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Does Tradiora have a phone number?
Traderx
Cuba
13 hours ago
ANSWER Tradiora is not transparent about its address, phone number, or other contact details. It is an unlicensed broker that poses substantial risks.Tradiora's actions contradict its promise of transparency. The company only provides an email address for communication, a method that can be easily fabricated or disconnected should any issues arise. Without knowledge of its location, verifying Tradiora's legitimacy becomes nearly impossible. The Financial Services and Markets Authority (FSMA) in Belgium has listed Tradiora as a fraudulent platform on its warning list.Therefore, investors are strongly advised to avoid Tradiora to prevent potential fraud and identity theft. For a safer trading environment, it is recommended to choose fully regulated brokers.
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The information on IM MARKETS' website is too little. Can anyone tell me if it is a good or bad broker.
Ayodeji Ibrahim
Bulgaria
15 hours ago
ANSWER Given its unlicensed status, we strongly suggest that you choose a fully regulated broker instead of IM MARKETS.While it claims to be registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA), it is crucial to note that forex trading brokerage activities are not licensed under this jurisdiction. This means that even though it holds registration with the SVG FSA, IM MARKETS remains an unlicensed broker because its financial activities are not subject to the offshore financial regulator.As such, IM MARKETS poses risks of potential fraud and identity theft, and its customers are not protected by regulations should any issues arise. For a safer trading environment, we recommend that investors opt for fully regulated brokers rather than unregulated ones like IM MARKETS.
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How many forex pairs I can trade on FxPower?
sirenforexpeaxce
France
17 hours ago
ANSWER We strongly advise against using FxPower, a trading platform that lacks proper licensing.The regulatory credentials claimed by the company are unfounded. We have been unable to locate corresponding records from any relevant financial regulators. Notably, the International Financial Market Relations Supervision Center (IFMRCC), which the company cites, is widely suspected to be a fake regulator.Consequently, there is no solid evidence to substantiate FxPower's legitimacy in the financial market. Investors who trade with this broker are at risk of potential fraud and identity theft, with no regulatory measures in place to protect their interests. For a safer trading environment, we highly recommend opting for fully regulated brokers instead of unregulated ones like FxPower.
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My withdrawal request is stuck. Is STEP Markets a scam?
Kostas Anagnostakis
Gambia
18 hours ago
ANSWER Regrettably, there are no indications that STEP Markets is subject to any regulatory supervision. Moreover, BrokersView has been receiving complaints from its customers who are seeking assistance in obtaining refunds.Despite claiming to be registered in Montenegro, the broker is not licensed by the country's Capital Market Authority (SCMN). This implies that it is operating within the country without the necessary authorization.Given its unregulated status, STEP Markets presents significant risks, including fraud and identity theft. Investors who engage with this unlicensed broker are not safeguarded by regulations should any issues arise. Consequently, we strongly advise investors to steer clear of STEP Markets. For a more secure trading environment, we recommend choosing brokers that are fully regulated.
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Is AxonExchange legit?
Axel
United Kingdom
20 hours ago
ANSWER The New Zealand Financial Markets Authority (NZ FMA) has identified AxonExchange as a scam.In addition to the website you mentioned in your inquiry, there are two other associated websites: axonexchange.top and axonexchange.vip. These three websites share identical content and graphic designs. According to the warning issued by the NZ FMA, AxonExchange falsely purports to be regulated in New Zealand and misuses company details from a legally registered entity to deceive unsuspecting investors. The authority identifies them as fraudulent websites and scams.Investors dealing with AxonExchange are therefore at risk of fraud and identity theft. To mitigate such risks, it is highly recommended to opt for fully regulated brokers instead of unregulated ones like AxonExchange.
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When was Aivan capital founded?
