Is UniSwap A Good Broker or a Scam? UniSwap says it is a “decentralized, crypto-trading protocol” that promises clients can “swap, earn and build” their cryptocurrency holdings. It has an impressive website and positive reviews, but according to the FCA it isn’t regulated. We can’t say for certain that UniSwap is a scam. In fact, … Read more
Is SkyShell Trading A Good Broker or a Scam? The FCA has mentioned SkyShell Trading as a potential scam broker. They are said not to have a license, and SkyShell Trading doesn’t show any proof of one. In addition, SkyShell Trading encourages people to believe they can make huge gains from their investment, which isn’t … Read more
Is PCLoudFXTrading A Good Broker or a Scam? PCLoudFXTrading says it offers cloud “minning.” Although spelling mistakes can happen to anyone, we’d expect a bit more from a broker that claims to offer a 60% daily return for clients who fund their accounts with $10,000. You’d think they would do their best to create a … Read more
Is AstroFX A Good Broker or a Scam? AstroFX has been the target of several regulators, including the highly influential FCA of the United Kingdom and financial regulators in Belize. It’s believed that AstroFX is a clone broker, taking the name similar to a regulated broker with a similar name, AstroFX Trading. This is a … Read more
Is SkyRocky Crypto Ltd A Good Broker or a Scam? SkyRocky Crypto Ltd is a broker with a fun name, but for those who have invested with them, it isn’t that amusing. This broker has been flagged for not having a license and provides very little information about the brokers, including where they are located, … Read more
Is Crypto Broker A Good Broker or a Scam? Crypto Broker is an unregulated broker which, like so many other brokers without a license, seems shady. Not only is it unlicensed, but provides no information about itself or the people who run it. Transparency is important because you want to know some basic information about … Read more
Is BrokerXP A Good Broker or a Scam? BrokerXP has been the target of the FCA warning because of lack of licensing. It also seems to be a clone of a licensed broker called XP Investment. Sometimes unlicensed brokers will take on a name that is similar to a regulated broker to trick customers into … Read more
Is Forex iTrade a Good Broker or a Scam? Forex iTrade may make promises and claim it has a license and stellar trading services, but in reality, it is just an unregulated broker that has been the subject of many negative reviews. Forex iTrade is an example of why it is essential to do thorough … Read more
Broker Major Ltd: A Good Broker or a Scam? Broker Major Ltd. definitely has a reputation–but not a good one. It has been flagged by regulators. Apparently, it has been caught operating without proper licensing. This is a major violation and shouldn’t be minimized. Always ensure that any broker you sign up with has a … Read more
TradingBrokerPro: A Good Broker or a Scam? People who lose money to fraudulent brokers often wish they had been warned. In the case of TradingBrokerPro, there are plenty of warnings. This broker has been flagged by the UK’s FCA and Italy’s CONSOB. This is enough basis for us to also warn you not to open … Read more