Scam Broker Reviews 2022
Today, there are several scam brokers present online. The main aim of the scammers is to collect as much cash as possible from the customers, and they show up and claim that customers lost all their money in the trading market, but in reality, they steal all the money. Some fraudulent brokers offer installment payments in order to avoid chargebacks. The trader may occasionally be safe, but this is not always the case. Knowing the different types of tricks and how to avoid them is important.
If you want to trade online, you must make sure that your broker is trustworthy and that you can rely on them to look out for your best interests. Having the choice to protect oneself from less reliable brokers pays off. People who swap unknown trade sets should be careful to avoid fraudulent brokers, and we can assist you with this. Here we provide a scam broker 2022 list, in which we include the scam brokers that you should avoid for some reason.
Read the detailed scam broker 2022 reviews below and keep your hard-earned money safe from these types of scam brokers.
Scam Broker 2022
| Scam Broker Name | Warning from | Jurisdiction | Comments |
|---|---|---|---|
| Sky markets Review | Securities And Futures Commission (SFC) | Hong Kong | |
| Xifra lifestyle Review | National Securities Market Commission (CNMV) | Spain | |
| Vnsmart review | Not Recommended By Review Website Like Scams Online | ||
| Fmx trade Review | Securities and Exchange Commission (SEC) | United States | |
| Oasistrade review | International Financial Services Commission (IFSC) and Financial Conduct Authority (FCA) | Belize and United Kingdom | |
| Wealth nation review | Financial Conduct Authority (FCA) | United Kingdom | |
| Satoshi mining stream review | National Securities Market Commission (CNMV) | Spain | |
| Fantex review | Financial Market Authority (FMA), National Securities Market Commission (CNMV), Federal Financial Supervisory Authority (BaFin), and Commissione Nazionale per le Società e la Borsa (CONSOB) | Austria, Spain, Germany, and Italy | |
| Waykingtron Review | Not Recommended By Review Website Like Scams Online | ||
| Raven markets review | The Swiss Financial Market Supervisory Authority (FINMA) | Switzerland | |
| Eliux Review | Ontario Securities Commission (OSC) | Canada | |
| Legomarket llc review | Not Recommended By Review Website Like Scams Online | ||
| Skyshell trading review | Financial Conduct Authority (FCA) | United Kingdom | |
| Financial101 review | Financial Conduct Authority (FCA) | United Kingdom | |
| Paragon elite trading review | Not Recommended By Review Website Like Scams Online | ||
| Baycam Investments Review | Financial Markets Authority (FMA) | New Zealand | |
| Paraiba world review | Swiss Financial Market Supervisory Authority (FINMA) | Switzerland | |
| Alpari review | Not Recommended By Review Website Like Scams Online | ||
| FXFlat Review | Not Recommended By Review Website Like Scams Online | ||
| Wintersnow Limited | Not Recommended By Review Website Like Scams Online | ||
| Zahamax Review | Securities and Exchange Commission (SEC) | United States of America | |
| TradeRyt Review | Securities and Exchange Commission (SEC) | United States of America | |
| Tradeov Review | Securities and Exchange Commission (SEC) | United States of America | |
| Trade Mill FX Review | Securities and Exchange Commission (SEC) | United States of America | |
| springprotrade Review | Securities and Exchange Commission (SEC) | United States of America | |
| Qual Invest Equities Review | Securities and Exchange Commission (SEC) | United States of America | |
| Proexpertearnings Review | Securities and Exchange Commission (SEC) | United States of America | |
