List of Brokers banned by Forexfraud
 

1. Trade24- NEW WARNING!!! 22 Sep 2016
2. CWM FX
3. InstaForex
4. Sigma Forex
5. Crown Forex
6. Forex Macro
7. Refco
8. Cyber Market group
9. Joe Lewis Trading (JLTrading.com):

Although there have been no recent charges levied against Joe Lewis Trading. (also known as joelewis-trading.com, JLTrading.com and Lon-ist investment managers) we at ForexFraud.com feel there are enough earmarks that they may not be a secure and trustworthy broker. As such, we strongly caution against investing with Joe Lewis Trading at this time.
Peregrine Financial Group

Re: List of Brokers banned by Forexfraud
 

I am glad that Instaforex is there because they care absolutely zero about users and have absolutely terrible customer service which helps no one. So we have to be extremely selective with the broker we work with.

Re: List of Brokers banned by Forexfraud
 

Trade24 too. There have been many warnings about them over the years and from different agencies and regulators all over the world, avoid them, they are a scammer.

Re: List of Brokers banned by Forexfraud
 

Yes, you are right even one of my friends invested there but ultimately they scammed his money so don't invest there.

Re: List of Brokers banned by Forexfraud
 

Though MT5 was released a few years back still mt4 is really popular so which is why traders should use mt4 than mt5 and obviously people can use FreshForex broker mt4 software as that is totally unique and very easy to use.

https://i.imgur.com/Vva1UJh.png