Fraudulent Brokers

 

Have you suffered the bad luck of running into a fraudulent broker? Do you feel scammed by your broker? 

Believe it or not, what we have mentioned above is very normal, as forex and CFD trading has become hugely popular in recent years. Therefore, the number of people who lose their money with fraudulent brokers has also become popular.

In this section we give you a space for you to leave a comment mentioning your experience, you can search in our brokers list, all the reviews we have written, and look there for the company with which you have had problems. If you can't find it, you can leave a comment, or send us a private message through our contact section, telling us about your experience.

 

How to recognize a fraudulent broker?

We have received hundreds of messages from inexperienced people who, due to ignorance, end up investing with a broker with whom it is not worth investing. While you are here, we will give you some tips so that you can recognize a fraudulent broker:

  • Offers binary options
  • It is an UNREGULATED broker
  • Hides key information, such as its regulation or lack of it
  • Especially advertise cryptocurrencies
  • The broker is based in countries such as: Estonia, Russia, Bulgaria, The Bahamas, Marshall Islands, Seychelles, Saint Kitts and Nevis,
  • It has an automatic system
  • It has an automated system (a few years ago a forex robot was very popular) that makes you earn a lot of money very easily
  • They promise you a lot of profits, in a very short time and in a 100% safe way, and they tell you that you only have to deposit your capital
  • He has inside information that makes him earn a lot of money, very easily
  • You have reached it through advertisements such as The Bitcoin Code or Dubai Lifestyle, where they basically tell you that you will earn a lot of money very easy, if you give your information and register
  • The website is very poorly designed
  • The website is a copy of the websites of companies that have previously been identified as scammers
  • Does not have social networks
  • If you search for information about them on the internet, they have a very negative reputation

By this we do not mean that, for example, if a broker does not have social networks it is automatically a scam, but if you see many of these signals, you should doubt.

 

claim money with mychargeback

If you think you are being scammed by a broker, or by your advisor, as we told you before, leave us a comment explaining what happened, or contact us through our contact section. We also recommend reading the section on Capital Markets Banc, a broker that has scammed hundreds of people, so that you can read the experiences of those affected.

Remember that it is never too late to share your experience, keep in mind that we have helped and saved the money of thousands of people, thanks to the experiences that people like you, affected or almost scammed by brokers and investment companies that publish on our website . We understand that you may feel bad or that you may feel that your experience will not add up, but this does help, we have discovered hundreds of scam companies thanks to customer comments, we have helped many people thanks to this.

What can I do if I have been scammed?

This is very difficult, since usually these brokers, those who follow these practices, are unregulated companies, with no real location and whose employees also use false names. This means that it is very rarely possible to get the money back, but DO NOT LOSE HOPE. We already told you, if you have problems with your broker, or you think you will have problems in the future, write us a comment here, or a private message explaining what happened.

 

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76 comments on “Fraudulent Brokers”

  1. Hello. It is not clear to me. Advance stox is a company dedicated to scamming?
    I invested with them. 2 months ago and I have seen the funds grow. I invested 230 dollars and now the account has more than a thousand. Although I have not tried to make withdrawals yet. What do they tell me about them?

    1. Hello Elena, everything is fictitious, the money is not put on the market, do not trust them, you can recover the money through our CHAT, this broker called AdvancedStox is a SCAM, many investors have denounced AdvancedStox for fraudulent activities, it is not advisable to invest money in a NON-REGULATED broker. This broker lies in saying that it has regulation and DOES NOT return the money to your customers Don't send any money as in the end YOU WILL LOSE EVERYTHING.

      We recommend all those affected to try recover the money through companies specialized in this type of management from the CHAT what we have on the web or in the following link:
      https://brokersdeforexconfiables.com/recupera-tu-dinero-mychargeback/
      Greetings.

  2. Hello! I am looking for information on OLYMPTRADER olymptrade .com /.
    They are promoted by a Mrs. who calls herself MARIA SANZ in IG is as SANZ_MARIA_
    I really want to know what it is about. I wrote to him through IG but he only sent me 1 automatic message giving me instructions on what I should do in order to register, make my deposit on the page and after that I had to send screenshots showing that I had deposited. I imagine it is for her to receive her commission, which I do not see wrong. Now what does not give me a good feeling is that on the page they tell you that they only pay the profits through the same payment method with which you paid.
    In other words, if I pay with a credit card, they would transfer the money to my credit card, so that's where I see the real problem.
    Well I'm looking for information and I got here. but still nothing is clear to me Thank you!