| Shangquan | Not Recommended By Review Website Like Scams Online | ||
| Motion Markets | British Columbia Securities Commission (BCSC) | British Columbia | |
| CryptoFXpro | British Columbia Securities Commission (BCSC) | British Columbia | |
| Forbestrader | Swiss Financial Market Supervisory Authority (FINMA) | Switzerland | |
| Fidelity Crypto | Financial Conduct Authority | United Kingdom | |
| Bitvillafx | Financial Conduct Authority | United Kingdom | |
| School4broker | Not Recommended By Review Website Like Scams Online | ||
| Plutus.Global | Not Recommended By Review Website Like Scams Online | ||
| StockHome | Not Recommended By Review Website Like Scams Online | ||
| Bex-cryptomax | Not Recommended By Review Website Like Scams Online | ||
| PrimeOakmont | Ontario Securities Commission | Ontario | |
| Swiss29 | Ontario Securities Commission | Ontario | |
| HONESTUM | Ontario Securities Commission | Ontario | |
| BullGeko | Ontario Securities Commission | Ontario | |
| Sagatrade | Ontario Securities Commission | Ontario | |
| SPX Markets | Ontario Securities Commission | Ontario | |
| JETbitX | Not Recommended By Review Website Like Scams Online | ||
| AltimaTrade | Commission de Surveillance du Secteur Financier | Luxembourg | |
| AHE Finance | Commission de Surveillance du Secteur Financier | Luxembourg | |
| Swiss Option | Not Recommended By Review Website Like Scams Online | ||
| Hero FX | Not Recommended By Review Website Like Scams Online | ||
| Rui Win | Not Recommended By Review Website Like Scams Online | ||
| FVP Trade | Not Recommended By Review Website Like Scams Online | ||
| New Knight Group Limited | Not Recommended By Review Website Like Scams Online | ||
| Poipex | Not Recommended By Review Website Like Scams Online | ||
| HeHuan | Securities And Futures Commission | Hong Kong | |
| Almitty Trading | Not Recommended By Review Website Like Scams Online | ||
| Main Bit | Swiss Financial Market Supervisory Authority, Financial Conduct Authority, Ontario securities Commission | Switzerland, United Kingdom, Canada | |
| LFG Europe AG | The Swiss Financial Market Supervisory Authority | Switzerland | |
| TradersPowers | The Swiss Financial Market Supervisory Authority | Switzerland | |
| Jupiter Holdings | Financial Conduct Authority, The Swiss Financial Market Supervisory Authority | United Kingdom, Switzerland | |
| Uni Commerces | Not Recommended By Review Website Like Scams Online | ||
| CoinMog | Ontario Securities Commission | Canada | |
| Europa Trade Capital | Ontario Securities Commission, Autorité des Marchés Financiers, Financial Conduct Authority, Bundesanstalt für Finanzdienstleistungsaufsicht, Financial Services and Markets Authority | Canada, France, United Kingdom, German, Belgium | |
| GlobalOneMarkets | The Swiss Financial Market Supervisory Authority | Switzerland | |
| Cryptfx24 | Financial Conduct Authority | United Kingdom | |
| Daily Wealth Financing | Financial Conduct Authority | United Kingdom | |
| Forex Exchange | Financial Conduct Authority | United Kingdom | |
| AstroFX | Financial Conduct Authority | United Kingdom | |
| JoyTrust | Hellenic Capital Market Commission | Greece | |
| Primespotway | Financial Conduct Authority | United Kingdom | |
| Royal Kings International | Financial Conduct Authority | United Kingdom | |
| FTM Trade | Financial Conduct Authority | United Kingdom | |
| National Debt Advice | Financial Conduct Authority | United Kingdom | |
| New Capital Lenders | Financial Conduct Authority | United Kingdom | |
| Schroder Income Growth | Financial Conduct Authority | United Kingdom | |
| BitMain | Financial Conduct Authority | United Kingdom | |
| Sun Capital | Securities And Futures Commission | Hongkong | |
