List of unauthorized forex trading apps and websites - RBI

Friends, recently the Reserve Bank of India has released a list of 34 forex brokers; which has been declared illegal.
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https://preview.redd.it/dc1l0ca388o91.jpg?width=637&format=pjpg&auto=webp&s=1a865302fede2fd22985b27c767481ecb4219204
Before releasing this list, RBI had done all checks regarding all transactions of all those forex brokers since February this year. Maybe this doesn't matter to you; Nevertheless, you should definitely check this list once.
So see if your forex broker is not on this list!
👉 Here's a full list of unauthorized forex trading apps and websites

1. Alpari
2. AnyFX
3. Ava Trade
4. Binomo
5. e Toro
6. Exness
7. Expert Option
8. FBS
9. FinFxPro
10. Forex.com
11. Forex4money
12. Foxorex
13. FTMO
14. FVP Trade
15. FXPrimus
16. FXStreet
17. FXCm
18. FxNice
19. FXTM
20. HotFores
21. ibell Markets
22. IC Markets
23. iFOREX
24. IG Markets
25. IQ Option
26. NTS Forex Trading
27. Octa FX
28. Olymp Trade
29. TD Ameritrade
30. TP Global FX
31. Trade Sight FX
32. Urban Forex
33. Xm
34. XTB

Thanks for Reading.
Please share your take on this.

I dont defend this douche guy, he deserve it for being an @sshole.
Tapi ada yang punya kronologi jelasnya dia sebenarnya ngapain sebagai affliator binomo? Gua cari di berita isinya di luar konteks dan isinya "diduga" dan ga jelasin kronologi urutannya sampe urusan pacarnya segala.
Ada yang bilang dia sebagai affliator meraup uang loss pemainnya. Gua ga ngerti soal app binomo tapi apa itu hasil loss bisa connect ke "kantong" dia? Apa dia jadi agen perantara ketiga macam judi bola?
Does binomo even legal? I mean its legal in India. Dan konsepnya nyambung ke forex kan?
Gua cuman pengen tahu aja ginian, bahkan telegram grup mayoritas kalangan "investor" begitu kan disangka tempat chat teroris dulu kan dan terus disuruh uninstall. I have trust issues because massive of propraganda we are facing rn.

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Gak bisa dipungkiri sepanjang tahun 2020-2021 banyak orang memulai investasinya karena influence sosial media. Beruntung bagi yang memulai investasinya lebih awal dan agak celaka bagi yang mulai investasinya di akhir-akhir tanpa tau konsekuensinya. Banyak kasus orang beli saham pake pinjol. Beli BTC, Altcoin pake utangan, uang arisan, bahkan sumbangan gereja.
my advice for you yang kena FOMO:
Miner musiman: Ketika crypto turun drastis di Januari-Februari 2022. Segera jual alat miningmu karena kamu harus menunggu 2024 untuk bisa panen. Karena ketika kamu beli mining rig sekarang harganya sudah naik berkali-kali lipat dari harga wajarnya. Perhitungkan kembali listrik yang harus kamu keluarkan, Gak BEP istilahnya. Contoh nyata Founder Rekeningku yang boncos bertahun-tahun karena nutupin biaya listrik dan beli mining rig kemahalan, baru panen akhir2 ini.
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Robot trading: Royal Q , Forex dll. Robot trading is scam, jauhi sekarang sebelum terlambat. Janji manis seller Royal Q dan robot forex profit konisten itu gak ada buktinya 100% scam. Kisah nyata banyak yg bunuh diri karena tiba-tiba assetnya hilang diaveraging oleh robot. Jangan sampai kamu jadi korbannya
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Trader Binomo, Binary option: Kamu yang baru memulai binary option, inilah saatnya dirimu keluar dari sistem jahat Judi 2.0 mungkin diawal kamu akan merasakan profit namun lama kelamaan akan susah dan tiba-tiba akun tersuspen tanpa sebab. Jelakanya gak ada yg bisa jamin akunmu balik karena Binomo dan lainnya jelas ilegal di Indonesia sehingga penyedia layanan tidak diketahui siapa.
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Trader Saham musiman via signal telegram : Saham ada bull market dan bearish market, lengkapi dirimu dengan FA dan TA tambah bandarmology juga. Investing stock is about your move, bukan orang lain. Jadi pastikan semua keputusan investasi kamu yang buat bukan orang lain.
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Trader Crypto: Bear market is coming, we need to understand what crypto still alive for next 4 Years(next halving) DCA still the best strategy for you. We will face the second Bull Run but dont fall for it to much, cause second bull run means next winter season.
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note: I hope yall getting more profit and healthy. May the Force be with you

A Forex buying and selling internet site will play an essential function if you need to begin an online enterprise trading currency in the market. That's due to binomo web the fact the Forex market internet site maybe your on a spot source of assist and information to realize extra approximately the Forex market and a way to benefit from it.
There are distinct styles of Forex trading websites. You have to recognize the differences among those websites so that you could have a simpler time finding the facts you want.

