Square FX
Square FX's official website:https://www.squarefx.uk/ is currently inaccessible normally. Square FX was founded in 2012 and is based in the United Kingdom.
Oliver FX Limited
Oliverfx is an unregulated broker based in the United Kingdom. Oliverfx offers various market instruments, including Cryptocurrency, Forex, Oil, Metal and Index.
Gildencrest Capital
Gildencrest Capital is a UK-based brokerage firm established in 2023 and regulated by the Financial Conduct Authority (FCA). The company offers trading in Forex, Commodities, and Indices, with support for MetaTrader Web, Android Trader, and iPhone/iPad Trader platforms.
Velos Technology Limited
Founded in 2021, Velos Technology is an unregulated financial company based in the Virgin Islands. It mainly provides forex and offers MT4 and MT5 platform.
Why Most Forex MLM Participants Never See Profits?
Forex-related MLMs have garnered significant attention, often for the wrong reasons. These Multi-Level Marketing (MLM) schemes typically promise participants substantial profits through foreign exchange (forex) trading, but the reality is often quite different. Here's a closer look at the phenomenon:
TTI
TTI is a brokerage firm registered in New Zealand. This firm's regulatory status is suspicious clone because its licensed institution wasn’t the same with its company name. And its website has been shut down for years. All these signals show certain risks with this brokerage.
DollarFx
Founded in 1998 and headquartered in Thailand, DollarFx is an investing business. It runs without government control, therefore exposing possible hazards to investors. The business has a Facebook presence at https://www.facebook.com/thedollarfx and offers customer service over phone at 02-2755652.
Fund Managers Extend Hedge Tenors Amid FX Volatility Risks
North American fund managers extend hedge tenors amid rising FX volatility, which is driven by market conditions and upcoming US elections.
Genesis
Established in 1993 and with US headquarters, Genesis Markets offers Forex, shares, cryptocurrencies, indices, and commodities among other market tools. Though unlicensed, the company provides its clients with the Genesis CFD Markets Trade Assistant platform. Customer assistance may be accessed by phone at +1(443) 650-3507 and by email at support@genesiscfdmarkets.com.
Parkway FX
Established in 2012 and with headquarters in the United Kingdom, Parkway FX is an unregulated trading platform providing Forex, commodities, energy, indices, and cryptocurrencies among other market instruments. Customer service can be accessed by phone at +604 615 8135 or by email at info@ParkwayFX.com.
Steve Commodity
Founded in 2023 and situated in India, Steve Commodity is an unregulated trading platform providing a range of specialist trading services. These comprise the Advanced Steve MCX Pack, Base Metal Super Trend, Superior Crude Pack, Special Crude Pack, MCX IGT Pack, Hi Tech Bullion Pack. Customer assistance can be accessed by phone at +91 9045188277 or by email atinfo@stevecommodity.com.
GoTrading
Established in 2002 with headquarters in China, GoTrading is an unregistered broker offering Standard, ECN, and Islamic accounts among other types. Standard and Islamic accounts have 2 pips spread; the minimum deposits for these accounts are $100, $5000, and $10000 respectively. The broker emails clients via Support@Gotradingco.Com and employs the MT5 trading system.
Fxinvestcrypto
Fxinvestcrypto, a brokerage registered in the United States, is located at 20 Cooper Square, New York, NY 10003, USA. If you have any questions about the broker, you can contact the broker at the phone number provided by the broker +1(609)766-9151 or support@fxinvestcrypto1.com. However, Fxinvestcrypto is not currently subject to any regulation, so investors are asked to consider carefully whether to trade.
dfxoption
dfxoption offers seven types of accounts: Starter, Bronze, Silver, Gold, Platinum, VIP and Long-term investment, with different interest rates. However, dfxoption operates without any regulatory oversight, and the official website is unavailable currently. This lack of rules and visibility might put investors at higher risk.
cryptobitza
Cryptobitza was founded in United States about 2-5 years ago. It is located at 74096 N Highland St, Arlington VA 32101, USA. The most benefit is that it offers some tradable Assets: Forex, metals, stocks, indicies, commodities, oil/gas. However, the disadvantage is its inaccessible website.
COMIC FX
The greatest strength of COMIC FX is its five account types and different payment methods. And the greatest weakness of it is the unregulated platform. We should consider both of them when we trade.
Fitch Forex
Fitch Forex is an unregulated brokerage company registered in the United Kingdom. This firm specializes in forex trading, with auto trading service as an option. Fitch Forex gives 1780+ tradable instruments with the popular MT5 platform. This firm does not provide managed portfolios services. And lack of transparency about account types is another drawback.
5 STar Trading Platform
Founded in 2020, 5 STar Trading Platform is an unregulated brokerage company registered in the United States. This firm boasts of its diverse tradable instruments. There are some complaints and negative reviews about this broker, which make this broker untrustworthy to trade with.
Der1v
Der1v offers 100+ traceable assets including forex, commodities, synthetic indices, and stock indices, to meet different trading needs with 24/7 trading service. However, Der1v operates without any regulatory oversight, and the official website is unavailable currently. This lack of rules and visibility might put investors at higher risk.
Soho Markets
Soho Markets, operated by Vstar & Soho Markets Ltd and regulated by Cyprus Securities and Exchange Commission (CySEC) (license number 409/22), offers a secure trading environment since its establishment in 2011 in Cyprus. They provide a variety of financial instruments including Forex, Metals, Energy, Commodities, Stocks, Indices, and Crypto CFDs. Soho Markets supports 24/7 automated customer service via live chat and active engagement on social media platforms.
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