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. […]