RED ALERT: Weekly Scam Brokers List REVEALED!! Check Before You Invest!

Scam Alert! This article reveals the scam brokers you need to watch out for. Each paragraph gives you a short overview of a warning signs of the broker you shouldn‘t ignore. We’ve also added links so you can read the full details about each one and protect your money before its too late.

1. User Reports Issues with TMI Markets! Be Worried About Your Investment- Click here www.wikifx.com/en/newsdetail/202509048014120423.htmlto read the full article.

TMI Markets is a new forex broker, launched in 2022, which means it has a very short history in the trading world. The company says it is licensed by Mwali (Moheli), Comoros Union, but this is not a well-known or trusted regulator. According to WikiFX, a popular website that checks brokers, TMI Markets has a very low score of just 1.35 out of 10. This is a big red flag and suggests the broker might not be safe or reliable.

2. Planning to Trade with Zentrader? Know 5 Risks- click here www.wikifx.com/en/newsdetail/202509046504979674.htmlto read the full article.

Zentrader only offers its own trading platform and does not support popular platforms like MetaTrader 4 (MT4) or MetaTrader 5 (MT5), which many traders prefer. It is also not regulated by any well-known or trusted financial authority. This means there may be less protection for investors and weaker rules for fair trading. For traders who use technical analysis, Zentraders charting tools may feel too basic. The platform lacks advanced features and indicators, making it less useful for those who need detailed analysis to make informed decisions.

3. PO TRADE Is a Threat to Your Funds!-Click here www.wikifx.com/en/newsdetail/202509049154677692.htmlto read the full article.

According to WikiFX, PO Trade has a very low score of just 1.87 out of 10, which raises serious concerns about the platforms transparency, regulation, and overall user experience. While PO Trade is licensed by the Mwali Financial Services Authority, this regulator is not considered a top-tier authority in the global financial market. WikiFX has even issued a warning against PO Trade, advising traders to be cautious. When a trusted review platform highlights such risks, it should not be ignored. All these factors suggest that PO Trade may not be a safe or reliable platform for trading.

4. HonorFX Scam Alert! 5 Warnings to know- click here www.wikifx.com/en/newsdetail/202509031954765191.htmlto read the full article.

On January 17, 2022, the Comisión Nacional del Mercado de Valores (CNMV) of Spain issued a public warning against HonorFX, stating that the broker is not authorized to offer investment services or conduct financial activities in Spain. Later that year, the French regulator AMF (Autorité des Marchés Financiers) also blacklisted HonorFX, adding it to its list of unauthorized forex service providers, which often includes brokers involved in deceptive or unsafe practices. One of the most concerning issues with HonorFX is its lack of transparency—the broker's website does not provide basic information such as the companys name, country of origin, or even a physical address, making it difficult for traders to verify its legitimacy.

5. Red Flags About ProsureFX- click here www.wikifx.com/en/newsdetail/202509034274202172.htmlto read the full article.

Transparency is important when choosing a broker, but ProsureFX lacks key information. Important details like their fees, company address, leverage, and the team behind the company are either unclear or missing. WikiFX, a trusted broker review platform, has issued a serious warning about ProsureFX, suggesting that your money may not be safe with them. This is backed up by ProsureFX's very low trust score of just 1.10 out of 10 on WikiFX. Such a low score is a big red flag, as it reflects issues with regulation, user feedback, and overall transparency.

6. Upstox Scam Alert!- click here www.wikifx.com/en/newsdetail/202509027214259661.htmlto read the full article.

WikiFX, a well-known platform for reviewing and rating global forex brokers, has investigated Upstox and raised several serious concerns. The broker received a very low score of just 1.65 out of 10, which is more than just a number—its a strong warning about potential issues with licensing, transparency, and security. Such a low rating indicates major trust concerns and possible risks for users. Based on their findings, WikiFX has issued a clear and serious warning: “Warning: Low score, please stay away!”

7. 6 Truth About Fortex- click here www.wikifx.com/en/newsdetail/202509012444186644.htmlto read the full article.

Customer feedback about Fortex highlights a pattern of poor responsiveness and unresolved issues, particularly with delayed or blocked withdrawal requests. Many users reported that their concerns were met with vague or slow responses from the support team, despite multiple follow-ups. Additionally, Fortex only offers customer support in English and Traditional Chinese, which creates a major barrier for users who speak other languages, limiting accessibility for global traders. WikiFX, a trusted broker review platform, has given Fortex a very low score of 1.56 out of 10. This rating comes with a serious warning, pointing to major concerns about the brokers reliability and overall operations. Investors are strongly advised to approach Fortex with extreme caution.

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