Global Broker Regulation Inquiry App
WikiFX
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
Scam Alert: 7 Suspicious Brokers Banned by Trusted Authority
Abstract：One of the Reputed Authority, the Financial Conduct Authority (FCA), has issued a warning against seven illegal brokers . These brokers are offering financial services to people with the intention to commit fraud.
One of the Reputed Authority, the Financial Conduct Authority (FCA), has issued a warning against seven illegal brokers who are operating without license. These brokers are offering financial services to people with the intention to commit fraud. They are promoting their services just to swindle people out of their money.
LIST OF SCAM BROKERS
Name: SolavexTrader
Website: www.solavextrader.net
Name: Cloud Invest
Website: www.cloud-invest.net
Name: Crypto Bank
Website: www.crypto-bankapp.net
Name: PlexyTrade
Website: www.plexytrade.net
Name: RevalixTrader
Website: https://revalixtrader.net
Name: Q Savings
Address: UNITED KINGDOM
Telephone: +447700104668
Mobile: +13322163850
Email: quantocksavings@gmail.com
Website: https://qsavings.pro/
Name: The Crypto Invest
Address: UNITED KINGDOM
Telephone: +923293397221
Email: thecryptoinvest1@gmail.com
Website: https://thecryptoinvest.net/
Name: ROBOTRADE / robotrade.vip
Address: Boroughbridge Road, Birmingham, UNITED KINGDOM
Telephone: +447795959667
Website: https://robotrade.vip/
What Is FCA ?
The Financial Conduct Authority (FCA) is the United Kingdom‘s independent financial regulatory body responsible for overseeing financial markets and firms. FCA’s core responsibilities include protecting consumers, maintaining the integrity of the UK financial system, and promoting healthy competition within financial markets.
Why FCA Warning Matter?
An FCA (Financial Conduct Authority) warning is a serious alert that a broker or financial service is operating without proper authorization in the UK. The FCA is one of the worlds most respected financial regulators, and its role is to protect investors from fraud, scams, and unethical practices.
If a broker receives an FCA warning, it means:
1. The broker is not licensed or regulated by the FCA.
2. It is not allowed to offer financial services in the UK.
3. Your funds are not protected under UK financial laws.
4. You have no legal recourse if the broker disappears or refuses withdrawals.
Join WikiFX Community
Be attentive and stay updated with WikiFX. You can get all the information you need to know about the Forex market, fraud alerts, and the latest news related to Forex trading — all in one place. Join the WikiFX Community by scanning the QR code at the bottom.
Steps to Join
1. Scan the QR code below
2. Download the WikiFX Pro app
3. After installing, tap the Scan icon at the top right corner
4. Scan the code again to complete the process
5. You have joined!
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 trading
Forex Broker
Forex news
forex market
Forex
Broker
Read more
KEY TO MARKETS Review: Are Traders Facing Withdrawal Delays, Deposit Issues & Trade Manipulation?
Did your deposits in KEY TO MARKETS’ forex trading fail to reflect despite numerous follow-ups with the broker? Are you facing margin lock up and withdrawal issues due to stuck limit orders? Do you find losses due to wide spreads on the KEY TO MARKETS login? Similar issues have been expressed by many traders online. In this KEY TO MARKETS review article, we will take a close look at the complaints. Read on!
Original 14m
Australia’s Fraud-Intel Network Exposes $60M in Scams
Australia’s financial sector is confronting another wave of increasingly sophisticated fraud schemes, uncovering more than $60 million in suspected scam attempts in the third quarter of 2025 alone. The findings come from BioCatch Trust Australia, a real-time fraud intelligence-sharing network launched in late 2024 that now covers over 85% of all banked Australians.
Original 1h
Valetax vs Taebank Markets — Which Broker Should You Choose?
This article is about the two brokers, Valetax and Taebank Markets.
Original 1h
Equiti Under Fire: Traders Report Sudden Fund Seizures and Blocked Withdrawals
They trade for weeks, sometimes months. They follow the market, execute their strategy, and watch their account balance grow. Then, without warning, it's all gone. Not from a bad trade, but from a decision made by the broker. Their profits are confiscated, their principal is wiped, and their account is locked. This is the alarming reality dozens of traders have reported to WikiFX about their experiences with Equiti, painting a picture of a platform where success can be punished without explanation. In the last three months alone, WikiFX has been flooded with 11 new complaints against Equiti, each one echoing a similar, disturbing story. The central theme? Traders who manage to generate profits find themselves abruptly accused of “improper trading” or “abuse,” a vague justification used to seize their funds and sever communication. The evidence submitted by these users points to a deeply concerning pattern that every potential trader in Africa must be aware of.
Original 1h
WikiFX Broker
Latest News
GCash Rolls Out Virtual US Account to Cut Forex Fees for Filipinos
WikiFXThe 350 Per Cent Promise That Cost Her RM604,000
WikiFXINZO Commission Fees and Spreads Breakdown: A 2025 Data-Driven Analysis for Traders
WikiFXGaranti BBVA Securities Exposed: Traders Report Unfair Charges & Poor Customer Service
WikiFX"Just 9 More Lots": Inside the Endless Withdrawal Loop at Grand Capital
WikiFXPrivate payroll losses accelerated in the past four weeks, ADP reports
WikiFXCore wholesale prices rose less than expected in September; retail sales gain
WikiFXConsumer confidence hits lowest point since April as job worries grow
WikiFXCFTC Polymarket Approval Signals U.S. Relaunch 2025
WikiFXMH Markets Commission Fees and Spreads Analysis: A Data-Driven Breakdown for Traders
WikiFXCurrency Calculator
USD
CNY
Current Rate: 0
Amount
USD
Available
CNY
Calculate