Home -
Original -
Main body -

WikiFX Express

XM
FXTM
IC Markets Global
EC markets
TMGM
FOREX.com
HFM
pepperstone
octa
SECURETRADE

The Austrian FMA Has Issued A Warning Against The Offshore Broker BEST STOCKS TRADE

WikiFX | 2022-11-17 15:19

Abstract:The Austrian financial regulator Finanzmarktaufsicht (FMA) has issued a warning about Best Stocks Trade, commonly known as Bstrade, which operates from the website bstrade.co.

The Austrian FMA Has Issued A Warning Against The Offshore Broker BEST STOCKS TRADE (1).png

The Austrian financial regulator Finanzmarktaufsicht (FMA) has issued a warning about Best Stocks Trade, commonly known as Bstrade, which operates from the website bstrade.co.

Here is the full article from FMA: https://www.fma.gv.at/en/bstrade-best-stocks-trade/

FMA.png

Best Stocks Trade looks to be an offshore broker based in St. Vincent and the Grenadines that provides trading in stocks and indices, CFDs, Forex, and commodities. The firm intends to target many European markets, especially English, Spanish, Italian, and German-speaking nations.

Yellow Minimalist Mobile Apps Mockup Instagram Story (4) (1).png

The Italian regulator Commissione Nazionale per le Società e la Borsa has put Bstrade.co and its operator Florishing Group LLC to its blacklist (CONSOB).

Here is the full article from CONSOB: https://www.consob.it/web/consob-and-its-activities/warnings?viewId=ultime_com_tutela

CONSOB.png

According to the FMA, this supplier is not permitted to conduct financial transactions in Austria that need a license. As a result, the supplier is not able to trade commercially on its own or behalf of others.

You can check out more of Best Stocks Trade here: https://www.wikifx.com/en/dealer/1366792050.html

Stay tuned for more Forex regulatory news.

Download the WikiFX App from the App Store and Google Play Store to stay updated on the latest news.

Footer-New.jpg
Fraud AlertScam Alertforex marketForex newsForex BrokerBroker

Related broker

Not Regulated
Best Stocks Trade
Company name:Best Stocks Trade
Score
1.45
2-5 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
1.45

Read more

Headway Review 2026: Examining the Latest Withdrawal, Slippage and Spread Complaints

Did your profits disappear just as you tried to withdraw funds from your Headway account? Have you been manipulated in the name of a forex bonus challenge by receiving a negligible sum compared to what was promised? Did you face capital losses due to abnormal spreads and slippages? Your issues resonate with others who have complained about the broker online. In this Headway review article, we have investigated these complaints while providing our firm view on the broker’s regulatory oversight.

Original 2026-06-02 20:54

Pay a 17% Tax First, Then You Can Withdraw" — How Nixse Allegedly Held One Trader's €25,000 Hostage

Imagine logging into your trading account and seeing a balance of €25,860. You started with €12,450, you traded carefully, and now you want to pull out a modest €5,000 — money that, on paper, is sitting right there waiting for you. Then the message arrives: before you can withdraw a single euro, you must first pay a "stock market flat tax" of 17% on all your earnings. That is more than €4,400, demanded upfront, with no invoice, no official document, no legal basis whatsoever. You refuse. Your account is promptly frozen. That is not a hypothetical. According to a complaint filed on WikiFX, it is exactly what one French trader says happened to them with Nixse — and it is a textbook example of one of the oldest, ugliest tricks in the online trading world. Let's unpack what Nixse is, what users are reporting, and why the warning signs around this broker are flashing bright red.

Original 2026-06-02 20:17

TotalFX Dangles 1:1000 Leverage and a $0 Minimum Deposit - But Is Its Regulation Strong?

On the surface, TotalFX reads like a brand-new trader's wish list come to life. No minimum deposit, so you can start with almost nothing. Leverage cranked all the way up to a jaw-dropping 1:1000. Spreads advertised from 0.0 pips. Both MetaTrader 5 and cTrader available. Copy trading baked right in. Tick, tick, tick, tick. If you were building a checklist of "things that make a broker look beginner-friendly," TotalFX would seem to hit nearly every box. But how strong is its regulatory background? Let's find out!

Original 2026-06-02 18:05

She Thought She Found Love. Instead, She Lost 1.5 Million Baht and a Luxury Sports Car.

He Claimed Elite Connections. She Ended Up Losing Millions and Her Dream Car

Original 2026-06-02 14:00

WikiFX Express

XM
FXTM
IC Markets Global
EC markets
TMGM
FOREX.com
HFM
pepperstone
octa
SECURETRADE

WikiFX Broker

STARTRADER

STARTRADER

Regulated
VT Markets

VT Markets

Regulated
eightcap

eightcap

Regulated
GTCFX

GTCFX

Regulated
vantage

vantage

Regulated
FxPro

FxPro

Regulated
STARTRADER

STARTRADER

Regulated
VT Markets

VT Markets

Regulated
eightcap

eightcap

Regulated
GTCFX

GTCFX

Regulated
vantage

vantage

Regulated
FxPro

FxPro

Regulated

WikiFX Broker

STARTRADER

STARTRADER

Regulated
VT Markets

VT Markets

Regulated
eightcap

eightcap

Regulated
GTCFX

GTCFX

Regulated
vantage

vantage

Regulated
FxPro

FxPro

Regulated
STARTRADER

STARTRADER

Regulated
VT Markets

VT Markets

Regulated
eightcap

eightcap

Regulated
GTCFX

GTCFX

Regulated
vantage

vantage

Regulated
FxPro

FxPro

Regulated

Latest News

BONUS Review 2025: Is This Forex Broker Safe?

WikiFX
2026-06-01 13:30

Trading.com Secures MiCA Licence in Cyprus as Crypto Access Becomes Part of Its EU Strategy

WikiFX
2026-06-01 17:16

The Hidden Risks of Margin Calls and How to Trade Trends Safely

WikiFX
2026-06-02 12:30

T4Trade Review 2026: Official Warnings and Withdrawal Risks

WikiFX
2026-06-02 14:00

LONG ASIA Review 2026: Withdrawal Complaints and Unverified Regulation

WikiFX
2026-06-02 13:30

TotalFX Dangles 1:1000 Leverage and a $0 Minimum Deposit - But Is Its Regulation Strong?

WikiFX
2026-06-02 18:05

Pay a 17% Tax First, Then You Can Withdraw" — How Nixse Allegedly Held One Trader's €25,000 Hostage

WikiFX
2026-06-02 20:17

Brokers With Maximum Credible Regulatory Licences

WikiFX
2026-06-01 14:27

Deriv Review 2025: Is This Forex Broker Safe?

WikiFX
2026-06-01 13:30

Manual vs. Mechanical Trading: Turning Market Feel Into Automated Rules on MT5

WikiFX
2026-06-01 13:30

Rate Calc

USD
CNY
Current Rate: 0

Amount

USD

Available

CNY
Calculate

You may also like

CAPITAL DEFI

CAPITAL DEFI

Swifts Capital

Swifts Capital

FASTWIN

FASTWIN

COREVAULTSHPERE

COREVAULTSHPERE

XESNIPER CAPITAL

XESNIPER CAPITAL

Defi-TradeXpert

Defi-TradeXpert

EXTROTRADE

EXTROTRADE

ProTradeXBT

ProTradeXBT

EET MARKETS

EET MARKETS

Crestfm Trade

Crestfm Trade