| Coinmetrics.io | Financial Conduct Authority | United Kingdom | |
| Bitrue | Ontario Securities Commission | Canada | |
| FRTC.Net | Ontario Securities Commission | Canada | |
| FCtrading | Ontario Securities Commission | Canada | |
| 245Livetrade | Ontario Securities Commission | Canada | |
| Finance Investment | Financial Conduct Authority | United Kingdom | |
| Stillwater Capital Advisors LLC | Financial Conduct Authority | United Kingdom | |
| Profitain FX | Financial Conduct Authority | United Kingdom | |
| Cambridge Commodities International | Commission de Surveillance du Secteur Financier | Luxembourg | |
| Solana.com | Financial Conduct Authority | United Kingdom | |
| Apollo Corporate Partners | Financial Conduct Authority | United Kingdom | |
| Financeinvestmentsolution.com | Financial Conduct Authority | United Kingdom | |
| BUX Forex | Financial Conduct Authority | United Kingdom | |
| Capitality FS International LLC | Swiss Financial Market Supervisory Authority | Switzerland | |
| Pstonetrading.com | Not Recommended By Review Website Like Scams Online | ||
| TegasFX | Not Recommended By Review Website Like Scams Online | ||
| Investing4You | Financial Conduct Authority | United Kingdom | |
| KB Scam | Not Recommended By Review Website Like Scams Online | ||
| Cryptocycle | Financial Conduct Authority | United Kingdom | |
| Edc.Beerax.Com | Not Recommended By Review Website Like Scams Online | ||
| DeCurret Pro | Not Recommended By Review Website Like Scams Online | ||
| Silverbrookfx.com | Not Recommended By Review Website Like Scams Online | ||
| Coindel-btc | Not Recommended By Review Website Like Scams Online | ||
| Cang Limited | Not Recommended By Review Website Like Scams Online | ||
| FXGlobe | Not Recommended By Review Website Like Scams Online | ||
| Vodafone Sustainability | Financial Conduct Authority | United Kingdom | |
| Finsa Investment | Financial Conduct Authority | United Kingdom | |
| Fraud Solutions | Financial Conduct Authority | United Kingdom | |
| Life Equity Investment Private | Financial Conduct Authority | United Kingdom | |
| Adar Capital | Financial Conduct Authority, National Securities Market Commission, The Central Bank of Russian Federation | United Kingdom, Spain, Russia | |
| Pibexa | Comisión Nacional del Mercado de Valores, Ontario Securities Commission, British Columbia Securities Commission | Spain, Canada, Canada | |
| IronFX | National Securities Market Commission | Spain | |
| CryptoCapo | National Securities Market Commission | Spain | |
| DAV Invest | Financial Conduct Authority | United Kingdom | |
| Swiftfxtrade | Financial Conduct Authority | United Kingdom | |
| BgcpartnersFX | Financial Conduct Authority | United Kingdom | |
| LPL Financial | Financial Conduct Authority | United Kingdom | |
| CoinFxOnline | Financial Conduct Authority | United Kingdom | |
| Fxcryptland | Financial Conduct Authority | United Kingdom | |
| Forbes-income.com | Financial Conduct Authority | United Kingdom | |
| FxCryptominers | Falsely claims to be regulated by FCA | ||
| Flexo Limited | Financial Conduct Authority | United Kingdom | |
| ExpressFXonline | Financial Conduct Authority | United Kingdom | |
| Krezwisch | Swiss Financial Market Supervisory Authority | Switzerland | |
| Dpzqfxhk | Securities And Futures Commission | Hong Kong | |
| Megrossinvest.com | Swiss Financial Market Supervisory Authority | Switzerland | |
| Tida Trust Capital | Swiss Financial Market Supervisory Authority | Switzerland | |
| Wiltonoption | Swiss Financial Market Supervisory Authority | Switzerland | |
| Ingoinvest | Financial Conduct Authority, Financial Services and Markets Authority | United Kingdom, Belgium | |
| AG Partners Group | Financial Market Authority | Austria | |
