Better Aware than Regret! Watch out the list of “Most Complained brokers” in India

CAPPMOREFX | 2023-10-10 15:29

Abstract：You have seen many people around you. Who do not thoroughly investigate before investing and later on when their hard-earned money gets swindled by fraudulent brokers. They regret and rant. Before you end up in this worse situation, We are informing you about the most complained brokers in India during the last month because Its Better Aware than Regret and Rant. Watch out for the list below, and beware.

You have seen many people around you. Who do not thoroughly investigate before investing and later on when their hard-earned money gets swindled by fraudulent brokers. They regret and rant. Before you end up in this worse situation, We are informing you about the most complained brokers in India during the last month because Its Better Aware than Regret and Rant. Watch out for the list below, and beware.

1. CapmoreFX

- Established in 2022, CapmoreFX is a regulated forex and CFD brokerage firm that is registered in Saint Vincent and the Grenadines. CapmoreFX offers its clients access to leading trading platforms, including MetaTrader 4 (MT4), that allow clients to trade a variety of financial instruments, including forex, cryptocurrencies, commodities, indices, and stocks.

2. Sapphire Markets

- Registered in Saint Vincent and the Grenadines, Sapphire Markets is an offshore forex broker established in 2021, offering its clients a series of trading instruments, such as Foreign Exchange, Commodities, and more. Sapphire Markets claims traders can enjoy competitive spreads through the advanced MT5 trading platform, leverage up to 1:500.

3. ASFX

- ASFX is an online broker based in the United Kingdom. It uses the MetaTrader 5 software platform and offers a variety of trading options, including forex, commodities, indices and cryptocurrencies.

4. Standard Guarantee

- Standard Guarantee Trading Pro is an online trading broker owned by Standard Guarantee Trading Pro. The company is located at 866 Scott Street, Greenville, USA, ME 04441. To contact Standard Guarantee Trading Pro, their support team can be reached via phone at +44748788779 or by email at support@sgt-pro.online. Their website can be found at : sgt-pro.online

5. FXTrade

- FXTrade is an online broker registered in China, with its founding time, real address, and the company behind it not disclosed to all. FXTrade does not fall under any regulatory agencies, so FXTrade is just another unregulated broker, which means clients fund safety cannot be protected.

6. Growfic

- Growfic is a China-based Newbie broker. It is owned by Growfic Limited. Their website can be found at: https://growficlimited.com/. It has two years of experience.

7. AceFxPro

- AceFxPro, a trading name of Ace Global Limited, is allegedly a multi-asset broker founded in 2015 and registered in Saint Vincent and the Grenadines, claiming to provide its clients with the worlds most widely-used MT5 platform, flexible leverage up to 1:500.

Install the WikiFX app on your smartphone to stay updated with latest news of Forex. WikiFX is a global forex broker regulatory enquiry platform that has investigated and reviewed more than 40,000 brokers, collaborating with more than 30 national regulators. To learn more about the security and reliability of your chosen brokers, visit www.wikifx.com or download our free app from Google Play or app store.

Forex trading Forex Broker

Related broker

No Regulation

AceFxPro

Company name：Ace Global Limited

Score

1.50

Website：http://acefxpro.com/

5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Website：https://fxtrade.services/

5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Company name：Sapphire Markets LLC

Score

1.45

Website：https://www.sapphiremarkets.com

2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Company name：Cappmore Wealth Managers LLC

Score

1.41

Website：https://cappmorefx.com/

Stoppage of Business | 2-5 years | Suspicious Regulatory License | Suspicious biz area

Company name：ASFX LLC.

Score

1.41

Website：https://asforex.com

2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Company name：Growfic Limited

Score

1.38

Website：https://growficlimited.com/home.html

2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.38

No Regulation

Standard Guarantee Trading Pro

Company name：Standard Guarantee Trading Pro

Score

1.31

Website：https://www.sgt-pro.online/

2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.31

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