Global Broker Regulation Inquiry App

About WikiFX

Broker Search

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

Download

WikiFX Express

Scam Alert: Revealing Top Four Forex Scam Tactics Employed to Dupe Investors

15 Brokers FCA Says "Are Operating Illegally" Beware!

WikiFX

| 2025-07-18

Abstract：If a reputable regulator issues a warning about unlicensed brokers, it's important to take it seriously — whether you're a trader or an investor. Here is a list you can check out- be cautious and avoid getting involved with these scam brokers.

If a Reputable regulator Such as FCA issues a warning about unlicensed brokers. You must take Seriously whether you ar e a trader or an investor. Here is a list you can check out- be cautious and avoid getting involved with these scam brokers.

1. Name: WealthForge/www.Wealthforge.ltd

Address: 36 CHAIRMINSTER ROAD, BOURNEMOUTH, BH8 8UW

Mobile: 07721558697

Email: admin@wealthforge.ltd

Website: https://wealthforge.ltd/

2. Name: Trader Chenix

Website: https://https://trader-chenix.net/, https://traderchenix.net/

3. Name: Wealth Phantom / wealth-phantom.net

Website: www.wealth-phantom.net

4. Name: Quantum Income / quantum-income.net

Website: www.quantum-income.net

5. Name: Safestaker.com

Address: 56 Frys Lane, Everton, Lymington, UNITED KINGDOM, SO41 0JY

Email: support@safestaker.com

Website: https://safestaker.com

6. Name: AccuTrader Plus

Website: www.accutraderplusapp.net

7. Name: Trade App / trade-appai.net

Website: www.trade-appai.net

8. Name: Power Trades

Website: www.power-trades-ai.net, www.powertradesapp.net

9. Name: TradeGPT / tradegpt-ai.net

Website: www.tradegpt-ai.net

10. Name: cryptohopperapp.net

Website: www.cryptohopperapp.net

11. Name: Trading Pro Lexipro

Website: www.trading-pro-lexipro.net, www.trading-pro-lexipro.net, www.tradingprolexipro.net, www.tradingprolexipro.net

12. Name: Lunovex Trader 4.1

Website: www.lunovextrader41.net

13. Name: FUSIONTRADE

Address: 12 Throgmorton Avenue, London, EC2N 2DL

Email: support@fusiontrade.online

Website: https://fusiontrade.org/

14. Name: VINCOS LIMITED

Address: 1st Floor 35 Park Lane, London, W1K 1RB

Mobile: 07903056291

Email: contact@vincoslimited.com

Website: https://vincoslimited.com/

15. Name: EvoluxeTrade

Address: 44 Essex Rd, Taunton, TA1 3EE

Email: support@evoluxetrade.com

Website: https://evoluxetrade.com/

Find 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.

Check this Important Article too - www.wikifx.com/en/newsdetail/202507187734246343.html

FCA Warns You

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.

Become a Member of the WikiFX Community & Get the Latest Updates

Investment scams have become a reality in the Forex market. While trading forex, you can avoid these scams by staying informed and alert. Therefore, be attentive and stay updated with fraud alerts. With WikiFX, you can get all the information you need 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. Congratulations! You have Joined the Group

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.

Forex trading Forex Broker Forex news forex market fca Scam Alert Ponzi Scheme Investment Scam Fraud Alert Broker

Scam Alert: Revealing Top Four Forex Scam Tactics Employed to Dupe Investors

Related Brokers

Not Regulated

EvoluxeTrade

https://evoluxetrade.com/

1.29

Score

2-5 yearsQuestionable Regulatory LicenseSuspicious Operational RegionHigh Potential Risk

1.29

Score

FCA-Regulated Forex Brokers Are Declining — 31 Platforms to Avoid

As of December 1, 2025, a total of 105 companies in the United Kingdom held CFD licences.

Original 1h

Dbinvesting Exposed: Inside the Shocking Fund Scam Allegations Traders Can’t Ignore

Has Dbinvesting failed to honor your fund withdrawal requests? Did you notice that the broker remained fine when you were losing and turned worse as your numbers gained on the Dbinvesting login? Did the broker wipe out your profits and block your trading account? Many such allegations from users across India, the US and other regions have become headlines on broker review platforms such as WikiFX. To make it comprehensive, we have prepared an in-depth investigation report into user allegations, the company’s products and services, and, importantly, regulatory status, in this Dbinvesting review article.

Original Three days ago

Top 5 Reasons Why Rupee Slips Below 95 Twice in 2026

Times are tough for the rupee as it again slipped to 95 against the USD towards the end of April 2026 after some gains due to the RBI-led interventions early this month. The depreciation is largely attributable to surging crude oil prices. The prices climbed to their 3-year high over the US-Iran conflict. On April 30, 2026, the rupee opened at 95.02 mark against the USD, sliding 0.2% from its previous day’s ending at 94.84 against the greenback. As the day progressed, it slipped further to a new record low of 95.32 against the USD, beating the earlier fall of 95.22 in March 2026.

Original Three days ago

AssetsFX Safety Review: Understanding the Warning Signs and User Concerns

When you ask, "Is AssetsFX legit?", you're asking an important question about keeping your funds safe. After looking at all the available information, the answer is concerning: AssetsFX shows serious risks that traders should worry about. Our research found multiple problems that can't be overlooked. WikiFX, a website that checks brokers worldwide, gives AssetsFX only 2.44 points out of 10. They also warn users: "Low score, please stay away!" This very low rating isn't random. It comes from two main problems: the company doesn't have proper licenses from respected authorities, and many users have complained about losing funds. This article will explain the evidence behind this rating, giving you the facts you need to make a smart choice and protect your investments.

Original Three days ago