AMarkets
No tier-1 licence found; international clients are served by offshore entities. Confirm which entity your agreement names.
The group lists 3 entities: AMarkets LTD; AMarkets LLC; AMarkets LTD (SVG). An offshore entity (Comoros (Mwali), Cook Islands, St Vincent and the Grenadines) exists and may offer materially higher leverage; confirm which entity your account agreement names.
Caution means: The firm is licensed somewhere we can verify, but part of the business sits under weaker supervision — an offshore entity, leverage far above Tier-1 retail caps, or a register entry that does not cover everything the firm advertises.
Regulator record
Licence and registration references as recorded on each authority's own register.
| Regulator | Jurisdiction | Reference no. | Tier | Standing |
|---|---|---|---|---|
| Mwali International Services Authority (MISA), Comoros | Comoros (Mwali) | T2023284 | T3 | Active |
| None — Cook Islands company registration only (LLC14486/2023) | Cook Islands | — | T3 | Not registered |
| None — St Vincent and the Grenadines company registration only (22567 BC 2015) | St Vincent and the Grenadines | — | T3 | Not registered |
Scroll sideways — the regulator column stays pinned.
Reference numbers are reproduced as published so you can paste them straight into the regulator's search. If a number on a broker's website does not return that broker on the regulator's own register, treat the site as unverified.
Regulatory timeline
Published notices and alert-list entries recorded against this entity.
No published notices on record
At our last check on 2026-09-06 we found no published warning notice or alert-list entry naming this entity on the registers we monitor. That is a statement about what we found on a given date, not a guarantee about the future — re-check before you deposit.
Register office checks
7 checks anyone can repeat against public sources.
| Result | Check | Finding |
|---|---|---|
| Pass | Established Date | The business was established in October 2007 under the brand name Adrenalin Forex. |
| Not Verified | Headquarters Verification | No registered head office stated on the site pages read. |
| Fail | Tier-1/EU Regulation | AMarkets holds no licence from a tier-1 or EU regulator. |
| Pass | Mwali (Comoros) Licence | AMarkets LTD is licensed by the Mwali International Services Authority (MISA), Comoros, under licence number T2023284. |
| Warn | Cook Islands Registration | AMarkets LLC is registered in the Cook Islands (LLC14486/2023); this registry does not supervise forex trading. |
| Warn | St Vincent and the Grenadines Registration | AMarkets LTD is registered in St Vincent and the Grenadines (22567 BC 2015); this registry does not supervise forex trading. |
| Not Verified | Client Fund Protections | The status of segregated funds and negative balance protection for clients has not been verified. |
Understanding Forex Broker Regulation
Forex broker regulation is designed to provide oversight and protection for traders. Reputable regulators establish rules concerning capital requirements, client fund segregation, fair trading practices, and dispute resolution mechanisms. These measures aim to safeguard client money, ensure market integrity, and provide a clear path for grievances if issues arise. Regulators typically monitor brokers for compliance, conduct audits, and can impose penalties or revoke licences for non-compliance. While regulation offers a layer of security, the specific protections can vary significantly depending on the jurisdiction and the regulatory body involved. Traders should always research the regulatory framework applicable to their chosen broker and understand its limitations.
AMarkets' Regulatory Framework
AMarkets operates with a licence from the Mwali International Services Authority (MISA) in Comoros, specifically for its entity AMarkets LTD (licence T2023284). The company also has entities registered in the Cook Islands (AMarkets LLC, LLC14486/2023) and St Vincent and the Grenadines (AMarkets LTD (SVG), 22567 BC 2015). It is crucial to understand that while MISA does provide regulatory supervision for forex trading, the Cook Islands and St Vincent and the Grenadines registries serve solely for company registration and do not offer oversight for forex brokerage activities. This multi-entity structure means that the level of regulatory protection can depend on which specific entity a client registers with. The brand does not possess any licences from tier-1 or EU financial regulatory authorities, which typically offer more stringent oversight and client protections.
Verifying Regulatory Status
To independently verify AMarkets' stated regulatory information, clients can consult the official register of the Mwali International Services Authority (MISA). By using the provided licence number, T2023284, one can confirm the active status of AMarkets LTD's licence. For the Cook Islands and St Vincent and the Grenadines registrations, their respective company registries can be checked using the provided registration numbers. However, it is essential to reiterate that these are company registrations and do not imply regulatory supervision of forex trading. Always prioritize checking directly with the regulator's official website rather than relying solely on information provided on the broker's site, as this ensures the most current and accurate data. Understanding which entity you are dealing with is paramount.
What Regulation Does Not Cover
It is important to recognize that even with regulation, certain risks inherent in forex trading remain. Regulation does not guarantee trading profits, nor does it protect against poor market decisions or general market volatility. Traders can still lose money if their strategies are unsuccessful or if market conditions move against their positions. Furthermore, while regulation aims to ensure fair practices, it does not typically cover disputes related to trading performance or strategic choices. Issues such as platform glitches, execution speeds, or specific trading conditions might fall outside direct regulatory intervention, depending on the severity and local regulations. Traders must conduct their own due diligence, understand the risks, and never invest more than they can afford to lose.
Our Assessment of AMarkets
Based on our verification, AMarkets is regulated by the Mwali International Services Authority (MISA) through its AMarkets LTD entity. This provides a certain level of regulatory oversight. However, the absence of a tier-1 or EU regulatory licence means that clients might not benefit from the enhanced protections often associated with such jurisdictions, including potential compensation schemes or stricter operational requirements. The presence of entities registered in the Cook Islands and St Vincent and the Grenadines, which do not supervise forex trading, further emphasizes the offshore nature of some of the brand's operations. Potential clients should carefully consider these factors and understand the specific entity they are signing up with, as the level of protection may vary accordingly. The status of client fund segregation and negative balance protection remains unverified.
User reports
Moderated accounts submitted by readers. Not regulatory evidence.
Reports are published only after a person reads them. A report marked verified means the reporter supplied supporting documentation we were able to check. An unverified report is one person's account and does not change this entity's status.
Submit a reportNo moderated reports have been published against this record yet. If you have dealt with this firm, tell the register office.
Sources
Every source below was retrieved from the publisher's own site.
- Mwali International Services Authority (MISA), ComorosCompany/legal page — AMarkets LTDhttps://www.amarkets.com/about-amarkets/regulation/RETRIEVED 2026-09-06
Frequently asked
Is AMarkets regulated by a Tier-1 authority?
No, AMarkets holds no licence from a tier-1 or EU regulator. Their primary forex trading licence is from the Mwali International Services Authority (MISA) in Comoros.
What does the MISA licence mean for traders?
The Mwali International Services Authority (MISA) supervises AMarkets LTD, providing regulatory oversight for clients onboarded through this specific entity. This regulation aims to ensure certain operational standards and client protections.
Are client funds protected with AMarkets?
The status of segregated funds and negative balance protection for AMarkets clients has not been verified. Clients should review AMarkets' official terms and conditions to understand specific fund protection measures and the associated risks.