FxGecko

Feel free to use FxGecko APP to check the regulatory license, MT4/5, related companies and other information of forex brokers worldwide!

If you encounter any problematic brokers, you can file a complaint on the FxGecko APP to seek a solution.

11/08/2025

📊 Key Data This Week:
🔥 US CPI, PPI, and Retail Sales

🌏 Major Events:
🔥 Reserve Bank of Australia rate decision
🔥 US–Russia leaders’ meeting

🔍 Also watch:
Geopolitical and trade headlines
Fed speakers
Shifts in market expectations for Fed rate cuts

08/08/2025

Resolved Complaints This Week:

🟢 Case 1 —
Aug 4: Trader reported withdrawal issues and repeated ID video requests. UnionPay withdrawal was also denied.
✅ Aug 5: Issue resolved.

🟢 Case 2 —
July 24: Trader claimed $35,000 balance was cleared without reason. Platform promised a refund but delayed.
✅ Aug 6: Issue resolved.

🔍 Check the “Resolved” list on FxGecko for full complaint details.

07/08/2025

🚨 Reappears After Years—Traders Raise Red Flags

A trader claims that INGOT—a platform that suddenly disappeared in 2018 without processing withdrawals—has resurfaced and recently contacted him in May, inviting him to reinvest.

The trader says he lost $5,230 on the platform back then, and no refund or explanation was ever given. He now questions the legitimacy of INGOT’s regulatory claims and warns others to stay cautious.

🔎 According to FxGecko, INGOT currently discloses only a Seychelles license.

🚨 Investors should always verify a broker’s license, past conduct, and reputation. If a platform has previously shut down or has a poor history, proceed with extreme caution—don’t let marketing promises blind you to real risks.

Have you had any experience with INGOT? Let us know in the comments.

06/08/2025

🚨 Forex Broker Watch:
– No license, no contact info, 1 server only. Too risky.
– Offshore licenses (FSC Mauritius, BVI FSC) + complaints of withdrawal issues.

More Details: https://www.fxgecko.com/en_US/articles/373005.html

⚠️ Remember: A slick website ≠ a safe broker. Always research before you trade.

05/08/2025

FxGecko Update:

Axel Private Market
Quantix FS
IC Funded
Hera Brokers
Carlton
Markets Rise
Galaxy Path Capital
Onyx Capital Group
PTX Markets
ZYZ Capital
EsaFX
Ambitious Capital

🔍 Search these names in the FxGecko app to view details on licenses, background info, and risk warnings.

⚠️ Avoid brokers with low ratings, high risk flags, or lacking credible regulation—these platforms often offer little to no investor protection when things go wrong.

Have questions about any platform? Drop them in the comments!

04/08/2025

What to Watch This Week 👇

🟢 Tuesday: PMI data from France, Germany, Eurozone, UK, and the US 🔥
🟢 Thursday: US starts implementing “reciprocal tariffs”; BoE rate decision 🔥

Markets remain focused on digesting last Friday’s US jobs report.

Keep an eye on global trade talks, geopolitical updates, Fed officials’ remarks, and any shift in Fed rate cut expectations.

01/08/2025

🚨 Trader Report:

A trader has accused an agent of fraud related to TMGM:

In February 2025, the trader says they were lured into opening an account via an agent met online. The agent promised guaranteed profits, showed screenshots of past trades, and encouraged a $10,000 deposit—offering to trade on the user’s behalf.

Within a week, the account was fully wiped out. The agent allegedly admitted fault and agreed to compensate $7,000, but has since disappeared. Multiple emails to TMGM reportedly went unanswered.

⚠️ This pattern of “agent trading + false guarantees + loss then silence” is not uncommon in the forex world.

📢 Reminder:
Be extremely cautious with anyone offering to trade for you, especially if they promise guaranteed profits.

31/07/2025

⚠️ Trader Alleges Withheld $7,582 in Withdrawals

A trader claims that after depositing $60,000 and earning $46,000 in profits on OEXN (as recommended by a relationship manager), the platform froze the profits, citing “irregular trading.”

An agreement was later reached to return the initial deposit and pay the profits in monthly installments. However, since June, the trader says OEXN has stopped responding and still owes \$7,582.

The trader has shared transaction records and email agreements, warning others about the risks of using lesser-known brokers and urging OEXN to honor its commitment.

💬 What’s your take on OEXN?

30/07/2025

⚠️ Complaint Raises Questions on Regulation

A trader says they deposited $2,000 into CPT Markets after believing it was under UK regulation. They even used a UK IP to trade—but their MT4 account was frozen, and withdrawal was blocked.

CPT Markets later clarified the account was actually opened under CPT Markets Limited, registered in Belize and regulated by the IFSC. The client’s use of a UK IP triggered a compliance review, which "may take years," per CPT’s terms.

⚠️ Although the issue is reportedly resolved, it’s sparked concern: Some brokers advertise strict regulation while placing client funds under offshore entities. Have you experienced this?

📊 FxGecko shows 113 complaints against CPT Markets—investors should stay alert to related risks.

29/07/2025

⚠️ Trader Report:

A trader claims they were misled into depositing $1,997 into an ETO Markets account on July 14, after being shown fake profits from what turned out to be a demo account. The agent then allegedly took control and overleveraged the account—placing 51.78 lots of gold trades—causing it to blow up overnight. The agent disappeared, and the platform has reportedly taken no action.

No official response from ETO Markets as of now.

⚠️FxGecko has recorded 28 complaints against the broker—be aware of related risks.

28/07/2025

This Week’s Highlights:

🟢 Mon: US–China trade talks in Sweden
🟢 Tue: US June JOLTS job openings
🟢 Wed: US ADP, GDP, Fed rate decision🔥
🟢 Thu: US Core PCE inflation 🔥
🟢 Fri: US July Nonfarm Payrolls 🔥

Also watch for updates on global trade tensions, Fed speaker remarks, and evolving market expectations for U.S. rate cuts.

25/07/2025

🚨 Accused of Withholding Profits

A trader has filed a complaint against SquaredFinancial, claiming the platform blocked a $610 withdrawal request without explanation just two days after a $500 deposit on July 8.

The platform reportedly froze the full account balance of $943.84, demanding multiple private documents such as proof of assets.
The trader says all trading activity and deposits were legitimate, and no warnings or account alerts were ever received.

Customer service and account managers allegedly kept passing responsibility back and forth, but the withdrawal was never processed.

As of now, SquaredFinancial has not responded to the complaint.

⚠️ According to FxGecko, there are 9 complaints against SquaredFinancial, with many involving withdrawal issues after profits.
Investors should stay alert to potential risks with this broker.

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