AI Markets is basically an anonymous brokerage that tries to fool customers with a sense of legitimacy by overloading us with fake corporate information.
Scam Brokers
-
-
24Tradex – Are They Safe?
Last updated: October 28, 2020, 6:30 am Scam BrokersThe first thing we check about a brokerage is its regulation status. This tells us whether a broker is operating legally or illegally.
-
Forex Bullish – Are They Safe?
Last updated: October 26, 2020, 9:43 am Scam BrokersAccording to the Terms and Conditions, you will contract with a company called Safe Side Trading Ltd, which is based in St. Vincent and the Grenadines.
-
Vetoro – Can You Trust Them?
Last updated: October 26, 2020, 8:23 am Scam BrokersTraders will get one advantage when they trade with Vetoro – they get the use of the famed MetaTrader 4 platform.
-
XBTElite – Can You Trust Them?
Last updated: October 21, 2020, 6:56 am Scam BrokersXBTElite is absolutely silent with regard to its corporate information and its physical address. There are no details anywhere on its website about the company that owns and operates this brokerage, and the only contact details we have is a generic email address and a strange phone number that cannot be traced.
-
CardanoMarkets – Are They a Scam?
Last updated: October 21, 2020, 6:47 am Scam BrokersThere is no information provided about the trading conditions, and since there was no demo account offered either, we were unable to verify these details for ourselves.
-
CMGmarkets – Can You Trust Them?
Last updated: October 20, 2020, 6:29 am Scam BrokersCMGmarkets claims to be owned by Mitz Holding Ltd, which is based in St. Vincent and the Grenadines. The broker also claims that all payments are processed by another company – Mitz Partnership OU. This company is located in Estonia.
-
StockFunds – Are They a Scam?
Last updated: October 15, 2020, 6:31 am Scam BrokersThe spreads in all account start from 0 pips. We were unable to verify any of this information as there was no demo account available and we also could not access their trading platform.
-
InvestFeed – Can You Trust Them?
Last updated: October 15, 2020, 6:04 am Scam BrokersWhile there is no information provided on InvestFeed’s website about the spreads it offers, the demo account showed a spread of 1.9 pips for the EURUSD pair. Once again, we needed to check the demo account to find out about the leverage this broker offers; it stands at a maximum of 1:500.
-
CFBroker.io – Are They Safe?
Last updated: October 15, 2020, 4:10 am Scam BrokersCFBroker.io claims to be owned and operated by a company by the name of Seabreeze Partners Ltd, which is located in the Republic of Dominica.