28 Fraudulent Financial Entities Added to Warning List by The Financial Commission

The Financial Commission, an external dispute resolution (EDR) body dedicated specifically to FX, has added 28 fraudulent financial entities to its warning list over the last two weeks.

Concerned traders have notified the Financial Commission regarding these company and their associated websites.

According to the regulator, these companies are using the following names:

• TheChainFX

• Cryptopairstrade (Cryptopairstrade Markets Limited)

• BataflipFX (Bataflip FX Trade Corp.)

• RangeBits

• FuturePlanInvest

• AmeritForexTrade

• Forex Trading

• Axi Trading

• Signature Funding (Signature Funding Solutions Limited)

• Evulus

• CloudFut

• ProsperousHome Investment

• Coinmainvest

• Millennium Growth (Millennium Growth LTD)

• DigitalValux

• StandardGlobalTradingFX

• Perfect Elite Trade

• WealthCryptoMine

• SuperiorFX Trading (Capitals Growth Investment)

• Autive

• Bit Project Invest

• HQCent (HQCent Trading Limited)

• LiveTradingSmartXInvestment (Live Trading SmartX Markets Limited)

• BinanceInvest (Binance Limited)

• AvivCapitals (Avivcapital LTD)

• Primax Trades (Primax Trades Limited)

• O3FXCapital

• ​The Real FX Trade (The RealFx Trade Ltd)

Upon reviewing submitted information from potential customers of these brokers, the Financial Commission has determined that the indicated companies and associated websites may be used to scam and defraud traders and investors.

As such, the Commission does not recommend doing business with these entities, either individuals purporting to represent these brokers on social media and in private messages on popular messaging apps.