Licensed brokers
These entities hold at least one licence we located on a regulator's own public register. A licence is a floor, not a guarantee — read the caveats column, because most of these groups also run an offshore entity with materially weaker protection.
- licensed records
- 140
- verified
- 13
- with caveats
- 118
- last sync
- 2026-11-05
| Broker | Status | ID | Founded | HQ | Lic. | Register finding | Checked |
|---|---|---|---|---|---|---|---|
| AAAFxHCMC · FSCA | Caution | BW-3017 | 2010 | Greece | 2 | Licensed by tier-2 regulators. No tier-1 licence found on the registers checked. | 2026-09-06 |
| ActivTradesFinancial Conduct Authority (UK) | Caution | BW-1101 | — | not examined | 1 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| ACY SecuritiesAustralian Securities and Investments Commission | Caution | BW-3018 | — | not examined | 1 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| AdmiralsCyprus Securities and Exchange Commission · Dutch Authority for the Financial Markets | Caution | BW-1102 | — | not examined | 2 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| ADSSCapital Market Authority (CMA) UAE, formerly SCA · FCA (authorisation ended) | Caution | BW-1103 | 2011 | United Arab Emirates | 2 | At least one licence (FCA) is not currently active. Treat regulator cover entity by entity. | 2026-09-06 |
| AETOS Capital GroupASIC · FCA · CIMA | Caution | BW-3019 | 2007 | Australia | 3 | At least one licence (FCA) is not currently active. Treat regulator cover entity by entity. | 2026-09-06 |
| Alchemy Markets (Malta)MFSA · FSA Seychelles | Caution | BW-3020 | 2014 | Malta | 2 | No tier-1 licence found; international clients are served by offshore entities. Confirm which entity your agreement names. | 2026-09-06 |
| AlpariMwali International Services Authority (MISA), Comoros | Caution | BW-1104 | 1998 | Comoros (Mohéli) | 1 | No tier-1 licence found; international clients are served by offshore entities. Confirm which entity your agreement names. | 2026-08-20 |
| AMarketsMwali International Services Authority (MISA), Comoros · None — Cook Islands company registration only (LLC14486/2023) · None — St Vincent and the Grenadines company registration only (22567 BC 2015) | Caution | BW-1105 | 2007 | Comoros (Mwali) | 3 | No tier-1 licence found; international clients are served by offshore entities. Confirm which entity your agreement names. | 2026-09-06 |
| ATC BrokersFinancial Conduct Authority (UK) · Cayman Islands Monetary Authority · Financial Services Authority (Seychelles) | Caution | BW-3021 | — | not examined | 3 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| ATFXFinancial Conduct Authority (UK) | Caution | BW-1106 | — | not examined | 1 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| AUS GlobalASIC · CySEC · FSCA · SCA (UAE) · FSC Mauritius | Caution | BW-3022 | — | Australia | 5 | Tier-1 licences exist, but international clients are typically onboarded by a weaker offshore entity. | 2026-09-06 |
| AvaTradeCentral Bank of Ireland | Caution | BW-1009 | — | not examined | 1 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| AxiAustralian Securities and Investments Commission | Caution | BW-1107 | — | not examined | 1 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| AxioryFSC Belize · FSC Mauritius | Caution | BW-1108 | — | Belize | 2 | No tier-1 licence found; international clients are served by offshore entities. Confirm which entity your agreement names. | 2026-09-06 |
| BlackBull MarketsFMA New Zealand · FSA Seychelles | Caution | BW-1109 | 2014 | New Zealand | 2 | No tier-1 licence found; international clients are served by offshore entities. Confirm which entity your agreement names. | 2026-09-06 |
| Blueberry (formerly Blueberry Markets)ASIC · FSC Mauritius · VFSC (Vanuatu Financial Services Commission) | Caution | BW-1110 | — | Australia | 3 | Tier-1 licences exist, but international clients are typically onboarded by a weaker offshore entity. | 2026-09-06 |
| Capital.comAustralian Securities and Investments Commission · Cyprus Securities and Exchange Commission · Financial Conduct Authority (UK) | Caution | BW-1111 | — | not examined | 3 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-09 |
| Century FinancialSCA (UAE Securities and Commodities Authority / Capital Market Authority) | Caution | BW-1112 | 1989 | United Arab Emirates | 1 | Licensed by tier-2 regulators. No tier-1 licence found on the registers checked. | 2026-08-20 |
| City Credit CapitalFCA | Caution | BW-3023 | 2001 | United Kingdom | 1 | At least one licence (FCA) is not currently active. Treat regulator cover entity by entity. | 2026-09-06 |
| City IndexFinancial Conduct Authority (UK) | Caution | BW-1114 | — | not examined | 1 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-09 |
