The end goal is almost always the same - scam your money.

Understanding exactly who are illegal and unregulated brokers and how to avoid dealing with them is an essential part of protecting your money. Therefore, BrokersView sets up “Scam” to facilitate public understanding of unlicensed brokers. After our exposure, fraudulent forex brokers have accelerated to close their websites. Recently, we found 16 unlicensed brokers are no longer to be available to everyone now. Here is the list:

1. OREANA

Website: https://www.oreanafx.com/

2. Freyr

Website: https://www.freyrfx.com/

3. IGC Markets

Website: https://igcmarkets.com/

4. CDFX

Website: https://www.cdfxcapital.com/

5. TradeLTD

Website: https://www.tradeltd.com/

6. Lebway

Website: https://www.lebwayz.com/en/index.htm

7. Vibeinvest

Website: https://www.vibeinv24.com/

8. 365 Capital FX

Website: https://www.365capitalfx.com/

9. InfinityCapitalG

Website: https://infinitycapitalg.com/

10. FMarketX

Website: https://fmarketx.com/

11. HYCMFX

Website: https://www.hycmfx.com/

12. Fx Option Trade247

Website: https://www.fxoptiontrade247.com/

13. Cheonan International

Website: https://www.cheonan.uk/en/

14. Forex Steady

Website: https://www.steady168.com/

15. WBFX

Website: https://wbfx.io/

16. ING CAPITAL

Website: https://ing.capital/

If you want to know more detailed information about these brokers, you can click the underlined tracking link. For each one, we expressed strong reasons why it is concluded as a scam.