Archives: Brokers

Is FxFixed Scam or Legit Broker? No, it is not safe to trade with FxFixed as it is not regulated. The broker is owned and operated by Unigreen Korlatolt Felelossegu Tarsasag, and located in Budapest, Hungary. However, we didn’t find any mentions about this broker in the register of the Hungarian regulator as well asRead More

Is Concept4X Scam or Legit Broker? No, it is not safe to trade with Concept4X as it is not regulated. Concept4X is owned by AllGreen Capital Ltd., which is an offshore company registered in Dominica (Read Dominica registered TradersWay Review). Dominica is notorious for its practically absent requirements and regulations. Due to the setup costRead More

Is Spectre Scam or Legit Broker? Spectre is not a secure Forex broker since it does not hold a license from any worldwide serious Forex authority.  Spectre Trading Ltd is incorporated in St. Vincent & the Grenadines as an International Business Company with registration number 25113 IBC 2018. However, the fact is that St. VincentRead More

Is RoyalsFX Scam or Legit Broker? It is not safe to trade with a Forex broker RoyalsFX, as it is an unregulated firm. The broker does not provide the company behind the brand’s name and claims to be located in Geneva, Switzerland. However, the terms and conditions on the website state that RoyalsFx is underRead More

Is Royaltd24 Scam or Legit Broker? No, it is not safe to trade with Royaltd24, as it is an offshore company. Royaltd24 is the Company, operated by RL Ltd., Marshall Islands. The Marshall Islands is notorious for its practically absent requirements and regulations. Due to the setup cost being low, it does not regulate forexRead More

Is WDC Markets Scam or Legit Broker? No, it is not safe to trade with WDC Markets as it is not regulated. WDC Markets is owned by FTG Solutions LTD (Registered number: 1994899), First Floor, Mandar House, Johnson’s Ghut, P.O. Box 3257, Road Town, Tortola, British Virgin Islands and operated from Tornimae 5, Tallinn, 10145,Read More

Is LionsFM Scam or Legit Broker? No, it is not safe to trade with LionsFM, as it is an offshore company. LionsFM is owned and operated by EQUAL TARGET LTD. company with number 101932, incorporated in the Republic Of The Marshall Islands. In fact, the Marshall Islands is an offshore zone attracting various firms thatRead More

  Is AMarkets Scam or Legit broker? AMarkets is not one of the secure Forex Brokers 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 ofRead More

Is TraderKing Scam or Legit Broker? No, it is not safe to trade with TraderKing as it is an offshore broker. The broker is owned and operated by a group of companies which have included Lotens Partners LTD, company registration number: 25471 and registered address: Suite 305, Griffith Corporate Centre, P.O. Box 1510, Beachmont, Kingstown,Read More

  Is Fx Option Trade247 Scam or Legit Broker?   Fx Option Trade247 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 monitoredRead More