Unregulated Brokers and Scams

In this section, we list unregulated forex, CFD, crypto and stock brokers. We also warn about other scams.

We always recommend our users to use regulated and licensed brokers. 24Option, and eToro are all great examples of safe brokers. Best CFD brokers, Best Forex brokers, and best Cryptocurrency brokers. All regulated of course.

All brokers in the toplist below are regulated and safe.

Find the best trading platform. You capital is at risk when trading. Be careful.

The Risks of Using Unregulated Brokers

There are many risks associated with using unregulated brokers which is why you have to avoid using them at all costs. Let us explain further.

An unregulated broker operates completely on their own without oversight, audits, or requirements to follow any rules or regulations. They can, in other words, do whatever they want to do with you including stealing all of your money and private information. In fact, the reason why most unregulated brokers remain unregulated is that they don’t want to be regulated because they are up to no good. Also, if a broker has a reputation of offering unregulated trading services, they will most likely never get a license to be able to start offering their services legally. Our point is that, in most cases, an unregulated broker will remain unregulated and unsafe for forever.

What Should You Do With An Unregulated Trading Account?

Many people come to us to ask for help after they’ve realized that they’ve opened an account with an unregulated broker, and we offer the following solution to everyone.

If you’ve already made the mistake of registering with an unregulated broker, we advise you to try and withdraw your funds as soon as you can so that you can deposit them to a real trading account with a safe broker. After that, you need to close down your account with the unregulated broker and never look back. That’s it. Don’t wait or hope for the best – try to get out as soon as possible.

Warning list of unregulated brokers:

  • CTOption
  • NovusCM
  • Tradorax
  • OlssonCapital
  • Delta Tech
  • Greenfields Capital
  • Fintech LTD
  • FXMasterBot
  • MarketWorld
  • Dukascopy
  • Maximus Edge Autobot
  • Binary Robot 365
  • Binary.com review
  • TorOption
  • PrimeCFDs

Other scams

  • Bitcoin trader
  • Ultimate4Trading
  • CryptoTrader
  • Crypto Robot 365
  • BlazingTrader
  • Bitcoin Robot 2
  • CloseOption scam
  • Bitcoin Focus Group
  • Bitcoin code
  • Bitcoin method
  • BinBot Pro
  • The Crypto Genius
  • The Bitcoin trader
  • The Tesler App
  • StartOption
  • Pocket Option scam

Other brokers

Here you will find other brokers that are not premium partners with BullMarketz, but regulated and safe.

Regulated Alternatives

Instead of risking your safety and your money with one of the above-mentioned and dishonest brokers we suggest you browse through our website and see if you can find a regulated broker that would suit you and your trading style instead. We have reviewed and recommended all of the best brokers and suggest you stick to them. Also, there are so many regulated brokers to choose from that there really isn’t any need for you to even consider signing up with an unregulated broker.

The best way to get started in your search for a good broker is to go to our start page where we have listed the top brokers based on a set of different criteria. And make sure you read through all of our detailed reviews before you decide on which broker you want to use.

65-89% of retail CFD accounts lose money.