    1. Hi Pedro, this broker called Olymptrade is a SCAM, many investors have denounced Olymptrade for fraudulent activities, it is not advisable to invest money in a NON-REGULATED broker (or with low level regulation).
      You can read a review and comments about them here: https://brokersdeforexconfiables.com/olymp-trade-opiniones/
      We have received many messages from various clients expressing that THEY CANNOT WITHDRAW THEIR CAPITAL.
      ALL positive comments from this broker are FALSEThey are made by their own workers to confuse investors.
      We recommend all those affected to try recover the money through companies specialized in this type of management from the CHAT what we have on the web or in the following link:
      https://brokersdeforexconfiables.com/recupera-tu-dinero-mychargeback/

      Greetings.

  3. I have been the victim of a hoax from a platform called wtcinversion .com which belongs to many others under the umbrella of ELIT PROPERTY VISION LTD based in Bulgaria at Geo Milev street number 112, Partner Floor, Office 1.
    They are a network of scammers with numerous companies intertwined with allegations of fraud, misappropriation and unfair management.
    They are among them:
    -FENIX TRADING SOLUTIONS SL., NIF B88231287
    Whose administrator is called Rezaeian Mohammadi Majid,
    C / De Los Sueños 9 Puerta B Planta 4 28100 - (Alcobendas) - Madrid.
    In this company they have an account in CAIXABANK. It is shameful for an entity like this to have a criminal as a customer.
    Other companies listed as administrator of Rezaeian Mohammadi Majid are:
    -ADRIAN ARTCO CONSULTIG SL - CIF B88311758
    A capital of € 79.260 has been registered in this
    -BAKIYAN RIVAS TRADE SL - CIF B88207238
    infocif .es / charges-administrator / bakiyan-rivas-trade-sl

    -CREDI FINANCIAL EXPRESS SL., NIF B87512182.
    Address, Paseo de la Castellana number 259, floor 18, CP 28048 MADRID.
    Whose administrator is John Freddy Villamizar.
    This character is listed as an administrator in several companies.

    -COMIP EUROPA SL - CIF B87337911
    -NEWCONEX GLOBAL SOLUTIONS SL - CIF B87512174
    -CASTLEWHITE TOURS SL - CIF B87572889
    -CREDI FINANCIAL EXPRESS SL - CIF B87512182
    -PRESEX SOLUCIONES DE FINANCIACION Y SOLVENCIA SL - CIF B88185921
    All with a capital of € 3.000
    infocif .es / company-file / credi-financial-express-sl

    -INVERPRESS ASESORIA TELEMATICA SL B88274071 whose sole owner and sole administrator is Juan Pablo Arias Nieto.
    infocif .es / company-file / inverpress-asesoria-telematica-sl

    -LISTADOS DE MOROSIDAD SL - CIF B88066345 The sole partner of the company and administrator is Stephany Lorena Montilla Sánchez
    infocif .es / company-file / delinquency-lists-sl

    ELIT PROPERTY VISION LTD - BALI LIMITED LTD has a network of websites that advertise miraculous profits through trade. The three companies mentioned appear to be linked to each other, supporting each other for the sole purpose of committing the crime of usurping money from unsuspecting innocents. His deceptions have caused the ruin of many families.
    The CNMV has warnings about the deception they carry out.

    Websites like
    capital245 .com,
    westwoodofe .com,
    bitcoinoie .com,
    jbcapitals .com,
    xcoinbroker .com,
    mmfinancialexperts .com
    wtcinversion .com
    everestbtc .com /
    capitalpro-inv .com / page-trade /
    executiveprofx .com
    These last three are of recent creation.
    None have authorization or regulation in any country.
    More information
    fintelegram .com / again-bulgarian-fx-broker-attack-bafin-warning-against-britonprice /

    They use platforms like PAYWARD LTD, KRAKEN kraken .com, to launder money they steal from the unsuspecting poor.

