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CBFX Global Options Group Ltd, established in Cyprus, has built a presence in the forex brokerage industry over the past 5 to 10 years. The broker operates under the oversight of the Cyprus Securities and Exchange Commission (CySEC) and is also recognized by other significant EU regulators such as the Financial Conduct Authority (FCA) in […]

Established in the United Arab Emirates, ACFX is a relatively new forex broker that has been operational for 1-2 years. The company, registered as AC GLOBAL LTD, offers its services from its headquarters located on the 21st Floor of Dubai Gold Souk. However, ACFX operates without a valid forex trading license, which raises concerns about […]

DRCFX is a forex broker that was established in Malaysia and has been operational for approximately 5 to 10 years. However, it operates without valid regulation from recognized financial authorities, raising significant concerns about its trustworthiness and safety. The broker has faced numerous complaints regarding its services, including issues with withdrawals and customer support, which […]

Founded in 2023, UbetFX is a forex broker registered in China, operating in a highly competitive market. However, it currently lacks valid regulation from reputable authorities, which raises concerns about its trustworthiness and operational practices. While the broker does offer demo accounts, essential information regarding trading conditions, instruments, and support is notably absent from its […]

IVY Forex, founded in 2017 and headquartered in the United Kingdom, operates in the forex trading sector with a history spanning over five years. However, it is important to note that IVY Forex is not regulated by any recognized financial authorities, which may pose significant risks for potential traders. The lack of oversight raises concerns […]

Icon FX is a forex broker founded in 2015 and headquartered in Australia. With several years of operational history, Icon FX offers a wide range of trading services but currently lacks a valid regulatory license, which raises concerns regarding its trustworthiness. Despite being registered under the Australian Securities and Investments Commission (ASIC), its license has […]

Forte FX, established in Cyprus, operates within the forex trading sector for over five years. Although the broker offers a variety of trading accounts, it is notably unregulated by any recognized financial authority, raising significant concerns regarding the safety and security of investor funds. The absence of a valid forex license from agencies like CySEC […]

HF Market, established in 2022 and headquartered in Cyprus, operates as a forex broker under the regulatory oversight of the Cyprus Securities and Exchange Commission (CySEC). Despite its claims of legitimacy, HF Market has been flagged as a suspicious clone, raising significant concerns about its trustworthiness and overall operational integrity. The broker offers a maximum […]

BK Forex is a forex broker founded in 2022 and based in the United Kingdom. Despite its recent establishment, it has raised significant concerns regarding its regulatory status, claiming to be regulated by the Financial Conduct Authority (FCA). However, this claim has been challenged, with indications that the broker may be operating under a suspicious […]

AiTrade, founded approximately 5-10 years ago and headquartered in the United Kingdom, operates as a forex broker without valid regulatory oversight. The absence of regulation raises concerns about the company’s legitimacy and the safety of client funds. While AiTrade claims to provide trading services, including forex, the lack of transparency and regulatory approval from recognized […]

VertoFX, established in 2011 and headquartered in the United Kingdom, operates under the regulatory oversight of the Financial Conduct Authority (FCA). The broker focuses on providing a range of financial services, including international money transfers and foreign exchange solutions, catering primarily to businesses of all sizes. While VertoFX is regulated, it is crucial to note […]

GOLDEN TREE FX is a forex broker that operates out of the United States and claims to have been established between 5 to 10 years ago. The broker provides access to a variety of trading instruments, including over 80 currency pairs, commodities, indices, and cryptocurrencies. However, it is important to note that GOLDEN TREE FX […]