Pionex, established in the United States, operates as a relatively new trading platform in the forex market for approximately 1-2 years. Despite its innovative offerings, it is important to note that Pionex is currently unregulated, meaning it does not operate under the oversight of any recognized financial authority. This absence of regulatory supervision may raise […]

Capital IM Limited is a forex broker founded in 2023 and headquartered in the United Kingdom. Operating with a focus on providing trading opportunities across various financial instruments, it offers access to forex, cryptocurrencies, commodities like gold and crude oil, among others. However, it is important to note that Capital IM Limited currently lacks valid […]

Founded in 2020 and based in the United States, Crypto Guru Inc has been operating for a few years in the forex trading sector. Despite its relatively recent establishment, the broker currently lacks regulatory oversight from recognized financial authorities, which may raise concerns for potential traders regarding the safety and security of their investments. This […]

SFOCL, established in 2021 and headquartered in the United States, operates as a multi-asset broker, offering a diverse range of financial instruments including forex, commodities, and CFDs. While the broker claims regulation by the Financial Crimes Enforcement Network (FinCEN), it’s essential for traders to approach with caution, as there are concerns about its regulatory status […]

Bonny Markets, established in 2023 and headquartered in Montenegro, operates as an unregulated brokerage offering a diverse range of trading options, including forex, commodities, indices, and cryptocurrencies. While the broker provides access to popular trading platforms like MetaTrader 5, its lack of regulatory oversight raises concerns about investor protection. Clients should be cautious, as the […]

CM Globals, founded in Australia, operates as a forex broker with a focus on providing a variety of financial instruments. Although it has been in operation for 2-5 years, it currently lacks valid regulation from recognized authorities such as ASIC or FCA, raising potential concerns about its credibility and safety. The broker is headquartered in […]

GSTrade, established within the past 5-10 years and headquartered in Hong Kong, operates under the name Global Seek Limited. This broker primarily focuses on forex trading and is known for its competitive spreads. However, it is important to note that GSTrade operates without regulatory oversight, which raises potential risks related to fund security and investor […]

Ubuntu Invest is a forex broker established in South Africa, operating for approximately 5 to 10 years. While it provides a range of trading services, including access to forex, commodities, and indices, it is important to note that the broker is currently unregulated, raising concerns regarding its legitimacy and adherence to industry standards. Traders should […]

GTSEnergyMarkets, established in 2018 and headquartered in the United Kingdom, operates as a forex broker regulated by the Australian Securities and Investments Commission (ASIC). With several years of operational history, the broker offers a wide array of trading instruments, including forex, commodities, and CFDs. However, the accessibility of their official website has raised concerns regarding […]

CFI, established in 1998 and headquartered in Cyprus, has built a solid reputation within the forex trading landscape. Operating under the regulatory oversight of the Cyprus Securities and Exchange Commission (CYSEC), CFI holds a Market Making (MM) license, although its suspicious FCA clone license raises concerns regarding its trustworthiness. Over the years, CFI has expanded […]

Virtus Investment Partners, established in 2023 and headquartered in Japan, operates within the forex brokerage landscape with a focus on providing diverse trading opportunities. Despite its recent inception, the broker has garnered attention for its operational approach; however, it currently lacks valid regulatory oversight, which raises concerns regarding its trustworthiness and compliance with industry standards. […]