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Indian Investor Alert: The 100 Most Dangerous Brokers of 2025 You Need to Avoid
Abstract：Amid the relentless drive for profit and the looming risk of fraud, the truth must be brought to light. This report offers a direct and informative overview of the most dangerous brokers identified between 1st May and May 12, 2025, 2025, as determined by WikiFX investigations and user-submitted complaints.
Amid the relentless drive for profit and the looming risk of fraud, the truth must be brought to light. This report offers a direct and informative overview of the most dangerous brokers identified between 1st May and May 12, 2025, 2025, as determined by WikiFX investigations and user-submitted complaints.
Most Dangerous Brokers of 2025
| Broker Name | ID | Broker Link | Alert Level | Publication Date | Article Link |
Mether World | 1738837656 | Check Mether World | High | 14 May 2025 | Read Article |
LiteForex | 6821266314 | Check LiteForex | High | 14 May 2025 | Read Article |
Equiti | 9641202830 | Check Equiti | High | 13 May 2025 | Read Article |
WELTRADE | 9161578493 | Check WELTRADE | High | 13 May 2025 | Read Article |
INGOT BROKERS | 2801529700 | Check INGOT BROKERS | High | 14 May 2025 | Read Article |
IQ Option | 9941528702 | Check IQ Option | High | 7 May 2025 | Read Article |
Vebson | 2225336662 | Check Vebson | High | 2 May 2025 | Read Article |
iFourX | 1932729994 | Check iFourX | High | 2 May 2025 | Read Article |
Duhani Capital | 1686283895 | Check Duhani Capital | High | 1 May 2025 | Read Article |
Alieus Capital | 1321200043 | Check Alieus Capital | High | 1 May 2025 | Read Article |
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About WikiFX:
WikiFX is the world's leading platform for evaluating and verifying forex brokers. With a database of over 60,000 brokerage firms, WikiFX empowers traders by providing accurate license verification, regulatory insights, and user-generated complaint data. Whether you're a beginner or a seasoned trader, WikiFX helps ensure that the firm you trade with is legitimate, transparent, and compliant—minimizing your exposure to risk and fraud.
Dont leave your investments to chance. Check before you trade.
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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.
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The 5%ers Review: Is it a Scam or Legit? Find Out from These Trader Comments
Did you face reduced leverage and hiked fees without any explanation from The 5%ers broker? Do you find The 5%er rules strange for getting a funded account from this prop trading firm? Has the broker closed your trade inappropriately, preventing you from making gains in the forex market? All these allegations have dominated The 5%ers review segment online. Looking at this, the WikiFX team investigated and found some startling comments against the broker. In this article, we have shared those complaints. Read on!
Original 9h
BROKSTOCK Exposed: Traders Report Login Errors, Withdrawal Issues & Incompetent Customer Support
Is your BROKSTOCK trading account full of inefficiencies? Do the recurrent BROKSTOCK login errors prevent you from opening and shorting positions at a favorable price? Has the broker failed to honor your withdrawal requests? Do you face order execution price issues? Has the customer support service failed to resolve your queries? You are not alone! In this BROKSTOCK review article, we have shared some complaints that need a close introspection. Read on to explore them.
Original 10h
OmegaPro Review: Traders Flood Comment Sections with Withdrawal Denials & Scam Complaints
Has your deposit and withdrawal scenario worsened after the initial good experience at OmegaPro, a UK-based forex broker? Does the broker ask you to invest when withdrawing your funds? Did the broker officials trap you with their false promises of compound interest on your deposit? Have you found it impossible to transfer funds from your OmegaPro login to another broker’s account? Do you witness a lack of support when dealing with these unfortunate trading circumstances? These are no longer isolated complaints — they have allegedly become the reason for OmegaPro’s tarnished trust and reputation within the trading community. Read on as we share the OmegaPro review in this article.
Original 12h
Inzo Broker Review 2025: A Complete Look at Features, Costs and User Claims
Inzo Broker presents itself as a modern forex and CFD broker, started in 2021 and registered in Saint Vincent and the Grenadines. At first glance, it offers an attractive package for traders: access to the popular MetaTrader 5 (MT5) and cTrader platforms, different types of accounts for various budget levels, and a wide selection of assets to trade. These features are made to attract both new and experienced traders. However, a closer look shows a big difference between these advertised benefits and the real risks. The broker works under an offshore regulatory system, which gives limited protection to investors. More importantly, Inzo has collected many serious user complaints, especially about withdrawing funds and changing trading conditions unfairly. This mix of weak oversight and serious user claims creates a high-risk situation that potential clients must carefully think about. This review will break down these parts to give a clear, fact-based view.
Original 12h
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