PTFX is a forex broker established in China, operating without any official regulatory oversight. With a presence in the market for approximately 5-10 years, it has garnered a reputation marred by numerous complaints regarding withdrawal issues and potential scams. The absence of a valid trading license raises significant concerns about its credibility, making it essential […]

Brother Forex International Limited, commonly known as BFX, was established in 2017 and is headquartered in London, United Kingdom. Despite its operational history of several years, BFX operates under a regulatory status that raises concerns, as it holds an unauthorized license from the National Futures Association (NFA). This lack of proper regulation may pose significant […]

FAZOFX, established in 2021 and headquartered in the United Kingdom, offers a range of forex trading services. Despite its relatively short operational history, the broker operates in a competitive environment, focusing primarily on forex trading. However, it is important to note that FAZOFX currently lacks valid regulatory oversight, which raises concerns regarding its compliance with […]

Arena Trade, established in 2020 and headquartered in Australia, operates within the forex trading sector, providing a platform for a range of financial instruments. Despite its operational history of over three years, the broker is currently not regulated by any major financial authorities, a factor that potential traders should consider seriously when evaluating its credibility […]

Crown fx, established in 2021 and headquartered in Dubai, UAE, operates as a forex broker with a focus on providing a range of trading services. Despite its relatively short operational history, the broker has positioned itself within the forex market. However, it is important to note that Crown fx lacks a valid forex trading license, […]

Peak Forex, established in September 2022, is headquartered in the United States Virgin Islands. Despite its recent inception, the broker operates under a regulatory status that is categorized as a ‘Suspicious Clone.’ This raises concerns regarding the safety and reliability of its services, as it lacks the oversight of reputable financial authorities such as the […]

Founded in 2024 and headquartered in the United States, DCNForex is a newly established forex broker that operates without formal regulation. Despite its unregulated status, the broker claims to provide a diverse range of over 500 trading instruments, including forex, commodities, bonds, metals, energies, shares, and indices. Traders can benefit from leverage of up to […]

EnclaveFX, founded in 2020 and headquartered in the United Kingdom, is a forex broker that positions itself within the competitive trading landscape by offering various financial instruments, including forex, CFDs, and cryptocurrencies. However, it is important to note that EnclaveFX operates without any regulatory oversight, raising significant concerns regarding investor safety and compliance with industry […]

Founded in recent years and headquartered in Saint Vincent and the Grenadines, TSLtrade has established itself in the forex trading landscape. Despite its operational history of 2-5 years, the broker currently lacks valid regulatory oversight, which raises considerable concerns regarding safety and compliance in trading practices. This absence of regulation may expose traders to heightened […]

Established in 2021 and headquartered in Saint Vincent and the Grenadines, Tenoris FX is a relatively new forex broker offering a range of trading services. Despite its modern interface and accessibility, Tenoris FX operates without a regulatory framework, which raises concerns regarding its trustworthiness. The absence of oversight from reputable financial authorities can pose significant […]

EVERFX is a forex broker established approximately 5-10 years ago and headquartered in Cyprus. It operates under the auspices of ICC Intercertus Capital Limited and is subject to regulation by multiple authorities, including the CNMV in Spain for retail forex services. However, its regulatory status has been met with skepticism, as some regulatory bodies have […]

Luno TradeFx is a China-based forex broker that has been operating for approximately 1-2 years. Despite its relatively short history, the broker provides access to a variety of trading instruments, primarily focusing on cryptocurrencies like Bitcoin. However, it is important to note that Luno TradeFx is not regulated by any recognized financial authority, which raises […]