| MX Bitcoin Investment | Financial Conduct Authority | United Kingdom | |
| EquitiBank | Financial Conduct Authority | United Kingdom | |
| Keir-Hartlandassoc.com | Financial Conduct Authority | United Kingdom | |
| Aligninvest limited | Financial Conduct Authority | United Kingdom | |
| Propchain | Swiss Financial Market Supervisory Authority | Switzerland | |
| Aiglinvestmentgroupltd.com | Financial Conduct Authority | United Kingdom | |
| Grand Capital CG | Commission de Surveillance du Secteur Financier | Luxembourg | |
| York Global Finance | Commission de Surveillance du Secteur Financier | Luxembourg | |
| Aly Financial Limited | Securities And Futures Commission | Hong Kong | |
| HKEX.com.hk | Securities And Futures Commission | Hong Kong | |
| Leninggroep | Financial Services and Markets Authority | Belgium | |
| Rabo Help | Financial Services and Markets Authority | Belgium | |
| Trustly Investment | Financial Services and Markets Authority | Belgium | |
| Weber Loan | Financial Services and Markets Authority | Belgium | |
| Crypto Management Switzerland | Swiss Financial Market Supervisory Authority | Switzerland | |
| KREDIT UND FACTORING | Swiss Financial Market Supervisory Authority | Switzerland | |
| Lefebre Krediet Snel | Financial Services and Markets Authority | Belgium | |
| 24Trades | Swiss Financial Market Supervisory Authority | Switzerland | |
| Oilgrain Corporative | Swiss Financial Market Supervisory Authority | Switzerland | |
| Efin-Lening | Financial Services and Markets Authority | Belgium | |
| International Finance BK | Financial Services and Markets Authority | Belgium | |
| Prestige Financial | Financial Services and Markets Authority | Belgium | |
| CryptoCapitalProfits | Commission de Surveillance du Secteur Financier | Luxembourg | |
| FXM Venture | Financial Conduct Authority | United Kingdom | |
| FINCHES-INVESTMENT.XYZ | Financial Conduct Authority | United Kingdom | |
| Waton Broker | Securities And Futures Commission | Hong Kong | |
| CIM Investment Advisory | Securities And Futures Commission | Hong Kong | |
| Fx-fastfunds Ltd | Financial Conduct Authority | United Kingdom | |
| Fx Coniplant | Financial Conduct Authority | United Kingdom | |
| Paragon-Invest | Financial Conduct Authority | United Kingdom | |
| Hardy Green Corporate Partners | Financial Conduct Authority | United Kingdom | |
| CRYPTOCURRENCYXCOINS LTD | Financial Conduct Authority | United Kingdom | |
| Olympus4X | British Columbia Securities Commission, Ontario Securities Commission, Swiss Financial Market Supervisory Authority | Canada, Canada, Switzerland | |
| Kingzcrypto | Swiss Financial Market Supervisory Authority | Switzerland | |
| ErfolgsKapital | Swiss Financial Market Supervisory Authority, Bundesanstalt für Finanzdienstleistungsaufsicht | Switzerland, German | |
| FastGeld.org | Swiss Financial Market Supervisory Authority | Switzerland | |
| Boomstrategy ltd | Swiss Financial Market Supervisory Authority | Switzerland | |
| Crypto1Capital | Swiss Financial Market Supervisory Authority, Financial Conduct Authority, Financial Services and Markets Authority | Switzerland, United Kingdom, Belgium | |
| Kairos Virtue Ltd | Swiss Financial Market Supervisory Authority | Switzerland | |
| Dundee Wealth Management AG | Swiss Financial Market Supervisory Authority | Switzerland | |
| Arvest LTD | Swiss Financial Market Supervisory Authority | Switzerland | |
| A2B FX STRATEGY LIMITED | Financial Conduct Authority | United Kingdom | |
| Gtechinvestmentplatform | Financial Conduct Authority | United Kingdom | |
| Fxforbe SC LTD | Financial Conduct Authority | United Kingdom | |
| Cryptokasse-Finanzportal GmbH | Swiss Financial Market Supervisory Authority | Switzerland | |
