Forex & Trading News

Trustpilot suspended SabioTrade’s rating after removing fake reviews, while traders allege unpaid payouts, blocked accounts and platform failures.

Traders With Edge is marked closed after its website went dark, following dated complaints alleging denied payouts, deleted accounts and no support.

CySEC withdrew Conotoxia Ltd’s license after a year-long suspension over governance, management and shareholder-suitability failures.

Elites Funding is listed as closed after traders repeatedly reported passing evaluations, requesting payouts and receiving no response.

FX2 Funding traders across four countries report disabled accounts, stalled identity checks and inactive withdrawal controls after requesting payouts.

Independent checks list GWFX’s Vanuatu license as revoked, its claimed FCA status as unverified and no physical office at its stated UK address.

A trader says INGOT Brokers paid only $179 after a $250 deposit grew to $3,200, one of 13 severe complaints logged in three months.

NAGA traders allege undisclosed bonus terms were used to restrict accounts and withhold large balances, following a €150,000 CySEC settlement.

Orbex told EU clients to close accounts in July 2025, but CySEC’s public register continued to show license 124/10 as active more than a year later.

A US federal court permanently banned PaxForex from US commodity markets in 2021, yet the offshore broker continues to serve international traders.

Squared Financial paid two CySEC settlements in November 2025, surrendered its Cyprus license one month later and later faced offshore withdrawal complaints.

ASIC cancelled Trive’s Australian financial services license on 1 July 2026 after a broad CFD review identified serious process deficiencies.