Global Broker Regulation Inquiry App
WikiFX
English
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
Public Alert: BaFin Investigates Unlicensed FX Broker Flip Access
Abstract：The forex market is volatile and carries substantial risks. As a forex trader, you must avoid dealing with a fraudulent forex broker. And that’s why know how to identify potential fraud is a necessary. Here we found Flip Access belongs to a scam that is cheating traders with various irresistible trading conditions.
A Newly Created Website
Fraudulent forex entities create sites that are generally 1 to 2 years old and disappear to recreate another domain name. Flip Access has a domain name that was created on 31 March 2022, only two months ago and is therefore, part of this dangerous category of fraudulent financial company.
False Regulation & Licensing Warning
On its “Legal/Regulation”, Flip Access states it is an authorised broker under double supervision, including the Register of Companies of the Financial Conduct Authority(FCA) under registration number 9828006 and the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) under registration number 0198016.
▶ Not a legitimate UK forex broker
Searching with registration number 9828006 on the FCA Registry, we found no matching records. That is to say - the firm is an unlicensed broker who runs without any licenses.
▶ Suspicious BaFin license
As for its BaFin license, no results matching for registration number 0198016 on BaFins Registry. Instead, we found a warning record for Flip Access.
▶ BaFin investigates Flip Access
BaFin updated an unauthorised news about Flip Access recently. The regulator makes it clear that the company has not been granted authorisation to conduct banking business or provide financial services. The company is not supervised by BaFin.
“The information provided on the companys website, flipsaccess.com, gives reasonable grounds to suspect that Flip Access Plc is conducting banking business and providing financial services in Germany without the required authorisation.”
Based on the above information, we can conclude that Flip Access is a scam.
If you are aware of suspicious activities, or believe you have been defrauded, please contact us at wikifx.com.
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.
Long
Short
Slippage
Leverage
Indicator
Quoted currency
Roll-Over
FED
ECB
BOJ
US Non-farm Payrolls
Deficit
Quantitative easing
FOMC
GDP
Hawkish
Dove
Macro
Base rate
Broker
Clearing
Commission
Currency Pair
Dealer
Future
Inflation
Liquidation
Market capitalization
Value Date
Hedging
Lock
Market depth
Fundamental analysis
Technical analysis
BIS
Asian session
G7
G8
Arbitrage
Spot Market
Spot Price
Contract
Interest
Net Position
Devaluation
BOE
PBOC
Volume
Liquidity
Margin
RokingLTD
knowledge
Learn basic forex
Forex trading
Forex margin
Forex Chart
Forex indicator
support and resistance
Forex Broker
Forex strategy
Forex Currency pair
Forex Analysis
Forex news
leverage in forex
forex pips
Basic forex knowledge
forex market
forex beginners
FSCA
monetary policy
mortgage-backed securities
interest rates
inflationary
Non-farm payrolls
Ramadan
Read more
BROKSTOCK Exposed: Traders Report Login Errors, Withdrawal Issues & Incompetent Customer Support
Is your BROKSTOCK trading account full of inefficiencies? Do the recurrent BROKSTOCK login errors prevent you from opening and shorting positions at a favorable price? Has the broker failed to honor your withdrawal requests? Do you face order execution price issues? Has the customer support service failed to resolve your queries? You are not alone! In this BROKSTOCK review article, we have shared some complaints that need a close introspection. Read on to explore them.
Original 39m
OmegaPro Review: Traders Flood Comment Sections with Withdrawal Denials & Scam Complaints
Has your deposit and withdrawal scenario worsened after the initial good experience at OmegaPro, a UK-based forex broker? Does the broker ask you to invest when withdrawing your funds? Did the broker officials trap you with their false promises of compound interest on your deposit? Have you found it impossible to transfer funds from your OmegaPro login to another broker’s account? Do you witness a lack of support when dealing with these unfortunate trading circumstances? These are no longer isolated complaints — they have allegedly become the reason for OmegaPro’s tarnished trust and reputation within the trading community. Read on as we share the OmegaPro review in this article.
Original 2h
Inzo Broker Review 2025: A Complete Look at Features, Costs and User Claims
Inzo Broker presents itself as a modern forex and CFD broker, started in 2021 and registered in Saint Vincent and the Grenadines. At first glance, it offers an attractive package for traders: access to the popular MetaTrader 5 (MT5) and cTrader platforms, different types of accounts for various budget levels, and a wide selection of assets to trade. These features are made to attract both new and experienced traders. However, a closer look shows a big difference between these advertised benefits and the real risks. The broker works under an offshore regulatory system, which gives limited protection to investors. More importantly, Inzo has collected many serious user complaints, especially about withdrawing funds and changing trading conditions unfairly. This mix of weak oversight and serious user claims creates a high-risk situation that potential clients must carefully think about. This review will break down these parts to give a clear, fact-based view.
Original 2h
MSG Withdrawal Complaints and Regulatory Warning
MSG (Master Select Group) withdrawals denied. Broker is unlicensed and unregulated. NFA license claim unverified.
Original 3h
WikiFX Broker
Latest News
BASF CEO: EU CO₂ Trading Is A "Destruction Mechanism" For European Industry
WikiFXIs Fyntura a Regulated Broker? A Complete 2025 Broker Review
WikiFXZetradex Exposed: Withdrawal Denials, Account Freeze & Bonus Issues Hurt Traders
WikiFXIs Forex Zone Trading Regulated and Licensed?
WikiFXPINAKINE Broker India Review 2025: A Complete Guide to Safety and Services
WikiFXExness Restricted Countries List 2025 Explained
WikiFXIs Uniglobe Markets Legit? A 2025 Simple Guide to Its Safety, Services, and User Warnings
WikiFXIs Inzo Broker Safe or a Scam? An Evidence-Based Analysis for Traders
WikiFXWikiEXPO Dubai 2025 “Welcome Party” Kicks Off Tonight!
WikiFXHe Trusted a WhatsApp Group and Lost RM659,000
WikiFXCurrency Calculator
USD
CNY
Current Rate: 0
Amount
USD
Available
CNY
Calculate