Check whether your broker is trusted by forexdailyinfo.com
Check if your broker is recognized and trusted by ForexDailyInfo.com, a leading forex portal for unbiased reviews and awards.
Most commonly checked unsafe brokers
Discover the most frequently flagged forex brokers known for issues like scams, withdrawal problems, and regulatory violations.
Bybit
Not trusted broker
- Not regulated by any top-tier financial authority, such as FCA in the UK or ASIC in Australia
- Listed on FCA warning list since Feb 2021
Quantum Ai Trading
Not trusted broker
- Not regulated by any top-tier financial authority, such as FCA in the UK or ASIC in Australia
- Listed on Alberta Securities Commission warning list
InstaForex
Not trusted broker
- Avoid InstaForex as it is not regulated by a top-tier regulator.
Finzilo
Not trusted broker
- On January 17, 2025, the Financial Conduct Authority (FCA) issued a warning against Finzilo, believing this company might be providing financial services or products without proper authorization in the UK.
Trade360
Not trusted broker
- Trade360 may be providing financial services or products in the UK without our authorisation. Learn more
PocketOption
Not trusted broker
- Not regulated by any top-tier financial authority, such as FCA in the UK or ASIC in Australia
- Listed on CNMV warning list since Jun 2023
How can I find the best brokers
- Ensure the broker is regulated by reputable authorities like FCA, ASIC, or CySEC.
- Compare Trading Conditions – Evaluate spreads, leverage, commissions, and execution speed.
- Trusted brokers often receive industry awards for excellence.