360Trade Center makes messy and confusing statements on its website, which is quite dubious. First of all, 360Trade Center defines itself as an established broker with 9 years of online-trading, but its domain was just created on December 24, 2020. In addition, this broker claims to be regulated by the US Financial Services Authority (UFSA). In fact, however, the US regulator is the National Futures Association (NFA) rather than the so-called UFSA. And of course we didn’t find any regulation of 360Trade Center from NFA. So 360Trade Center is currently not regulated by any financial regulator. That means investors’ funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.

The UK’s Financial Conduct Authority (FCA) added the company to its blacklist, saying that the firm is not authorized by it and is targeting people in the UK: https://www.fca.org.uk/news/warnings/advance-stox

On 14 December 2020, the Hong Kong's Securities and Futures Commission (SFC) has added AF Index to its alert list. It states that AF Index has failed to secure a license, yet is offering its services to citizens of the area: https://www.sfc.hk/en/alert-list/2664.

COINEXX provides the minimum information about its company details and trading license, which is already a red flag for potential traders. According to the information presented on its MT5 software, this broker is operated by Coinexx Ltd, a UK-based company registered with Companies House. However, it doesn't mean the authorization of the Financial Conduct Authority (FCA), the regulator that approves licenses for the brokers in UK. The truth is, BrokersView didn't find any information about its regulation from FCA. So currently COINEXX is actually not regulated by any financial regulator. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.

EagleFX claims to be owned and operated by EagleFX Ltd, a company registered in Dominica. However, Dominica is a notorious offshore zone that does not regulate forex. So currently EagleFX is not regulated or not overseen by any financial regulator. That means investors’ funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.

<p>On 29 Mar 2017,&nbsp;&nbsp;the Hong Kong Securities And Futures Commission (SFC)&nbsp;warned the public that this firm is an unauthorized entity:<a href="https://www.sfc.hk/en/alert-list/1853">https://www.sfc.hk/en/alert-list/1853</a> </p>

BrokersView found AGA Traders Group is not regulated or not overseen by any financial regulator. That means investors’ funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.

Alainfx claims to be registered with SVG FSA under the registered number of 25672 as an International FOREX broker, but currently there is no information about this company could be found when we checked on SVG FSA. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.