Over the last couple of weeks, FinTelegram has reported extensively about the illegal broker scheme XTraderFX. The UK watchdog FCA has issued several warnings against XTraderFX as a trading style of GPay Ltd. The illegal broker closed down both its sites xtraderfx.com and xtraderfx.net. FinTelegram has warned several times already before the Bulgarian broker scheme around E&G Bulgaria and GPay Ltd.
File Your Clai And Report Activities
Illegally operating broker schemes and their boiler rooms are part of fast-growing global cybercrime activities. Millions of investors are defrauded by those broker sites losing billions of euros every year. Hence, it is important to warn investors of such illicit sites. If you are a victim of an illegally operating broker site such as EasyTrade, Option888,