HXFX Global, founded in 2010 and headquartered in the United Kingdom, positions itself as a forex broker aiming to provide a diverse range of trading services. Despite its claims, the actual regulatory status of HXFX Global raises concerns, as it does not hold a credible license of its own. The broker operates under various entities, […]

Bull Sphere, founded in 2020 and headquartered in Bangkok, Thailand, is a forex brokerage that offers services primarily focused on forex and contracts for difference (CFDs). Operating under the name Bull Sphere Global Limited, the broker claims to hold a license from the National Futures Association (NFA), although this license is considered unauthorized. The lack […]

ZenTrade, founded in 2006 and headquartered in the Marshall Islands, operates as a forex broker without holding any recognized regulatory licenses. Over its operational history, ZenTrade has garnered attention for offering a range of trading instruments including forex, cryptocurrencies, and CFDs. However, its lack of regulation raises significant concerns regarding the safety and transparency of […]

DMM FX, established in 2005 and headquartered in Tokyo, Japan, is a prominent player in the forex trading industry. Operating under the oversight of Japan’s Financial Services Agency (FSA), DMM FX ensures a secure trading environment with clients’ assets managed separately in compliance with regulatory standards. With over 800,000 accounts, the broker has built a […]

TradeFW, founded in 2018 and headquartered in Limassol, Cyprus, is a forex broker that offers a range of trading services to clients worldwide. Regulated by the Cyprus Securities and Exchange Commission (CySEC), TradeFW aims to provide a secure trading environment by adhering to regulatory standards that protect client funds. Despite its regulatory status, there have […]

Founded in August 2021, GinFi is a forex broker based in South Africa, operating under the financial services company Demeterer (Pty) Ltd. While it offers a range of trading services, including forex, commodities, and indices, its regulatory status remains a significant concern. GinFi is registered with the Financial Sector Conduct Authority (FSCA) but faces scrutiny […]