Bexchange is a forex broker founded in 2021 and headquartered in the United Kingdom. Despite its relatively recent establishment, the broker has been noted for its unregulated status, which raises concerns for potential traders. Operating under the name BEXCHANGES SOLUTION LIMITED, the broker lacks oversight from recognized financial authorities, leading to an increased risk for […]

OTA Markets, founded in the United States, operates as a forex broker with a focus on providing access to various financial markets, including forex, metals, oil, and indices. Despite its operational history of 2-5 years, OTA Markets currently lacks valid regulation, operating under an unauthorized license from the National Futures Association (NFA). This regulatory status […]

BT Markets, founded in 2019 and headquartered in Mexico, offers a range of trading services including forex, indices, commodities, cryptocurrencies, and stocks. While the broker provides access to popular trading platforms such as MetaTrader 4, MetaTrader 5, and cTrader, it operates without regulation from any reputable financial authority, raising potential concerns about safety and trustworthiness. […]

Saafan Markets Ltd. is a recently established forex broker headquartered in Saint Lucia, having been founded in 2024. Despite its young age, the broker operates without any regulatory oversight from recognized financial authorities, which raises concerns about its credibility and the safety of investor funds. Operating under these conditions, Saafan Markets primarily focuses on providing […]

MetaTrader 4 is an unregulated forex broker based in Hong Kong, established approximately 5 to 10 years ago. The platform is operated by MetaTrader 4 Global Limited, and it has gained attention for offering a variety of trading instruments, including forex, commodities, indices, and cryptocurrencies. However, it lacks valid regulation from reputable authorities, which raises […]

MERRY CAPITAL, established in 2023 and headquartered in Australia, operates in the forex trading space but currently lacks a valid regulatory license, which raises concerns about its credibility. The broker initially operated under the oversight of the Australian Securities and Investments Commission (ASIC), but that license has since been revoked. This status necessitates caution for […]

Founded in 2023, EVA Markets is a forex broker based in Comoros, offering a variety of trading services, including forex, stocks, commodities, indices, and cryptocurrencies. Despite its operational presence, EVA Markets operates without valid regulatory oversight, which raises concerns regarding its trustworthiness and safety for traders. The broker requires a minimum deposit of $1,000 to […]

Omega Pro is a forex brokerage firm established in 2020 and headquartered in the United Kingdom. Despite its claims of offering a wide range of trading services, it is important to note that Omega Pro operates without regulation from recognized financial authorities, raising concerns about investor protection and safety. The firm has garnered a significant […]

XM Trade, founded in 2023 and headquartered in the United Kingdom, operates as a forex and CFD broker. While it offers a diverse array of trading instruments, including forex, commodities, indices, and cryptocurrencies, it currently lacks regulation from recognized financial authorities. This unregulated status raises concerns regarding investor protection and trading practices, prompting potential traders […]

TDX Global, founded in 2021 and headquartered in the United Kingdom, operates as a forex broker offering a wide range of trading services. Despite its relatively short history, the broker claims to provide various trading accounts, including Classic, ECN, and Ultra options, catering to different trader needs. However, TDX Global’s regulatory status raises concerns, as […]

BlaFX is a forex broker that has been operational for approximately 5 to 10 years, headquartered in Hong Kong. The broker claims to hold regulatory licenses from the Australia Securities & Investment Commission (ASIC) and the Vanuatu Financial Services Commission (VFSC), which are designed to ensure compliance with financial standards and enhance client protection. However, […]

Interactive Brokers, founded in 1978 and headquartered in the United States, has established itself as a significant player in the forex and broader trading markets. This broker offers a diverse range of trading instruments, including forex, stocks, ETFs, options, and futures, catering to the needs of various traders. It operates under the scrutiny of multiple […]

Sky Alliance Markets is an online trading broker established in 2005 and headquartered in Sydney, Australia. The broker offers a diverse selection of financial instruments, including forex, commodities, indices, and cryptocurrencies, through the widely used MetaTrader 4 (MT4) platform. However, it is important to note that Sky Alliance Markets operates under a clone license from […]

FVP Trade, established in 2023 and headquartered in the United Kingdom, operates as a forex broker offering access to a variety of financial markets, including forex, commodities, and indices. The broker claims to be regulated by the Australia Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA), although its regulatory status is currently […]

AGlobalTrade is an online forex broker founded in 2018 and based in the Comoros. Operating under Virtuoso Capital Ltd, the broker provides a variety of trading services while currently lacking any regulatory oversight from recognized financial authorities. This absence of regulation raises potential concerns regarding investor protection and transparency, making it crucial for potential clients […]

FXOpulence is a forex broker founded in 2020 and headquartered in the United Arab Emirates. It operates under a revoked license, previously regulated by ASIC, which raises concerns about its regulatory compliance and overall safety for traders. The broker has a history of operational challenges and has been repeatedly flagged for various complaints, indicating a […]

Founded in 2023 and headquartered in Seychelles, IQX Trade is a forex broker that offers a range of trading services but operates under a regulatory framework that raises concerns. While the broker claims to be registered with the Financial Services Authority of Seychelles, it lacks a specific forex trading license, which potentially exposes traders to […]

Aiwa Capital, established in 2022, is a forex broker based in Saint Lucia. While it offers a variety of trading services, it operates without regulatory oversight, which is a significant consideration for potential traders. The broker provides access to multiple trading instruments, including forex, cryptocurrencies, and indices, but lacks a valid forex trading license. This […]