    Payward Ltd, Kraken.com, does not help track or reverse transfers made to criminals' accounts.
    I will add that the null collaboration of PAYWARD LTD, KRAKEN .COM only benefits organized crime and money laundering. It appears to be a company designed to facilitate money laundering in general.
    It is not necessary to travel to any country that is a tax haven, from the sofa at home you can easily launder the money or currency you want. Kraken is out of any kind of fiscal control.

  4. Hello, I would like to know if you have information about a company called Axiscapitalgroup.uk, the only information I can find about them is their website, there are no references anywhere. Supposedly they are advisers and you invest an amount and a robot is dedicated to investing in bitcoin

  5. Hello, how are you? I would like to know about the company New York Broker Inc, I would like to get my money back

    1. Hello Paola, this company seems to sell vacation packages on the coasts of Mexico, it has all the earmarks of being a SCAM, we will write a review about them to help the scammed.

      We recommend that all those affected try to recover the money through companies specialized in this type of management from the chat we have on the web or at the following link:
      https://brokersdeforexconfiables.com/recupera-tu-dinero-mychargeback/

      Greetings.

    1. Hello Natalia, thanks for writing, do you have the website of this broker?

      Greetings.

  6. Hello !!! I want to know if you have information about forexceetrade .com / the supposed instagram page of this company is this instagram .com / forexceetrades /… Greetings !!!

    1. Hello JAMG, recover your capital, do not invest anything else, this broker called Olymp Trade is a SCAM, many investors have reported Olymp Trade for fraudulent activities, it is not advisable to invest money in a NON-REGULATED broker(or with low regulation). This broker lies in saying that it has regulation and DOES NOT return the money to your customers Don't send any money as in the end YOU WILL LOSE EVERYTHING.

      We recommend all those affected to try recover the money through companies specialized in this type of management from the CHAT what we have on the web or in the following link:
      https://brokersdeforexconfiables.com/recupera-tu-dinero-mychargeback/

      A greeting.

  7. Good morning they call me every day from a broker called stoskslux, they are really cancinos they don't stop calling even though I tell them I'm not interested, can you report it or something? They don't mind bothering me with many calls every day

    1. Hello Maga, we appreciate that you explain your experience to us, this broker called StockLux is a SCAM, the BVIFSC, the financial regulator of the British Virgin Islands, has denounced StockLux for fraudulent activities, it is not advisable to invest money in a NON-REGULATED broker that apart DOES NOT RETURN MONEY. Broker employees are people who have practically not finished basic school and put them to do commercial work to convince their clients that they are the best traders in the world and to send them money to make them earn a lot of money, but in the end they lose EVERYTHING.
      ALL positive comments from this broker are FALSE, they are made by their own workers to confuse investors.
      We recommend all those affected to try recover the money through companies specialized in this type of management from the CHAT what we have on the web or in the following link:
      https://brokersdeforexconfiables.com/recupera-tu-dinero-mychargeback/

      A greeting.

  8. hello, a query the Orotrader company is reliable since I am investing in it, information please

    1. Hi Gisela, this broker called Orotrader is a SCAM, many investors have denounced Orotrader for fraudulent activities, it is not advisable to invest money in a NON-REGULATED broker.
      ALL positive comments from this broker are FALSEThey are made by their own workers to confuse investors.
      We recommend all those affected to try recover the money through companies specialized in this type of management from the CHAT that we have on the web or at the following link:
      https://brokersdeforexconfiables.com/recupera-tu-dinero-mychargeback/

      You can read about them here:
      https://brokersdeforexconfiables.com/orotrader-opiniones/

      A greeting.

  9. Hello brokers, I wish about this Hon Kong Private Wealth Management broker, your page is pmk .hk, it asks me for $ 2000 to start, what information do you have?

    1. Hello Rober, we are already working on a review about the Private Wealth Management broker that will be prepared soon. But at first glance I would tell you to be alert, it is very non-transparent, I have seen several negative comments about them and I am not aware that they have any type of REGULATION. I would not risk putting money there no matter how hard they insist, apart from a serious company does not pressure you to invest, a SCAM Broker, does not stop insisting.
      If you invest your money there, I can guarantee that you WILL LOSE it, because these brokers act in bad faith, you are convinced by a very good, nice, pleasant commercial / advisor and then everything turns into a nightmare. Don't take those risks.

