FCA Warns reclaim-experts.com: 7 Checks Before You Pay
The UK regulator classified the website as a clone of an authorised firm on 28 August 2026. The FCA says the genuine Reclaim Experts Ltd has no connection with the clone.
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
اردو
Abstract:Scam Brokers List Out! Before these unauthorised forex brokers steal your money. Check out the scam brokers list below and stay alert. This warning list was recently released by the UK’s Financial Conduct Authority (FCA).

Scam Brokers List Out! Before these unauthorised forex brokers steal your money. Check out the scam brokers list below and stay alert. This warning list was recently released by the UKs Financial Conduct Authority (FCA).
Unauthorised firm details
1. Name: NivarioTrader
Website: www.nivariotrader.net
2. Name: Morganprotrade (Clone of FCA authorised firm)
Telephone: +447510514337
Email: support@morganprotrade.com
Website: https://morganprotrade.com/
3. Name: ValatrixTrader 19
Website: www.valatrixtrader19max.net
4. Name: GrowWealth
Telephone: +19306622222
Email: info@growwealth.pro
Website: www.growwealth.pro
5. Name: Trade Avita
Website: www.tradeavita.net
6. Name: BFM / blockchainforexmarket.net
Address: 65 Shearsmith Tower, Cable Street, London, E1 8HU
Email: support@blockchainforexmarket.net
Website: www.blockchainforexmarket.net
7. Name: Invexium Invest
Website: www.invexiuminvest.net
8. Name: TradeFX Capitalize
Email: support@tradefxcapitalize.online
Website: www.tradefxcapitalize.online
9. Name: theaccessfunds.com (Clone of FCA recognised fund)
Email: lucas.grant@theaccessfunds.com,
damon.dangelo@theaccessfunds.com,
mariocosta@theaccessfunds.com,
martin.harris@theaccessfunds.com,
arthur.novk@theaccessfunds.com
Website: theaccessfunds.com
10. Name: Expertmarketbuilder
Address: 625 California St, San Francisco, UNITED STATES OF AMERICA, CA 94108-2506
Email: support@expertmarketbuilder.top
Website: www.expertmarketbuilder.top
FCA Alerts Investors
Authority warns all traders and investors to be careful, as some illegal companies may give fake contact details like wrong addresses, phone numbers, or email IDs. They might also change this information later to avoid being tracked. If you deal with such a company and something goes wrong, its very unlikely you will get your money back if the company shuts down or disappears.
If you want to read more informative articles about forex brokers. You can download the WikiFX app and stay updated with the latest news related to the forex market — such as scam alerts, regulatory warnings, new broker features, and broker exposés. You can access all this news in WikiFX App or simply visit the news section on the WikiFX website.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

The UK regulator classified the website as a clone of an authorised firm on 28 August 2026. The FCA says the genuine Reclaim Experts Ltd has no connection with the clone.

People searching GODO regulation or regulation GODO should separate overseas licensing from permission in India. The Reserve Bank of India Alert List, updated 19 November 2025, names “GoDo FX” and godofx.com. RBI says listed entities are neither authorised to deal in forex under FEMA nor authorised to operate an approved forex electronic trading platform. GODO's legal documents name GODO LTD and a Mauritius FSC licence, but that overseas status does not create RBI authorisation. No cited court ruling proves fraud. The main checks are jurisdiction, domains, leverage, and withdrawals.

Most traders who have opened accounts with Succedo Markets, a Saint Lucia-based brokerage entity, have reported withdrawal request denials after a pleasant first experience. Traders globally, including those from India, have made these complaints. Meanwhile, some traders have reportedly taken legal recourse to recover their stuck funds. The critical nature of these complaints made us share this in-depth Succedo Markets review. This review does not only examine user allegations but also shed light on its regulatory framework.

Did you encounter trade-related concerns with Tattvam, a Mauritius-based brokerage entity? Several users have reportedly accused the broker of cancelling profitable trades, allegedly citing scalping as the reason. At the same time, traders have reportedly expressed concerns over the lack of understanding among the broker officials about critical trading aspects such as copy trading. In this Tattvam review, we have carefully examined user-reported allegations. Additionally, we have given a regulatory overview of the broker.