Leading the list with the highest number of grievances is Live-ForexTrade, amassing four complaints predominantly centered around allegations of fraud and difficulties in fund withdrawal. This broker has raised red flags within the trading community for its lack of regulatory oversight, being unlicensed, and being suspected of being a cloned broker. Cloned brokers impersonate legitimate entities to deceive investors, a tactic becoming more common in the industry. Following behind is OBT, with one major complaint lodged against its services, also regarding challenges in withdrawing funds. Similar to Live-ForexTrade, OBT operates without regulation or a proper license, casting doubts on its operations' legality and safety.