A U.K.-based forex brokerage by the name of Sigma Forex has recently taken its well deserved place in the forex hall of shame.
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A U.K.-based forex brokerage by the name of Sigma Forex has recently taken its well deserved place in the forex hall of shame.
Latest added forex brokers to avoid
- OT Capital. They have gotten a warning from ASIC.
- EU Capital. They ask you to deposit over and over again. They even try to get you to login to your bank account over a shared screen.
- MultiplyMarket is a clone of Trading Technologies.
- BlueTrading have an FCA warning for claiming to be FCA regulated when they in fact are not.
- Facebook Group Investment/Profits, FBO Trading Signals & Bitcoin investments – They don’t allow withdrawals and block you as soon as you ask for a withdrawal.
- ECN Capital. They claim to be CySEC regulated but are not.
- GBCFX – Unregulated broker having issues handling withdrawals.
- Forex365Options – they make you pay fees that aren’t even in any terms and conditions. Website hardly works either.
- Toptrades.co – Not regulated so should be avoided.
- fx-premium. They are copying the website of JFD Brokers so should be avoided!
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the existing broker must be able to pay close attention, this is needed and needed so that traders can become better and can get more leverage in getting the security and comfort of trading in accordance with expectations with Tickmill.