Heads Up: First Blacklist of Forex Platforms in July!

Forex platforms complained by customers are listed herein:

• Elpari Markets: It has operated for less than a year and is unregulated. The broker originates from Financial IGM!

• HKFIHG: It has operated for less than a year and is unregulated. The broker sees consumer complaints because it has conducted romance scams!

• SMART: As a newly included illegal platform, it has operated for less than a year and is unregulated.

• LMAXFX: As a newly included illegal platform, it has operated for less than a year and is unregulated.

• Tmgnfx: As a newly included illegal platform, it has operated for less than a year and is unregulated.

Obviously, the feature shared by the above-mentioned platforms is “unregulated”. All traders are aware that being licensed is the basic standard for a legal forex platform. Operating businesses without permits is illegal.

As a reminder, WikiFX is ready to help you search the information on forex platforms, including regulation, trading environment, and traders comments, in a bid to protect you from illegal platforms and provide you with safe investments! (bit.ly/wikifxIN)