Archives: Brokers

Is Kronosinvest Scam or Legit Broker? It is not safe to trade with a Forex broker Kronosinvest. It claims to be owned and operated by KRONOSINVEST Ltd, however, it doesn’t provide any information about its regulation or location, no contact phone numbers as well. The lack of these details should be considered the main redRead More

Is MidasGlobe Scam or Legit Broker? MidasGlobe is a 100% fraud company. The broker is registered offshore and does not hold any proper license from a well-known reliable financial regulator. It is NOT SAFE to trade MidasGlobe. We never advise trading with an offshore broker, since the financial investment service they deliver is not trustable.Read More

Is PrimeXBT Scam or Legit Broker? It is not safe to trade with it, as it is an offshore broker. PrimeXBT is owned and operated by two companies, both registered offshore. Trading Services Ltd is a Seychelles company Reg. nr. 206865 and Prime Technologies Ltd. is registered in St. Vincent and Grenadines company nr. 25369BC2019.Read More

Is FTE FX  Scam or Legit Broker? No, it is not safe to trade with FTE FX as it is an offshore broker. Ftefx is operated by Ace Capital Ltd, with registration number: 25324 BC 2019, St. Vincent and the Grenadines.  St. Vincent and the Grenadines is notorious for its practically absent requirements and regulations.Read More

Is Titan FX Scam or Legit Broker? It is not safe to trade with Titan FX, as it is an offshore broker (Forex Broker). Titan FX is owned by Titan FX Limited which is an offshore company registered in Vanuatu and claims to be registered with a Vanuatu Financial Services Commission (VFSC) license. Vanuatu isRead More

Is FX NextGen Scam or Legit Broker? It is not safe to trade with FX NextGen as it is an offshore broker. According to the broker’s website, FX NextGen Ltd is registered in the Republic of Georgia with Company ID 404574769 and carries a business license from Hualing Free Industrial Zone with License Number 0110/290.Read More

Is AnyTrades Scam or Legit broker? AnyTrades is not a secure Forex broker since it does not hold a license from any worldwide serious Forex authority. Meaning the broker is suspected of being a fraud company since it was not checked for its compliance before establishment, was never monitored in terms of its safety, andRead More

Is FXprime Scam or Legit broker? It is not safe to trade with FXprime as it is an offshore broker. FXprime is owned and operated by Royal Gates LTD, registered in St. Vincent and the Grenadines. However, the fact is that St. Vincent and the Grenadines is an offshore zone, which does register the financialRead More

Is Arum Trade Scam or Legit Broker? No, it is not safe to trade with Arum Trade as it is an offshore entity. ARUM Trade LTD is a Vanuatu Investment Firm incorporated and registered under the laws of the Republic of Vanuatu. T The Vanuatu jurisdiction gained its popularity among the investors and business ownersRead More

Is CobraCFD Scam or Legit Broker? No, it is not safe to trade with CobraCFD, as it is an offshore company. Cobracfd is owned and operated by Cobracfd Ltd and Kings Power Ltd. registered in Trust Company Complex, the Marshall Islands. The Marshall Islands is notorious for its practically absent requirements and regulations. Due toRead More