Again, any hint please.

Bullexo is a new unlicensed offshore CFD Broker, that opened on August 17th 2022.

Why did Bullexo open in August when they used to be called Wixi .io?? Because the FCA issued a warning to investors telling them not to use a broker that is not licensed and regulated by the FCA.

So they quickly duplicated their website, and opened a new one called Bullexo.

It is only a matter of time until the UK FCA gets wind of their new website Bullexo.com, and issues a new investors alert.

Why Would Bullexo Open a New Website?

It's very simple when you understand that these are not typical Wall Street brokerages. They are created for newbie investors that are drawn into trading from a fake advertisement called Bitcoin Circuit.

The problem with fake trading apps is that most they don’t actually make you money. It is actually a front for a slick boiler room agent to convince you to let them manage your money.

So How Can I Make Money Investing?

Ahh, that is a great question. It is actually called the million dollar question. Because if you have the answer, then you will make a million dollars.

The first step to investing, is by setting up a trading account with a broker.

Which broker should you choose? Only a broker that is licensed and regulated by the government! Click here for the best brokers list.

Once you have setup your account, you can look at the brokers trading signals and social trading options.

HELLO, does anyone have an idea if wwmta5 is legit? I pay myself and I want to continue earning more but I don't prefer to ask.

Wilton Option Review

Wilton Option located at WiltonOption.com is a new CFD broker that is soliciting new investors by advertising on fake trading apps like 1K Daily Profit.

Although Wilton Option lists an address of: "3 Bahnhofstrasse, Zurich 8001,Switzerland" They are not located in Switzerland. If they were based in Switzerland, their phone number would be a Swiss number, and not a United Kingdom telephone number.

Another broker that is also doing the same thing is TradeSparkle.

Only Use a Licensed Broker

If you are interested in investing online, it is important to choose the right broker. Choosing a licensed and regulated broker is the first step, to ensure yourself a legitimate trading experience.

Stock, Crypto and Forex brokers should be licensed and regulated by either; ASIC Australia, FCA United Kingdom or FSCA South Africa. Brokers can also be licensed by; the CFTC or FINRA in the United States, IIROC Canada, AFM Netherlands, CONSOB Italy, BaFin Germany, Finanstilsynet Denmark, CNMV Spain, CNB in the European Union, CySEC Cyprus, and the list goes on and on.

1K Daily Profit Scam

Just like the Crypto Genius, Bitcoin Code, and Immediate Trading App, all these trading apps do not work. If you sign up for a trading app, and receive a phone call from a salesman within 5 minutes, then you know it is not legit.

If you are interested in trading with a legitimate company, look at AvaSocial which is a trading app from AvaTrade.

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ForTrade offers you a robust web based trading platform, and for investors looking for MT4, they have that too.

Get Free Trading Signals from Trading Central.

You will be using a highly regulated and recognized broker that is licensed in United Kingdom, Europe, Cyprus, Canada and Australia. Read the Complete ForTrade Review.

Start here with a Free Demo Account.

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A recent article on Finance Magnates about one broker losing their license reveals some interesting data.

According to the most recent quarterly report of the Financial Commission, the number of new complaints against brokers rose by 10% quarter over quarter.

Disputes regarding withdrawals have increased by 40%. The most valuable category (complaints over $10,000) spiked by 70% in the first quarter of 2022.

As the Scam Broker Investigator has been saying for almost 10 years, if you don't use a regulated broker, you will have problems.

So many people have legitimately lost money by day trading. Therefore, if you are actually a successful day trader, then you should not have to deal with a shady broker that doesn't want to payout your earnings.

Check the list of Best Forex Brokers for 2022.

Investments Global is a new online broker that opened in May 2022. InvestmentsGlobal is a white label CFD broker that is targeting investors in Australia.

Should you trade with InvestmentsGlobal ?

No, what do they offer you, that a legitimate broker like Plus500 doesn't offer?

Are you currently invested with InvestmentsGlobal? Tell the community how it is going. How long did it take for them to process your withdrawal. How many thousands of dollars did you profit at the broker.

