Founded in 2021 and headquartered in Thailand, AFFX operates as an unregulated forex broker offering a range of trading services. Despite its relatively short operational history, it provides access to various financial instruments including forex, stocks, indices, commodities, and cryptocurrencies. However, the lack of regulation raises concerns regarding investor safety and trust, as proper oversight […]

JM Trade is a Kuwait-based forex broker established within the last decade, focusing on providing advanced trading solutions to its clients. Despite its appealing offerings, it is important to note that JM Trade operates without any regulatory oversight, which raises potential concerns for prospective traders. Its headquarters are located in Kuwait City, where it offers […]

VCTFX, established within the last 2-5 years, operates from the United States as an unregulated forex broker. The lack of oversight from recognized financial authorities raises significant concerns for potential traders, as they are subjected to increased risks associated with unregulated environments. With a diverse range of trading instruments, including forex and cryptocurrencies, VCTFX offers […]

Nexus Trade, founded in 2019 and headquartered in the United Kingdom, operates as an unregulated forex broker. With approximately 2-5 years of operational history, the platform provides access to various trading instruments, including cryptocurrencies and fiat currencies. However, its lack of regulation raises concerns regarding oversight and potential risks associated with trading activities. Investors should […]

EagleFX, established in 2004 and headquartered in the Commonwealth of Dominica, operates as an online forex and cryptocurrency broker. Despite its operational history of over 5 years, EagleFX is notable for its lack of regulatory oversight, which raises concerns regarding the safety and protection of client funds. Traders considering EagleFX should be aware of the […]

Founded in 2014 and headquartered in Limassol, Cyprus, FX Global is an online forex broker that operates under the Goldenburg Group Limited. The broker has been active for nearly a decade, offering a range of trading services to both novice and experienced traders. However, it is important to note that FX Global currently lacks regulation […]

Otto Forex is a brokerage firm founded in the United Kingdom, operating for approximately 2 to 5 years. Notably, it lacks regulation from any major financial authority, which raises significant concerns regarding its operational legitimacy and safety for traders. The absence of regulatory oversight can expose investors to potential risks, as there is limited protection […]

Milano MFX is a forex broker established in 2019 and headquartered in Malta. Operating under Milano MFX Ltd, the broker has been in the market for approximately 5 years. However, it is important to note that Milano MFX is not regulated by any major financial authorities, which raises concerns regarding investor safety and trustworthiness. The […]

Grow FX Trade, founded in 2021 and headquartered in Indonesia, operates as a multi-asset broker offering a variety of financial instruments including forex, commodities, synthetic indices, and stock indices. Despite its claims of providing leverage up to 1:500 and utilizing the MetaTrader 5 platform, it is important to note that Grow FX Trade lacks valid […]

RightFX is a forex brokerage firm established in Mauritius, offering a range of online trading services since 2018. The company operates without a valid forex trading license, regulated only by the Financial Services Commission (FSC) of Mauritius, which raises concerns about oversight and investor protection. With a focus on providing access to various financial instruments, […]

BLforex is a forex broker established in 2024 and headquartered in the United States. The broker operates within a relatively short time frame, offering services in the highly competitive trading environment. However, it is important to note that BLforex is currently unregulated, which raises concerns about the safety of its operations and the protection of […]

UNITY TRADE FX is a forex and CFD broker founded in 2018 and headquartered in the United States. Despite its claims of offering various trading services, it operates without valid regulatory oversight, receiving a low score of 1.22/10 from WikiFX. This lack of regulation raises concerns about the safety and reliability of its trading environment, […]