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Scam Reader

Your watchdog for spotting scam brokers and protecting your investments

Scam Reader

Your watchdog for spotting scam brokers and protecting your investments

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Broker News Trading Advice and Tips

SageFX Review 2026: Shutdown Warning & Fund Recovery Guide

Errolle Collins January 9, 2026 No Comments

Our 2026 SageFX investigation confirms the broker is officially insolvent. With its parent company, Seager Limited, annulled in the Marshall Islands and red-listed by the CFTC, traders must take immediate…

Top Forex Brokers Trading Advice and Tips

SuperFunded Exposed: Trader Safety Concerns

Errolle Collins January 5, 2026 No Comments

SuperFunded touts itself as a proprietary trading firm that will fund traders with up to $200k. While the company seems to have a positive reputation among Trustpilot users with an…

Top Forex Brokers Trading Advice and Tips

Blue Guardian Review: Is It Safe for Traders?

Errolle Collins January 3, 2026 No Comments

Blue Guardian is generally considered a legitimate offshore prop firm, as it has a documented history of processing payouts and maintains high-profile institutional partnerships. However, whether it is “safe” for…

Top Forex Brokers Trading Advice and Tips

E8 Markets Review: Legit Prop Firm or Scam?

Errolle Collins December 27, 2025 No Comments

E8 Markets is at the center of discussions about which prop trading firms are safe and which may be risky. The proprietary trading industry is currently going through one of…

Online Investment Platforms That Are Bad

Clarity Traders Review and Why This Prop Firm Could Be Risky

Errolle Collins December 16, 2025 No Comments

Clarity Traders poses as a proprietary trading firm supported by Tradelocker and Platform5, offering Challenge and Instant Funded accounts for traders worldwide. The firm claims to be registered as Clarity…

Online Investment Platforms That Are Bad Trading Advice and Tips

Goat Funded Trader Review and The Truth Behind the Hype

Errolle Collins December 8, 2025 No Comments

Goat Funded Trader presents itself as a prop trading firm, but a closer look at its setup reveals a few details that may leave potential users with questions. According to…

Broker News

FundingTraders Review – Is It a Bad Prop Firm?

Errolle Collins December 5, 2025 No Comments

FundingTraders has been gaining attention in the prop trading space, promising traders instant funding, generous profit splits, and flexible payout options. But behind the glossy marketing, does this firm truly…

Online Investment Platforms That Are Bad Trading Advice and Tips

Funderpro-Is It a Risky Prop Trading Firm?

Errolle Collins November 16, 2025 No Comments

FunderPro has recently become one of the most talked-about prop firms in the online trading space. It attracts both praise and criticism from traders searching for funded accounts, competitive challenges,…

Online Investment Platforms That Are Bad Trading Advice and Tips

OFP Funding Review – Is This Prop Firm Another Scam?

Errolle Collins November 11, 2025 No Comments

OFP Funding is supposedly a proprietary trading firm that allows traders to access capital and keep up to 100% of their trading profits, at least according to the company’s claims.…

Online Investment Platforms That Are Bad

Alpha Trader – Avoid This Potential Scam!

Errolle Collins November 5, 2025 No Comments

Alpha Trader appears to be either a scam or an extremely risky entity, one you should avoid like the plague. The company claims that its official website is alphatraderfirm.com, and…

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You Missed

Broker News Trading Advice and Tips

SageFX Review 2026: Shutdown Warning & Fund Recovery Guide

Top Forex Brokers Trading Advice and Tips

SuperFunded Exposed: Trader Safety Concerns

Top Forex Brokers Trading Advice and Tips

Blue Guardian Review: Is It Safe for Traders?

Top Forex Brokers Trading Advice and Tips

E8 Markets Review: Legit Prop Firm or Scam?

How We Rate Brokers

Expert Notice: ScamReader.info provides forensic broker analysis and recovery consultancy resources. We are an independent watchdog, not a law firm or a government agency. While we specialize in identifying fraudulent platforms and assisting in the reporting and recovery processes, financial recovery is not guaranteed and depends on the specific jurisdiction and nature of the loss. All evaluations are conducted under our proprietary 5-point verification methodology.

Scam Reader

Your watchdog for spotting scam brokers and protecting your investments