      If you want more peace of mind, look at this link: https://brokersdeforexconfiables.com/mejores-brokers-2020/

      a greeting

  10. Notice to all the people who want to invest in bitcoins with first financial banc, BE CAREFUL, STOP, it is A SCAM, they bundle you and they bundle you and when you want to get your money they do not call you again nor can you contact anyone. I put the name in lowercase because it does not deserve a worthy name. We are doing a whatsup group with scammed people, since nobody listens to us. My name is Lola and my phone number is 606600917. Thank you and good luck

  11. Hi, how are you, what do you think of Olymp Trade? is it safe to put money there?

    Do you know María Sanz? She is a famous Trader on Instagram I don't know if she is reliable.

    Thank you!!

    1. Hi Carlos, we are currently working on an analysis about Olymp Trade.

      a greeting

        1. Hi Felipe, the writing team is busy these days but I hope that the Olymptrade review will appear shortly.

          a greeting

          1. Hello Victoria, if the broker you are asking for is another, please send us the web, thanks for writing, this broker called Olimpo Trader is a SCAM, many clients have reported Olimpo Trader for fraudulent activitiesIt is not advisable to invest money in a broker that is NOT REGULATED (or with very low quality regulation) and that does not return the money to its clients.
            If you want to read the review look here: https://brokersdeforexconfiables.com/olimpo-trader-opiniones/
            We recommend that all those affected try to recover the money through companies specialized in this type of management from the chat we have on the web or at the following link:
            https://brokersdeforexconfiables.com/recupera-tu-dinero-mychargeback/

            Greetings.

    2. Maria Sanz only attracts people to invest their money and lose it in olymptrade, it shows too much that she needs you to check that you have already deposited, so I deduce that she commissions for each person who enters, and pretends her life of luxury.

  12. Good morning,
    I want to warn in this forum that Fx Fixed is another of the financial bars that scam their clients and belong to the same network as Fx Finest. This time, the broker's manager is called Santiago (603 106 041) (603 228 505). It operates through a platform called "vivedeltrading".
    The two agents of the broker are also Pedro (604 389 064) (603 203 376) and Daniel (663 931 801) (617 305 143).
    Daniel Martín's commercial firm, Fx Finest - Smart Trading
    [email protected]
    Tfl: +44 02038084806
    Level 33, 25 Canada Square, Canary Wharf
    London E14 5LB

    1. Hello Megastam, we are working on a review about this broker that will be ready soon.

      a greeting

  13. Good morning,
    Could you give me information about this forex broker .com / en /

    Gain Capital Group

    1. Hello Diego, the Forex.com review will be ready soon, for now we can tell you that it is an unregulated broker based in the Cayman Islands, we consider this as very unsafe.

      a greeting

    1. Hi Carlos, ACOPE Markets or Scope Markets? Do you have the website of the company you mention?

      a greeting

      1. Hello, do you have information on XIFRA Lifestyle?
        They have some of the points they mention to take into account to detect possible fraud, but I know several people who have invested there and have obtained the investment returns that the company offers. What do you know about XIFRA? Thank you!

  14. Good morning friends. Some reference on mind capital in Latin America as they are entering strongly. Thanks for your attention

  15. LIBERTEX THOSE CARADURES ARE THIEVES, I WAS STOLED 100 DOLLARS AND I AM NOT THE ONLY ONE HERE IN MEXICO WE ARE A GREAT GROUP, I HAVE SEEN ON FACEBOOK THAT WHEN THEY COMPLAIN ABOUT THEIR SERVICE ON THEIR PAGE THEY NEVER RESPOND IN THE SAME WAY IN THE PLAY STORE GOOGLE, JUST APOLOGIZE FOR THE BAD TIME. BUT THEY NEVER RETURN THE MONEY AND THEN POSITIVE COMMENTS APPEAR ABOUT THE COMPANY, THESE ARE FALSE OR PAID. YOU WILL SEE Q MOST PEOPLE HAVE COMPLAINTS SEEMING THAT THEY DO NOT RETURN YOUR MONEY. THIS COMPANY OFFERS TRIPS TO EUROPE AND TICKETS TO GAMES IN SPAIN BUT IT IS JUST A WAY TO ATTRACT INAUTES, BE VERY CAREFUL WITH LIBERTEX WHO ARE BIG SCAMMERS!

