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10 Unlicensed Brokers Exposed – Check Now to Stay Safe!

WikiFX | 2025-07-07 18:27

Abstract：Traders need to stay informed, as scam brokers are active in the forex market. It's a basic rule for forex beginners to stay updated and check the Warning List. Here is the Warning List of unauthorized brokers you should avoid.

Traders need to stay informed, as scam brokers are active in the forex market. It's a basic rule for forex beginners to stay updated and check the Warning List. Here is the Warning List of unauthorized brokers you should avoid.

1. Name: Flipcoin

Address: London

Email: support@flipcoin.exchange

Website: www.flipcoin.exchange

2. Name: elitepipsfx

Address: 60 Gresham Street, London, EC2V, 7BB

Mobile: 07846608772

Email: info@elitepipsfx.com

Website: https://elitepipsfx.com/

3. Name: Norinchuckin UK Bank London/norinchukinuk.com (Clone of FCA authorised firm)

Email: noreply@norinchukinuk.com,

info@norinchukinuk.com

Website: www.norinchukinuk.com

4. Name: London Block exchange/LBX

Address: 1 Canada Square, London, E145AB

Website: www.lbx.com

5. Name: Savexa

Mobile: +447822107974

Email: support@savexa.com

Website: www.savexa.com

6. Name: Quantafxai

Address: 16-18 Monument St, London, UNITED KINGDOM, EC3R 8AJ

275 Slater St. #900, ON Ottawa, CANADA, K1P 5H9

Email: support@quantafxai.io

Website: www.quantafxai.io

7. Name: BullUndBear

Address: 167-169 Great Portland Street, London, UNITED KINGDOM, W1W 5PF

Mobile: +447520637318

Email: support@bullundbear.com

Website: www.bullundbear.com

8. Name: MaxAi Trader

Address: Elmfield Rd, Broadway, Bromley, UNITED KINGDOM, BR1 1LW

Telephone: +448455642134

Email: support@maxaitrader.com

Website: www.maxaitrader.com

9. Name: TRADERS PROFIT

Address: 25 St Mary Axe, London, EC3A 8AA

Email: support@tradersprofit.live

Website: https://tradersprofit.live

10. Name: Moneywise / moneywisemarketplace.com

Email: info@moneywisemarketplace.com,

paul@moneywisemarketplace3.co.uk

Website: https://moneywisemarketplace.com/

FCA Said

The Financial Conduct Authority (FCA) stated that these firms may be offering or promoting financial services or products without its authorization. The FCA warns clients to avoid dealing with these firms and beware of scams.These firms are not authorized and may be involved in swindling peoples money. Stay alert—investment scams are becoming increasingly common. While forex beginners are often the main targets, even experienced traders are now falling victim too.

Check this article too - www.wikifx.com/en/newsdetail/202507072324611571.html

Find the FCA Warning List Here

The latest list is available on the official FCA website. To view it, visit the website, go to the News section, and click on Warnings to see the latest list of scam brokers.

Stay Updated—Join WikiFX Community

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Related broker

No Regulation

Savexa

Company name：Trade Tide Ltd

Score

1.20

1-2 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.20

HIJA MARKETS User Reputation: Is It Safe or a Scam? An Evidence-Based Analysis

Is HIJA MARKETS safe or a scam? This is the key question for any trader thinking about using this platform, and our research aims to give a clear, fact-based answer. Based on proven information, Hija Markets shows several major warning signs that require serious caution. The platform started very recently in late 2024, has no financial oversight, and barely exists online - these are huge red flags. This article will examine these issues to show the possible risks to your capital. We will look at the company's background, rules it follows, and how open it is about its business. Before investing with any broker, checking it independently is essential for safety. We strongly suggest using a complete platform, such as WikiFX, to check a broker's legal status and user reviews as your first step.

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HIJA MARKETS Regulation: A Complete Guide to Understanding Its Unregulated Status

s Hija Markets regulated? After checking official regulatory databases, we can confirm that Hija Markets is not a regulated broker. The company, Hija Global Markets Ltd, is registered as an International Business Company (IBC) in Saint Lucia. However, being registered as a business is very different from having a financial license that allows them to handle your capital for trading. Without a license from a recognized financial authority, there is no regulatory oversight, no protection for your capital, and no required process for resolving disputes. This article will explain the evidence behind this conclusion, show you the serious risks involved, and give you a clear guide on how to check this information for any broker. Before choosing any broker, especially one with warning signs like these, an important first step is to check its profile on a verification platform, such as WikiFX, to get the complete picture.

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HIJA MARKETS Legitimacy Check: Is This a Fake Broker or a Legitimate Trading Partner?

Picking a trading broker is one of the most important financial decisions an investor can make. Your capital, your profits, and your peace of mind all depend on whether the platform is honest. You are smart to be careful, especially when you see a new name like Hija Markets. This platform says it is a modern, full-featured online brokerage, but what is really going on behind the scenes? This article gives you a complete, fact-based look into whether Hija Markets is legitimate. Our goal is to look past the marketing and study real facts to answer one main question: Is this a safe trading partner? While Hija Markets look attractive on the surface, our research shows several serious warning signs, especially that it has no financial regulation at all, which creates a big and unacceptable risk to traders' capital.

Original 2026-01-19 17:11