All Scams in one? The SCB Warns Against 15 Similar Forex Entities
Abstract：Recently, Our Brokers Review exposed a scam forex brokerage
Surehavenfx, who received a warning record from by the Securities Commission of The Bahamas(the SCB). When we go back to check the warning notice, we're surprised by all websites listed on the statement - they may belong to the same fraudulent company because they have similar site layout and homepage design.
The listed websites are as follows:
1. ALPHA EXCHANGE INTERNATIONAL GROUP
https://alphaexchangeintl.com
2. ALPHA TRADE STATION PLC.
ALPHA TRADE STATION CORP.
https://www.alpha-tradestation.com/
3. ASTRO FOREX TRADE
https://www.facebook.com/AstroForextrade
4. CRYPTO TITAN TRADES CORP
CRYPTO TITAN TRADES PLC
https://cryptotitantrades.com
5. CRYPTOSVILLE
https://cryptosville.org
6. EQUITY OPTION TRADE CORP.
EQUITY OPTION TRADE PLC
https://equityoptiontrade.com
7. FOREXEXPRESSTRADE CORP.
FOREXEXPRESSTRADE PLC
https://forexexpresstrade.com
8. FOREXRUBY CORP.
FOREXRUBY PLC
https://forexruby.com
9. FXPROFIT PLANET CORP.
FXPROFIT PLANET PLC
https://fxprofitplanet.com
10. HODLWORLD24 CORP.
HODLWORLD24 PLC
https://hodlworld24.com
11. INVESTORS GROUP OF EAST GATE CORP.
INVESTORS GROUP OF EAST GATE PLC
https://investorgroupeastgate.online
12. REALFACTORFX CORP.
REALFACTORFX PLC
https://www.realfactorfx.com
13. STALLION TRADE PLC.
STALLION TRADE CORP.
https://stalliontradestation.com/
14. SUREHAVENFX CORP.(we have listed as a scam)
SUREHAVENFX PLC
https://www.surehavenfx.com
15. VALIZERFXTRADING CORP.
VALIZERFXTRADING PLC
https://valizerfxtrading.com
On their respective websites, each above-listed entity offers securities trading and brokerage services. Additionally, these companies make false statements that they are authorized and regulated by the SCB and fraudulently give a street address in the Bahamas as a business location. Actually, none of the listed entities have applied to be registered/licensed by the SCB.
If we turn on some websites listed on the above, you may see the similar layout and page design. Let's see some screenshots:
Read more
FXCM UK Revenues Fall 12% Profits Will Drop By 95% In 2021
The revenue of FXCM UK for 2021 was $13.6 million, a 12% decrease from $15.4 million in 2020. The company's net profit for the year decreased from $4.9 million in 2020 to only $227,982 in 2021, just over breakeven.
Rakuten Completes Securities Business Reorganization
According to Rakuten Group, the establishment of Rakuten Securities Holdings, Inc. and the reorganization of the securities firm were completed as planned.
Scam Alert: DtpFx Ltd's Costumer Services Ignores Inquiry about its Regulation
DtpFx Ltd is a forex scam warned by FCA recently. However, it hasn't stopped its steps to scamming after being warned.
Scam Alert: Avoid Trading With Cryptocurrency Scam CryptoAllDay
Although digital currencies have been around for over a decade, the concept is still foreign to many.
WikiFX Broker
Latest News
OvalX (formerly ETX Capital) Loses Money in 2021, Client Count Increases
WikiFXBeware This Unregaluated Broker CryptoAllDay - Scam Alert!
WikiFXAnalysis-Under water: how the Bank of England threw markets a lifeline
WikiFXPU Prime’s Mohanad Yakout Joins OnePro as Global Head of Market Research
WikiFXBank of England’s FX Dealer Chris Mills Departs after 18 Years
WikiFXOvalX (Previously ETX Capital) Turns Loss in 2021, Client Count Jumps
WikiFXOver trading a sure way to blow your account
WikiFXPound jumps on UK tax cut reversal, oil swings higher
WikiFXInstant View: British pound up as govt makes U-turn on tax cut plan
WikiFXFXCM UK Revenues Fall 12% Profits Will Drop By 95% In 2021
WikiFXRate Calc