| CMC MarketsFinancial Conduct Authority (UK) | Caution | BW-1115 | — | not examined | 1 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| CommexFXCySEC | Caution | BW-3024 | — | Cyprus | 1 | At least one licence (CySEC) is not currently active. Treat regulator cover entity by entity. | 2026-09-06 |
| CPT MarketsFCA · FSC Belize · FSCA South Africa · Capital Market Authority, UAE (as named by the broker) | Caution | BW-1116 | — | UK | 4 | Tier-1 licences exist, but international clients are typically onboarded by a weaker offshore entity. | 2026-09-06 |
| D Prime (formerly Doo Prime)FCA · ASIC · SEC / FINRA (US broker-dealer, group affiliate) · FSA Seychelles · VFSC | Caution | BW-1119 | 2014 | United Kingdom | 5 | At least one licence (FSA Seychelles) is not currently active. Treat regulator cover entity by entity. | 2026-09-06 |
| DeltaStockFSC Bulgaria | Caution | BW-3025 | — | Bulgaria | 1 | Licensed by tier-2 regulators. No tier-1 licence found on the registers checked. | 2026-09-06 |
| easyMarketsCySEC · ASIC · FSA Seychelles · BVI FSC | Caution | BW-1121 | 2001 | Cyprus | 4 | Tier-1 licences exist, but international clients are typically onboarded by a weaker offshore entity. | 2026-09-06 |
| EightcapAustralian Securities and Investments Commission · Cyprus Securities and Exchange Commission · Financial Conduct Authority (UK) · Financial Services Authority (Seychelles) | Caution | BW-1122 | — | not examined | 4 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| EquitiFinancial Conduct Authority (UK) | Caution | BW-1123 | — | not examined | 1 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| ErranteCyprus Securities and Exchange Commission | Caution | BW-1124 | — | not examined | 1 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| eToroCyprus Securities and Exchange Commission · Financial Conduct Authority (UK) | Caution | BW-1007 | — | not examined | 2 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| EurotraderCySEC · FSC Mauritius | Caution | BW-3026 | 2015 | Cyprus | 2 | No tier-1 licence found; international clients are served by offshore entities. Confirm which entity your agreement names. | 2026-09-06 |
| Exclusive MarketsFSA Seychelles | Caution | BW-1125 | — | Seychelles | 1 | No tier-1 licence found; international clients are served by offshore entities. Confirm which entity your agreement names. | 2026-08-20 |
| ExnessVanuatu Financial Services Commission · Cyprus Securities and Exchange Commission · British Virgin Islands Financial Services Commission | Caution | BW-1008 | — | not examined | 3 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| FBSCySEC · FSC Belize | Caution | BW-1126 | 2009 | Cyprus | 2 | No tier-1 licence found; international clients are served by offshore entities. Confirm which entity your agreement names. | 2026-09-06 |
| FondexCySEC · FSA Seychelles | Caution | BW-1127 | — | Cyprus | 2 | No tier-1 licence found; international clients are served by offshore entities. Confirm which entity your agreement names. | 2026-09-06 |
| FortradeFCA · CIRO · ASIC · CySEC · DFSA · FSC Mauritius | Caution | BW-1129 | — | United Kingdom | 6 | Tier-1 licences exist, but international clients are typically onboarded by a weaker offshore entity. | 2026-09-06 |
| FP MarketsCyprus Securities and Exchange Commission | Caution | BW-1130 | — | not examined | 1 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| FreshForexNone — St Vincent and the Grenadines company registration only (20623 BC 2012) | Caution | BW-1131 | — | St Vincent and the Grenadines | 1 | No tier-1 licence found; international clients are served by offshore entities. Confirm which entity your agreement names. | 2026-08-20 |
| Fusion MarketsASIC · FSA Seychelles · VFSC | Caution | BW-1132 | 2017 | Australia | 3 | Tier-1 licences exist, but international clients are typically onboarded by a weaker offshore entity. | 2026-09-06 |
| FXCCCyprus Securities and Exchange Commission | Caution | BW-3028 | — | not examined | 1 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| FXCMFinancial Conduct Authority (UK) | Caution | BW-1133 | — | not examined | 1 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| FXDDMFSA | Caution | BW-3029 | 2003 | Malta | 1 | At least one licence (MFSA) is not currently active. Treat regulator cover entity by entity. | 2026-09-06 |
| FXGMCySEC | Caution | BW-3030 | 2011 | Cyprus | 1 | Licensed by tier-2 regulators. No tier-1 licence found on the registers checked. | 2026-09-06 |
| FXGT.comFSA Seychelles · FSCA · VFSC (Vanuatu Financial Services Commission) | Caution | BW-1134 | — | Seychelles | 3 | No tier-1 licence found; international clients are served by offshore entities. Confirm which entity your agreement names. | 2026-09-06 |
| FXOpenFinancial Conduct Authority (UK) · Cyprus Securities and Exchange Commission | Caution | BW-1135 | — | not examined | 2 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| FXPIGVFSC | Caution | BW-3031 | — | Vanuatu | 1 | No tier-1 licence found; international clients are served by offshore entities. Confirm which entity your agreement names. | 2026-09-06 |
