⚠ Warning List

Companies we do not recommend trading with, based on numerous reports and complaints from traders.

⚠ BEWARE OF THE LATEST SCAMS: Finrev warns of fake representative scams targeting victims of illegitimate brokers. Finrev will never contact you asking for money to recover funds.

About This Warning List

The warning list is to inform the public of companies that we do not recommend trading with, following numerous reports and complaints filed by customers regarding these non-member firms.

We strongly encourage the public to provide us with information about fraud or wrongdoing, which may include:

Ponzi scheme, Pyramid Scheme, or High-Yield Investment Program
Theft or misappropriation of funds
Fraudulent or unlicensed offering
False or misleading statements about a company
Other fraudulent conduct

Flagged Companies

Company Name Type Reason for Warning Status Date Added
TradeMax GlobalForex BrokerUnresolved complaints, unregulatedWarningJan 2025
QuickTrade FXForex BrokerUnknown regulation, suspicious activityWarningFeb 2025
ProfitMax CapitalInvestment FirmFraud – Ponzi scheme allegationsFraudDec 2024
FastFX ProForex BrokerUnlicensed operation, withdrawal issuesWarningNov 2024
CryptoFX MarketsCrypto/ForexFake regulation claims, scam reportsScamOct 2024
GoldTrade LtdCommodity BrokerMultiple unresolved complaintsWarningSep 2024

Know of a Suspicious Broker?

If you have information about a broker engaging in fraudulent or unethical practices, please report it to us. We investigate all reports and update our warning list accordingly.

Report a Broker
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Protect Yourself

Before trading with any broker, always:

  • Check if they are a Finrev member
  • Verify their regulatory license
  • Check this warning list
  • Read independent reviews
  • Start with a small deposit