EuroFX broker details:
| Broker status: | Unregulated Offshore Company |
| Regulated by: | Unlicensed brokerage |
| Scammers Websites: | www.eurofx.trade, www.eurofx.cc, www.eurofx.com |
| Blacklisted as a Scam by: | FCA, CNMV, FSMA, CONSOB |
| Owned by: | Donnybrook Consulting Ltd |
| Headquarters Country: | UK / Mauritius |
| Foundation year: | 2017 |
| Supported Platforms: | MT4 |
| Minimum Deposit: | $250 |
| Cryptocurrencies: | Available |
| Types of Assets: | FX, commodities, indices, shares, cryptocurrencies |
| Maximum Leverage: | 1:100 |
| Free Demo Account: | No |
| Accepts US clients: | No |
Since we already know Donnybrook Consulting Ltd, we know it has no regulations whatsoever. Despite false claims that EuroFX has been regulated by the UK FCA and FSC of Mauritius, none of these allegations is true. Moreover, the UK FCA issued an official warning announcing that EuroFX is an unregulated scam you shouldn’t trust.
As mentioned, the FCA published an official warning back in 2017, stating that EuroFX operates illegally.
Since the broker changed its domain, other regulators have noticed it and joined the warning.
We have an official statement from the Italian CONSOB about the EuroFX scam. Another warning came from Spanish CNMV. And for the end, Belgium FSMA followed all of the above and issued a warning itself.
Therefore, there’s no security of the funds nor a compensation fund we can talk about. All you can do is file a dispute and request a chargeback if you ever have any issues with this fraudulent company.
The broker’s website is not active, so there is not much information.
I found several warnings from financial regulators that this company is a scammer.
I think this data will be enough to understand that this was another dirty scheme of Donnybrook Consulting Ltd.
If you have lost money with this broker, this is not the end. Fight for your capital! Don’t leave scammers like this unpunished. Fill out the form at the end of this article and get a free consultation.
Another broker who stopped its activities and scammed its customers.
| Broker name | Energy Markets |
| Country | Dominica |
| Regulation | No |
| Minimum Deposit | $500 |
| Leverage | 1:200 |
| Trading platforms | MT4 |
| Available assets | forex, commodities, indices, stocks |
| Website | www.energy-markets.io |
It is enough to read traders’ reviews about Energy Markets as soon as it becomes clear that it is just another fraud scheme:
Before you start trading, carefully check the reputation of the broker and make sure your money will be safe.
| Broker status: | Offshore Broker |
| Regulated by: | Unregulated brokerage |
| Scammers Websites: | www.orbitrade.io |
| Blacklisted as a Scam by: | CNMV, CONSOB, FSMA, DFSA, LB |
| Owned by: | Donnybrook Consulting Ltd |
| Headquarters Country: | Commonwealth of Dominica |
| Foundation year: | 2020 |
| Supported Platforms: | Web trader |
| Minimum Deposit: | $250 |
| Cryptocurrencies: | No |
| Types of Assets: | FX, commodities, indices, shares |
| Maximum Leverage: | 1:100 |
| Free Demo Account: | No |
| Accepts US clients: | No |
As we already mentioned, DonnyBrook Consulting Ltd, the company owner behind OrbiTrade, has its own reputation. It was warned many times by different regulatory bodies for different brands.
As you have already realized all the brokers that were managed by Donnybrook Consulting Ltd operate under the same scheme:
They attract clients with paid advertising, then when a young trader makes a deposit employees of Donnybrook Consulting Ltd call and persuade them to invest more money. After more and more traders try to get their money back – the broker deletes the site and opens a new site and so on in a round.
Be very careful and trust only brokers with good reputations, such as FXTM.
This website is also managed by Donnybrook Consulting Ltd.
I think all the information I wrote above will be enough to understand that you should not trust Neo Trade broker.
I hope this big review was useful to you and now you know how to check a broker before you start trading with it. I wish you the best of luck in investing.
Investing is your successful future, be as careful as possible!
Good luck)
We are “Funds Recovery” an international company, specializing in the recovery of funds from fraudulent online activities, with a global and diverse international client base throughout North and South America, Europe, Africa, Asia and Oceania.
We are “Funds Recovery” an international company, specializing in the recovery of funds from fraudulent online activities, with a global and diverse international client base throughout North and South America, Europe, Africa, Asia and Oceania.
We are “Funds Recovery” an international company, specializing in the recovery of funds from fraudulent online activities, with a global and diverse international client base throughout North and South America, Europe, Africa, Asia and Oceania.
We are “Funds Recovery” an international company, specializing in the recovery of funds from fraudulent online activities, with a global and diverse international client base throughout North and South America, Europe, Africa, Asia and Oceania.