Fexolax claims to be an established cryptocurrency exchange. According to the information on their website. They have just shy of 100 Billion Dollars of assets processed on their exchange and over 1,800 employees. While everything about them sounds good on paper, if you try to verify their claims, the facade gets busted. For starters, their...

CCx Trade is a new online broker that claims to be FCA regulated. They claim to be around for over 10 years, but the domain analysis says otherwise. While it is true that they have been around for a few years, information regarding their regulation is not so transparent. No associated profiles have been found...

Exo Capitals is an online trading platform with questionable reputation and history. They claim to be around from 2013, but the domain history suggests otherwise. Most of the links on their website are not operational and as far as transparency goes, that aspect is non-existent. This platform is obviously unregulated and there’s a good chance...

FinProfm pretends to be a world class brokerage that offers trading instruments covering stocks, futures, commodities and cryptocurrencies along with indices. They apparently have got recognition in the industry and generate over 40 billion dollars of trading volume. After spending a couple of hours on their platform, we found nothing but disturbing facts which we...

Lunate(lunatecapital.world) claims to be a brokerage/online investment portal. Their website is around for less than a year and the traits they display is nothing less than scandalous. Creators or management behind the platform are maintaining a low profile. Clearly, they are unregulated. User reviews are not significant in number which means we cannot base our...

Axera pretends to be an investment platform run by people with a decent amount of experience in the markets. They claim that the portal is an automated one wherein investors need not do anything apart from depositing the funds. Returns advertised range from !5% to 60% in less than 24 hours. Anyone that has seen...

Prosure Fx is an online broker that has been around for less than a year at the time of publishing this post. They do not have the necessary licenses and they are bluffing about their regulatory stance. Leverage provided by them is 1:1000 which is clearly not ideal for beginners. Asset classes are not mentioned...

BitPay Mining calls itself a cloud based mining solution that apparently helps people get started with mining with the least cost possible. The returns are not made clear and the team behind this organisation are also maintaining a low profile. Regulatory authorities have issued a warning against them and the red flags they display are...

FirstMartinGroup.com poses as a full-service bank offering things ranging from current and savings accounts to debit/credit cards. While their low fees and high cash back claims along with high returns savings accounts might be enticing, one cannot deny the fact that it is too good to be true. They also claim to be around for...

Ingnitetrade poses as a new ASIC regulated broker that apparently has what it takes to elevate your trading experience. The asset class showcased by them is out of the ordinary and is certainly eye-catching. However, trading conditions, leverage and other crucial things are not shared. Clearly, they are not transparent and the lack of structure...