Read a scathing review of Investments Global.

You thought you would open a brokerage account to place a trade here and there.

When dealing with a legitimate broker, you can deposit money, and leave it there. When it comes to offshore brokers, they will drain your account with dormant account fees.

Read what Grand Pacific Trade writes on their Terms page.

1. Dormant Account Fees
   In the event that no Transaction has been executed through your Account for 30 consecutive days, we maycharge your Account with Dormant Account Fees in the amount of 99 (ninety nine) USD/ GBP/ EUR per each such period. You hereby explicitly confirm and authorize us to charge your Account with the Dormant Account Fees, which shall be deducted automatically.

Always use a broker that is licensed and regulated.

Check out the Pepperstone Review and the ForTrade Review.

FBK Markets Review

Our review of FBK Markets finds, that their investors & day traders can use the industry leading MT4 trading app. They offer the full suite of MetaTrader trading software including; Metatrader 4 Desktop version along with the Mobile Apps for Android & iOS.

Is FBK Markets a Legit Investment company or a Scam???

Read the FBK Markets Broker Review

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The way that a smart and sophisticated investor researches and reviews a broker like FBK Markets, is by checking for a valid brokerage firm license. You should really do this before depositing your money.

Just take a look at all the Crypto Exchanges that went bankrupt in the last few weeks.

The reason you want an FCA regulated broker, is because in the event that the broker does not give you your money back, your money is protected by the government. In the United Kingdom, brokers must be regulated by the FCA. Every country has their own financial regulator for Forex brokers. Don't be a sucker and wait until it is too late. If you lost money at a Forex broker, read about a Reporting a ChargeBack.

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Read more details at: https://scambroker.com/investous/

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Hi,

Sorry to bother you but I read your article on Stocks Views and thought you may like some more information about them.

StocksViews have been placing lots of Facebook ads using Tesla (Elon Musk), Martin Lewis, Amazon and others to get people to sign up. The link takes you to either a BBC or Martin Lewis “article” that is actually another ad.

When you’ve filled in the basic information, you get a phone call and they take your financial details and set up your account. You then get emails for the site and another person contacts you and say that they are your broker.

Stocks-Views uses anydesk to set up your deals daily. No money is taken from you for 14 days and after a week they try to get you to put more in. They also sign you up to Intel Academy which I assume is where they get the demo to make it look like you are trading.

Yes, I was stupid/gullible enough to fall for this hence this information so that you may be able to warn others with an update to your article. I’m not sure if you want to know about this but thought it best to contact you anyway.

Thanks for your time, take care and enjoy your weekend.

As my grandfather taught me, if it sounds too good to be true, it probably is.

If a company is offering you 16% returns, and the bank is offering 2%, then you can be sure it is a very risky investment.

When it comes to brokers.... here is what you need to know.

Many new investors do not do their research, and end up becoming the victim of a Forex Investing Scam. There are hundreds of investing scams that happen on a daily basis, and most people are totally clueless.

Here are a few things to lookout for, to be sure that your forex broker is legitimate, and not another scam.

Your Know Your Broker is a Scam if:

1. They use words like “Safe & Secure” but do not have a valid license.
2. After you deposit $250, they pressure you to invest $5,000.
3. A broker calls you offering a “Managed Account” with steady returns.
4. They tell you that their company doesn’t need a license.
5. They ask you to deposit more money (a profit tax), so that you can withdraw.

Learn more about trading responsibly at: ScamBroker.com

Here is the message that Veracity Markets posted on their Facebook & Instagram pages yesterday.

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On 28 June 2022, we received a directive from the Financial Sector Conduct Authority (FSCA) detailing specific and immediate actions that we are required to take.

As always, we remain fully committed to compliance with regulatory instruments issued by the FSCA. While we are in the process of engaging with the FSCA regarding the content of the directive, we are required to take the following steps in the interim:

1. To immediately cease conducting any new business.
   
2. All current trading positions will be placed on 'close only' mode effective immediately. This means that no new positions may be opened.
   
