SentFunds

Sentfunds

Archives: Flagged Brokers

  • Spring Information

    Spring Information said it was regulated the EFISO (Euro Finance Investigation & Security Organization), but BrokersView found that the EFISO doesn’t even exist.

  • Populusfx

    Populusfx said it was regulated by the National Futures Association (NFA) and BrokersView found that it is not a retail foreign exchange dealer regulated by the US NFA.

  • Furion Global

    BrokersView found Furion Global is not regulated or not overseen by any financial regulator. That means investors’ funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.

  • Jinlong Zhihui

    Jinlong said it was regulated by the National Futures Association (NFA) of the United States, but Brokersview found that the fake broker is not an NFA member and not subject to NFA oversight,

  • Tate Prime

    Tate Prime claims that it is a trading name of IC Markets and is regulated by the ASIC, the Seychelles FSA and the Cysec, but Brokersview checked the information and found that it is not authorized by these regulators. Brokersview has contacted with IC Markets and they confirmed that the fake broker is not connected with them.

  • Richness Empire

    BrokersView found that Richness Empire is soliciting customers without any forex broker license and is connected with the Business Choice Partners Group Limited, a fake forex broker that has been alerted by the New Zealand’s Financial Markets Authority (FMA) on 17 November 2020.

  • Uee International

    Uee International Limited said that it was regulated by the National Futures Association (NFA) and BrokersView checked its information on the NFA and found that it is not an NFA member and not subject to NFA oversight.

  • BTCUSDT Investment

    The Swizz Financial Market Supervisory Authority (FINMA) added BTCUSDT into the Unlicensed Entity Alert, stating that the company has not entered in commercial register: https://www.finma.ch/en/finma-public/warning-list/btcusdt-bank/.

  • AF Index

    On 14 December 2020, the Hong Kong’s Securities and Futures Commission (SFC) has added AF Index to its alert list. It states that AF Index has failed to secure a license, yet is offering its services to citizens of the area: https://www.sfc.hk/en/alert-list/2664.

  • Secured optionbase

    BrokersView found Secured optionbase is not regulated or not overseen by any financial regulator. That means investors’ funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.