Archives: Brokers

Is Videforex Scam or Legit Broker? Videforex 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 Elite Trading Scam or Legit Broker? No, it is not safe to trade with Elite Trading as it is not regulated. Elite Trading is owned and operated by Netbit services and solutions limited, Reg. Number 14718830, Address: Harju County, Tallinn, Estonia.  The broker doesn’t provide any information about its regulation or license and itRead More

  Is TradersWay Scam or Legit? TradersWay 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 Hugo’s Way Scam or Legit Broker? It is not safe to trade with Hugo’s Way, as it is unregulated. Hugo’s Way is owned by Hugo’s Way Limited which is an offshore company registered in St. Vincent and the Grenadines.  However, the fact is that St. Vincent and the Grenadines is an offshore zone, which doesRead More

  Is Olymp Trade Scam or Legit Broker? After conducting thorough research we found that Olymp Trade is suspected to be a fraud company. It is an offshore company that has no serious regulations. We advise traders not to sign with Olymp Trade. The broker is not regulated and does not comply with strict internationalRead More