Broker Reviews & Investigations

Broker Directory: Check Before You Invest.

Research brokers, trading platforms, prop firms, exchanges, and trading mentors before depositing money. Our directory helps investors identify warning signs, review company information, and make more informed decisions.

Before investing, it's important to understand who you're dealing with. Many investors discover problems only after they attempt to withdraw funds or learn the company is not what it claimed to be.

$27 / 27
VERIFIED
AU / ASIC
9h
Tier-1 LP routing verified via server-log audit.
CAUTION
DUBAI / SHELL
184h
Excessive rule-violation denials. Payout ratio 0.4%.
CAUTION
CY / CYSEC
96h
Slippage anomalies during NFP windows under review.
VERIFIED
SG / MAS
4h
1:1 reserve attestation refreshed monthly.
VERIFIED
US / DELAWARE
48h
Payout webhook audit consistent over 18 months.
VERIFIED
UK / FCA
12h
Physical walkthrough completed in London HQ.
VERIFIED
CH / FINMA
18h
Segregated client funds verified by external auditor.
REVOKED
ANONYMOUS LLC
>1000h
Evaluation-fee Ponzi structure. No payouts in 9 months.
REVOKED
SG / MAS WARNING
Added to MAS Investor Alert List.
Bomwin
BV-SG102
REVOKED
SG / MAS WARNING
Added to MAS Investor Alert List.
Covey FX
BV-SG103
REVOKED
SG / MAS WARNING
Added to MAS Investor Alert List.
REVOKED
SG / MAS WARNING
Added to MAS Investor Alert List.
REVOKED
SG / MAS WARNING
Added to MAS Investor Alert List.
WBF Exchange
BV-SG106
REVOKED
SG / MAS WARNING
Added to MAS Investor Alert List.
REVOKED
SG / MAS WARNING
Added to MAS Investor Alert List.
REVOKED
SG / MAS WARNING
Added to MAS Investor Alert List.
REVOKED
SG / MAS WARNING
Clone firm impersonating regulated entity.
Zoneswap
BV-SG110
REVOKED
SG / MAS WARNING
Added to MAS Investor Alert List.
CAUTION
TELEGRAM
Affiliate links to revoked broker NovaFX Global.
REVOKED
OFFSHORE / SVG
>720h
B-Book synthetic price manipulation confirmed.
REVOKED
DISCORD / IG
MyFxBook reverse-engineered. Track record fabricated.
PENDING
BVI / OFFSHORE
Reserve attestation requested. Awaiting response.
REVOKED
UNKNOWN
Notorious auto-trader funnel for unregulated brokers.
NovaTechFX
BV-9912
REVOKED
OFFSHORE / SVG
>2000h
SEC charged founders with $650M Ponzi scheme.
REVOKED
UNKNOWN
FCA-flagged Clone Firm stealing identity of Fidelity.
Validus
BV-9934
REVOKED
DUBAI
>720h
Unlicensed MLM scheme. ASIC & FCA warnings.
OmegaPro
BV-9925
REVOKED
DUBAI (Claimed)
>5000h
Global MLM collapsed. Multiple regulatory warnings.
Comparison buffer
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Understanding Our Ratings

Status System

Our directory uses a simple status system to help investors quickly identify potential concerns.

APPROVED

Companies that have not presented significant concerns based on our review. This does not guarantee future performance or eliminate risk. Investors should always conduct their own research.

WARNING

Companies where one or more concerns have been identified (e.g. customer complaints, transparency issues, withdrawal concerns). Additional caution may be appropriate.

HIGH RISK

Companies associated with significant concerns like unresolved complaints, misleading claims, or patterns commonly associated with scams.

UNDER REVIEW

Research is ongoing. Additional information may be required before a final assessment can be made.

Investor Research Tool

Research Before You Deposit

Many investors spend more time researching a television than they do researching a broker. Unfortunately, financial scams often rely on this reality.

Professional websites, convincing sales representatives, social media promotions, and positive online reviews can create the appearance of legitimacy. That appearance is not always accurate.

Our goal is to provide investors with additional information before they commit funds. Research takes minutes. Recovering losses can take years.

Research Areas

What We Review

When evaluating brokers and investment businesses, we may review company registrations, business history, public records, website information, customer complaints, regulatory disclosures, withdrawal reports, and marketing practices.

The information available varies by company and jurisdiction. Some businesses provide substantial transparency. Others provide very little. Understanding that difference can be valuable in itself.

Common Red Flags

Warning Signs Investors Should Watch For

Certain patterns appear repeatedly in scam reports and investor complaints. While no single warning sign proves fraud, multiple warning signs often deserve closer attention.

Withdrawal Problems

Investors report difficulty accessing their funds due to unexpected fees, additional deposit requests, tax payment demands, or endless verification requirements.

Guaranteed Returns

No legitimate investment can guarantee profits. Be cautious whenever extraordinary returns are presented as certain.

Pressure to Act Quickly

Scammers frequently create urgency through limited-time opportunities, bonus deadlines, or claims that opportunities will disappear.

Lack of Transparency

Investors should understand who owns the company, where it operates, and how it is regulated. When basic info is hidden, caution is warranted.

Influencer Promotion

Some brokers rely heavily on influencers, affiliates, and trading mentors. Investors should evaluate the broker independently.

Request a Review

Cannot Find a Company?

Not every broker or investment company is already listed. New businesses appear every day.

If you cannot find a company in our directory, submit it for review. Our research team continuously evaluates new brokers, platforms, exchanges, prop firms, and trading mentors.

  • You are considering investing.
  • You are experiencing withdrawal problems.
  • You have concerns about legitimacy.
FAQ

Frequently Asked Questions

Is the directory free to use?

Yes. The directory is available to investors at no cost.

Does an Approved rating mean a company is safe?

No. All investments involve risk. An Approved status simply means significant concerns were not identified during our review.

Does a High Risk rating mean a company is a scam?

Not necessarily. Ratings reflect concerns identified during research and should be considered alongside your own due diligence.

How often are listings updated?

Listings are updated as new information becomes available.

Can I request a company review?

Yes. If a company is not currently listed, you may submit it for consideration.

Final Action

Research First. Invest Second.

A few minutes of research today can help you avoid significant financial losses tomorrow.

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    LOC_TIMESTAMP: 2026-06-01T14:43:20.923Z
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