| Central Financial | Financial Conduct Authority | United Kingdom | |
| XTB Global | Financial Conduct Authority | United Kingdom | |
| Unity Investment Group | Federal Financial Supervisory Authority | Germany | |
| Apexbullfx | Financial Conduct Authority | United Kingdom | |
| Yabo Global Fx | Financial Conduct Authority | United Kingdom | |
| TradeFX Solution | Financial Conduct Authority | United Kingdom | |
| Greenlight Capital Inc | Financial Conduct Authority | United Kingdom | |
| CD Investments | Financial Conduct Authority | United Kingdom | |
| Capital Trade | Financial Conduct Authority | United Kingdom | |
| CRYPTO-STOCKSMARKET | Financial Conduct Authority | United Kingdom | |
| FXiPro | Financial Conduct Authority | United Kingdom | |
| Fxbinas Trade | Financial Conduct Authority | United Kingdom | |
| Aspen Asset Management AG | Swiss Financial Market Supervisory Authority | Switzerland | |
| FortCrypto | Financial Conduct Authority | United Kingdom | |
| Crypto Master | Financial Conduct Authority | United Kingdom | |
| FxSmartcapital Trade | Financial Conduct Authority | United Kingdom | |
| MGI CAPITAL Suisse AG | Swiss Financial Market Supervisory Authority | Switzerland | |
| SuperForex | Not Recommended By Review Website Like Scams Online | ||
| Everrise Brokers | Swiss Financial Market Supervisory Authority | Switzerland | |
| Infy Fx Trade | Financial Conduct Authority | United Kingdom | |
| Crypto InvestmentFx | Financial Conduct Authority | United Kingdom | |
| CryptoCloudMiners | Financial Conduct Authority | United Kingdom | |
| Apex Markets | Financial Conduct Authority | United Kingdom | |
| Capital Traders Market | Financial Conduct Authority | United Kingdom | |
| Prime Olympic | Netherlands Authority for the Financial Markets | Netherlands | |
| RimpMarket | Netherlands Authority for the Financial Markets | Netherlands | |
| Finetero | Bundesanstalt für Finanzdienstleistungsaufsicht, Financial Services and Markets Authority, Comisión Nacional del Mercado de Valores, Financial Conduct Authority | German, Belgium, Spain, United Kingdom | |
| Intelligence Prime Capital | Financial Markets Authority, Comisión Nacional del Mercado de Valores, British Columbia Securities Commission | New Zealand, Spain, Canada | |
| AnalystQ | Comisión Nacional del Mercado de Valores | Spain | |
| Celox | Not Recommended By Review Website Like Scams Online | ||
| Appex Market | Financial Conduct Authority | United Kingdom | |
| Nuniteinvesting | Financial Conduct Authority | United Kingdom | |
| Daxson Investment Management | Financial Conduct Authority | United Kingdom | |
| Expert CryptoFx Option | Financial Conduct Authority | United Kingdom | |
| QuantomFX | Financial Conduct Authority | United Kingdom | |
| Global Crypto Miner | Financial Conduct Authority | United Kingdom | |
| Ultra Finance | Financial Conduct Authority | United Kingdom | |
| Olympus Brokers | Commissione Nazionale per le Società e la Borsa | Italy | |
| Msp Limited | Swiss Financial Market Supervisory Authority | Switzerland | |
| Trading Cores | National Securities Market Commission | Spain | |
| Prime Invest | The Central Bank of Russian Federation, Financial Conduct Authority, Swiss Financial Market Supervisory Authority, Comisión Nacional del Mercado de Valores | Russia, United Kingdom, Switzerland, Spain | |
| Metaverse World | Comisión Nacional del Mercado de Valores | Spain | |
| Investirex | Comisión Nacional del Mercado de Valores, Federal Financial Supervisory Authority | Spain, Germany | |
| DGXLTD | Comisión Nacional del Mercado de Valores, Commissione Nazionale per le Società e la Borsa, Financial Market Authority | Spain, Italy, Austria | |
