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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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Online Investment Platforms That Are Bad Trading Advice and Tips

Ftuk Review 2025 – Is This Prop Firm Legit or Risky?

Errolle Collins November 3, 2025 No Comments

Ftuk has gained significant attention among traders looking for funded account opportunities. Marketed as a U.S.-based proprietary trading firm, it claims to offer instant funding programs and a chance for…

Online Investment Platforms That Are Bad Trading Advice and Tips

HeroFX Review – Is HeroFX Legit or a Scam?

Errolle Collins October 28, 2025 No Comments

HeroFX is a broker that many traders are curious about, especially given its low minimum deposit, funding options, and promise of access to scaled-up capital. In this review of the…

Broker News Online Investment Platforms That Are Bad Trading Advice and Tips

Vital Markets Ceases Operations Amid Withdrawal Uncertainty

Errolle Collins October 26, 2025 No Comments

Vital Markets is an offshore broker based in Saint Lucia. The brokerage is apparently operated by a company called Vital Markets Ltd, supposedly with the registration number #2023-00341. Like KOT4X,…

Online Investment Platforms That Are Bad Trading Advice and Tips

Kot4x Review – Unmasking the Truth Behind This Offshore Broker

Errolle Collins October 24, 2025 No Comments

Kot4x claims to be an online forex and funding broker that provides traders with capital to trade after passing a funding challenge. This purported broker has drawn both positive and…

Broker News Online Investment Platforms That Are Bad Trading Advice and Tips

FBI Scam List 2025: 42K Phishing Domains Released!!!

Errolle Collins October 22, 2025 No Comments

Online scams continue to evolve, targeting millions of unsuspecting users every year. The FBI scam list is one of the most trusted tools available to the public for identifying domains…

Trading Advice and Tips

Broker License Checker: Verify Your Forex Broker’s License

Errolle Collins October 20, 2025 No Comments

Broker license verification is one of the most critical steps any trader should take before investing with a forex broker. Shady brokers are becoming bolder as time goes on, increasingly…

Online Investment Platforms That Are Bad Trading Advice and Tips

FXGlory Exposed: Offshore Origins, Mixed Signals, Real Risks

Errolle Collins October 13, 2025 No Comments

FXGlory login link: app.fxglory.com/auth/login Is FXGlory the right broker for you? Before answering the question, I’d like to inform you that this broker is not regulated by any top-tier financial…

Broker News Online Investment Platforms That Are Bad

Cryptex Scam Exposed: A Russian Exchange Cybercrime

Errolle Collins October 11, 2025 No Comments

Cryptex, cryptex.net, or cryptex.one, according to the US Office of Foreign Assets Control, was a cryptocurrency exchange notorious for supporting cybercriminals. The exchange facilitated their dubious activities by allowing them…

Trading Advice and Tips

Arbitrage Trading Explained and How to Avoid Scams

Errolle Collins September 30, 2025 No Comments

Arbitrage trading is a good strategy you can use to make the most out of financial markets’ inefficiencies. Investors buy at a lower price in one market and sell at…

Broker News Online Investment Platforms That Are Bad

Hashflare Scam Victims To Get Compensation

Errolle Collins September 24, 2025 No Comments

Hashflare, or hashflare.io, was one of the biggest cryptocurrency scams to ever rock the world. The scam unfolded mainly between 2015 and 2019, resulting in a loss of approximately $577…

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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