Global Broker Regulation Inquiry App

About WikiFX

Broker Search

English

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

Download

WikiFX Express

Reasons Why You Can't Trust UbitMarkets for Forex Investments

EXPOSED: 10 Scam FX Brokers : You Must Avoid in 2025!

WikiFX

| 2025-06-30

Abstract：Beware, Investors and traders! If you’re planning to invest your money in the forex market, make sure you don’t end up investing with these scam brokers. This is the warning list issued by International Organization of Securities Commissions (IOSCO)

Beware, Investors and traders! If you‘re planning to invest your money in the forex market, make sure you don’t end up investing with these scam brokers. This is the warning list issued by International Organization of Securities Commissions (IOSCO)

1. Swift Remita

2. Sanon Capital

3. XTB Online

4. ARGOFINANCE

5. Global Profits / globalprofits.live

6. Finances-Premium.com

7. Trading PRO / TradingPRO

8. Trading Option/tradingoption.org

9. Signals Land

10. Ndax markets yield

Authority said, Some of the alerts or warnings are about unauthorized firms using names similar to those of authorized firms or about unauthorized firms falsely claiming to be associated with authorized firms.

5 Ways to Stay Safe in the Forex Market

1. Trade Only with Regulated Brokers

2. Avoid “Too Good to Be True” Offers

3. Stay Informed & Educated

4. Verify Before You Invest

5. Avoid Unknown Apps and Links

About IOSCO

IOSCO is the international body that brings together the world's securities regulators and is recognized as the global standard setter for financial markets regulation. We develop, implement and promote adherence to internationally recognized standards for financial markets regulation and work closely with other international organizations on the global regulatory reform agenda.

Stay Informed

If you're interested in reading more informative articles about forex brokers. We recommend you to download WikiFX App. Stay updated with the latest developments in the forex market—including Scam brokers list, Regulatory warnings, Broker News and in-depth Broker Reviews .You can access all this valuable information directly through the WikiFX App or by visiting 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.

Scam Alert Investment Scam Fraud Alert Forex Broker Forex news forex market

Reasons Why You Can't Trust UbitMarkets for Forex Investments

Related Brokers

2-5 yearsQuestionable Regulatory LicenseSelf-developedSuspicious Operational RegionHigh Potential Risk

2.13

Score

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.

Original 1h

GODO Regulation for India: RBI Alert, Licence, Login, and Withdrawal Risk

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.

Original 2h

Succedo Markets Review 2026: The First Withdrawal Worked—What Happened Next?

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.

Original Two days ago

Tattvam Review 2026: Investigating Complaints Concerning Trade Executions

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.

Original Three days ago