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List of Brokers banned by Forexfraud

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Old 14-12-2016, 13:15
Level IV Lasers Member
Join Date: Aug 2015
Posts: 423
Default 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 (
Although there have been no recent charges levied against Joe Lewis Trading. (also known as, and Lon-ist investment managers) we at 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
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Old 21-09-2019, 05:50
Level IV Lasers Member
Join Date: Jun 2015
Posts: 288
Default 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.
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Old 15-09-2020, 16:56
Level V Lasers Member
Join Date: Nov 2018
Posts: 685
Default 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.
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