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Founded in 2005, ForexBY is a Belarus-based broker regulated by the National Bank of the Republic of Belarus (NBRB). With over 15 years of operational history, ForexBY offers a range of trading services including forex, indices, and cryptocurrencies. The broker operates under strict regulatory compliance, which enhances its credibility and trustworthiness in the market. However, […]

Founded in 2013, Gkoudai is a Chinese broker that operates primarily in the trading of precious metals, futures, and stocks. With its headquarters located in Nanjing, Gkoudai has established itself in the financial markets; however, it does not hold any regulatory licenses from recognized authorities, which raises concerns regarding its legitimacy. This lack of regulation […]

Founded in 2020, NGG is a Thailand-based broker that specializes in gold trading. Although it offers access to the NGG Trade platform and supports MetaTrader 5 (MT5), it is important to note that NGG operates without regulatory oversight. This lack of regulation raises concerns for potential traders, as regulatory bodies play a crucial role in […]

Guosen Securities (HK) Financial Holdings Co., Ltd., founded in 2009, is headquartered in Hong Kong and serves as a key player in the financial services sector. The broker operates under the regulation of the Securities and Futures Commission (SFC) of Hong Kong, holding a license for dealing in futures contracts (license number AUI491). With over […]

Lotas Capital, founded in 2017 and headquartered in Saint Lucia, operates within the forex trading industry without regulatory oversight from recognized financial authorities. While it has been in operation for 5-10 years, the absence of a valid forex license raises concerns about its trustworthiness and the potential risks involved in trading with this broker. Traders […]