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In this post, we are telling you about clones that are exposed by the UK’s Watchdog Financial Conduct Authority (FCA) that you must stay away from. 1. Name: Barclays Wealth/ www.wealth-management-servvices.com (Clone of FCA Authorised firms) Email: barclays@wealth-management-services.com Website: www.wealth-management-services.com 2. Name: Equinox Finances Ltd (Clone of FCA Appointed Representative) Telephone: +447918828840 Email: info@equinoxfinltd.com, info@equinoxfinancesltd.com

In this post, we are telling you about clones that are exposed by the UK’s Watchdog Financial Conduct Authority (FCA) that you must stay away from. 1. Name: Barclays Wealth/ www.wealth-management-servvices.com (Clone of FCA Authorised firms) Email: barclays@wealth-management-services.com Website: www.wealth-management-services.com 2. Name: Equinox Finances Ltd (Clone of FCA Appointed Representative) Telephone: +447918828840 Email: info@equinoxfinltd.com, info@equinoxfinancesltd.com

In this post, we are telling you about clones that are exposed by the UK’s Watchdog Financial Conduct Authority (FCA) that you must stay away from. 1. Name: Barclays Wealth/ www.wealth-management-servvices.com (Clone of FCA Authorised firms) Email: barclays@wealth-management-services.com Website: www.wealth-management-services.com 2. Name: Equinox Finances Ltd (Clone of FCA Appointed Representative) Telephone: +447918828840 Email: info@equinoxfinltd.com, info@equinoxfinancesltd.com

In this post, we are telling you about clones that are exposed by the UK’s Watchdog Financial Conduct Authority (FCA) that you must stay away from. 1. Name: Barclays Wealth/ www.wealth-management-servvices.com (Clone of FCA Authorised firms) Email: barclays@wealth-management-services.com Website: www.wealth-management-services.com 2. Name: Equinox Finances Ltd (Clone of FCA Appointed Representative) Telephone: +447918828840 Email: info@equinoxfinltd.com, info@equinoxfinancesltd.com

The Austrailan based renowned broker, Titan Capital Markets, organised a MOU signing meet on October 9, 2023, in Indonesia in collaboration with two trading platforms, Zet and Vlado. Many Top leaders of the financial world participated in this ceremony. Zet CEO, Charles Arthur Said “Zet is the result of a Fusion of AI and professional Trade & Set on an Average, We have one or two three Trades.” Vlado CEO, Robin Gilbert said “Our collaboration with Zet has been a source of great Pride for us about battling Zet's Training Technique have consistently delivered exceptional returns for both Investors & our organisation”. Anthon Hoffman, Zet CMO stated “Charles & I work closely together. We share a vision and this year our Vision is to open three new international Markets.”

The Austrailan based renowned broker, Titan Capital Markets, organised a MOU signing meet on October 9, 2023, in Indonesia in collaboration with two trading platforms, Zet and Vlado. Many Top leaders of the financial world participated in this ceremony. Zet CEO, Charles Arthur Said “Zet is the result of a Fusion of AI and professional Trade & Set on an Average, We have one or two three Trades.” Vlado CEO, Robin Gilbert said “Our collaboration with Zet has been a source of great Pride for us about battling Zet's Training Technique have consistently delivered exceptional returns for both Investors & our organisation”. Anthon Hoffman, Zet CMO stated “Charles & I work closely together. We share a vision and this year our Vision is to open three new international Markets.”

KVB Global has recently come under scrutiny. Located in Hong Kong but regulated in New Zealand, KVB Global claims to offer a wide range of financial services for Chinese individuals and enterprises worldwide. However, its questionable behavior and regulatory status have raised concerns within the industry. One of the most alarming aspects of KVB Global is its regulatory status or rather the lack thereof. The broker operates under the regulatory umbrella of New Zealand, specifically the Financial Service Providers Register (FSPR), under a non-Forex license (license number: 1782). This means that it falls outside the standard regulations for forex trading. Additionally, KVB Global is not regulated by the Australian Securities and Investments Commission (ASIC), even though it exceeds the business scope regulated by ASIC. KVB Global's suspicious regulatory status, user complaints, unconventional financial practices, and lack of transparency in terms of leverage and spreads have raised significant concerns within the industry. The low rating from WikiFX only serves to underscore the red flags associated with this broker. Traders are strongly advised to exercise caution and explore more reputable and transparent alternatives in the market. The risks associated with trading through KVB Global appear to outweigh any potential benefits it may offer.

