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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 |
Choose Brokers Wisely—Trade Smarter with WikiFX
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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.
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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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Are FXCL officials calling you to make you a customer by promising a magical profit number? Stop! These officials follow this route to onboard customers and make them deposit at regular intervals. However, when you wish to withdraw, the officials will deny your request. This is nothing but a strong indicator of a scam forex broker. In this article, we will expose the wrongdoings of this Botswana-based broker.
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