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List of brokers banned by forex-fraud


francmorio

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Below you’ll find our current list of NOT trusted brokers.

  • Trade24- NEW WARNING!!! 22 Sep 2016
  • Joe Lewis Trading (JLTrading.com): Although there have been no recent charges levied against Joe Lewis Trading. (also known as joelewis-trading.com, JLTrading.com and Lon-ist investment managers) we at ForexFraud.com feel there are enough earmarks that they may not be a secure and trustworthy broker. As such, we strongly caution against investing with Joe Lewis Trading at this time.
  • Peregrine Financial Group
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  • 3 years later...
  • 4 months later...

Emotion can cause great problem in trading. Because taking decision emotionally can lead the trade into the loss. Technical decision is far better than emotional decision. I don't give importance to emotion while I trade. My broker Forex4you is also help me to take decision technically. It prevents me from taking decision emotionally. I like them because of their low spreads, dynamic leverage and easy decision making tools.
 

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  • 2 weeks later...

I am not sure about this list but yes many countries are having banned on FOREX Broker, some of them are

  • India – Restrictions on the way Indian citizens are allowed to trade in the Forex markets are being regulated by Securities and Exchange Board of India (SEBI)
  • Belgium.
  • North Korea.
  • Malaysia.
  • France.
  • Bosnia Herzegovina. etc.
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I think that many brokers can be unreliable. Therefore, I always adhere to the fact that it is necessary to study all the information about brokers with whom you plan to cooperate. I totally recommend you to visit this site Finarm, which has a whole bunch of different companies listed. It's pretty convenient and can give you some insights. Read, learn and start!

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