News Link: https://www.globenewswire.com/news-release/2021/08/26/2287147/0/en/Life-Clips-Closes-Belfrics-Group-Acquisition.html
Acquisition provides entry into high growth global blockchain, cryptocurrency, and forex market
AVENTURA, Fla. and DUBAI, United Arab Emirates, Aug. 26, 2021 (GLOBE NEWSWIRE) -- Life Clips, Inc. (OTC Pink: LCLP) (the “Company”), Life Clips is pleased to announce it has closed on its previously announced acquisition of Belfrics Group, a global blockchain technology firm that runs cryptocurrency exchanges on its proprietary platform. The acquisition includes Belfrics operations in Malaysia, Singapore, India, Kenya, Tanzania, Nigeria, and Bahrain, Belfrics CEO and Founder, Praveen Kumar, will remain the CEO of Belfrics, while Robert Grinberg will serve as CEO of Life Clips.
Life Clips CEO, Robert Grinberg, said "We are very excited to close our acquisition of Belfrics group and look forward to building a company that will be meaningful in the industry. I will be traveling to Dubai this week and look forward to discussing our strategic plan with Belfrics Group's key personnel, as well as meeting with investors." Mr. Grinberg continued, "We believe this acquisition represents a tremendous opportunity for our shareholders. As a result of our great working relationship with the Belfrics team, we were able to close ahead of schedule and discuss many new opportunities."
Visit our corporate website at www.lifeclips.com.

News Link: https://www.globenewswire.com/news-release/2021/08/19/2283475/0/en/Belfrics-To-Make-Crypto-Derivatives-and-Forex-Available-on-Their-Platform.html
Belfrics To Go Live September 2021 with Leveraged Forex Instruments and Crypto Derivative Contracts; Looks to Achieve Over $2 Billion in Monthly Volumes Before End of 2021
AVENTURA, Fla., Aug. 19, 2021 (GLOBE NEWSWIRE) -- Life Clips, Inc. (OTC Pink: LCLP) (“Life Clips”) and Belfrics Group (“Belfrics”) announced today that Belfrics International Limited (Labuan) Malaysia, which holds a money broker license from Labuan Financial Services Authority, will be offering leveraged FOREX instruments and crypto derivative contracts starting in September 2021. With Both the CEOs of Belfrics and Life Clips having in-depth experience in trading markets, traders can expect innovative products and optimal trading conditions through Belfrics trading platforms.
Robert Grinberg, CEO and President of Life Clips, Inc. said, “Belfrics International's plan to introduce leveraged FOREX instruments and crypto derivative contracts to its clients comes on the heels of the news that the Securities Commission (SC) Malaysia has served a public reprimand against Binance, calling for it and all of its entities to cease operations in the country.”
Belfrics CEO and Founder, Praveen Kumar said, “As lucrative as the Forex Market is, the Crypto Derivative market is ripe with opportunity, with few players in the space as of yet. This will allow us to take significant market share in the space. Having the ability to provide this on our platform puts us light-speed ahead of many other competitors.”
The Foreign Exchange (“FX”) industry commands a daily traded volume of more than $6 trillion and is the largest traded asset class. Crypto derivative volume in June was $3.2 trillion as against the spot market volume of $2.7 trillion, according to a monthly report by CryptoCompare.
In order to ensure a seamless trading environment, Belfrics has partnered with Hybrid Solutions, a leading derivative trading platform provider, to use their Vertexfx platform for trading leveraged products. Vertexfx platform has been serving forex brokers since 2002 and has advanced plugins that cater to all types of traders. The collaboration with Hybrid solutions is a strategic move to onboard industry leaders to ensure a high quality trading experience as trading volumes increase. With desktop, web, iOS and Android platforms available, traders will be able to deploy advanced money management tools, copy trading, and auto trading strategies using the VertexFX platform plugins.
Mr. Kumar concludes, “In my previous experience managing other institutions, I was in charge of launching commodity contracts and providing liquidity solutions for retail and institutional Forex, as well as commodity brokers in many regions. A large number of brokers are waiting for us to start the liquidity solution for forex and crypto assets. These are pockets of high-volume institutional flows, in which we intend to establish our dominance in the near future.”

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