Archives: Brokers

Is LCMFX Scam or Legit Broker? LCMFX is not a safe broker to trade with. LCMFX is an offshore broker located in Saint Vincent and The Grenadines. The broker boasts about its high-level services and years of immaculate experience, however, it does not hold any license from world-known financial authorities, which is a big redRead More

Is Forex Market Income Scam or Legit Broker? No, Forex Market Income is not a safe broker to trade with. The registered address of the broker provided on its website is 5895 W Olympic Blvd, Los Angeles, CA 90036, USA. Clearly, the broker is located in the United States, however, it does not hold anyRead More

Is Alpha Trading Hub Scam or Legit Broker? No, it is not safe to trade with Alpha Trading Hub. The broker does not hold a serious license from a world-known financial authority. Instead, it is authorized by the MWALI INTERNATIONAL SERVICES AUTHORITY with license number T2023165 registered in P.B. 1257 Bonovo Road, Fomboni, Comoros, KM.Read More

Is COIN-ROYAL Scam or Legit Broker? No, COIN-ROYAL is not a safe broker. The broker is registered in an offshore zone – Saint Vincent and the Grenadines under registration number 26181 BC 2021. However, it is well-known that offshore brokers are unreliable, and signing in with them might put traders’ investments at risk. Brokers registeredRead More

Is  Swiss Capital Scam or Legit Broker? No, Swiss Capital is not a safe broker to trade with. Swiss Capital does not hold any license, which is one of the greatest drawbacks of any financial investment firm. Generally, all offshore and unregulated brokers are not reliable and might turn out to be scams. To avoidRead More

Is Argon Financial Scam or Legit Broker? No, Argon Financial is not a safe broker to trade with. Based on the website Argon Financial Limited is based in Gibraltar and operates under the authorization and regulation of the Gibraltar Financial Services Commission (ref FSC0824MIF) additionally website mentions that it is subject to limited regulation byRead More

Is  Zebra Finance Scam or Legit Broker? Zebra Finance is not a safe broker to trade with. This is an unregistered broker, that does not hold any type of license. In fact, the company fails to mention its registration address, or any contact information, which is a huge red flag in forex trading. It isRead More

Is MTrading Scam or Legit Broker? MTrading is not a safe broker to sign with. The reason is evident: the Broker does not hold any serious license that provide safe trading condiitons. On its website, the broker mentions that MTrading operate via Nevis entity and owned by Finvest Solutions Limited, with a registration number ofRead More

Is OspreyFX Scam or Legit Broker? It is not safe to sign in with OspreyFX. The main reason to stay away from the broker is its offshore registration. The Broker does not hold any serious license that provides a safe trading environment. Instead, it is registered in St. Vincent and the Grenadines. The latter isRead More

Is T4Trade Scam or Legit Broker? No, it is not safe to trade with T4Trade. Based on the information provided on the broker’s website, T4Trade is registered in Seychelles with license number SD029. The latter is a widely known offshore jurisdiction that lacks comprehensive guidelines and regulations.  The fact that T4Trade has an offshore registrationRead More