Forex Broker Blacklist & Cautions
Identify brokers with active regulatory complaints, withdrawal lockouts, or suspected fraudulent activity. Check before you fund.
🚨 Essential Notice for Retail Traders
Forex scams commonly involve brokers promising high returns, denying withdrawal requests under malicious pretexts, or executing trades against customers on unregulated platforms. Always cross-verify licenses on the official regulators' registries (FCA, ASIC, CySEC) before sending funds.
Crown Forex
Listed on: 2025-02-09Case Summary:
Complete withdrawal failure and regulatory license revocation.
Crown Forex has been blacklisted due to numerous reports of complete withdrawal failure. The broker's regulatory authority has officially suspended their operations, and their website is either offline or operating without any valid licensing. Do not deposit funds under any circumstances.
Tracked Incident Logs
- ✖Dozens of verified user complaints claiming withdrawals have been pending for over 6 months.
- ✖Regulator official announcement of insolvency and suspension of operations.
- ✖Official website domain has been deactivated or redirected.
InstaForex
Listed on: 2026-03-12Case Summary:
Regulatory warnings in multiple jurisdictions and high volume of withdrawal disputes.
InstaForex has received caution warnings from several Tier-1 regulators, including ASIC and FCA, for offering financial services without local authorization. Additionally, we have tracked a surge in complaints regarding delayed withdrawals and arbitrary cancellation of trading profits under the guise of 'irregular trading patterns'.
Tracked Incident Logs
- ✖FCA warning notice issued against the operating entity.
- ✖Regulatory warning from the Spanish CNMV.
- ✖Multiple user disputes on public forums regarding profit cancellations.
Velocity4X
Listed on: 2025-02-04Case Summary:
Suspended operations and loss of regulation.
Velocity4X has lost its corporate status and its offshore regulatory registrations. The platform has disabled support tickets, and clients are unable to contact the broker to process withdrawals. This entity is marked as a scam.
Tracked Incident Logs
- ✖Withdrawal buttons disabled inside client portals.
- ✖Support email address bouncing back with delivery failure.
- ✖Offshore registration expired and not renewed.