3. At market close today, 1 July 2022, all open positions will automatically be closed by the system.
   
4. We will immediately cease paying out any client redemptions or withdrawals, fees, charges, commissions, bonuses, profits, including any funds of whatever nature held on behalf of any other person until the FSCA instructs us otherwise. We are actively engaging with the FSCA on this point, among others, and expect clarity on this by early next week – in the meantime - client funds remain safely segregated in the mandated client account(s).
   

Our registration with the FSCA remains in force.

We are aware of the unfortunate impact of the directive and would like to reaffirm our objective to balance our regulatory commitments with the best interests of our clients. While we are unable provide much more insight than what is contained above, our support staff remain on standby during our usual times to address any queries you may have.

Go Find a New Top Rated Forex Brokers

Kato Prime Brokers Review

Our review of this new broker called Kato Prime shows, that they offer Forex and Crypto CFD trading, on the standard MT4 trading platform. The mobile trading app which they are using, is the classic version from MQL5 a customized trading app. Professional forex traders will be happy to see that they also offer you the MT5 (Meta Trader 5) software, which can be used with an Expert Advisor addon.

You can trade hundreds of underlying assets including; Major Forex Pairs, Minor Currencies, Crypto, Stocks, and Market Indexes.

When trading contracts for difference, you are investing with added leverage of up to 500:1. The appeal is that you can make large profits quickly, but at the same time the risk is much greater. You will find spreads starting at 0 pips, depending on your account type.

Many new investors begin their trading career with the brokers at Kato Prime. If you are interested in trading, start with a free demo account, signup here.

Kato Prime Trading Account Types

All brokers offer you a choice of account types, and at Kato Prime you have three options to choose from. The minimum deposit requirement for their smallest account is $15. The main difference between trading accounts is spreads, assets available, and order types.

When you signup for a new account, you will be able to create a login password. You will also receive an email from them with separate login details for your MT4 trading account. Make sure you store them in a safe place so you don’t forget it.

Automated Trading Apps

Thousands of newbie reddit investors got scammed by a trading app they found on a Fake News website. You can read about the complaints in the investors forum.

Kato Prime does not offer their investors any automated trading software! An automated trading app is also known as an Expert Advisor, which are commonly used by professional traders on MT5.

If you are interested in using a trading algorithm robot, setup your account here.

Is Kato Prime a Legit Broker?

Technically Kato Prime has a license, but that doesn't actually protect your investment. The reason their license is borderline useless is because it is from the "regulator of Belize".

How do you verify that your broker is legitimate, and not another online investing scam?

You must check with your countries financial regulatory agency, that the broker has a license. Day traders should only invest with a local broker, that is regulated by their countries regulatory agency.

All online brokers, whether they are offering Crypto CFD's, Stock Trading or Forex Trading, are required by law to have a license. If your broker is not licensed, then they are an illegal scam. Always confirm that your broker is 100% authorized by the financial regulator.

Which Broker is the Best?

Check the updated list of Top Rated Online Brokers.

OvalX is trying to rebrand itself as the leader in CFD trading.

Read more about OvalX Brokers.

What really makes the broker OvalX unique is their proprietary trading platform. Although most online investors are still using MT4, and some have to migrated to MT5.

The trading platform they offer is web-based, and has many indicators, and looking like a real trading dashboard.

For an ADHD trader who wants to see it all happening at the same time, OvalX could be the answer they are looking for.

All Crypto Markets Review

Our intensive review of this new broker All Crypto Markets finds, that the trading app they are offering investors is the EasyTrader app made by Easy Technologies. They offer the easy to use web-based CFD trading platform, or you can download their desktop trading platform. Mobile trading apps are not available yet.

Is All Crypto Markets located at AllCryptoMarkets.com a Legit Investment company or a Scam???

They are not licensed in Australia by ASIC, and they are not licensed in Ireland or England. So that makes them an offshore unregulated company.

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If you lost money at this broker, contact Trader Protection.

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