FxGecko last week released a warning list of high-risk trading platforms that have recently been the subject of investor complaints, and some investors recently exposed TrendinGap, Speedexcapital, and Bittree as scams in the comments section.

After checking, FxGecko data shows that TrendinGap, Speedexcapital, Bittree all have the following 4 high-risk signals, beware!

▶Extremely low score: TrendinGap, Speedexcapital, and Bittree all have FxGecko scores of no more than 3.

▶Unregulated: TrendinGap, Speedexcapital, and Bittree all have no valid regulatory or licensing information.

▶Almost anonymous: Currently, Bittree's website is inaccessible and its clients' accounts have been cancelled and cannot be withdrawn; neither TrendinGap nor Speedexcapital's websites disclose the name of the company they belong to, registration information, and other details.

▶Newly created: Speedexcapital, Bittree, and TrendinGap's websites were created on: 01/31/2023, 12/20/2022, and 10/20/2022, respectively, all of which are high-risk new platforms.

The above high-risk signals mean that your money and personal information will not be safe when you trade with such low-score, anonymous and unregulated trading platforms.

And because the background and operations of such anonymous platforms cannot be easily verified, victims will have a hard time recovering lost funds.

Reminder 1: When you are choosing a forex broker or other trading platform, be sure to do your due diligence. You can check the trading platform's regulatory license, ratings, customer complaints, customer reputation, risk tips and other information on the FxGecko APP. Avoid trading platforms with low ratings, unregulated, and poor customer reputation.

If you are a victim of a scam, click here to see what to do after being scammed.

Reminder 2: Don't trust individuals or organisations who claim to be able to get your money back - they may be selling hope and scamming you again. This is especially true if they ask you to pay in advance, which is a "recovery scam".

FxGecko advises that you should always be cautious when you come across investment opportunities that promise high returns with little or no risk. These are likely to be scams.

You should "ask, check and confirm" before investing.

You can check information about brokers worldwide on FxGecko APP and also complain about any problematic brokers to seek solutions or expose scam brokers.