Archives: Brokers

Is By Trading Scam or Legit Broker? No, By Trading is a Non-Regulated Broker. It is NOT SAFE to trade. The broker is not regulated by any reliable authority, thus investing with the company means risking your money.  BY Trading firm caught the attention of the respected FMA authority, while the warning to investors wasRead More

Is Eternal Wealth Group Scam or Legit Broker? Eternal Wealth Group is a 100% fraud company. Although the broker claims to be regulated by ASIC under registration number 427848, in reality, there is no such entity registered by ASIC. We never advise trading with an unregulated broker, since the financial investment service they deliver isRead More

Is Fullerton Markets Scam or Legit Broker? Fullerton Markets is not a safe broker as it does not hold any serious license. On its website, the broker provides its address (Euro House, Richmond Hill Road, P.O. Box 2897, Kingstown, St. Vincent, and the Grenadines) which shows it is registered in St. Vincent and the GrenadinesRead More

Is Tradefx24 Scam or Legit Broker? Tradefx24 is not a safe broker. The company is registered in Seychelles (Seychelles, Mahe, Providence, Rue de la Perle, Global Gateway 8). This means that the broker does not hold serious and top-tier regulations that will provide a secure trading environment. Despite the efforts to position itself as aRead More

Is KonohaFX Scam or Legit Broker? KonohaFX is not a safe broker to trade with. Although the broker tries to position itself as a trustworthy broker with favorable conditions, it still does not hold any licenses, which is an immediate red flag for any broker. Services offered by KonohaFX are questionable and non-transparent. Besides manyRead More

Is CDG Global Scam or Legit Broker? CDG Global is not a safe broker to invest in. The broker is located in Saint Vincent and the Grenadines with registration number 1726 LLC. CDG Global positions itself as a good and reliable broker with favorable offerings, however, it’s common knowledge that Saint Vincent and the GrenadinesRead More

Is GemForex Scam or Legit Broker? GemForex is not a safe broker to invest in. GemForex is a part of GemForex Limited which is regulated by the Seychelles Financial Services Authority (FSA), with the registration number 076092. The broker has been present in the market for more than a decade and offers good trading conditions,Read More

Is Gemliteassetsltd Scam or Legit Broker? It is not safe to trade with Gemliteassetsltd. On its website the broker praises its reliability, claiming that it conducts absolutely legal activities. However, as proof, the broker has nothing to display. Gemliteassetsltd is not a regulated broker and it does not hold any license – neither from aRead More

Is TP Global FX Scam or Legit Broker? TP Global FX is not a safe broker for investments. The broker has no license from a world top-tier financial regulatory authority. Instead, based on the information provided on the broker’s website, TP Global FX is registered in two offshore zones: TP Global FX is registered inRead More

Is Tenko FX Scam or Legit Broker? Tenko FX is not safe to trade with. The broker is suspected to be a scam. Although the broker states its years of experience and favorable conditions, it does not provide any information about registration. In Forex trading it is essential to trade with only a reliable brokerRead More