Who We Are
ScamBrokersReview.com is a fully independent consumer protection platform dedicated to exposing fraudulent forex and CFD brokers, helping retail traders make genuinely informed decisions. We are not affiliated with any broker, trading platform, financial institution, or marketing agency.
Our team of financial analysts and regulatory specialists has spent years reviewing hundreds of brokers across every major jurisdiction. Every review on this platform is the result of independent investigation, not sponsored content or paid placement.
Our Mission
Forex and CFD fraud costs retail traders billions of dollars every year. Unregulated offshore brokers, clone firms impersonating legitimate institutions, and investment scams targeting inexperienced traders have proliferated across Southeast Asia, the Middle East, and Eastern Europe. Our mission is to document these risks and give traders the information they need before depositing any funds.
What We Investigate
- Regulatory status: We cross-check every broker against official regulator databases including the FCA, ASIC, CySEC, FSCA, MAS, and others.
- Withdrawal practices: We track patterns of delayed or refused withdrawals, one of the most common complaints against scam brokers.
- Complaint history: We monitor forums, social media, and regulatory action databases for client complaints and enforcement actions.
- Marketing practices: We flag misleading profit claims, fake bonuses, and predatory upselling.
How We Rate Brokers
Every broker is scored across six dimensions: regulatory compliance (25%), fund safety (20%), trading costs (20%), platform quality (15%), customer support (10%), and complaint record (10%). Brokers cannot pay to improve their ratings or remove legitimate complaints.
Report a Broker Scam
Have you lost money to a fraudulent broker? Send us your evidence and our investigations team will assess the case. If we find systemic fraud, we publish a full scam warning.