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High-risk warning list

Scam broker list

Brokers flagged for fraud, missing regulation, blocked withdrawals, or regulator warnings. Verify any broker here before you deposit.

How we flag brokers: public regulator warnings, verified user complaints, and evidence of unregulated activity. Report an issue.

Flagged & blacklisted brokers in 2026

1 flagged broker

  • AAFX Trading Scam warning

    AAFX Trading operates through an offshore entity with no tier-1 regulatory oversight. Multiple traders report that withdrawals are approved on-screen but never...

    No regulation Withdrawal problems User complaints
    Reported
    Feb 09, 2026
    Country
    Saint Vincent and the Grenadines
    Regulation
    No verified regulation

How to spot a scam broker

No real regulation

Missing or fake licences from FCA, ASIC, CySEC and similar bodies.

Withdrawal problems

Delays, endless verification, or surprise fees when you cash out.

Guaranteed profits

Aggressive sales calls and promises of risk-free returns.

See regulated & trusted brokers