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Is Profitix scam or reliable? FMA issues broker warnings

Samson Ononeme | Aug. 21, 2019
Daniel Joffe and Nathan Strasicomer, both Australians, have been found guilty of insider trading as announced by the Australian Securities and Investments Commission (ASIC)
Alex Hope, one time catering manager turned currency trader is reported to have been running a £5.5 million ponzi scheme. He was promoted as a 'successful and talented' trader by his accomplice, Raj Von Badlo, 56, who has admitted to promoting Alex on misleading information.
The apex bank in Russia, has made it clear that it does not regulate Forex brokers operating in Russia yet as a regulatory frame work for this has not been concluded. This explains why the bank does not look into activities of organisations and Forex self-regulatory organizations such as CRFIN.
NFA bans Credit Card deposits
Nasir Mohammad | Dec. 2, 2014
The NFA bans forex firms from taking credit card deposits from clients in the US. Marking a final verdict after over the case after a year and a half of court
The center for regulation in OTC financial instruments and technology (CRFIN) has put a red flag on Fxpresent, by adding it to its blacklist and advices caution to clients dealing or hoping to deal with the firm due to Fxpresents conditions of offering ridiculously high returns, bonuses and other trading conditions.
The UK Regulatory Watchdog further alerts that Carrington Group LLC is not authorized under the Financial Services and Markets Act 200 (FSMA) to perform regulated financial services activities in The UK.
The Dutch financial markets regulator, The Authority for the Financial Markets (AFM) has issued a public warning against the unauthorized activities of Green Seed Capital.
Nowadays, there are hacker stories everywhere. CySEC Chairwoman Demetra Kalogerou is the next as a hacker victim. On Friday CySEC published the following