KVB Global has recently come under scrutiny. Located in Hong Kong but regulated in New Zealand, KVB Global claims to offer a wide range of financial services for Chinese individuals and enterprises worldwide. However, its questionable behavior and regulatory status have raised concerns within the industry. One of the most alarming aspects of KVB Global is its regulatory status or rather the lack thereof. The broker operates under the regulatory umbrella of New Zealand, specifically the Financial Service Providers Register (FSPR), under a non-Forex license (license number: 1782). This means that it falls outside the standard regulations for forex trading. Additionally, KVB Global is not regulated by the Australian Securities and Investments Commission (ASIC), even though it exceeds the business scope regulated by ASIC. KVB Global's suspicious regulatory status, user complaints, unconventional financial practices, and lack of transparency in terms of leverage and spreads have raised significant concerns within the industry. The low rating from WikiFX only serves to underscore the red flags associated with this broker. Traders are strongly advised to exercise caution and explore more reputable and transparent alternatives in the market. The risks associated with trading through KVB Global appear to outweigh any potential benefits it may offer.

Marex Spectron, previously known as Marex Financial, has a complex history that dates back to its establishment in 2005. Born out of the ashes of REFCo's collapse, Marex Financial started as an independent derivatives and forex broker, focusing on a wide range of financial instruments, including commodities, financial futures, options, and foreign exchange. Over the years, it underwent significant changes, including a shift in ownership and the acquisition of Spectron Group in May 2021, ultimately leading to its rebranding as Marex Spectron International Limited, and later, just Marex in April 2021. Marex Spectron, with its rich history and broad range of services, has the potential to meet the diverse needs of market participants in the commodities and financial sectors. However, the reported concerns and negative experiences associated with the institution should not be ignored. Traders and investors should carefully consider these factors and conduct their research before engaging with Marex Spectron to ensure a safe and transparent trading experience.

Marex Spectron, previously known as Marex Financial, has a complex history that dates back to its establishment in 2005. Born out of the ashes of REFCo's collapse, Marex Financial started as an independent derivatives and forex broker, focusing on a wide range of financial instruments, including commodities, financial futures, options, and foreign exchange. Over the years, it underwent significant changes, including a shift in ownership and the acquisition of Spectron Group in May 2021, ultimately leading to its rebranding as Marex Spectron International Limited, and later, just Marex in April 2021. Marex Spectron, with its rich history and broad range of services, has the potential to meet the diverse needs of market participants in the commodities and financial sectors. However, the reported concerns and negative experiences associated with the institution should not be ignored. Traders and investors should carefully consider these factors and conduct their research before engaging with Marex Spectron to ensure a safe and transparent trading experience.

On 23 October 2023 , it came to the attention of the Financial Conduct Authority (FCA) that there is a clone firm of Morgan Stanley operating in the forex market. The FCA's investigation revealed that the clone firm was using the name and details of the genuine company to gain the trust of unsuspecting individuals. The FCA warned consumers to stay away from it. Here is the details of the clone firm. Name: Morgan Stanley/msaccounts.uk (Clone of FCA Authorised firms) Telephone: +442080798113 Email: contact@msaccounts.uk

On 23 October 2023 , it came to the attention of the Financial Conduct Authority (FCA) that there is a clone firm of Morgan Stanley operating in the forex market. The FCA's investigation revealed that the clone firm was using the name and details of the genuine company to gain the trust of unsuspecting individuals. The FCA warned consumers to stay away from it. Here is the details of the clone firm. Name: Morgan Stanley/msaccounts.uk (Clone of FCA Authorised firms) Telephone: +442080798113 Email: contact@msaccounts.uk

Otet Group LTD is a forex broker registered in Cyprus. According to what we know, this broker is not regulated by any regulatory institution. WikiFX has labeled this broker “No License” and given this broker an alarmingly low score of 1.50/10. An investor, who opted to remain anonymous, shared the distressing experience with Otet Group LTD with WikiFX. The investor revealed that he engaged in high-risk trading with the broker, managing to accrue over nine thousand dollars in profit. However, when the investor attempted to withdraw the funds, problems arose. On Friday, October 6, the investor requested a withdrawal of $200 and intended to transfer the remaining funds to a Huobi crypto account offered by Otet Group LTD. However, the withdrawal request was not processed, even worse, Otet Group requested the investor to share their trading strategy. The investor provided a portion of their trading strategy but was hesitant to disclose the entirety of it. After this, Otet Group LTD ceased communication and failed to respond to the investor's subsequent inquiries through email and support tickets. The only responses this investor received through online chat were automated templates.

