Category: en

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 […]

Founded in 2017 and headquartered in Mauritius, eonefx has established itself as a forex broker specializing in a variety of trading instruments including currencies, commodities, and cryptocurrencies. Despite its operational history of around five to ten years, eonefx operates without regulation from major financial authorities, raising concerns about the safety of funds and investor protection. […]

Founded in 2004 and headquartered in Mauritius, SEVEN STAR FX offers a range of forex trading services designed to meet the needs of both novice and experienced traders. The broker operates under the oversight of the Financial Services Commission (FSC) of Mauritius, which provides some level of regulatory framework, although it is considered a mid-tier […]

Established in 2020 and headquartered in Estonia, Mether World is an unregulated forex broker that primarily offers trading services in cryptocurrencies and forex. Operating without oversight from reputable financial authorities, the broker raises significant concerns regarding the safety of funds and adherence to industry standards. Although it promotes educational resources and claims to offer a […]

Founded in 2020 and headquartered in St. Vincent and the Grenadines, Winsorfx is an online forex broker that provides access to a variety of financial markets, including forex, commodities, indices, and cryptocurrencies. Operating under a jurisdiction known for its lenient regulatory framework, Winsorfx currently lacks a license from any reputable financial authority, raising significant concerns […]

DMA Capitals, founded in 2021 and headquartered in Dubai, United Arab Emirates, has quickly positioned itself as a global multi-asset broker. The company specializes in providing online trading services across various markets, including forex, commodities, and cryptocurrencies. Though DMA Capitals operates without regulation from major financial authorities, it is registered in Saint Vincent and the […]

Warren Bowie & Smith, founded in 2020 and headquartered in Mauritius, is a growing player in the online brokerage industry. The broker operates under the regulation of the Financial Services Commission (FSC), ensuring compliance with international financial standards. With a commitment to transparency and client fund protection through segregated accounts, Warren Bowie & Smith prioritizes […]

1Prime Options is an online forex broker established in 2020 and headquartered in the Marshall Islands. Operating as an unregulated entity, it lacks oversight from any reputable financial authority, raising concerns about investor protection and fund security. The broker provides a range of trading services, allowing clients to engage in forex, commodities, and cryptocurrency trading […]

LonghornFX, founded in 2020 and headquartered in Saint Vincent and the Grenadines, is an emerging forex broker that caters to a global clientele. Although it specializes in forex and CFD trading, it operates without regulation from major financial authorities, which could raise concerns regarding investor safety. The broker has gained a reputation for its diverse […]

Founded in 2004 and headquartered in Kingstown, Saint Vincent and the Grenadines, TemplerFX is an online forex broker that provides a range of trading services in various markets, including forex, commodities, and CFDs. While TemplerFX has been operational for nearly two decades, it is important to note that it currently operates without effective regulation from […]

Founded in 2020, Dollars Markets is a forex broker registered in St. Vincent and the Grenadines, with additional registration in Mauritius. Despite its claims, the broker operates under offshore regulations, which generally lack the stringent oversight found in major financial jurisdictions. This raises questions about its credibility and the safety of traders’ funds. Notably, the […]

iFX Brokers, established in 2016 and headquartered in South Africa, operates as a multi-asset forex broker regulated by the Financial Sector Conduct Authority (FSCA). The broker provides access to a diverse range of financial instruments, including forex, commodities, indices, and cryptocurrencies, catering primarily to both local and some international traders. Despite being licensed, iFX Brokers […]

Established in 2012, FXORO is a forex and CFD broker headquartered in Cyprus. Operated by MCA Intelifunds Ltd, FXORO is regulated by the Cyprus Securities and Exchange Commission (CySEC), ensuring compliance with stringent financial standards. The broker has built a solid reputation over its operational history, focusing on providing a secure trading environment for clients […]

Founded in 2021, INZO is a forex broker headquartered in Saint Vincent and the Grenadines. The broker operates under an offshore regulatory framework, specifically licensed by the Seychelles Financial Services Authority (FSA). Despite its regulatory status, potential traders should be aware of the inherent risks associated with offshore brokers, which may lack the stringent oversight […]