Forex & CFD Broker Scams

Reviews of forex, CFD and online trading platforms that are not authorised in Türkiye by the Capital Markets Board (SPK). Each article explains how the scheme works, what was identified about the platform and how victims whose money ended up in Türkiye can pursue it.

• Verimdaş Scam Warning: Deepfake Ads, Cloaking and 13 Domains

  Verimdaş (Verimtaş) is not SPK-authorised. Deepfake Instagram ads, cloaked front sites and 13 domains collect your details for call centres in Turkey.

• UBS Trading Platform Scam: Misusing the UBS Name

  UBS Trading Platform is a scam misusing the UBS name. It is not authorised by the SPK in Turkey and demands tax, insurance and deposit fees before withdrawal.

• asset-finnans.com (AssetFinnance) Scam Warning: AI Trading

  asset-finnans.com (AssetFinnance) is not authorised by the Capital Markets Board in Turkey. How the AI trading scam locks withdrawals, and legal routes.

• N26 Global Invest – Scam Misusing the N26 Bank Name

  N26 Global Invest is a forex scam misusing the German bank N26's name. Not authorised by SPK in Turkey; domain, payment details and legal process explained.

• gfo-xx.com – Clone Scam Misusing the GFO-X Name

  gfo-xx.com is a clone of FCA-authorised GFO-X. The real GFO-X has no connection with it; the site is not authorised by SPK in Turkey. Legal routes explained.

• Fake KCM Trade (kcmtradeint.com) Clone Scam Warning

  Fake KCM Trade at kcmtradeint.com misuses a real broker's name, is not authorised by the SPK in Turkey and is on the FMA blacklist. How the clone scam works.

• JPX (jpxmart.com) – Scam Misusing the Japan Exchange Name

  JPX (jpxmart.com) is not authorised in Turkey and has no link to Japan Exchange Group. How the Instagram group scam demands fees at withdrawal.

• CF Group (forexcf.com) Clone Forex Scam Warning

  CF Group (forexcf.com) is a clone forex scheme misusing a New Zealand company's name. Not authorised by SPK in Turkey; FMA warning and legal process explained.

• Fake Rockefeller Capital Forex Scam Misusing a Famous Name

  A forex scheme uses the Rockefeller Capital name. It is not authorised in Turkey by the SPK, and the real firm has no connection. Legal process explained.

• Fake Invesco Market Forex Scam: Misusing the Invesco Name

  Invesco Market is a forex scam misusing the Invesco name. Not authorised by SPK in Turkey and unconnected to the real Invesco; legal process explained.

• Fake Exxon Mobil Oil Investment Scam: Name Misused

  Fake Exxon Mobil oil investment scheme: no connection with the real company, not authorised by SPK in Turkey. How the scam works and the legal process.

• Elitequestmarkets Scam Warning: Fake DeFi Bot and Withdrawal Tax

  Elitequestmarkets (elitequestmarkets.com) is not authorised in Turkey. How a funded test account and an upfront withdrawal tax were used,.

• Blue Horizon Insights Review: Unlicensed CFD and Crypto Site

  Blue Horizon Insights (bluehorizoninsights.com) is not authorised in Turkey and was put on the FCA warning list within 15 days of registration. Key findings.

• Auramarkxch Scam Warning: Fake Gas Fees on Crypto Withdrawals

  Auramarkxch (auramarkxch.live) is not authorised in Turkey. How the invitation-only crypto site uses fake gas fees, and what the legal process involves.

• Raw Forex Review: Unlicensed Broker Using a 'Raw Spread' Name

  Raw Forex is not authorised in Türkiye by SPK. It turns the technical term 'raw spread' into a brand; rawforex.com could not be reached at our check.

• Finrally Review: Binary Options & CFD Platform, Not Licensed

  Finrally is not authorised in Türkiye by SPK. Behind 'regulated' there is no licence number; the operator is Makerun Corp. of the Marshall Islands.

• Bold Prime Scam Warning: Island Registrations, No Licence

  Bold Prime is not authorised in Türkiye by SPK. Its Saint Vincent and Comoros (Mwali) references are not licences. Risks and the legal process explained.

• AMEGA (AMEGAFX) Scam Warning: Mauritius Licence Disputed

  AMEGA (amegafx.com, amega.finance) is not authorised in Turkey by SPK. Its Mauritius licence claim is disputed and Malaysia's SC has issued an investor alert.

• jtfinuk.com Scam: Clone of JT Financial Consultants

  jtfinuk.com copies the real UK firm JT Financial Consultants Limited. Not authorised by SPK in Turkey; the FCA issued a clone warning. Contact details listed.

• NewRockwood Scam Warning: Fake Banker Interview Ads

  NewRockwood (newrockwood.ai) is not authorised in Turkey by SPK. Fake bank manager interview ads lead to a trading panel; Belgium's FSMA has issued a warning.