The Central Bank of Ireland (CBI), which also serves as a financial services supervisor, issued a warning against Trade Capital. According to CBI’s official notice, this forex and CFD broker has been offering financial services and/or investment advice to the Irish investors without being authorised.
The Central Bank of Ireland (Irish: Banc Ceannais na hÉireann) is Ireland's central bank, and as such part of the European System of Central Banks (ESCB). It is Ireland's financial services regulator for most categories of financial firms. The Central Bank of Ireland serves the public interest by safeguarding monetary and financial stability and by working to ensure that the financial system operates in the best interests of consumers and the wider economy.
The CBI also keeps a register of regulated companies and anyone can check whether a certain forex broker is licensed in the country or not. Besides, the CBI regularly publishes official warnings of unregulated companies that target local investors.

Trade Capital is a Forex and CFDs broker that operates through the website www.tradecapital.com. The company is owned and managed by Trade Capital Investments LLC. that claims to be based in Geneve, Switzerland. However, there is no information about this broker on the website of the Swiss regulator FINMA. Moreover, the regulator has issued a warning against Trade Capital in September this year.
The website supports English, German, Italian and Spanish languages and provides contact number with British, Swiss and German phone codes. We suppose the broker is targeting residents of these countries and doing it without authorization. There are, also, lots of negative reviews from those who have already invested with Trade Capital.
Considering all the mentioned facts, Trade Capital cannot be trusted and might be one more fraud company. Instead, we recommend investing only with the brokers regulated with well-known reliable authorities, such as the Financial Conduct Authority in the United Kingdom.
You can read our review on this broker here.

Spain’s financial markets regulator, CNMV, has warned of Forex broker FXNobels. According to the official notice on CNMV’s website, this entity is not registered in the corresponding registry of the commission and, therefore, are not authorized to provide investment services.

The National Securities Market Commission (often abbreviated as CNMV) is the Spanish government agency responsible for the financial regulation of the securities markets in Spain. It is an independent agency that falls under the Ministry of Economy, Industry, and Competitiveness.

FXNobels specializes in Forex, Stocks and Cryptocurrencies trading and operates through the website www.fxnobels.com. The company doesn't disclose any information about the company behind the brand's name as well as its regulation, which makes us think FXNobels is not regulated at all. According to the website, the broker is located in Malta, however, there is a warning against this broker from the Maltese regulator Financial Services Authority, stating that FXNobels purports to operate from an address in Malta, the regulator confirms that this is not the case.

To add up, we have found numerous negative reviews from FXNobels customers on the net. People state that they cannot get their money back and the company refuses to provide any kind of help.

When choosing a new Forex broker, it is very important to verify that they are in fact licensed for investors from your country of residence. Trading with a licensed broker ensures you will not have issues withdrawing your investment. The most trustworthy brokers are those registered with such regulators as FCA in the United Kingdom and ASIC in Australia. You can read our review on this broker here.

Hong Kong’s Securities and Futures Commission (SFC) has published a warning against the forex broker Xiaohangjia Brokers.  (SFC) of Hong Kong is the independent statutory body charged with regulating the securities and futures markets in Hong Kong. The SFC is responsible for fostering an orderly securities and futures markets, to protect investors and to help promote Hong Kong as an international financial center and a key financial market in China. According to the regulator, the owner of the brokerage Xiaohangjia Futures Limited, is falsely claiming to be located at an address in Hong Kong. Furthermore, SFC notes, unlicensed entities often use names similar to legitimate companies to confuse investors. The broker's website gives the regulatory information of the company and that it is licensed in Vanuatu with Vanuatu Financial Services Commission. They even provide the scanned copies of the license and certificate. Even though the broker is licensed in Vanuatu, it still has no rights to reach our people in China without having an SFC license. Also, it is better not to deal with the brokers who have offshore registrations as there is a chance the investor will not see it's money ever again. As a general rule, unregulated brokers or ones making false claims, are to be avoided, as often they are a scam. It is better to deal with reputable and properly regulated brokers, like the ones supervised by the FCA or ASIC. You can read our review on this broker here.

Italy’s financial markets and services provider regulator CONSOB (Commissione Nazionale per le Società e la Borsa) has updated its list of forex brokers who are not licensed to operate in Italy. Traderia and InstaFx24 are happened to get into the list. These firms have been offering investment services and activities to the Italian public without being authorized in the country.

Commissione Nazionale per le Società e la Borsa (CONSOB; Italian Companies and Exchange Commission) is the Italian governmental authority responsible for regulating the Italian securities market. The regulator is also responsible for the Italian stock exchange, the Borsa Italiana.

These two brokers have a lot in common. They both are registered offshore and both claim to be located in the UK. However there are no mentions about either of the companies in the FCA's register. And also both of them do not fall under the regulatory of any agency.

Are these brokers legit?

InstaFx24 is an offshore Forex broker registered in the Marshall Islands. The company holds the name of the well-known and regulated broker InstaForex, however, there is no actual connection between these two brands. In addition, InstaFx24 has been blacklisted in Austria and the UK by the local regulators. Before dealing with this broker, check our full InstaFx24 review. 

As to the Traderia, this offshore broker is registered in St. Vincent and the Grenadine and claims to be the leading Forex and CFDs broker. This broker has also gotten in the FCA's warning list in addition to the warning from the Spain's regulator CNMV. You can check our full Traderia review here. 

Investing with a properly regulated broker is crucial for the safety of any investment. You can choose among Swiss brokers regulated by FINMA or those authorized in the UK by its FCA.

Also, you can share your trading experience with Traderia and InstaFx24 by commenting on this post. 

UK’s Financial Conduct Authority (FCA) has published a warning against the forex and CFD broker Ostrich Capital. A broker has been targeting UK citizens, claiming to be authorized by FCA, while actually, it is not. The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by charging fees to members of the financial services industry. The FCA regulates financial firms providing services to consumers and maintains the integrity of the financial markets in the United Kingdom. Ostrich Capital operates through the website www.ostrichcapital.com and provides Forex and CFD trading. The broker is owned by Venture Gravity LTD and based in London, United Kingdom. However, the broker is not authorized with the UK’s FCA. Without proper authorization, there is no way for regulators to protect investors from fraudulent activity, due to a lack of monitoring by any governing body to ensure that proper practices are being adhered to by the companies. Also, the clients of the company keep on leaving negative reviews on the web about aggressive and arrogant employees who refuse to release their money when clients request it. Overall, we don’t recommend this broker due to the lack of financial regulation. All brokers licensed by UK’s Financial Conduct Authority are under the umbrella of the Financial Services Compensation Scheme (FSCS), which can pay up to £50,000 per client. Unlike FCA-licensed brokers, unregulated ones are not obliged to keep their clients’ money in segregated accounts. You can read our review on this broker here.