generous leverage, multiple account tiers. And both, according to WikiFX, sit near the very bottom of the safety scale. So instead of crowning a champion, this comparison is really about something more useful: learning to read the warning signs, understanding the small differences that still matter, and knowing why "the better of two risky options" is still a conversation about risk.
Original
WikiFX Broker
Latest News
Dollar Hits Two-Month High Amid Surging Yields
WikiFXGetting Started in Forex: Understanding Currency Pairs, Central Banks, and Legal Risks
WikiFXKeeping Your Forex Profits Safe With Trailing Stop Losses
WikiFXHEADWAY Review: Broker Complaints Point to Withdrawals, Zeroed Balances, and Login Blocks
WikiFXIndian Stocks Take a Beating, Sensex Falls by Over 600 Points Today: Check Out Why
WikiFXReview 2026: Japan FSA Regulation, Platform Access, and Complaint Signals
WikiFXThe Market's Ledger: Why Price Returns to Fill Liquidity Voids
WikiFXPosition Sizing Math For Steady Small Account Growth
WikiFXThe May inflation numbers are due out Wednesday morning. Here's what to expect
WikiFXIndia Left Reeling as Net FDI Crashes from $28 Billion to Just $1 Billion in Two Years
WikiFXCurrency Calculator
USD
CNY
Current Rate:0
Enter amount
USD
Redeemable Amount
CNY
Calculate 