| AllfinaGroup | Comisión Nacional del Mercado de Valores, The Central Bank of Russian Federation | Spain, Russia | |
| KINZABLOG | Comisión Nacional del Mercado de Valores | Spain | |
| FoxNewsTrade | Comisión Nacional del Mercado de Valores | Spain | |
| LIMITED GRUP | Swiss Financial Market Supervisory Authority | Switzerland | |
| Online Credit Partners | Swiss Financial Market Supervisory Authority | Switzerland | |
| Delta Finanz | Federal Financial Supervisory Authority | Germany | |
| Wonderkiri | Federal Financial Supervisory Authority | Germany | |
| Elio International Limited | Securities And Futures Commission | Hong Kong | |
| HuiXin International Futures | Securities And Futures Commission | Hong Kong | |
| Millenniumcapital | Securities And Futures Commission | Hong Kong | |
| Ultimate FX Expert | Financial Conduct Authority | United Kingdom | |
| CryptoPremierMining | Financial Conduct Authority | United Kingdom | |
| SR Trade Forex | Financial Conduct Authority | United Kingdom | |
| GlobalsPrimeFX.com | Financial Conduct Authority | United Kingdom | |
| DTPFX LTD | Financial Conduct Authority | United Kingdom | |
| Binary Invest Traders | Financial Conduct Authority | United Kingdom | |
| Timeline Investment | Financial Conduct Authority | United Kingdom | |
| ZeemzFX | Financial Conduct Authority | United Kingdom | |
| Revolut Trade Hub | Financial Conduct Authority | United Kingdom | |
| PremiumOptionFxPro | Financial Conduct Authority | United Kingdom | |
| Unico | Polish Financial Supervision Authority | Poland | |
| Orbit FX Trading | Financial Conduct Authority | United Kingdom | |
| MatrixInvestment | Financial Conduct Authority | United Kingdom | |
| FX PLUS | Financial Conduct Authority | United Kingdom | |
| CRYPTO-NETWORK LTD | Financial Conduct Authority | United Kingdom | |
| FIRST RATE CRYPTO | Financial Conduct Authority | United Kingdom | |
| Snapex FX | Not Recommended By Review Website Like Scams Online | ||
| Finatics | Not Recommended By Review Website Like Scams Online | ||
| Sunwah Kingsway | Not Recommended By Review Website Like Scams Online | ||
| Londonex | Not Recommended By Review Website Like Scams Online | ||
| Fxtradegain | Financial Conduct Authority | United Kingdom | |
| FlexTrading Fx | Financial Conduct Authority | United Kingdom | |
| Euro Finance | Federal Financial Supervisory Authority | Germany | |
| Sierra Futures | National Futures Association | United States | |
| Networkfsi | Comisión Nacional del Mercado de Valores | Spain | |
| T4Trade | Comisión Nacional del Mercado de Valores | Spain | |
| CryptoBase | British Columbia Securities Commission, Commissione Nazionale per le Società e la Borsa, Comisión Nacional del Mercado de Valores | Canada, Italy, Spain | |
| KraemFX | Not Recommended By Review Website Like Scams Online | ||
| ASJ Forex Global | Not Recommended By Review Website Like Scams Online | ||
| Trade Global Market | Not Recommended By Review Website Like Scams Online | ||
| XTRADE | Not Recommended By Review Website Like Scams Online | ||
| FSDS Global | Not Recommended By Review Website Like Scams Online | ||
| SungerFx | Commissione Nazionale per le Società e la Borsa | Italy | |
| MKJ Global | Not Recommended By Review Website Like Scams Online | ||
| Vantage Markets | Not Recommended By Review Website Like Scams Online | ||
| Tradefx Review |
If you are a victim of any broker present in this scam broker 2022 list, you can get your funds back by reporting us. All you need to do is file a complaint against the broker here through our online complaint form. Our experts will contact you and provide a free consultation.
We hope this list of scam broker 2022 helped you.
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