LioTrade, founded in 2023 and headquartered in China, operates as a forex broker without any regulatory oversight, raising significant concerns for potential investors. Despite its recent establishment, the absence of regulation from recognized financial authorities means that LioTrade may not adhere to the rigorous standards typically expected in the trading environment. This lack of oversight, […]

Founded in 2003 and based in Hong Kong, JinDao is a forex broker that primarily operates in the trading of various financial instruments including forex, metals, and energy. Although the company boasts a significant operational history, it currently lacks a valid regulatory license, raising concerns about its credibility and safety for potential traders. Users should […]

Rigate Markets, established in March 2024 and based in Ukraine, operates as an online forex and CFD trading platform. Despite its user-friendly MT5 platform and a variety of account options, the broker lacks regulatory oversight from recognized financial authorities, which raises concerns regarding investor safety. The absence of regulation means that traders may face higher […]

ASR is a forex broker that has been operational since its establishment in 1969 and is headquartered in the Netherlands. The broker operates under the name ASR Levensverzekering NV and is not regulated by any reputable financial authority, raising concerns about its legitimacy and the safety of client funds. Potential traders should be aware that […]

Zion is an offshore financial services provider founded in 2020 and based in the United Kingdom. Despite having been operational for several years, it operates without any valid regulatory oversight, raising significant concerns about the safety of client funds. The broker is not authorized by reputable financial authorities such as the National Futures Association (NFA), […]

The Uptrend Center is an online forex broker founded in the last two years and headquartered in Canada. Despite its recent establishment, it has positioned itself within the competitive trading landscape, offering a variety of market instruments. However, it is crucial to note that The Uptrend Center operates without regulation from any recognized financial authorities, […]

SUPAY is a currency exchange and remittance service provider established in 2005, headquartered in Australia. With a focus on facilitating foreign currency transactions, SUPAY operates under the regulatory framework of the Australian Transaction Reports and Analysis Centre (AUSTRAC). However, it is important to note that the broker has received numerous complaints regarding its withdrawal processes […]

OneUp Trader, founded in 2018 and based in the United States, operates as a forex broker offering Funded Trading Accounts with multiple funding levels. While it provides traders with access to leverage of up to 1:500 and a transparent fee structure without hidden costs, it lacks regulatory oversight, which raises concerns regarding user safety and […]

META OTC, founded in 2016 and headquartered in London, United Kingdom, offers a diverse range of trading opportunities including CFDs on forex, commodities, cryptocurrencies, shares, and ETFs. Although it provides high leverage options of up to 1:500 and competitive spreads starting from 0.08%, it operates without regulatory oversight, which could raise concerns regarding the safety […]

Fineco Bank, founded in 1999 and headquartered in Italy, operates as a multi-asset financial services provider offering a range of trading options. Regulated by the Bank of Italy and Consob, the broker claims to provide clients with access to over 20,000 financial instruments, including forex, shares, and ETFs. However, potential clients should be aware of […]

VP Markets Global Ltd, established in 2019 and headquartered in the United Kingdom, operates in the online trading sector with a focus on forex and other financial instruments. Despite its presence in the market, VP Markets currently lacks regulatory oversight from recognized authorities such as the FCA or ASIC, which raises concerns regarding its trustworthiness […]

CLS is an unregulated forex broker established in the United Kingdom, operating for over five years. While it provides a variety of products and services, including settlement, processing, and data management, the absence of valid regulatory oversight raises concerns about the safety and trustworthiness of its trading environment. Regulatory bodies play a crucial role in […]