KALAIVANAN Stepanovich
21 hours ago
ANSWER The broker you're inquiring about, Aivan Capital, also goes by the names Ai Van Capital, Ai Vancapital, or Aivancapital. This is an unlicensed broker that investors are advised to avoid.This recently established website boldly purports to be a partner of the London Stock Exchange. However, it fails to substantiate this claim with any supporting evidence. Moreover, this alleged UK-based company has been flagged by the Financial Conduct Authority (FCA) as an unauthorized firm and has received a warning from them.Given these circumstances, it is strongly recommended to steer clear of Aivan Capital. Engaging with this broker could expose investors to potential fraud and identity theft, and their funds would not be protected by regulations. For a safer trading environment, it would be prudent to consider a fully regulated broker instead.
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Is InvestQHub back on track? I lost contact with them before.
Huxley
Bahamas
22 hours ago
ANSWER InvestQHub, an unlicensed broker, has been flagged by the Financial Conduct Authority (FCA). After the FCA detected its fraudulent activities, InvestQHub promptly shut down its previous website, investqhub.com, and currently offers unauthorized financial services through a new site, investqhub.co.The lifespan of the new website is uncertain, as is the timing of its potential closure and subsequent reemergence on another site to evade victims and authorities. However, one thing is clear: InvestQHub is a fraudulent trading platform operating outside the regulatory framework. The FCA has been closely monitoring its activities and has updated its warning about InvestQHub, advising investors to avoid this scam.Therefore, we strongly recommend that investors steer clear of InvestQHub to prevent falling victim to potential fraud and identity theft. Instead, consider opting for fully regulated brokers to mitigate such risks.
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Stockcptls seems to be regulated by several financial regulators. Could you verify them?
stock
Australia
23 hours ago
ANSWER Our investigation has revealed that all the licensing data provided by Stockcptls is false, suggesting a deliberate intent to defraud investors. Consequently, we strongly advise investors to steer clear of this unlicensed broker.We have confirmed that the regulatory information claimed by Stockcptls is either false or a misappropriation of company details from other legitimate entities. This significant deception is a clear indication of Stockcptls' fraudulent activities.Furthermore, the Italian Companies and Exchange Commission (CONSOB) has issued a warning and blacklisted Stockcptls' website due to its illegal offering of financial services in Italy. This action further highlights the broker's fraudulent nature and illegitimacy.Given these circumstances, Stockcptls is far from a secure option for investors. We strongly advise against engaging with it to prevent falling victim to fraud and identity theft. For a safer trading environment, we recommend opting for fully regulated brokers.
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Can anyone kindly explain the trading conditions offered by ForexTradeInvestment? I'm a bit confused.
Juan Condel
Iceland
2024-04-17
ANSWER We strongly recommend avoiding ForexTradeInvestment, as it is a broker operating outside the regulatory framework.The broker asserts that it is regulated globally, but it fails to provide any additional details to substantiate such claims. This suggests that it may not be authorized by any financial regulators. Given its alleged US office, we checked with the National Futures Association (NFA) to confirm its legitimacy. However, no corresponding records were found on the NFA register, indicating that this broker is not under the NFA's supervision.Therefore, ForexTradeInvestment is far from a secure option for investors and presents substantial risks of fraud and identity theft. To minimize such risks, investors are advised to opt for fully regulated brokers instead of unregulated ones like ForexTradeInvestment.
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Is it risky to apply the 1000:1 leverage on FxPrime Markets?
Amin Sadaf
United Arab Emirates
2024-04-17
ANSWER Even with a regulated broker, a leverage of 1000:1 is risky, let alone with an unlicensed broker like FxPrime Markets.The broker tries to establish a trustworthy image using various descriptions and exaggerated language. However, without concrete regulatory information, all its promises and statements lack credibility. It only claims to be located in Seychelles. However, our search in the Securities Dealer register of the Seychelles Financial Services Authority (Seychelles FSA) found no matching records. This indicates that FxPrime Markets is not financially authorized as a broker in the country.Given these circumstances, FxPrime Markets is not legally operating as a broker providing financial services from Seychelles. Investors dealing with it are not protected by regulations in case of issues. For a safer trading environment, investors are strongly advised to avoid unlicensed brokers like FxPrime Markets and instead opt for fully regulated ones.
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FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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