Home -
Exposure -
Main body -

WikiFX Express

TMGM
Exness
GTCFX
XM
EC markets
FXTM
AVATRADE
SBCFX
FOREX.com
D prime

Scam Alert: FCA Issued Warning! Check the List of Unauthorized Brokers Below!

WikiFX | 2025-08-01 18:07

Abstract:Attention Traders! Never ignore a warning from a trusted authority like the UK’s FCA. If you do, you could risk losing your money. Check the list below of Scam forex brokers to protect yourself.

1280x720-2.jpg

Attention Traders!

Never ignore a warning from a trusted authority like the UKs FCA. If you do, you could risk losing your money. To protect yourself, always stay alert and informed. Check the list below of Scam forex brokers which are operating in the forex market without a proper license.

Unauthorised firm details

1. Name: UTForex

Website: https://utforex.net

img_v3_02oo_b286b5d4-cabb-40b4-b5df-7672327d206g.jpg

2. Name: Cryptonite AI

Website: https://cryptonite-ai.net

img_v3_02oo_54896849-6ef5-4d2e-ad87-7c9034365e5g.jpg

3. Name: Lab of Crypto / @labofcrypto1 / @LadyofCrypto1

Social Media Details: YouTube: @labofcrypto1 X: @LadyoCrypto

img_v3_02oo_78f32987-c1db-4884-9e5e-1ea140dcd29g.jpg

4. Name: MarvexTrader

Website: https://marvextraderapp.net, https://marvextrader-app.net

img_v3_02oo_273c3666-2ea0-452d-8f32-832cacaaa27g.jpg

5. Name: Patrimoine Trade

Address: 25 Copthall Ave, London, UNITED KINGDOM, EC2R7BP

Email: support@patrimoinetrade.pro

Website: https://patrimoinetrade.pro

img_v3_02oo_8d308482-2b10-47ad-9c03-7ed49996635g.jpg

FCA Alerts

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.

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.

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!

WIKIFX SCAN.jpg
Scam AlertInvestment ScamFraud AlertForex tradingForex BrokerForex newsforex market

Related broker

Not Regulated
UTForex
Company name:UEDA TOTAN FOREX LTD
Score
1.91
Website:https://www.ut-forex.com/
5-10 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
1.91

Read more

Spreadex Review: Wider Spread & Unexplained Account Closure Allegations for This 2-Decade-Old Broker

Did you incur trading losses on the Spreadex platform due to wider spreads? Have you experienced delays in trade processing by the United Kingdom-based forex broker? Has your Spreadex trading account been closed without any explanation? You are not alone! Many traders have expressed concerns on online broker review platforms. In this Spreadex review 2026, we have covered user allegations and provided a regulatory framework the broker operates under.

Original 2026-07-29 21:01

cTrader White Label Platform: A Practical Guide for Broker Evaluation and Multi-Asset Expansion in 2

A broker can launch a white-label platform quickly and still fail the first serious operating test. The failure often begins quietly: an assets expansion has been approved, the client app is branded, and a new account journey looks complete. Then a client asks why a trade-related status, funding hand-off, or account restriction looks different across channels. Support cannot see the same reference trail as operations. The product owns the screen, but no one owns the explanation. The issue is not a missing feature. It is an untested operating model. That is why a cTrader white label platform should be evaluated as a route to a multi-asset service - not as a shortcut to a more attractive terminal. The central question is whether the broker can add instruments, client channels, integrations, and service capacity without making its controls harder to operate or explain.

Original 2026-07-29 17:36

Perry Warjiyo Resigns: Why the Rupiah Moved Above Rp18,000 per US Dollar

Perry Warjiyo resigned as Bank Indonesia governor, Destry Damayanti became acting governor, and the rupiah traded above Rp18,000. Here is what forex traders should monitor next.

Original 2026-07-28 17:03

Is TradingPRO Safe? FCA Warning, Indonesia Blocklist Evidence, and 7 Checks Before You Deposit

This Trading Pro broker review checks the FCA warning, Indonesia blocklist evidence, licence claims, and what South Asian users should verify before depositing.

Original 2026-07-24 18:49

WikiFX Express

TMGM
Exness
GTCFX
XM
EC markets
FXTM
AVATRADE
SBCFX
FOREX.com
D prime

WikiFX Broker

FXTM

FXTM

Regulated
DLSM

DLSM

Regulated
XM

XM

Regulated
EBC FINANCIAL GROUP

EBC FINANCIAL GROUP

Regulated
SBCFX

SBCFX

Regulated
ACCM

ACCM

Regulated
FXTM

FXTM

Regulated
DLSM

DLSM

Regulated
XM

XM

Regulated
EBC FINANCIAL GROUP

EBC FINANCIAL GROUP

Regulated
SBCFX

SBCFX

Regulated
ACCM

ACCM

Regulated

WikiFX Broker

FXTM

FXTM

Regulated
DLSM

DLSM

Regulated
XM

XM

Regulated
EBC FINANCIAL GROUP

EBC FINANCIAL GROUP

Regulated
SBCFX

SBCFX

Regulated
ACCM

ACCM

Regulated
FXTM

FXTM

Regulated
DLSM

DLSM

Regulated
XM

XM

Regulated
EBC FINANCIAL GROUP

EBC FINANCIAL GROUP

Regulated
SBCFX

SBCFX

Regulated
ACCM

ACCM

Regulated

Latest News

OtetMarkets Review: Traders Report Frozen Funds and Withdrawal Blocks , Score Sits at 2.00

WikiFX
2026-07-30 15:00

Is Octa Safe for Malaysian Traders? Deep Dive into Octa's Regulatory Status

WikiFX
2026-07-30 12:43

Pocket Broker Review: Is Your Deposit Safe?

WikiFX
2026-07-30 14:00

Review 2026: Dollars Markets Regulation, Withdrawal Complaints, and Platform Risks

WikiFX
2026-07-30 15:00

Capital Guard Liquidated: $17.4m Raised, Most Funds Gone

WikiFX
2026-07-30 15:00

Why the Dollar Moves Almost Every Forex Pair

WikiFX
2026-07-28 11:00

BX Trade Review: Is This Unregulated Broker Worth the Risk?

WikiFX
2026-07-28 12:00

STMARKET Review: Withdrawal Complaints Cloud a Low-Rated Broker, What to Know Before You Deposit

WikiFX
2026-07-28 12:00

Deriv Review: What Traders Should Know Before Depositing

WikiFX
2026-07-28 15:00

Dollar Steadies as Rupee Finds Market Support

WikiFX
2026-07-28 12:30

Rate Calc

USD
CNY
Current Rate: 0

Amount

USD

Available

CNY
Calculate

You may also like

Alphaguidancegroup

Alphaguidancegroup

7startradeoptions

7startradeoptions

Tradixvest

Tradixvest

Coin Cryptime

Coin Cryptime

Global Capital Network

Global Capital Network

BinoDex

BinoDex

TradeSphere

TradeSphere

Auriqornexus

Auriqornexus

ApxTrades

ApxTrades

Vantrexx

Vantrexx