Founded in 2023, Illuminati Markets Limited is a forex broker headquartered in the United States, offering a variety of trading options including forex, indices, cryptocurrencies, and commodities such as precious metals and crude oil. Despite its diverse product offerings, the broker’s regulatory status has raised concerns, as its license from the Australian Securities and Investments […]

Mansa-X, founded in 2019 and headquartered in Kenya, operates within an unregulated environment, posing potential risks to its clients. The broker offers various financial services, including investment management, but lacks oversight from recognized regulatory bodies. This absence of regulation raises concerns about transparency and accountability, making it essential for traders to exercise caution when considering […]

Halcyon Capital Limited, established in 2013 and headquartered in Hong Kong, operates under the regulatory oversight of the Securities and Futures Commission (SFC) of Hong Kong, holding License No. BAM857. The broker specializes in corporate finance advisory services, particularly in Initial Public Offerings (IPOs) and Mergers and Acquisitions (M&A). With nearly a decade of operational […]

UTS, also known as Union Trader Society, is an online forex broker that was established approximately five years ago and is headquartered in the United States. Despite its operational history, UTS lacks regulation from any notable financial authority, raising significant concerns regarding compliance and investor protection. The absence of oversight from recognized bodies means that […]

SurgeTrader is an unregulated forex broker founded in 2022 and headquartered in Naples, Florida. Despite its relatively short operational history, SurgeTrader has quickly established itself in the competitive forex trading landscape, offering a range of trading services. However, it is important to note that SurgeTrader operates without any regulatory oversight, which raises potential concerns regarding […]

Founded in 2021 and headquartered in the United Kingdom, Beraring International Co., Ltd has been operating for a few years within the forex trading sector. The broker claims to offer a range of trading services, yet it currently lacks valid regulation from reputable financial authorities, raising potential concerns about its operational legitimacy and safety for […]

VINIL is a forex broker established in 2024 and headquartered in the Cayman Islands. Although it operates under the supervision of the Financial Conduct Authority (FCA) in the UK, its regulatory status raises concerns due to limited transparency and the absence of a full forex trading license. With a brief operational history, potential clients are […]

ProMarkets Finance, founded in recent years and headquartered in the British Virgin Islands, offers a unique trading experience despite its lack of regulatory oversight. The broker operates without validation from recognized financial authorities, which raises significant concerns about its transparency and the security of clients’ funds. Traders should be aware of the potential risks associated […]

Amber Invest, established in 2023 and headquartered in Singapore, operates as a forex broker providing a variety of account types tailored to different investor profiles. However, it is important to note that Amber Invest is not regulated by any financial authority, which raises concerns about investor protection and oversight. This lack of regulatory status means […]

Dutch Prime Securities, established roughly 5-10 years ago, is headquartered in Saint Vincent and the Grenadines. The broker operates within the financial services sector, providing a range of trading options to clients globally. However, it is important to note that Dutch Prime lacks a formal forex trading license, raising significant concerns regarding regulatory oversight and […]

MultiBank Group Limited, founded in 2018 and headquartered in the United States, operates as a trading platform that allows access to a diverse range of financial instruments. Despite its relatively short operational history, the broker is notable for its lack of regulation, which raises significant concerns regarding investor protection and adherence to financial standards. Operating […]

MGMC is a forex broker established in 2010, with its headquarters located in Belize. Operating for over a decade, MGMC provides trading services without a valid forex regulation, which poses potential risks for traders. The lack of oversight from recognized financial authorities may raise concerns regarding the safety and trustworthiness of their operations. As such, […]