FCA-Regulated Forex Brokers Are Declining — 31 Platforms to Avoid
As of December 1, 2025, a total of 105 companies in the United Kingdom held CFD licences.
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:WikiTrade is hosting a demo trading competition for both new and experienced traders. This competition provides an opportunity to test your skills and try out new strategies before engaging in real-money trading.

Users can choose to log in either “Using Phone Number or Email” or “Continue with WikiFX.”
1.On the client's homepage, click “Open Account” to access the account opening interface. Click “Demo ” to complete the account registration and login process.


1.Click “Phone Number or Email” , fill in “Phone number”, click “Next”. Receive a verification code for your cell phone. Fill in the “Verification Code” to complete the login.



1.Registration must be completed before logging in.
Click “Register” to access the registration page. Check “By continuing,you agree to our User Agreement and confirm you have read our Privacy Policy.” Click “Use Email.”




Fill in the “password” and “Phone number”, click “Next” to complete the login.
Click “Continue via WikiFX” , Click “Authorize and Log In” to complete the login.


After logging in, automatically go to the homepage.
1.Click “Open Account” to access the account opening interface.
2.Click “Demo” carefully read the risk warning, check “I have read and agreed to the ‘IAP Service Agreement’ ” and click “Next.”




3.Enter the simulated trading account opening interface, and choose a trading platform for binding

Select the appropriate mode and click “Next”. Click “Go to Trade” to start the demo contest.


To participate in the activity, reset the simulated account first before reopening the account and selecting a trading platform.
1.On the app homepage, click the top-right corner “Switch Accounts.” and select “Demo Account.”


2.On the app homepage, click the top-left corner “Avatar” to enter the personal center. Click “Preference Settings.”


3.Click “Cancel the demo account” . Carefully read the reset account instructions, click “Reset Account,” and reset successfully. Then, you can reopen the account (refer to the steps for the initial account opening).


First-time Connection:
After entering the app, click “Open Account,” and choose to “Connect MT4 account”.

2. Select Server & Search for Server.

3. Enter MT4 Account & Enter MT4 Password.

4. Successfully connect and return to the homepage

Adding Additional MT4 Accounts:
On the homepage, click the account switch button, select the MT4 account page, and click “Add New Account.”

2. Select Server & Search for Server.

3. Enter MT4 Account & Enter MT4 Password.

4. Successfully connect and return to the homepage


Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

As of December 1, 2025, a total of 105 companies in the United Kingdom held CFD licences.

BotBro is a Dubai-based forex broker that has continued to grab headlines for years, with its name being involved in one scam after another. In the latest episode, its name was found in the alleged INR 800 crore forex and crypto trading scam in Goa. Top-level agencies, including the Enforcement Directorate (ED), are investigating the case. They have labeled the platform as a Ponzi scheme. The platform is disguised as an AI-powered forex trading app. In connection with this case, the Goa Police Economic Offences Cell (EOC) filed a First Information Report (FIR) against 10 individuals, including the company owner, Lavish Chaudhary Alias Nawab Ali, for fund misappropriation worth over INR 7.3 crore. Read on as we share the BotBro review in this article.

In what would lift the mood of rupee derivative traders, the Reserve Bank of India (RBI) partially lifted some restrictions on rupee derivative trades imposed by the regulator on April 1, 2026. On this day, the central bank prevented banks from issuing non-deliverable forwards to clients and barred companies from reassessing forward contracts as part of its strategy to counter arbitrage trades, which caused fluctuations in the rupee’s exchange rate. The central bank further prevented banks from signing FX derivative contracts involving the rupee with their associated parties. Read on!

Overview: A comprehensive investigation into the alleged scam case involving forex broker SixFX (Six Global Markets Ltd) in Indonesia. Explore an exclusive interview with an Indonesian victim, WikiFX’s review, and the latest user complaint evidence from 2026.