Three Critical Reasons ! WHY TO AVIOD THESE 3 BROKERS IN 2025

You can't be in the forex market with your eyes closed. Even when the market is closed, you still need to stay active and keep your eyes open. Thats the only way to stay safe in this dynamic, colossal market. Do you know about the three brokers you need to stay away from and why ?

1. Unregulated Brokers – A Big Risk

These brokers are unregulated. Being unlicensed is a major red flag. You should always choose a fully regulated broker. A partially regulated broker might still work, but going with an unlicensed one can be risky and harmful. Out of the three brokers we looked at, two are completely unlicensed, and the third is only offshore regulated — which is not a strong form of regulation.

2. Low Scores – A Warning Sign

Choosing a broker based on its score is a smart move. Its best to go with brokers that have a score of 7 or higher. High-scoring brokers are usually more trusted and reliable. But when we checked the scores of these brokers, the results were disappointing — all of them had low scores.

3. Negative Feedback – Real User Issues

Many users have shared negative reviews about these brokers. The most common complaint is that they are unable to withdraw their money. This is a serious issue and a clear sign that something is wrong.

RED FLAGS

1.BROKER NAME – Cabana Capital

REGULATION- NO REGULATION

WEBSITE-https://www.fxeyecn.com/en/dealer/3271798721.html

SCORE- 1.55 out of 10

WARNING- Low score, please stay away!

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

2. FN Markets

BROKER NAME – FN Markets

WEBSITE-https://www.fxeyecn.com/en/dealer/3008206970.html

REGULATION- NO REGULATION

SCORE- 1.09 out of 10

WARNING- Low score, please stay away!3

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

3. XPO Fund

BROKER NAME – XPOFund

WEBSITE--https://www.fxeyecn.com/en/dealer/1070818820.html

REGULATION- NO REGULATION

SCORE- 1.22 out of 10

WARNING- Low score, please stay away!3

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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A Broker You Can Rely On

Broker Name- GODO

Website - https://www.fxeyecn.com/en/dealer/1035446513.html

Address- HQ: 12th Floor, Standard Chartered Tower, Bank Street , Cybercity, Ebene, 72201, Mauritius

Phone- +23052556115

Email- cs@godocm.com

Regulation- Offshore Regulated (FSC) Mauritius

Trading Platform- GoDo Trader, MT4, MT5

Account Types- Cent, Standard, Islamic, Zero, Yield, Professional

Products- Forex, Metals, Indices, Oil, Stock, Futures

Deposit & Withdrawal Options - Bank transfers, credit/debit cards like Skrill and MasterCard, Neteller, etc.