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.
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Abstract:Duration: August 26, 2025 – October 10, 2025 Eligibility: Must be a genuine account holder of a broker

Duration: August 26, 2025 – October 10, 2025
Eligibility: Must be a genuine account holder of a broker
Dear WikiFX Community Members,
The highly anticipated “Broker Review Contest” is back! This time, with an even louder voice, we invite you to collectively paint a true picture of the forex industry!
We sincerely invite you, as firsthand users of brokers, to take part in the WikiFX community:
@ the brokers you‘ve used—whether it’s sharp critiques to avoid pitfalls or heartfelt recommendations for “hidden gems”, boldly share your real experiences!
Add the exclusive hashtag #RealBrokerExperience to make your voice resonate across the global trading community and be seen by millions of traders!
To thank the community members, were offering generous rewards this time: Join the in-app community to explore the benefits!
STEP 1: Post a Broker Review in the Community
Reference Template: Following the template increases your chances of gaining attention from other forex users and winning prizes!
How to Join Communities:
Attach screenshots of the joining process for each region.
2. Violation Categories
| Violation Type | Specific Action | Penalty |
| Identity Fraud | Multi-account farming | Permanent ban + reward recall |
| Content Plagiarism | Copying/modifying others analyses | 1-month participation ban |
| Data Manipulation | Using bots to inflate engagement | 90-day account suspension |
| Malicious Interference | Attacking experts/other users | 30-day communication ban |
| Mass AI-Generated Content | AI detection rate >60% | Disqualification from rewards |

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.

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

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.

In the latest news that further establishes India as the destination for gold, the data issued by CareEdge Ratings demonstrated the country’s never-ending love for the yellow metal with a record investment surge of approximately 40% of overall consumption in Calendar Year 2025. This is arguably the highest in recent times. The ETF inflows alone added 37.5 tonnes, surpassing the combined investment of the last ten years. According to the ratings agency, geopolitical uncertainty and record prices made people quickly move away from jewellery.

BotBro is a Dubai-based forex broker that has continued to grab headlines for years, with its name being involved in one scam after another. In the latest episode, its name was found in the alleged INR 800 crore forex and crypto trading scam in Goa. Top-level agencies, including the Enforcement Directorate (ED), are investigating the case. They have labeled the platform as a Ponzi scheme. The platform is disguised as an AI-powered forex trading app. In connection with this case, the Goa Police Economic Offences Cell (EOC) filed a First Information Report (FIR) against 10 individuals, including the company owner, Lavish Chaudhary Alias Nawab Ali, for fund misappropriation worth over INR 7.3 crore. Read on as we share the BotBro review in this article.