Regulators from Cyprus, Germany and Australia have warned against unregulated brokers and a trading system.
The CySEC from Cyprus has warned that Capital Swiss FX and Expert FX Trade are unregulated brokers that have copied some elements from BDSwiss but have nothing in common with that company.
The BaFin from Germany has warned that Top Algo Trade is an unregulated trading service. We have already warned in the past that Top Algo Trade is a scam.
And finally, the ASIC from Australia has warned that 4XFX is an unregulated broker, it has no authorization to provide investment services.
For trading use regulated brokers.