Global Broker Regulation Inquiry App
WikiFX
English
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
All scams in one? These Seychelles FSA-Warned FX Brokers are Highly Similar
Abstract：Recently, the Seychelles Financial Services Authority (Seychelles FSA) warns an unregulated broker named Live Capitol.
At first, we thought the broker was just another scam that investors often see on the forex market. However, as our investigation advanced, we found another four unregulated brokers are highly similar to Live Capitol.
Here are the names and websites of the five brokers:
1. Live Capitol
Website: https://www.livecapitol.net/
2. Profited Crypto
Website: https://www.profitedcrypto.online/
3. Flipuniquemarket
Website: https://www.flipuniquemarket.live/
4. Sharesforextrade
Website: https://sharesforextrade.com/
5. TradingMasterClass77
Website: https://tradingmasterclass77.com/en.html
Similarities
First of all, though logos and trade names are different, the website designs of the scammers are very similar. And the awards they have claimed to won are almost the same.
Even their company names are all in the format - 'Trade Name' +LTD. What's more, the regulatory information they claim is also the same! The fraudsters all claim to be the brand names of TopFX Ltd, a company regulated by the Cyprus Securities and Exchange Commission (CySEC) with regulatory number 138/11.
According to CySEC, TopFX Ltd is indeed regulated by CySEC. However, the scammers have nothing to do with regulated companies. And the strongest evidence is that the CySEC-approved website is www.topfx.com, not any of the five above.
We always see scammers claiming to be the brand name of a legitimate company, while no information can approve the scammers having a connection with the company.
Seychelles FSA Warnings
Moreover, the frauds also claim to be licensed by Seychelles FSA with the number SD037. However, the Seychelles FSA does not authorize their forex activities but issued warnings to them.
And one of the fraudsters - Sharesforextrade - is also warned by CySEC.
Besides, two websites in Seychelles FSA are inaccessible now. Therefore, we suspect the illegal company may have other scam sites or going to create some other new sites. It is recommended that investors stay alert and not fall into this trap.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Long
Short
Slippage
Leverage
Indicator
Quoted currency
Roll-Over
US Non-farm Payrolls
Broker
Clearing
Commission
Currency Pair
Dealer
Future
Inflation
Arbitrage
Spot Market
Spot Price
Contract
Interest
Net Position
Devaluation
BOE
PBOC
Volume
Liquidity
Margin
knowledge
Learn basic forex
Forex trading
Forex margin
Forex Chart
Forex indicator
support and resistance
Forex Broker
Forex strategy
Forex Currency pair
Forex Analysis
Forex news
leverage in forex
forex pips
Basic forex knowledge
forex market
forex beginners
FSCA
monetary policy
mortgage-backed securities
interest rates
inflationary
Non-farm payrolls
Ramadan
Stock
Read more
Uniglobe Markets Deposits and Withdrawals Explained: A Data-Driven Analysis for Traders
For any experienced trader, the integrity of a broker isn't just measured in pips and spreads; it's fundamentally defined by the reliability and transparency of its financial operations. The ability to deposit and, more importantly, withdraw capital seamlessly is the bedrock of trust between a trader and their brokerage. When this process is fraught with delays, ambiguity, or outright failure, it undermines the entire trading relationship. This in-depth analysis focuses on Uniglobe Markets, a broker that has been operational for 5-10 years and presents itself as a world-class trading partner. We will move beyond the marketing claims to scrutinize the realities of its funding mechanisms. By examining available data on Uniglobe Markets deposits and withdrawals, we aim to provide a clear, evidence-based picture for traders evaluating this broker for long-term engagement. Our investigation will be anchored primarily in verified records and user exposure reports to explain the Uniglobe Mar
Original 19m
In-Depth Review of Uniglobe Markets Trading Conditions and Account Types – An Analysis for Traders
For experienced traders, selecting a broker is a meticulous process that extends far beyond headline spreads and bonus offers. It involves a deep dive into the fundamental structure of a broker's offering: its regulatory standing, the integrity of its trading conditions, and the flexibility of its account types. Uniglobe Markets, a broker with an operational history spanning over five years, presents a complex case study. It offers seemingly attractive conditions, including high leverage and a diverse account structure, yet operates within a regulatory framework that demands intense scrutiny. This in-depth analysis will dissect the Uniglobe Markets trading conditions and account types, using data primarily sourced from the global broker inquiry platform, WikiFX. We will explore the Uniglobe Markets minimum deposit, leverage, and account types to provide a clear, data-driven perspective for traders evaluating this broker as a potential long-term partner.
Original 37m
KEY TO MARKETS Review: Are Traders Facing Withdrawal Delays, Deposit Issues & Trade Manipulation?
Did your deposits in KEY TO MARKETS’ forex trading fail to reflect despite numerous follow-ups with the broker? Are you facing margin lock up and withdrawal issues due to stuck limit orders? Do you find losses due to wide spreads on the KEY TO MARKETS login? Similar issues have been expressed by many traders online. In this KEY TO MARKETS review article, we will take a close look at the complaints. Read on!
Original 53m
Australia’s Fraud-Intel Network Exposes $60M in Scams
Australia’s financial sector is confronting another wave of increasingly sophisticated fraud schemes, uncovering more than $60 million in suspected scam attempts in the third quarter of 2025 alone. The findings come from BioCatch Trust Australia, a real-time fraud intelligence-sharing network launched in late 2024 that now covers over 85% of all banked Australians.
Original 2h
WikiFX Broker
Latest News
GCash Rolls Out Virtual US Account to Cut Forex Fees for Filipinos
WikiFXThe 350 Per Cent Promise That Cost Her RM604,000
WikiFXINZO Commission Fees and Spreads Breakdown: A 2025 Data-Driven Analysis for Traders
WikiFXGaranti BBVA Securities Exposed: Traders Report Unfair Charges & Poor Customer Service
WikiFX"Just 9 More Lots": Inside the Endless Withdrawal Loop at Grand Capital
WikiFXPrivate payroll losses accelerated in the past four weeks, ADP reports
WikiFXCore wholesale prices rose less than expected in September; retail sales gain
WikiFXConsumer confidence hits lowest point since April as job worries grow
WikiFXCFTC Polymarket Approval Signals U.S. Relaunch 2025
WikiFXMH Markets Commission Fees and Spreads Analysis: A Data-Driven Breakdown for Traders
WikiFXCurrency Calculator
USD
CNY
Current Rate: 0
Amount
USD
Available
CNY
Calculate