107 Flagged Firms
68+ Regulators
73 Countries
Clear
Showing 1-50 of 107 results Page 1 of 3
Firm Name Regulator Type Country Date Source
Ark Capital Markets Financial Markets Authority Unregistered/Unlicensed entity offeri... NZL Nov 2025 View
Algo Edge Capital Markets Financial Conduct Authority Unregistered/Unlicensed entity offeri... GBR Oct 2025 View
APEX CAPITAL MARKETS Financial Conduct Authority Unregistered/Unlicensed entity offeri... GBR Aug 2025 View
Hall Capital Markets Alberta Securities Commission Unregistered/Unlicensed entity offeri... CAN May 2025 View
Sequoia Capital Markets Ontario Securities Commission Unregistered/Unlicensed entity offeri... CAN Apr 2025 View
HYCM CAPITAL MARKETS Comisión Nacional del Mercado de Valores Unregistered/Unlicensed entity offeri... ESP Mar 2025 View
Forex Capital Markets Comissão de Valores Mobiliários Unauthorised BRA View
Global Capital Markets Worldwide, GCM Finansinspektionen Unauthorised SWE View
Global Equities Capital Markets Financial Conduct Authority Unauthorised GBR View
Ava FX, Ava Financial Ltd. and Ava Capital Markets Ltd. British Columbia Securities Commission Unauthorised CAN View
Wellington Capital Markets Finansinspektionen Unauthorised SWE View
MMA Capital Markets Limited (also called MMA Forex & MMA FX) Central Bank of Ireland Unauthorised IRL View
Hemmington Capital Markets / Guangzhou Commodity Exchange, GZCOM Finansinspektionen Unauthorised SWE View
Hemmington Capital Markets Financial Market Authority Unauthorised AUT View
Pendulum Capital Markets Inc. Central Bank of Ireland Unauthorised IRL View
Clarity Capital Markets Securities and Futures Commission Unauthorised HKG View
Clarity Capital Markets Financial Conduct Authority Unauthorised GBR View
Capital Markets Financial Conduct Authority Unauthorised GBR View
Edge Capital Markets Financial Conduct Authority Unauthorised GBR View
Ava Capital Markets Financial Conduct Authority Unauthorised GBR View
Bulls Capital Markets Commission de Surveillance du Secteur Financier Unauthorised LUX View
FxGcmi, Global Capital Markets FX LLC or Global Capital Markets FX Ltd Malta Financial Services Authority Unauthorised MLT View
International Capital Markets The Dutch Authority for the Financial Markets Unauthorised NLD View
Hawk Trade, Saito Mergers & Acquisitions, White-Miller Associates and Global Strategy Capital Markets Ltd Financial Services and Markets Authority Unauthorised BEL View
Ashoka Capital Markets Commission de Surveillance du Secteur Financier Unauthorised LUX View
Capital Markets trading as MarketCT (clone of a FCA authorised firm) Financial Conduct Authority Unauthorised GBR View
Spot Capital Markets Ltd t/a Milano Trade Australian Securities and Investments Commission Unauthorised AUS View
CFD Capital Markets, SARL doing business as http://cfdcapmkt.com Ontario Securities Commission Unauthorised CAN View
Knight Capital Markets (clone) Financial Conduct Authority Unauthorised GBR View
RIDGE CAPITAL MARKETS Comisión Nacional del Mercado de Valores Unauthorised ESP View
Trade12, owned and operated by Exo Capital Markets Limited and Global Fin Services Ltd. British Columbia Securities Commission Unauthorised CAN View
FIRST INVESTMENTS CAPITAL MARKETS Comisión Nacional del Mercado de Valores Unauthorised ESP View
CFD Capital Markets British Columbia Securities Commission Unauthorised CAN View
CAPITAL MARKETS BANC Comisión Nacional del Mercado de Valores Unauthorised ESP View
EXO CAPITAL MARKETS LTD (TRADE 12) Comissão de Valores Mobiliários Unauthorised BRA View
Spot Capital Markets Ltd Polish Financial Supervision Authority Unauthorised POL View
EXO CAPITAL MARKETS LIMITED Comisión Nacional del Mercado de Valores Unauthorised ESP View
Continental Capital Markets Ltd (clone) Financial Conduct Authority Unauthorised GBR View
Exo Capital Markets, Instafx24, Marketier Holdings, InOut Capital LP Commissione Nazionale per le Società e la Borsa Unauthorised ITA View
JT CAPITAL MARKETS Financial Conduct Authority Unauthorised GBR View
European Capital Markets Ltd (clone of an FCA authorised firm) Financial Conduct Authority Unauthorised GBR View
Mira Capital Markets LTD Comisión Nacional del Mercado de Valores Unregistered/Unlicensed entity offeri... ESP View
Stanford Capital Markets Financial Conduct Authority Unregistered/Unlicensed entity offeri... GBR View
Infinity Capital Markets Financial Conduct Authority Unregistered/Unlicensed entity offeri... GBR View
Morgan Cowen Capital Markets The Dutch Authority for the Financial Markets Unregistered/Unlicensed entity offeri... NLD View
JT Capital Markets Swiss Financial Market Supervisory Authority Unregistered/Unlicensed entity offeri... CHE View
Stanford Capital Markets Swiss Financial Market Supervisory Authority Unregistered/Unlicensed entity offeri... CHE View
Shore Capital Markets / Shore Capital Markets UK Financial Conduct Authority Unregistered/Unlicensed entity offeri... GBR View
Morgan Cowen Capital Markets (www.morgan-cowen.com) Financial Services and Markets Authority Unregistered/Unlicensed entity offeri... BEL View
Pro Capital Markets Financial Conduct Authority Unregistered/Unlicensed entity offeri... GBR View

This data is sourced from IOSCO I-SCAN and official financial regulators. Inclusion in this list does not necessarily mean the firm has committed fraud - it may indicate they are not authorized to operate in a specific jurisdiction. Always verify with the relevant regulator before making investment decisions.