“ITIGTrader always tries to be honest”
Here is a list of a bunch of scam or scam brokers, literally just black companies, that I don’t want to call a Forex Broker or Forex broker at all. Because, these companies have not been transparent or clear from start according to “signs of a scam forex broker or BO“. If investors feel uncomfortable with comments below of ITIGTrader. You just need to find people who have experience in financial field to compare, thereby getting a more secure view.
If unfortunately an investor has chosen one of scam forex brokers below, remember that itigtrader has already warned.
BBM TRADE
BBM Trader – BullBearMarket and was found in 2017 with a ghost address of Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro. This is an unlicensed broker, in form of Forex trading and operating without a name in international financial market. Although it is a Vietnamese platform, but on site posting pictures are Westerners.
WARNING: 100% BBM TRADE IS A SCAM WITHOUT DISCUSSION. COMPLETE MASTER INFORMATION
NYFX
Be careful, NYFX Company is very sophisticated in its professional web design and is registered at Saint Vincent and the Grenadines, with domain name nyfx .com. NYFX is operated by high-tech company ABKtechnology. While, ABKtechnology has nothing to do with Forex or it’s an unknown company.
Note, for websites promoting NYFX like above case: NYFX rating from WIKIFX. For ITIGTRADER’s point of view, “License Index” rating is not worth 5 points let alone 7.78 points. Yes! suspect.
WARNING: 100% NYFX IS A SCAM
IGFinvest (Fxwings)
The name IGFinvest is new in 2019. Information IGF Invest Ltd has a ghost address at 6 Bridge Street, Kington HR5 3FJ and IGFinves is heir of FXWINGS. Please check here https://itigtrader.com/united-market-utspot-fxwings-think-capitals-moi-lien-quan/
WARNING: 100% IGFINVEST IS A SCAM WITHOUT DISCUSSION
TREX (Trexwin và Trexfx)
TREX company was only launched less than 2 years ago, not what their website claims to have since 2008. Trex has blatantly lied that they have been operating since 2008 and even more lies. in terms of NFA licensing, as we know NFA regulation is not easy for a new registered company. This company may be of Vietnamese nation. Proof below.
WARNING: 100% TREX IS A SCAM
UGREENFX
As we learned about Company Ugreenfx found in 2020, there’s no reason why broker Ugreenfx awards are so far away from 2015.
WARNING: 100% UGREENFX IS A SCAM, NO ADDRESS NO LICENSE. BE CAREFUL WITH CALLS OF COMPANY BUYING STOCKS OR SECURITIES.
IZITRADES
The company Izitrades was found in 2020. A name that is too unfamiliar to even longtime people in the financial industry. Here are some highlights from Izitrades with what we believe to be a scam:
- Their website of a forex broker is too mediocre.
- There are no licensing regulations.
- Cryptocurrency Anonymous Payment Methods
WARNING: IZITRADES IS NOT RELIABLE WITH THE INFORMATION THEY HAVE BEEN PUBLISHED.
BINARY TRADER
Be careful Binary Trader and they may be FXTRADING MARKETS. Because form of operation is very similar, for example website interface is very similar
Also note: Binary Trader (binarytrader .io) seems to be plagiarizing Binary exchange (binary .com), a binary trading platform.
WARNING: BINARYTRADER IS A SCAM, NOTHING MORE TELLING.
More Reputable Forex Brokers You Can Trade >>> ICMarkets go to www.icmarkets.com Exness go to www.exness.com FPMarketsgo to www.fpmarkets.com XTB go to www.xtb.com Axitrader go to www.axitrader.com FXTM go to www.fxtm.com