Otet Group LTD is a forex broker registered in Cyprus. According to what we know, this broker is not regulated by any regulatory institution. WikiFX has labeled this broker “No License” and given this broker an alarmingly low score of 1.50/10. An investor, who opted to remain anonymous, shared the distressing experience with Otet Group LTD with WikiFX. The investor revealed that he engaged in high-risk trading with the broker, managing to accrue over nine thousand dollars in profit. However, when the investor attempted to withdraw the funds, problems arose. On Friday, October 6, the investor requested a withdrawal of $200 and intended to transfer the remaining funds to a Huobi crypto account offered by Otet Group LTD. However, the withdrawal request was not processed, even worse, Otet Group requested the investor to share their trading strategy. The investor provided a portion of their trading strategy but was hesitant to disclose the entirety of it. After this, Otet Group LTD ceased communication and failed to respond to the investor's subsequent inquiries through email and support tickets. The only responses this investor received through online chat were automated templates.

Established in 2019, Topmax Global (Topmax) facilitates online trading in Forex, CFDs for commodities, stocks, ETFs, bonds, cryptos, and indices. The broker's official website can be found at www.topmaxglobal.com. WikiFX, a global forex broker regulatory platform, has assigned Topmax a low WikiScore of 1.30 out of 10, indicating it as an unreliable broker in the forex trading industry. This is due to the broker's claim of holding a license authorized by Australias ASIC, which WikiFX found invalid as it had been revoked. Furthermore, Topmax claims that it is regulated by Canadas FINTRAC, but WikiFX could not locate any supporting evidence of this claim.

Established in 2019, Topmax Global (Topmax) facilitates online trading in Forex, CFDs for commodities, stocks, ETFs, bonds, cryptos, and indices. The broker's official website can be found at www.topmaxglobal.com. WikiFX, a global forex broker regulatory platform, has assigned Topmax a low WikiScore of 1.30 out of 10, indicating it as an unreliable broker in the forex trading industry. This is due to the broker's claim of holding a license authorized by Australias ASIC, which WikiFX found invalid as it had been revoked. Furthermore, Topmax claims that it is regulated by Canadas FINTRAC, but WikiFX could not locate any supporting evidence of this claim.

EA trading： Supported

Forex commission： Supported

Founded in 2020, TenX Prime Ltd (TenX) is a subsidiary of TenX Prime Pty Ltd, registered at Suite 305, Griffith Corporate Centre, Kingstown St. Vincent and The Grenadines, under the registration number 26449 BC 2021. WikiFX, a global forex broker regulatory platform, has assigned TenX a relatively low WikiScore of 3.45 out of 10, signifying it as an unreliable broker in the forex trading industry. This is due to the broker's claim of holding a license authorized by South Africa's FSCA, which WikiFX found invalid as it exceeded its validity. Additionally, TenX claims to be regulated by Australia's ASIC, but WikiFX could not locate any supporting evidence of this claimant.

Founded in 2020, TenX Prime Ltd (TenX) is a subsidiary of TenX Prime Pty Ltd, registered at Suite 305, Griffith Corporate Centre, Kingstown St. Vincent and The Grenadines, under the registration number 26449 BC 2021. WikiFX, a global forex broker regulatory platform, has assigned TenX a relatively low WikiScore of 3.45 out of 10, signifying it as an unreliable broker in the forex trading industry. This is due to the broker's claim of holding a license authorized by South Africa's FSCA, which WikiFX found invalid as it exceeded its validity. Additionally, TenX claims to be regulated by Australia's ASIC, but WikiFX could not locate any supporting evidence of this claimant.

