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 […]

SinoPac Holdings, founded in 1998 and headquartered in Taipei, Taiwan, is a diversified financial services company offering a range of products including banking, securities, investment trusts, leasing, and venture capital. Despite its extensive operational history, SinoPac Holdings does not hold any regulatory licenses, which raises concerns regarding its compliance and oversight. Potential traders should be […]

Standard Bank, founded in 1998 and headquartered in South Africa, has established itself as a notable player in the financial services sector. While the bank offers a variety of trading instruments, including forex, CFDs, and commodities, it operates without a regulatory license from recognized financial authorities. This lack of regulation raises concerns about the safety […]

Axis Bank, established in 1998 and headquartered in India, is a prominent financial institution offering a diverse range of services, including forex trading. Although it provides various financial products, it currently lacks regulatory oversight from recognized authorities, which raises concerns about the safety of investors’ funds. The absence of regulation means potential clients should proceed […]

Founded in 2015, FXGlobe is a forex broker based in Vanuatu, operating under the regulatory oversight of the Cyprus Securities and Exchange Commission (CySEC). With a focus on providing diverse trading options, FXGlobe offers clients access to over 70 financial instruments, including forex pairs, commodities, and indices. The broker has been in operation for several […]