Trading Pro Regulation 2026: Is Trading Pro Broker Safe?
Discover Trading Pro regulation status, WikiFX score (2.33/10), fees, platforms & leverage. Is Trading Pro Forex broker safe? Read before depositing! Get facts now.
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Red Alert : Stay Away from These 13 Unauthorised Forex Trading Platforms
Abstract：The Reserve Bank of India (RBI) has added a fresh list of 13 unauthorised forex trading platforms, taking the overall number to 88. Read on to know the fresh list.
Frauds and scams happen across financial services, including forex trading. The Reserve Bank of India (RBI) has added a fresh list of 13 unauthorised forex trading platforms, taking the overall number to 88. The growing list is a reminder of the cautious approach traders need to adopt to stay away from fraud and scams.
Names Listed on the RBI‘s Alert List
The latest list includes names such as Ranger Capital, TDFX, Think Markets, Growline, YorkerFX, etc. As per RBI’s 2018 directions, these entities are barred from foreign exchange businesses under the Foreign Exchange Management Act (FEMA) of 1999. They are also prevented from operating trading platforms, the RBIs directions say.
You can see all 13 fresh names with their websites through they make traders invest, promote their offerings, and much more.
The RBI has cautioned that there can be names outside of its list which are not authorized for forex trading.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Further Reading
XA MARKETS Regulation Status: Is This Broker Safe? 2026 Review
XA MARKETS broker has NO regulation (WikiFX: 2.05/10). Read our 2026 review on fees, platforms & risks before trading Forex with this unregulated broker.
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WM Markets Exposure: Reports of High Slippage & Withdrawal Issues
Have you witnessed poor trade order execution on the WM Markets platform? Does the platform cause you losses due to heavy slippage? Did the Comoros-based forex broker deny you fund withdrawals? On top of all, was the customer support experience far from desired? These allegations have arguably broken the traders’ trust over this brokerage entity with over two years of operation. If these issues resonate with you, you must read this in-depth WM Markets review.
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TradersTrust Review: Investigating Allegations of Trade Manipulation, Profit Denials & Fund Scams
Did TradersTrust change the spread suddenly to cause your losses? Did its customer support fail to resolve the issue despite numerous attempts from you? Did the forex broker liquidate your position incorrectly? Have you faced a selective profit confiscation by the broker? These allegations have made their way to broker review platforms such as WikiFX. In this TradersTrust review article, we have examined complaints against the forex broker. This will help you make an informed decision on whether to be associated with this brokerage entity for trading. Read on!
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