  16. Most of the brokers according to my studies are a fraud.
    I had a bitter experience with capital 88 and in view of this I have dedicated myself to study some firms and really the safe and reliable can be counted on the fingers of my hands.

    1. Hi Juan, it is true that there are many brokers that are fraud, but that does not mean that all of them are. One of the best ways to be protected is by working with a well-regulated broker with a long history.

      Greetings.

  17. Hello, my name is Esteban, an executive from Nobel500 contacted me to invite me to invest a capital. The minimum is 250 dollars. He tells me that he is a reliable one with more than 10 years and that I will have an executive who will help me invest in the stock market, it may be gold, fuel wheat.
    The truth is that I am well convinced of entering to invest but I think it may be a scam or some advertising hoax
    How real is it to invest in these companies
    Anyone have reference from nobel500
    Give or not give profit if it was real
    Please I would appreciate your answers.

  18. Hello good day. I searched the list of brokers and marquetcapital does not appear. Do you know if it exists?

  19. Good
    Lo mio fie en centrlo banc August of last year, I applied for € 50 weeks later and this I could not withdraw in what I have been for years I have never been able to enter I have spoken with several but it seems that centrobanc or you are. 250 went

  20. Hello my name is Fritz at the end of March I opened an account with UMARKETS.COM I recorded an error, at first everything was fine, then they made unauthorized charges for USD8000 to my credit card, my advisor was the thief Fernando Bosch, they sent me some papers to sign the consent of the withdrawal that they made on my card, with the promise that when I sign I will be able to make the withdrawal they even passed me to a supervisor Andrés Martínez, who is more deceitful than Bosch, I told them that I would not sign anything, they are a criminal gang have everything prepared to steal your money. Send this message to all your whatsapp and email contacts so that not only more people are scammed but also to bankrupt this thief company.

  21. Hello, I just invested in capital 88 I would like to know if it is a reliable company and if not, how could I get my money back? Thank you

  22. Good afternoon; I invested USD 9.500 in MytradeMM, and they never returned my investment. I made two transfers to this company in May 2018. I was delayed regarding the crediting of the money in the account of the MytradeMM company at Novo Banco in Portugal. As I did not have a valid answer, I had to ask my bank in Ecuador for an investigation, where my money was. He confirmed that the two transfers were credited to the company's account, 15 days later. To ask me to invest they called me every day, to return the money, they stopped calling me and worse write me. Even my Wife wrote to them. They NEVER answered. To date, I have no response to my request for a return on investment. Please your help indicating who can contact me, with the regulatory body of this broker to present my case. According to the website, they are regulated by the Financial Commission in Vanuatu and operate from England, where they called me from.

  23. Dear me, I was scammed by the central bank, what can be done to recover the capital? or is it something that can no longer be done? many thanks

  24. Hello friends, please information about fxt premium, they are making me very long with the estimated withdrawals ...

    thank you very much

  25. Hello what opinion do you have of the following broker
    Investingro and FXCmarkerts this second I have asked for a refund and they have only made me a small one to hook more.

    A greeting.-

  26. I think I am being scammed by a Hispanic markets company, I am operating with it, I have already deposited 5000usd and I have not withdrawn my first dollar. I would like to hear your comments

  27. Hello friends, thank you very much for the information, I was scammed by a company called poloinvest a few months ago, because investigating a little I think it is the same company that emporio trading and mytrademm, I have several suspicions and I have some detectives investigating I will say if I have new news ... thanks again

  28. Emporio trading scammed me with 36000 us at the time I decided to withdraw they made me open 3 operations where I lost all my money and they told me that I had to ask for an equity expansion of 44 thousand us so as not to lose my money in the end I decided to find out and found many people scammed with the same way if they can help me get my money back I appreciate it

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