HUNGSING is a financial firm founded in 1999 and based in Hong Kong. It offers a range of services including debt financing, investment products, asset management, and IPO subscription. Despite its extensive operational history, the broker’s regulatory status raises concerns; it holds an exceeded license for dealing in futures contracts but has had its securities […]

FX Connect, founded in 2003 and headquartered in the United Kingdom, operates as an unregulated financial entity. With a history spanning over two decades, the broker provides a range of services, including execution flexibility, settlement solutions, transaction reports, and workflow management. However, it is important to note that FX Connect lacks valid regulatory oversight, which […]

Established in 2009 and headquartered in Indonesia, GOFX is a financial brokerage that operates without regulation, which raises concerns regarding investor safety. The broker provides access to a variety of trading instruments, including forex, gold, crude oil, palm oil, and tin. Despite its unregulated status, GOFX has been active in the market for over a […]

Established in 1991 and headquartered in Hefei City, China, HUAAN SECURITIES operates as an unregulated broker, providing a range of financial services that include wealth management, investment banking, and asset management. Despite its long-standing presence in the industry, the broker currently lacks valid regulatory oversight, which raises potential risks for traders seeking a secure trading […]

GMA CAPITAL is an unregulated forex broker founded in 2016 and headquartered in Buenos Aires, Argentina. Despite offering a range of financial services, including sales and trading, asset management, corporate finance, and wealth management, the broker lacks oversight from any reputable regulatory authorities. This absence of regulation raises concerns regarding the safety and reliability of […]

Patria Finance is a financial firm founded in 1996 and headquartered in the Czech Republic. Although it has been operating for over two decades, it currently lacks valid regulatory oversight, which raises concerns about its trustworthiness. As an unregulated broker, potential clients should exercise caution and thoroughly evaluate the risks associated with trading under its […]

AS-TEM Co., Ltd., established in 1962 and headquartered in Osaka, Japan, operates as an unregulated forex broker. The firm offers a variety of trading instruments, including precious metals such as gold, silver, and platinum, as well as agricultural commodities and Japanese stock market indices like the Nikkei Average and TOPIX. Despite its long operational history, […]

Capital Trading Group (CTG), founded in 2007 and based in the United States, operates as an unregulated financial firm. While it offers managed futures services, it is important to note that CTG holds a suspicious clone license from the National Futures Association (NFA), which raises concerns about its regulatory status and the safety of client […]

Islamic Financial Securities is an unregulated financial broker founded in 2003 and headquartered in Qatar. The firm primarily focuses on stock trading and operates through its proprietary app. Despite its operational history, Islamic Financial Securities lacks regulation from reputable financial authorities, which raises potential concerns regarding the safety and security of funds. The absence of […]

DBFS, or Doha Brokerage & Financial Services Limited, was established in 2008 and is headquartered in Kochi, India. This broker operates without valid regulatory oversight, which raises concerns for potential traders regarding safety and compliance. While the company has been in operation for over a decade, it is essential to note that the absence of […]

Founded in 2008 and headquartered in Dhaka, Bangladesh, Shahjalal Islami Bank Securities Ltd operates as an unregulated financial firm. The broker offers a range of services that include Shariah-based margin investments, IPO application assistance, trade workstations, online trading, institutional investments, and foreign trade services. While it has been in operation for over a decade, the […]

Fundovix is an unregulated forex broker established in 2024, headquartered in the United Kingdom. The firm operates within a relatively short operational history, and notably, it lacks a valid regulatory license from any reputable financial authority. This absence of regulation raises concerns about the safety and credibility of trading with Fundovix, underscoring the importance of […]