On the broker’s website in the footer section, it is mentioned that NeoTrade is owned and operated by Donnybrook Consulting Ltd which is based in the Dominican Republic.
Scam Brokers
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Global Ventures – Are They Trustworthy?
Last updated: November 22, 2020, 2:51 am Scam BrokersGlobal ventures is an undisclosed shady forex broker who has not even provided much information about its regulation. All you can manage to find out is that Bulgarian laws govern this broker.
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New Traders Holdings – Is It Safe To Trade With Them?
Last updated: November 16, 2020, 11:54 pm Scam BrokersNew Traders Holdings claims to be owned and operated by a renowned and reputable regulatory authority but they do not mention which regulatory authority is regulating them.
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BAQuote – Is It a Scam or a Good Forex Broker?
Last updated: November 15, 2020, 2:11 am Scam BrokersBaquote claims to be regulated and authorized by the Registrar of Corporation of the Republic of the Marshall Islands with the name Baquote Ltd. This seems to be an official statement but it is not more than a false claim.
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WTPRONIVEST – Are They Safe?
Last updated: November 15, 2020, 1:51 am Scam BrokersThe company’s website indicated that the address of this broker is in the Marshal Islands. What this means is that their location is in the offshore zones wherein no financial regulator is needed to register the forex company.
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VAKSC Markets – Are They Secure?
Last updated: November 14, 2020, 1:51 am Scam BrokersVAKSC Markets claims to be an international forex broker based in the UK. On their website, they have shown the address of St. Vincent and Grenadines.
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Triton Capital Markets – Are They Safe to Trade?
Last updated: November 13, 2020, 10:58 pm Scam BrokersTriton Capital Market has only mentioned the account types and its minimum initial deposit amounts. However, they have not provided any information on the spreads and leverage levels.
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UnixBroker – Is It Safe to Trade with Them?
Last updated: November 11, 2020, 1:39 pm Scam BrokersUnixBroker has only mentioned the account types it is offering to the clients for trading and the leverage levels of each account. It has not mentioned any details regarding the minimum deposit amount of each account or spreads.
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WAM Capital – Are They Trustworthy?
Last updated: November 2, 2020, 5:02 am Scam BrokersThere are no advantages to investing with WAM-Capital. There are several red flags that we detected from reviewing this broker.
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CapTradeOptions – Are They Trustworthy?
Last updated: November 2, 2020, 4:11 am Scam BrokersThere seem to be two account types that CapTradeOptions offer: Standard and VIP. The minimum deposit requirement for the Standard account is $100, while for the VIP account, you need to make a deposit of at least $1,000.