de | cn | ru

10BROKERS

10 brokers is scam, thiefs and whatever name you wish to give such an organisation. I 'only' lost us$1000.00 and I can be grateful not having let myself in with a larger amount which is was pressed to do.

It is my fault to be so stupid.

Rikki Schumacher 2017-12-05
Broker Country Regulation Platform Min Deposit Review
US CFTC, NFA MT4, Web,
in-house
$50 Review Website
US NFA, CFTC MT4 $250 Review Website
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
Australia, Cyprus ASIC MT4, MT5,
IRESSTrader
$100 Review Website
UK, Cyprus, Australia FCA, CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
Cyprus, UK CySEC, FCA MT4, MT5 $1 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website
Australia, UK ASIC, FCA MT4, MT5,
cTrader
$200 Review Website

Latest Forex News

CySEC suspends the license of AFX Capital Markets

Jul 19 2019 16:33:06, Jonathan Smith in Market

  The Cyprus Securities and Exchange Commission (CySEC) announced that the license of AFX Capital Markets is temporarily suspended due to suspicions of non-compliance regarding the safeguard of clients’ funds.   In particular, the regulator stated that “there are suspicions of an alleged violation of section 22(1) of the Law due to the Company’s possible non-compliance at all times with the authorisation condition in section 17(9) (organizational requirements) of the Law, as specified in paragraphs 4, 6 and 9 of Directive DI87-01, regarding the safeguard of clients’ funds”. Read more

Belgium’s FSMA warned against binary options brokers Vipwayzone and Go Capital FX

Jul 18 2019 15:41:16, Jonathan Smith in Market

  Belgium’s financial regulator, the Financial Services and Markets Authority (FSMA) warned the public against Vipwayzone and Go Capital FX previous week. According to the FSMA, the two companies offer binary options without complying with Belgian financial legislation.   “… in the vast majority of cases, persons who invest in firms that do not hold the requisite authorization never recover the sums invested. These are cases of investment fraud,” we read in the official warning. Read more

Could Trump’s hostile view of Bitcoin & Libra affect the crypto market?

Jul 17 2019 16:34:56, Jonathan Smith in Market

In a series of tweets, the US President Donald Trump said he's not a fan of digital currencies like Bitcoin and Libra previous week. A couple of days later, Bitcoin plunged nearly 13% after US lawmakers grilled the Facebook executive in charge of Libra.    “Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity,” Trump stated in one of his tweets, and proclaimed the US Dollar as the one and only real currency in the USA. He also said that cryptocurrencies are based on 'thin air' and therefore cannot be considered as real money. Read more

Hong Kong’s SFC also blacklists GCG Asia

Jul 16 2019 15:08:47, Jonathan Smith in Market

  The Hong Kong Securities and Futures Commission (SFC) recently blacklisted unregulated brokerage Guardian Capital Asia (GCG Asia).The broker is already flagged by Swiss financial markets and services regulator FINMA, and became notorious for falsely claiming a partnership with Swiss forex brokerage and bank Dukascopy.   GCG Asia currently operates via www.gcgasiahk.com website and tries to mislead investors that it holds a license from Hong Kong’s SFC. Previously, the broker offered its “services” via guardiancapitalag.asia (no longer accessible), and claimed to be regulated by FINMA. Read more

German and Austrian police goes after several online financial scammers

Jul 15 2019 14:50:02, Jonathan Smith in Market

  Option888, XMarkets, TradeInvest90, ZoomTrader and TradoVest are being investigated by German and Austrian police for investment fraud and money laundering, the German public television reported, as quoted by the Times of Israel.   Most of these brokers are registered offshore and are or were associated with TradoLogic, a company founded in Israel and currently operating out of Bulgaria. According to the report, the customer lists for the five online trading websites contained the names of more than 200,000 Germans. In a single German city, Saarbrücken, more than 200 victims brought charges against these brokers. Allegedly, each victim lost more than EUR 40 000 (on average). Read more

ESMA warns forex brokerages not to circumvent its product intervention measures

Jul 12 2019 17:22:23, Jonathan Smith in Market

  The European Securities and Markets Authority (ESMA) has identified certain undesirable practices among CFDs providers, which raise concerns of non-compliance with the product intervention measures introduced a year ago. This became clear from a statement published on ESMA’s website on Friday.   More specifically, the Pan-European regulator expressed its concerns regarding the practices of some forex brokers related to professional clients on request and the marketing distribution or sale by third-country CFD-Providers. Read more

Spain’s CNMV blacklists Grand Capital, BinaryMate, FXTPremium, and more

Jul 11 2019 16:56:42, Jonathan Smith in Market

  Spain’s financial regulator, the CNMV, updated its warning list with a number of unregulated brokers on Monday: Grand Capital, BinaryMate, FXTPremium, VideForex, HQ BROKER, WellingtonInv, GlobalBCM. BitcoinTrader, and Smart Capital Advisor. These entities are not authorized to provide investment services or investment advice in Spain, the CNMV said.    Actually, all of these brokers brokers are registered offshore, and are therefore not allowed to operate on any regulated financial market, not only in Spain. Besides, some of them actually offer trading in binary options, which is now banned across the European Union and the EEA. Read more

Bitmarket closes up shop, hack suspected

Jul 10 2019 19:58:47, Jonathan Smith in Market

  Poland’s second-largest crypto exchange Bitmarket closed up shop on Tuesday, without any prior warning. According to a message posted a day earlier on the Bitmarket’s website, the exchange was forced to cease operations due to loss of liquidity. However, some of its clients suspect that the exchange might have been hacked.   As a matter of fact, Bitmarket users have created a thread in Reddit, and share their experience with the exchange. They claim that lately the firm has been acting strangely - asking users to change their passwords (without any given reason) and suspending withdrawals over additional KYC requirements. Read more

Austrian FMA flags unregulated brokerage Universe Markets

Jul 09 2019 15:31:55, Jonathan Smith in Market

    The Austrian Financial Market Authority (FMA) warns investors against dealing with Universe Markets and its parent WhiteSquare Trading Ltd. The FMA stated that this entity is not entitled to trade on a commercial basis on their own account, nor on behalf of others, as these transactions in Austria require a license.   Our check of the broker’s website universe-markets.com (previously universemarketsfx.com) reveals that Universe Markets offers trading in wide range of assets on a web-based trading platform. Read more

Capital FMI ends up on FCA’s warning list as a clone

Jul 08 2019 11:40:05, Jonathan Smith in Market

  Unregulated broker Capital FMI ended up on the warning list of UK’s Financial Conduct Authority (FCA) as a clone firm previous week. According to the regulator, the broker has been providing financial services or products in the UK, falsely claiming to be an authorised firm.   “… Fraudsters usually use this tactic when contacting people out of the blue, so you should be especially wary if you have been cold called,” the FCA reiterates in its notices.   Although Capital FMI does not explicitly claim to be licensed by the FCA, they are in fact using the details of a regulated company (Advance Global Capital Ltd. Read more

Show all news
de | cn | ru