Category: Con Brokers

Loyal Primus, a multi-asset online trading platform owned by Loyal Primus Limited, was founded in 2020. The company is marketing its services to institutional investors with instruments such as forex, precious metals, and futures trading. According to Loyal Primus, the company is registered in St. Vincent and the Grenadines with registration number 26626 BC 2022.…

Summary: Zenex (zenextrades.com) appears to be a UK trading platform. It claims to have been established in 2013. However, the domain zenextrades.com was registered in 2025. The UK’s Financial Conduct Authority (FCA) warned against Zenex. It appears not to be authorized to provide financial services for users in the UK. If you have any concerns…

Summary: An online trading platform, Quotex, makes trading binary options easier. Quotex has a simple interface and includes plenty of trading tools, but caution should be taken. Since Quotex is not regulated according to any established financial authority’s regulation, questions have been raised about its legitimacy. Because it is unregulated, it poses a risk to…

RIVOBANC Summary RIVOBANC positions itself as a new modern online trading platform sitting in Switzerland, offering a mobile trading app and the potential for multiple investments. First, it is an unlicensed platform. RIVOBANC has received a warning and has been blacklisted altogether by the FCA (Financial Conduct Authority) and ASC (Alberta Securities Commission), as legitimate…

Hugo’s Way Summary: Hugo’s Way is an unregulated online broker providing access to a range of trading instruments, including currencies, crypto, stocks, and commodities. Hugo’s Way offers high leverage (up to 1:500) and low minimum deposits; however, there are some challenges from users and the industry have been shared. The main concerns were that there…

Summary: Vital Markets is a trading platform that offers access to various financial markets, including Forex, Commodities, Indices, Shares, and Cryptocurrencies. While it provides advanced trading platforms like MT4 and MT5, there are significant concerns regarding its legitimacy and user experience. The platform is unregulated, accepts only cryptocurrency deposits, and has received poor user feedback,…

If you’re considering signing up with OspreyFX, please take a moment to read our OspreyFX review. At first glance, the platform appears professional, but upon closer examination, it raises some significant concerns. Traders have raised concerns about the regulatory status of the platform, including issues with withdrawals, spreads, and technical problems. Let’s consider a few…

Ventury FX claims to be a global forex and CFD trading platform, but there are a few problems based on the research done on its operations, licensing, and customer feedback. This Ventury FX review highlights the important aspects you should consider before trading with the broker. Ventury FX Overview Would you rather watch? We’ve created…

This PrimeInvests review examined its methods, user experiences, and whether Primeinvests.eu is consistent with the levels of trust one would find in any broker valued as trusted. Would you rather watch?We’ve created a brief video that highlights the main warning signs of PrimeInvests. View it here: PrimeInvests Overview New Update – The ASC (Alberta Securities…

Ocean Markets refers to itself as a “developing broker” that provides investment services across the global financial market in CFDs, Forex, commodities, indices, etc. Ocean Markets operates across https://oceanmarkets.biz and https://oceanmarkets.org (currently not available). Additionally, Ocean Markets claims to have advanced trading tools and 24/7 customer support. All of these promotions set up affiliate brokers to…