Lured by a deepfake video, retiree lost over $4,000 in an investment scheme
Investment scams recorded the highest amount of losses, at about $145.4 million, in the first half of 2025.
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
Abstract:Wikifx reveals the list of the most complained brokers in August 2023 in India. Wikifx received numerous complaints from customers, highlighting their poor service and questionable practices against these brokers. It is important for investors to be aware of these brokers in order to make informed decisions and protect their hard-earned money. Check out the list of Fraudulent brokers and stay safe.

Wikifx reveals the list of the most complained brokers in August 2023 in India. Wikifx received numerous complaints from customers, highlighting their poor service and questionable practices against these brokers. It is important for investors to be aware of these brokers in order to make informed decisions and protect their hard-earned money. Check out the list of Fraudulent brokers and stay safe.
CAPPMOREFX is a forex broker that claims to offer a wide range of trading services and investment opportunities. According to its website, the company provides access to various financial markets, including forex, stocks, commodities, and cryptocurrencies. It also boasts competitive spreads, flexible leverage options, and advanced trading tools.

Elland Road Capital is a regulated financial service corporate based in South Africa. They offer MT4/5 white label services and cater to regional brokers. However, the broker has been associated with suspicious activities and high potential risk, as indicated by multiple complaints and warnings from WikiFX.

Fine Capitals is a UK-registered online forex broker, established in 2022, boasting of offering clients access to massive financial markets such as forex, spot metals, energies and indices. Fine Capitals is the trading name of Fine Capital Ltd, a company incorporated in the United Kingdom as limited liability company number 13120655, with its registered office at 20-22 Wenlock Road, London, n17gu, England.

BlaFX is a trading platform that prioritizes regulatory compliance to provide a secure and trustworthy environment for and holds a Retail Forex License from the Vanuatu Financial Services Commission (VFSC). These regulatory licenses validate BlaFX's adherence to stringent regulations and industry standards, ensuring client protection, market integrity, and adherence to financial guidelines.

Hiltonmetafx is a newly established trading platform based in the Philippines. They claim to offer users access to over 2100 trading products, with leverage of up to 200. However, it's important to note that this broker is not regulated by any valid regulatory authority.

WaveFX is a corrupt investment scheme disguised as a Forex broker. It advertises trading in a wide range of assets, including forex and various CFDs, but in fact, doesnt facilitate any trading activity. And of course, it operates without any authorization Read the review if you want to know more about this fraudulent brokerage.

SDFX Global is an unregulated brokerage firm based in India, offering forex trading services without any specific regulatory oversight. It provides access to market instruments for forex trading, accepts deposits and withdrawals exclusively through bank transfers, and offers customer service through various communication channels.

Live-forex trade Regulation & Licensing warning: live-forex trade Limited with registration number 8424819-1 is a company registered under the Laws of USA and is licensed by the Financial Services Authority (FSA) of USA with a Securities Dealer License No: SD037.

Wikifx encourages Investors to thoroughly research brokers and consider customer reviews before making any investment decisions. By staying informed and vigilant, investors can download WikiFX app on their smartphone to stay updated with the latest news of Forex To learn more about the security and reliability of your chosen brokers, visit www.wikifx.com or download our free app from Google Play or app store.

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.

Investment scams recorded the highest amount of losses, at about $145.4 million, in the first half of 2025.

Ho Chi Minh City, Vietnam – The WikiFX Elite Club recently concluded a successful offline pickleball networking event, “Elite Gathering Day · Vietnam: Rally for Connection, Rally for Healthy Development.” The event drew over 50 local industry participants, including prominent Introducing Brokers (IBs), Key Opinion Leaders (KOLs), and representatives from multiple trading firms. This unique gathering seamlessly blended sporting energy with high-value professional networking.

Latest India Mazi Finance scam: Failed XAUUSD execution despite margin, costing $675—fake “insufficient balance” excuse. Protect funds, read the full report now!

Does Pemaxx prevent you from withdrawing funds once you make profits? Has the Mauritius-based forex broker disabled your trading account upon your withdrawal request? Do you fail to withdraw funds despite meeting the trading lot requirements? These scam-like trading activities have allegedly become a part of the broker’s operation, as many traders have complained about them online. In this Pemaxx review article, we have highlighted their comments against the forex broker. Keep reading!