Proton Markets, founded in the United Kingdom, has been operational for approximately 5 to 10 years. Despite its presence in the forex brokerage landscape, it is important to note that Proton Markets operates without valid forex regulation, which raises significant concerns regarding its trustworthiness and safety for traders. The absence of oversight from reputable financial […]
MGL Forex, established in 2016 and headquartered in Mongolia, operates as a forex broker providing access to a range of trading instruments including forex, CFDs, and cryptocurrencies. However, it is important to note that MGL Forex currently lacks regulation from any recognized financial authority, which raises concerns regarding its trustworthiness and operational security. The broker […]
Dorman Trading, LLC was founded in 2000 and is headquartered in Chicago, Illinois. This broker operates primarily in the United States and specializes in futures trading. While it claims regulation by the National Futures Association (NFA), the status is considered unverified, raising concerns regarding its regulatory compliance and overall trustworthiness. As such, potential clients should […]
Founded in 2019 and headquartered in Tokyo, Japan, PayPay Securities is a regulated forex broker that offers a variety of trading services. The broker operates under the oversight of the Financial Services Agency (FSA) of Japan, ensuring compliance with local regulations. With several years of operational history, PayPay Securities has established itself within the financial […]
GSI Markets, founded in 2013 and headquartered in the Marshall Islands, operates as an unregulated forex broker. With a history spanning nearly a decade, it offers trading services primarily focused on forex markets. However, GSI Markets lacks oversight from reputable financial authorities, which raises significant concerns regarding its regulatory status and overall trustworthiness in the […]
WALKERT is a forex broker established 5-10 years ago and is headquartered in the United Kingdom. Currently, the broker operates without valid regulation, raising significant concerns about its legitimacy. Although it claims association with the Financial Conduct Authority (FCA), this license is deemed a suspicious clone, which has led to numerous user complaints regarding withdrawal […]
Prime OTP is a brokerage firm founded in 2024 and headquartered in Mauritius. Although it offers a range of trading services, Prime OTP operates without any recognized regulatory oversight, which raises concerns about its legitimacy and trustworthiness. The broker provides access to various financial instruments, including forex, metals, shares, indices, cryptocurrencies, and commodities, but lacks […]
OW Markets, established in 2019 and headquartered in Seychelles, operates under the regulation of the Financial Services Authority (FSA) with a derivatives trading license. While the broker has a relatively short operational history, it has positioned itself within the forex market, providing various trading services. It is essential for potential traders to be aware that […]
HSBC, founded in 1865 and headquartered in Hong Kong, is a prominent financial institution known for its robust range of services and long-standing operational history. Regulated by reputable authorities including the Securities and Futures Commission (SFC) of Hong Kong and the Labuan Financial Services Authority (LFSA) of Malaysia, HSBC offers a sense of security and […]
SunX Global, established in 2018 and headquartered in New Zealand, is a forex broker specializing in securities, futures, and CFD trading. Although it operates under the Financial Service Providers Register (FSPR), it is important to note that its regulatory status has been exceeded, raising concerns about compliance. With a focus on providing trading solutions, SunX […]
TspFxb Ltd is a forex broker founded in 2025 and registered in Saint Lucia. Operating without any regulation, this broker offers a range of services, including forex trading, CFD trading, asset tokenization, and proprietary trading. Despite its relatively short operational history, TspFxb Ltd positions itself within the forex market, but prospective traders should be aware […]
Ehamarkets, founded in 2024 and headquartered in Labuan, Malaysia, is a relatively new player in the forex brokerage landscape. Operating under the company name Hooya Plus Capital Inc., Ehamarkets does not hold valid regulatory licenses, which raises significant concerns regarding its trustworthiness and operational integrity. The broker offers a selection of trading options, including forex, […]
Founded in 2000, TotalFX is a forex broker registered in South Africa, operating under the oversight of the Financial Sector Conduct Authority (FSCA). With a focus on compliance, TotalFX holds a derivatives trading license, ensuring a regulated environment for traders. The broker has a relatively short operational history of 1-2 years, providing services that cater […]
FOREX BLEND is a forex broker founded in 2023 and based in Colombia. Despite its recent establishment, the broker operates without any valid regulatory oversight, making it a potentially risky option for traders. The lack of regulation raises concerns about the safety and legitimacy of its operations, and prospective clients are advised to exercise caution. […]
Damu, established in 2025 and headquartered in the Marshall Islands, operates as an unregulated forex broker. With a brief operational history of 1-2 years, Damu offers trading services across various financial instruments, including forex, commodities, stocks, and indices. However, it is crucial to note that Damu lacks valid regulatory oversight, which raises concerns regarding its […]
Combat Capital Markets, founded in 2023 and headquartered in Tbilisi, Georgia, operates as an unregulated forex broker. Despite its short operational history, it provides access to various trading instruments, including forex, stocks, cryptocurrencies, and commodities. However, potential traders should be aware of the broker’s lack of regulation, which may pose inherent risks. As a result, […]
IMPULSE WORLD, established in 2022 and headquartered in the United States, is a forex broker that operates without any regulatory oversight. This unregulated status raises concerns about safety and trustworthiness, as it lacks the necessary licenses from recognized financial authorities. Despite its short operational history, the broker offers a variety of trading instruments including forex, […]
Master Door FX, founded in the United States, has been operating for a few years and is based in Miami, Florida. However, it is important to note that the broker is currently unregulated, which raises concerns about its credibility and the safety of trading with them. Without oversight from reputable financial authorities, potential traders should […]
Founded in 2022 and headquartered in the United Arab Emirates, Dreem FX is a relatively new entrant in the forex brokerage market, operating without any regulatory oversight from recognized financial authorities. This lack of regulation raises potential concerns for traders regarding the safety and security of their funds. Despite its recent establishment, Dreem FX aims […]
Capital Nine Global is a forex broker established in 2023 and headquartered in Saint Lucia. Operating without regulatory oversight, it provides a range of trading services across various financial instruments, including forex, indices, metals, energy, and stocks. As a relatively new entrant in the market, it markets itself with features such as negative balance protection […]