In a recent advisory, the Philippines' Securities and Exchange Commission (SEC) issued a stern warning to the public regarding an unauthorized entity known as “Integrated Digital Success” or IDSPH.COM. The commission has made it explicitly clear that this entity is not authorized to solicit investments from the public. The warning comes in response to information gathered by the SEC, indicating that Chelsea Mirando, the identified CEO and Founder of Integrated Digital Success (IDSPH.COM), has been actively soliciting investments from the public. These investments are purportedly managed by professional traders and asset managers, creating an aura of legitimacy.

In a recent advisory, the Philippines' Securities and Exchange Commission (SEC) issued a stern warning to the public regarding an unauthorized entity known as “Integrated Digital Success” or IDSPH.COM. The commission has made it explicitly clear that this entity is not authorized to solicit investments from the public. The warning comes in response to information gathered by the SEC, indicating that Chelsea Mirando, the identified CEO and Founder of Integrated Digital Success (IDSPH.COM), has been actively soliciting investments from the public. These investments are purportedly managed by professional traders and asset managers, creating an aura of legitimacy.

FVP Trade is a forex broker that offers a range of trading instruments, including forex, commodities, indices, and cryptocurrencies. They offer the popular MT4 trading platform, which is known for its robust features and user-friendly interface. They also offer a demo account for traders to practice and familiarize themselves with the platform before trading with real funds. However, it is important to note that FVP Trade is not regulated by any recognized regulatory authority, which may be a concern for some traders. On the downside, FVP Trade lacks transparency in certain areas, such as withdrawal fees, processing time, and regulatory oversight. This may raise concerns about the broker's credibility and reliability. Traders should carefully consider these factors and conduct thorough research before deciding to trade with FVP Trade.

FVP Trade is a forex broker that offers a range of trading instruments, including forex, commodities, indices, and cryptocurrencies. They offer the popular MT4 trading platform, which is known for its robust features and user-friendly interface. They also offer a demo account for traders to practice and familiarize themselves with the platform before trading with real funds. However, it is important to note that FVP Trade is not regulated by any recognized regulatory authority, which may be a concern for some traders. On the downside, FVP Trade lacks transparency in certain areas, such as withdrawal fees, processing time, and regulatory oversight. This may raise concerns about the broker's credibility and reliability. Traders should carefully consider these factors and conduct thorough research before deciding to trade with FVP Trade.

Ox Securities is a global broker that was established in 2013. It provides traders with access to a wide range of financial instruments through Contracts for Difference (CFDs). These instruments include Forex (foreign exchange), Indices, Commodities, Stocks, and Cryptocurrencies. This is a well-balanced broker. You will probably get a good return from investing in this broker. But we still need to remind you of the potential investment risks. Investors still need to think long before making the decisions. Before deciding to invest with OX Securities or any broker, it's crucial to stay updated with the latest information on WikiFX and conduct your due diligence. Market conditions and broker reputations can change, so make sure to make informed decisions to avoid potential regrets in your trading journey.

Ox Securities is a global broker that was established in 2013. It provides traders with access to a wide range of financial instruments through Contracts for Difference (CFDs). These instruments include Forex (foreign exchange), Indices, Commodities, Stocks, and Cryptocurrencies. This is a well-balanced broker. You will probably get a good return from investing in this broker. But we still need to remind you of the potential investment risks. Investors still need to think long before making the decisions. Before deciding to invest with OX Securities or any broker, it's crucial to stay updated with the latest information on WikiFX and conduct your due diligence. Market conditions and broker reputations can change, so make sure to make informed decisions to avoid potential regrets in your trading journey.

In a move to provide traders with even more flexibility, eToro has announced the launch of its new After-Hours Trading feature. This innovative addition will enable traders to extend their trading hours beyond the typical market timings, granting them more opportunities to react to market changes.

In a move to provide traders with even more flexibility, eToro has announced the launch of its new After-Hours Trading feature. This innovative addition will enable traders to extend their trading hours beyond the typical market timings, granting them more opportunities to react to market changes.

Regulators： fsa

Application price (USD)： ****

Forex4you is an offshore-regulated forex broker that offers a wide range of trading instruments, including forex, commodities, indices, and stocks. The broker has a variety of account types that cater to different trading needs, with no minimum deposit required. Forex4you offers high leverage up to 1:1000, and competitive spreads starting from 0.1 pips with some of their account types. The broker also offers excellent customer support and a variety of educational resources to help traders improve their skills and knowledge.

