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Founded in 2019, YLD FX is an online forex broker headquartered in Labuan, Malaysia. While the broker operates under the Labuan Financial Services Authority (Labuan FSA), its regulatory status remains unverified, which introduces potential risks for traders. With several years of operational history, YLD FX aims to provide a range of trading services, but the […]

Proton Markets, founded in the United Kingdom, has been operational for approximately 5 to 10 years. Despite its presence in the forex brokerage landscape, it is important to note that Proton Markets operates without valid forex regulation, which raises significant concerns regarding its trustworthiness and safety for traders. The absence of oversight from reputable financial […]

MGL Forex, established in 2016 and headquartered in Mongolia, operates as a forex broker providing access to a range of trading instruments including forex, CFDs, and cryptocurrencies. However, it is important to note that MGL Forex currently lacks regulation from any recognized financial authority, which raises concerns regarding its trustworthiness and operational security. The broker […]

Dorman Trading, LLC was founded in 2000 and is headquartered in Chicago, Illinois. This broker operates primarily in the United States and specializes in futures trading. While it claims regulation by the National Futures Association (NFA), the status is considered unverified, raising concerns regarding its regulatory compliance and overall trustworthiness. As such, potential clients should […]

Founded in 2019 and headquartered in Tokyo, Japan, PayPay Securities is a regulated forex broker that offers a variety of trading services. The broker operates under the oversight of the Financial Services Agency (FSA) of Japan, ensuring compliance with local regulations. With several years of operational history, PayPay Securities has established itself within the financial […]

GSI Markets, founded in 2013 and headquartered in the Marshall Islands, operates as an unregulated forex broker. With a history spanning nearly a decade, it offers trading services primarily focused on forex markets. However, GSI Markets lacks oversight from reputable financial authorities, which raises significant concerns regarding its regulatory status and overall trustworthiness in the […]

WALKERT is a forex broker established 5-10 years ago and is headquartered in the United Kingdom. Currently, the broker operates without valid regulation, raising significant concerns about its legitimacy. Although it claims association with the Financial Conduct Authority (FCA), this license is deemed a suspicious clone, which has led to numerous user complaints regarding withdrawal […]

Prime OTP is a brokerage firm founded in 2024 and headquartered in Mauritius. Although it offers a range of trading services, Prime OTP operates without any recognized regulatory oversight, which raises concerns about its legitimacy and trustworthiness. The broker provides access to various financial instruments, including forex, metals, shares, indices, cryptocurrencies, and commodities, but lacks […]

OW Markets, established in 2019 and headquartered in Seychelles, operates under the regulation of the Financial Services Authority (FSA) with a derivatives trading license. While the broker has a relatively short operational history, it has positioned itself within the forex market, providing various trading services. It is essential for potential traders to be aware that […]

HSBC, founded in 1865 and headquartered in Hong Kong, is a prominent financial institution known for its robust range of services and long-standing operational history. Regulated by reputable authorities including the Securities and Futures Commission (SFC) of Hong Kong and the Labuan Financial Services Authority (LFSA) of Malaysia, HSBC offers a sense of security and […]

SunX Global, established in 2018 and headquartered in New Zealand, is a forex broker specializing in securities, futures, and CFD trading. Although it operates under the Financial Service Providers Register (FSPR), it is important to note that its regulatory status has been exceeded, raising concerns about compliance. With a focus on providing trading solutions, SunX […]

TspFxb Ltd is a forex broker founded in 2025 and registered in Saint Lucia. Operating without any regulation, this broker offers a range of services, including forex trading, CFD trading, asset tokenization, and proprietary trading. Despite its relatively short operational history, TspFxb Ltd positions itself within the forex market, but prospective traders should be aware […]