Archives: Flagged Brokers

Tronex does not claim to be licensed by any regulator; it only claims to be registered in Saint Lucia. While we can confirm that there is a company with the same name in the Saint Lucia International Financial Centre (IFC) registry, this registration only grants it International Business Company (IBC) status. This does not constitute a valid financial licence. The IFC neither regulates nor licences forex trading activities. Being unregulated is a major red flag for a fraudulent operation. Therefore, Tronex appears to be a scam.

GSwap does not claim to be licensed by any regulator; it only claims to be registered in Saint Lucia, and established in the United Kingdom. While we can confirm that there is a company with the same name in the Saint Lucia International Financial Centre (IFC) registry, this registration only grants it International Business Company (IBC) status. This does not constitute a valid financial licence. The IFC neither regulates nor licences forex trading activities. Besides, we searched the official register of the FCA in the UK using all available details, but found no record of GSwap Financial Group or any associated company. Being unregulated is a major red flag for a fraudulent operation. Therefore, GSwap appears to be a scam.

Nexum Capitals does not claim to be licensed by any regulator; it only claims to be registered in Saint Lucia. While we can confirm that there is a company with the same name in the Saint Lucia International Financial Centre (IFC) registry, this registration only grants it International Business Company (IBC) status. This does not constitute a valid financial licence. The IFC neither regulates nor licences forex trading activities. Being unregulated is a major red flag for a fraudulent operation. Therefore, Nexum Capitals appears to be a scam.

Strategic Advisers’ website provides no regulatory disclosures, only claims that it was registered in United Kingdom. We searched the official register of the FCA using all available details, but found no record of Strategic Advisers or any associated licensed company. This absence of basic corporate and regulatory information strongly suggests that Strategic Advisers operates without authorization. Therefore, Strategic Advisers appears to be a scam.

TriumpAccession’s website provides no regulatory disclosures, only claims that it was registered in Switzerland. We searched the official register of the FINMA using all available details, but found no record of TriumpAccession or any associated company. This absence of basic corporate and regulatory information strongly suggests that TriumpAccession operates without authorization. Therefore, TriumpAccession appears to be a scam.

ehamarkets claims to be authorized by the Labuan Financial Services Authority (LFSA). However, while a licence under the stated details does appear in the official LFSA register, the registered website domain associated with that licence does not match the website currently used by ehamarkets. This mismatch raises serious doubts about whether ehamarkets is genuinely operating under the claimed authorization. Moreover, ehamarkets does not provide any additional verifiable licensing information or clarification regarding this discrepancy. Until the firm can demonstrate that its current website and operations are explicitly covered by a valid licence, we assess ehamarkets as likely unlicensed or potentially fraudulent. Therefore, ehamarkets appears to be a scam.

G4Trade claims to be operated by SB Global Ltd, a licensed financial services provider authorised by the Anjouan Offshore Financial Authority(AOFA) in the Union of Comoros with License number L15825/SBG and regulated by the Financial Sector Conduct Authority (FSCA) in South Africa under licence number 47701, offering a range of investment products to traders, including Forex, Metals, Indices, Stocks, Commodities, Cryptocurrency, and more instruments for trading in global markets. G4Trade also claims to be a trademark of Swiss Innovationen AG. But this Swiss company is not regulated by the Swiss Financial Market Supervisory Authority (FINMA). Upon investigation, SB Global’s Anjouan AOFA license claim to be verified due to the authority not disclosing the licensee’s web address. We found that the company with licence number 47701 is TRADING ONE CAPITAL (PTY) LTD, but it also has not disclosing the licensee’s web address and brand in FSCA. The truth is that G4Trade is not regulated by any regulators. Letting it hold or control investors’money is unsafe, and the money can not be protected by any laws. G4Trade is a scam.

Auto Earn Global is a suspected fraudulent broker that fails to provide any regulatory information. It only discloses that it is based in the UK,but upon investigation, we found that it is not authorized by the UK’s Financial Conduct Authority (FCA). And in fact, the FCA has listed it on its warning list due to concerns over illegal financial activities. Therefore, Auto Earn Global appears to be a scam.

NoxWealth’s website provides no regulatory disclosures, only claims that it was registered in Australia. We searched the official register of ASIC using all available details, but found no record of NoxWealth or any associated company. Besides, the FCA issued a warning against NoxWealth, believing this company might be providing financial services or products without proper authorization in the United Kingdom. This absence of regulatory information and ragulatory warning against it strongly suggest that NoxWealth operates without authorization. Therefore, NoxWealth appears to be a scam.

Vertexcoreinsights’ website provides no regulatory disclosures, only claims that it was registered in United States. We searched the official register of the NFA using all available details, but found no record of Vertexcoreinsights or any associated company. This absence of basic corporate and regulatory information strongly suggests that Vertexcoreinsights operates without authorization. Therefore, Vertexcoreinsights appears to be a scam.