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Broker platforms

May 29, 2022

The Financial Commission Certifies Broker 4X Solutions!

The Financial Commission announced the certification of trading technology provider 4X Solutions. The certification would be part of its ongoing efforts to help ensure brokers and traders are operating in a fair and transparent environment with commonly accepted standards for trading technologies. The core product of 4X Solutions is a MetaTrader copy trading platform that can be used standalone or as a foundation for a more specialized application through API integration. Allegedly, 15,000 traders use the 4X Solutions platform.

April 25, 2022

Whistleblower Request – Russian Serenity Financial, GrandCapital, and Jekaterina Soldatova

Until August 2020, Estonia-based Serenity Financial d/b/a SerenityPay (www.serenity-financial.io) operated as a licensed crypto payment processor and Exchange operator. The license was terminated. As a contact email, SerenityPay has provided the email [email protected], which is associated with the Russian offshore broker operator GrandCapital. Jekaterina Soldatova is the only registered director. She also holds board positions with six other Estionan entities. We want to learn more about SerenityPay and Soldatova.

April 21, 2022

Offshore broker Axiory with super-high leverage does not accept clients from UK and EU!

Axiory offshore broker is operated by Axiory Global Ltd, regulated by FSC Belize, and Tradit Ltd, regulated by FSC Mauritius. It does not acquire clients in the UK, and EU whereby registration is algorithmically blocked and not possible. Thus Axiory abides by regulatory requirements in these countries. Axiory also does not allow pre-KYC deposits, positively differentiating itself from many other offshore brokers. It offers leverage of up to 1:777. However, in Eu

April 19, 2022

Attention! Investor warning against crypto investment scam CalcusFX

The UK FCA issued a warning against the crypto investment scam CalcuxFX on 12 April 2022. A few days later, The Financial Commission, a private external dispute resolution (EDR) organization with Russian owners added the investment scam to its warning list. The decision was allegedly made upon reviewing CalcusFX's allegedly submitted application to become a member. The purported UK-registered operator CNG (Group) Limited has been sent into administration in March 2022. Stay away, save your money, data, and mental health.

Offshore Broker

April 17, 2022

Attention! FTechnics-powered offshore broker Agra Markets is new on the radar!

Agra Markets is a new offshore broker operating through Agra Markets LLC in St. Vincent & The Grenadines. The offshore entity was only incorporated in Nov 2021. On 29 Mar 2022, The Financial Commission (always a good place for unregulated offshore brokers) announced Agra Markets as a new member. The social media channels on Facebook, Instagram, or LinkedIn are currently not filled. Agra Markets is at the start. Be super careful with unregulated offshore brokers. You will most likely lose all your money.

Offshore Broker

April 17, 2022

The Financial Commission expels unregulated EGMarkets from membership!

The Financial Commission, a private external dispute resolution (EDR) organization for unregulated and regulated online brokers expelled the unregulated Nigerian broker Eagle Global Markets a/k/a EGMarkets from the membership in the organization. Allegedly, EGMarkets breached contractual obligations and did not pay its membership fees. Consequently, EGMarkets clients will not be eligible for reimbursement from The Financial Commission’s compensation fu

FSA SVG

April 6, 2022

The Financial Commission member Opoforex continues it illegal activities in Europe!

Two weeks ago, we issued a warning against the offshore broker scheme Opoforex, registered in St. Vincent & The Grenadines (SVG) in Feb 2021 by corporate builder Wilfred Services Ltd. The Financial Services Authority (FSA) VSG has clarified in Feb 2022 that it does not regulate or authorize forex or CFD brokers. Opoforex has no authorization to offer its services in Europe or other regulatory regimes but continues to solicit consumers. Stay away from Opoforex and other offshore brokers.

Despite New Crypto Friendlyness: No Settlement Between U.S. CFTC And KuCoin?

A planned settlement between the U.S.CFTC and crypto exchange KuCoin is now in limbo due to a reported policy shift within the CFTC. This change is attributed to the Trump administration’s new approach, which deprioritizes enforcement actions against crypto companies. As a result, a CFTC attorney said that it is "unlikely that such authorization will be granted in the near term" regarding the settlement approval.

SEC’s New Era: Paul Atkins Sworn In—Will Crypto Finally Get the Regulatory Clarity It Deserves?

The U.S. Securities and Exchange Commission (SEC) has entered a new chapter with the swearing-in of Paul S. Atkins as its 34th Chairman, a move widely anticipated to mark a dramatic pivot in how the agency approaches crypto and DeFi regulation. For years, the financial industry—especially the burgeoning digital asset sector—has bristled under the SEC’s “Regulation by Enforcement” strategy.

Crypto Mogul Changpeng Zhao – Fallen, Rich, and Rising Again?

As spring 2025 blooms and Easter’s themes of rebirth fill the air, Changpeng Zhao emerges as one of the most controversial figures of startup mythology: a man who fell spectacularly, paid a price—then rose again, wealthier and louder than ever. Once the almighty architect of Binance, CZ now resides in Dubai with a net worth that Forbes estimates at $63 billion.

Prison Update: Sam Bankman-Fried Transferred to Low-Security Federal Prison in Los Angeles!

Sam Bankman-Fried (SBF), the founder of the now-defunct cryptocurrency exchange FTX, has been transferred to the Federal Correctional Institution (FCI) Terminal Island in Los Angeles, California. This low-security facility is known for housing non-violent offenders and has previously held notable inmates such as Ramesh "Sunny" Balwani, former COO of Theranos.

Startup on Trial: Celsius Network and Alex Mashinsky – When Deception Dressed Up as DeFi Innovation!

Celsius Network promised financial freedom through crypto, only to collapse into one of the most catastrophic failures in the DeFi sector. Founder Alex Mashinsky portrayed himself as the champion of the unbanked—yet behind the scenes, Celsius engaged in reckless trading strategies, misled customers, and operated more like a hedge fund than a lending platform.