FenzoFx, established in 2024 and headquartered in Switzerland, operates as a decentralized forex broker focusing on anonymous trading and low transaction costs. Despite its innovative approach, FenzoFx lacks regulation from recognized financial authorities, raising concerns about its trustworthiness and investor safety. The broker’s operational history is limited, and it is essential for potential traders to […]

HIBT is a forex and CFD broker founded in 2024 and headquartered in the Bahamas. Despite its recent establishment, the broker operates within a typical market framework and offers a range of financial products. However, HIBT’s regulatory status is concerning, as it is categorized as a ‘Suspicious Clone’ with claims of regulation that remain unverified. […]

VCP Markets, established in 2021 and headquartered in Australia, operates within a competitive landscape of forex trading. Despite its relatively short operational history, the broker has gained attention, albeit not always positive. VCP Markets currently lacks regulation from recognized financial authorities, which raises concerns about its reliability and the safety of traders’ funds. The absence […]

Founded in 2025 and headquartered in Saint Lucia, GOC Prime is a regulated forex and CFD broker registered with the Financial Crimes Enforcement Network (FinCEN) in the United States. The broker operates under a currency exchange license, allowing it to provide a range of financial services while adhering to anti-money laundering regulations. With a relatively […]

Exotic FX, founded in 2012, operates out of Saint Lucia and specializes in providing a diverse range of trading services. Despite its extensive operational history, it is important to note that Exotic FX is currently unregulated, lacking oversight from recognized financial authorities such as the FCA or ASIC. This regulatory status raises concerns regarding the […]

WM Markets is a forex broker founded in 2019 and headquartered in Comoros. Operating for a few years, the broker provides a range of trading services. However, it is important to note that WM Markets operates without valid regulation from recognized financial authorities, which may raise concerns regarding its trustworthiness and the safety of funds. […]

MY MAA MARKETS LTD, founded in 2024 and headquartered in Mauritius, operates as a regulated forex broker under the Financial Services Commission (FSC) of Mauritius, holding a Retail Forex License (License No. GB24203320). With a focus on providing diverse trading services, MY MAA MARKETS caters to a wide range of clients, offering a secure environment […]

Auro Markets is a recently established forex broker founded in 2024 and registered in Saint Lucia. Despite offering a range of trading instruments, including forex and CFDs, it operates without regulation from any reputable financial authority, which raises concerns regarding its trustworthiness and safety for traders. The broker has been flagged for signs of illegal […]

Daicha Iconic Markets Ltd, established in 2021 and headquartered in Saint Lucia, operates within the forex trading sector, providing a range of trading services to clients. Although the broker offers various trading options, it is important to note that it lacks valid regulatory oversight, which raises potential risks for traders. The absence of a reputable […]

PIPS STAR is a relatively new forex broker, having been founded in 2024 and headquartered in the United Kingdom. Although it operates under a currency exchange license in the United States, it is important to note that PIPS STAR is currently unregulated. This raises potential concerns for traders, as engaging with unregulated brokers can involve […]

Rame Markets, established in 2025 and headquartered in Saint Lucia, is a global financial trading platform that caters to a diverse range of traders. Despite its claims of being a regulated foreign exchange broker, Rame Markets does not hold any valid regulatory licenses from recognized authorities, which raises concerns about its operational integrity. The broker […]

Founded in 2021 and headquartered in Saint Vincent and the Grenadines, UCMarkets is an emerging online forex broker that provides a wide range of trading services. Operating within the forex trading ecosystem, this broker offers access to various financial instruments, including Contracts for Difference (CFDs) on forex, commodities, indices, and cryptocurrencies. However, it is important […]

TradeNow is a newly established forex broker founded in 2023, headquartered in the United Kingdom. Despite its recent inception, TradeNow offers a variety of trading options, including stocks, commodities, indices, cryptocurrencies, and CFDs. However, it is important to note that TradeNow operates without regulation from any recognized financial authority, which raises concerns regarding its safety […]

Founded in 2007 and headquartered in Cyprus, FXOpen is a well-established forex broker that has built a solid reputation within the trading community. Regulated by the Cyprus Securities and Exchange Commission (CySEC), FXOpen offers a range of trading services to retail and professional clients. The broker is known for its diverse array of trading instruments, […]

Monex Investindo Futures (MIFX), established in 2000, is a prominent forex broker based in Indonesia, holding a significant market share within the local trading landscape. The broker operates under the regulatory oversight of BAPPEBTI, as well as memberships in the Jakarta Futures Exchange (JFX) and the Indonesia Commodity and Derivatives Exchange (ICDX). This regulatory framework […]

Sway Markets is a forex broker founded in 2022 and headquartered in Australia. Operating under the regulatory oversight of the Australian Securities and Investments Commission (ASIC), Sway Markets aims to provide a reliable trading environment for its clients. Despite being a relatively new entrant in the market, the broker offers a range of services that […]

Founded in 2016 and headquartered in Hong Kong, Gold Fun Corporation Ltd. is a financial services broker that offers a range of trading options, primarily in precious metals. While the company claims to be regulated by the CGSE, it has garnered a low WikiFX score of 1.42 due to numerous complaints regarding its operational practices. […]

Axi, formerly known as AxiTrader, was founded in 2007 and is headquartered in Australia. The broker is well-regulated, holding licenses from several reputable financial authorities, including the Australian Securities and Investments Commission (ASIC), the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), and the Financial Markets Authority (FMA) in […]

Founded in 2004, Tradeview is a forex broker based in the Cayman Islands, regulated by the Labuan Financial Services Authority (LFSA) in Malaysia. With nearly two decades of operational history, Tradeview offers direct market access and caters to a diverse clientele through its various trading accounts and platforms. Although it is regulated, potential clients should […]

Maunto is a forex broker founded in 2023 and registered in Saint Lucia. Despite its recent establishment, it has quickly attracted attention for its wide range of trading services. Operating without any notable regulatory oversight, it raises concerns regarding safety and trustworthiness. The broker’s operational history is still developing, and potential clients should be cautious […]