Overview Seven Capitals presents itself as a high-end gold trading broker and claims to be based in Dubai while operating under the name Seven Capitals Holding LLC and having its registered office in Mauritius. The broker has a neat website and seems to focus predominantly on trading commodities, and gold specifically, but there are a number of red flags that should raise alarm bells about the company's legitimacy and regulatory status....
Summary: A warning issued by the FCA on June 9, 2025, has caused serious concerns for Yalix Trader (yalix-trader.net). The FCA advised the public to stay away from the platform, explicitly stating that "This firm may be providing or promoting financial services or products without our permission." The lack of basic contact information from Yalix Trader, like an address or phone number, heightens suspicion. Furthermore, the template of its...
Summary: Following a warning from the Financial Conduct Authority (FCA) on June 9, 2025, Trade MaxAir (trade-maxair.net) has raised several concerns. The FCA advised users to stay away from any interaction, explicitly stating that "This firm may be providing or promoting financial services or products without our permission." The legitimacy of the platform is seriously questioned in light of such regulatory alerts. Furthermore, Trade MaxAir's...
Summary: SimplifiedFX raises serious red flags as an active, unregulated broker claiming to have served clients since 2016. Despite its professional branding, it operates without a valid financial license and is blacklisted by the FCA, indicating a high-risk trading environment. The platform is available through simplifiedfx.live, allegedly offers trading in Forex, crypto, stocks, and more, yet lacks transparency in key areas like leverage and...
Overview Angel Markets is an investment platform, which has been advertised as a highly profitable investment platform with high guarantee returns. Nothing could be further from the truth. There have been very severe complaints where accounts became frozen, money disappeared, or the customer care did not respond. This review brings out the major red flags and scam tactics put in place by Angel Markets to deceive unsuspecting investors....
The forex and CFD broker LiteFinance, earlier known as LiteForex, makes the claim that it provides ECN trading accounts with fast execution and competitive spreads. Many traders who have used this platform, however, have a different story to tell, one that raises serious questions about the broker's legitimacy. Website: https://www.litefinance.org/ Website Availability: Yes Headquarters Country: Euro House, Richmond Hill Road, P.O. Box...
Summary: There are major concerns about Secureinvgroup.com. FINMA has blacklisted it, a sign of regulatory concerns. With many unfavorable reviews, the platform has a 3.4 rating on Trustpilot. Customers frequently complain about being charged exorbitant fees before making withdrawals, such as £5,600 at first and then £2,500 more. According to one reviewer, the business is fraudulent, with impolite management and phony profits that appear on...
Summary: Dexofinance exhibits several warning signs. Its credibility is called into question because its website (http://dexofinanceglobal.com/) is presently down. It is challenging to locate or get in touch with the platform because it does not offer any information regarding its physical address or phone number. Furthermore, Dexofinance has been warned by the UK's Financial Conduct Authority (FCA) and is not subject to any recognized...
Summary: There are several warning signs on the Finanzaexpert platform (https://finanzaexpert.io/). The legitimacy of the website is called into question because it is not functioning at the moment. Italy's financial regulator, CONSOB, has formally issued a warning. The platform has a poor user experience rating of 2.9 on Trustpilot. The service received harsh criticism from one reviewer, who referred to them as "thieves" and cautioned others...
Summary: Avatradex displays several warning signs. The Netherlands Authority for the Financial Markets, or AFM, cautions users against using this platform since it might be a boiler room, a form of online investment fraud. With a TrustScore of just 31 out of 100, the website is deemed suspicious. It lacks transparency because there are no available contact details, including an address or phone number. The website also asks users to register...