Forex4you is an offshore-regulated forex broker that offers a wide range of trading instruments, including forex, commodities, indices, and stocks. The broker has a variety of account types that cater to different trading needs, with no minimum deposit required. Forex4you offers high leverage up to 1:1000, and competitive spreads starting from 0.1 pips with some of their account types. The broker also offers excellent customer support and a variety of educational resources to help traders improve their skills and knowledge.

FlexiTrade AI claims to generate substantial external revenue via automated AI trading. Their bold statement suggests that one can earn double of whatever is invested. And they go on to claim that their expert traders and bots ensure “100% risk-free trades”. Yet, the company provides no verifiable evidence to back up these lofty claims. Applying simple logic uncovers major flaws in their business model. If FlexiTrade AI genuinely possesses a bot that can consistently generate a 3% daily return, why are they seeking external investments? The only verifiable revenue stream seems to be new investments, suggesting a classic Ponzi scheme structure. Such schemes rely on continuous recruitment and investment. But when this influx wanes, the revenue dries up, leading to an inevitable collapse. The sad reality of Ponzi schemes is that when they fall apart, the majority of participants end up with losses. In conclusion, caution is advised when considering platforms like FlexiTrade AI. The glittering promises of guaranteed profits often mask deeper, more concerning issues. As the old adage goes, “If it sounds too good to be true, it probably is.”

FlexiTrade AI claims to generate substantial external revenue via automated AI trading. Their bold statement suggests that one can earn double of whatever is invested. And they go on to claim that their expert traders and bots ensure “100% risk-free trades”. Yet, the company provides no verifiable evidence to back up these lofty claims. Applying simple logic uncovers major flaws in their business model. If FlexiTrade AI genuinely possesses a bot that can consistently generate a 3% daily return, why are they seeking external investments? The only verifiable revenue stream seems to be new investments, suggesting a classic Ponzi scheme structure. Such schemes rely on continuous recruitment and investment. But when this influx wanes, the revenue dries up, leading to an inevitable collapse. The sad reality of Ponzi schemes is that when they fall apart, the majority of participants end up with losses. In conclusion, caution is advised when considering platforms like FlexiTrade AI. The glittering promises of guaranteed profits often mask deeper, more concerning issues. As the old adage goes, “If it sounds too good to be true, it probably is.”

Dukascopy Bank warns of a fake website (www.dukascopys.top) impersonating its brand, seeking to deceive users. This counterfeit site has no ties to Dukascopy or its entities. The bank urges the public not to trust content or share personal details on this clone site. Always verify website authenticity, especially for financial dealings. Stay informed and cautious.

Dukascopy Bank warns of a fake website (www.dukascopys.top) impersonating its brand, seeking to deceive users. This counterfeit site has no ties to Dukascopy or its entities. The bank urges the public not to trust content or share personal details on this clone site. Always verify website authenticity, especially for financial dealings. Stay informed and cautious.

Founded in 2019, Merlion Global is the subsidiary of XAU Merlion Financial Co. Ltd. Merlion Global is an online forex and CFD broker with headquarters in Cambodia, Phnom Penh. Merlion Global offers an array of trading instruments, currency pairs, precious metals, global indices, energy, and cryptocurrencies. Upon examining Merlion Global's licenses, WikiFX found that this broker is indeed regulated by both FSC and SERC. Although both entities possess Forex licenses, it's essential to note that their level of safety does not match that of Tier 1 license holders.

Founded in 2019, Merlion Global is the subsidiary of XAU Merlion Financial Co. Ltd. Merlion Global is an online forex and CFD broker with headquarters in Cambodia, Phnom Penh. Merlion Global offers an array of trading instruments, currency pairs, precious metals, global indices, energy, and cryptocurrencies. Upon examining Merlion Global's licenses, WikiFX found that this broker is indeed regulated by both FSC and SERC. Although both entities possess Forex licenses, it's essential to note that their level of safety does not match that of Tier 1 license holders.

Regulators： Mwali International Services Authority (M.I.S.A.)

Application price (USD)： 35000