TFCapital, established in 2022 and headquartered in Montenegro, is a relatively new player in the forex brokerage industry. Despite its recent inception, TFCapital aims to provide efficient investment services across various trading instruments, including forex and stocks of prominent US companies. However, it is important to note that TFCapital operates without valid regulatory oversight, which […]

Bulls&Bears Trades, established in the United Kingdom, has been operational for several years, providing a platform for forex trading. Despite its presence in the market, the broker currently lacks valid regulatory oversight from recognized authorities, which raises concerns regarding its operational safety and credibility. Traders are encouraged to exercise caution due to the absence of […]

TA Enterprise, founded in 1987, is a prominent financial services provider headquartered in Kuala Lumpur, Malaysia. Initially established as a stockbroking firm, the company has diversified its operations across various sectors, including financial services, property, and hospitality. However, it is important to note that TA Enterprise currently operates without any valid regulatory oversight, which may […]

ProperFX, founded in 2019 and headquartered in South Africa, is a forex broker offering a diverse range of trading instruments, including forex, commodities, cryptocurrencies, and indices. While it claims to be regulated by the Financial Sector Conduct Authority (FSCA) of South Africa, its regulatory status has raised concerns and is categorized as a Suspicious Clone. […]

Century Investment Futures, founded in 2004 and headquartered in Indonesia, operates within the forex brokerage industry, providing a range of financial services. Although it is registered with BAPPEBTI, the regulatory authority in Indonesia, its status has raised concerns, as it is considered a suspicious clone with limited transparency regarding its operational practices. This regulatory uncertainty […]

TMG, or PT Tradex Maxima Global, was founded in 2023 and is headquartered in Indonesia. This relatively new forex broker focuses on providing various trading services, although it currently operates without valid regulatory oversight, which raises concerns for potential traders. While it claims to hold a business license from BAPPEBTI, the lack of established regulation […]

Founded in 2005 and headquartered in the United States, GTS operates within the forex trading sector, providing a range of financial services. Despite its operational history of approximately 5 to 10 years, GTS lacks valid regulatory oversight, raising potential concerns for prospective traders. Without proper regulation, it is essential for users to exercise caution when […]

Vortex FX, established in 2017 and headquartered in Saint Lucia, operates as an unregulated forex broker. Despite its relatively short operational history, Vortex FX offers a range of trading services, including forex, commodities, and cryptocurrencies. The broker aims to provide competitive trading conditions, featuring spreads that start as low as 0.0 pips and leverage options […]

Axpo Holding AG, established in 2019 and headquartered in Baden, Switzerland, operates as a notable player in the forex brokerage sector. While the broker has been active for several years, it currently lacks valid regulatory oversight, which may raise concerns for potential traders regarding safety and compliance. The absence of regulation necessitates careful consideration for […]

Guotai Junan Futures, founded in 2006 and headquartered in China, has evolved from a futures brokerage into a comprehensive financial services provider. While it has established itself as a prominent player in the market, particularly as a member of various exchanges, it currently operates without valid regulatory oversight, which raises concerns about its trustworthiness. This […]

DAH CHANG FUTURES, established in 2009 and headquartered in Taiwan, specializes in providing a range of futures trading services. With over a decade of operational history, the broker focuses on both domestic and international markets. However, it is important to note that DAH CHANG FUTURES is currently unregulated, which poses potential risks for traders looking […]

CGWS, or Great Wall Securities, was established in 1998 and is headquartered in Shenzhen, China. With over 25 years of operational history, it has developed a comprehensive range of financial services. However, it is important to note that CGWS operates without a valid regulatory license, which raises concerns about investor safety and trustworthiness. This lack […]