| FXPRIMUSCyprus Securities and Exchange Commission · Polish Financial Supervision Authority | Caution | BW-1136 | — | not examined | 2 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| FxPro Global Markets LimitedCyprus Securities and Exchange Commission · Financial Conduct Authority (UK) | Caution | BW-1006 | — | not examined | 2 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-09 |
| FXTMFinancial Conduct Authority (UK) | Caution | BW-1137 | — | not examined | 1 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| GKFX / GKEuropeMFSA · FCA | Caution | BW-3032 | — | Malta | 2 | At least one licence (FCA) is not currently active. Treat regulator cover entity by entity. | 2026-09-06 |
| Global GTFSCA · FSA Seychelles | Caution | BW-3033 | — | South Africa | 2 | No tier-1 licence found; international clients are served by offshore entities. Confirm which entity your agreement names. | 2026-09-06 |
| Global PrimeAustralian Securities and Investments Commission | Caution | BW-1138 | — | not examined | 1 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| GO MarketsCyprus Securities and Exchange Commission | Caution | BW-1139 | — | not examined | 1 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| Grand CapitalMISA (Mwali International Services Authority, Comoros) | Caution | BW-1140 | 2006 | Union of the Comoros | 1 | No tier-1 licence found; international clients are served by offshore entities. Confirm which entity your agreement names. | 2026-08-20 |
| Gulf BrokersFSA Seychelles | Caution | BW-1141 | — | Seychelles | 1 | No tier-1 licence found; international clients are served by offshore entities. Confirm which entity your agreement names. | 2026-08-20 |
| Hantec MarketsFinancial Conduct Authority (UK) | Caution | BW-1142 | — | not examined | 1 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| HF Markets (SV) LtdCapital Markets Authority (Kenya) · Cyprus Securities and Exchange Commission · Financial Conduct Authority (UK) | Caution | BW-1143 | — | not examined | 3 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-09 |
| HYCMFinancial Conduct Authority (UK) | Caution | BW-1144 | — | not examined | 1 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| IC MarketsCyprus Securities and Exchange Commission · Financial Conduct Authority (UK) | Caution | BW-1002 | — | not examined | 2 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| iFOREXCyprus Securities and Exchange Commission | Caution | BW-3034 | — | not examined | 1 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| INFINOXFinancial Conduct Authority (UK) | Caution | BW-3035 | — | not examined | 1 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| InstaForexCySEC | Caution | BW-1146 | 2007 | Cyprus | 1 | Licensed by tier-2 regulators. No tier-1 licence found on the registers checked. | 2026-08-20 |
| IQ OptionCySEC · None disclosed (Antigua and Barbuda registration ILLC 004) | Caution | BW-1148 | 2013 | Cyprus | 2 | No tier-1 licence found; international clients are served by offshore entities. Confirm which entity your agreement names. | 2026-09-06 |
| IronFXFCA · CySEC · Bermuda registration cited in IronFX terms of business · FSC British Virgin Islands | Caution | BW-1149 | — | United Kingdom | 4 | Tier-1 licences exist, but international clients are typically onboarded by a weaker offshore entity. | 2026-09-06 |
| JFD BrokersCySEC · VFSC | Caution | BW-3036 | 2011 | Cyprus | 2 | No tier-1 licence found; international clients are served by offshore entities. Confirm which entity your agreement names. | 2026-09-06 |
| JustMarketsCyprus Securities and Exchange Commission | Caution | BW-1151 | — | not examined | 1 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-09 |
| Key To MarketsFSC Mauritius · FCA (permissions no longer active) | Caution | BW-1152 | 2010 | Mauritius | 2 | At least one licence (FCA) is not currently active. Treat regulator cover entity by entity. | 2026-09-06 |
| Khwezi TradeFSCA | Caution | BW-3037 | 2013 | South Africa | 1 | Licensed by tier-2 regulators. No tier-1 licence found on the registers checked. | 2026-09-06 |
| KVB Kunlun (KVB)ASIC · BAPPEBTI | Caution | BW-3038 | — | Australia | 2 | Tier-1 licences exist, but international clients are typically onboarded by a weaker offshore entity. | 2026-09-06 |
| Land PrimeFSC Mauritius · None — St Vincent and the Grenadines IBC registration only (23627 IBC 2016) | Caution | BW-1153 | 2013 | Mauritius | 2 | No tier-1 licence found; international clients are served by offshore entities. Confirm which entity your agreement names. | 2026-09-06 |
| LegacyFXCySEC | Caution | BW-3040 | — | Cyprus | 1 | Licensed by tier-2 regulators. No tier-1 licence found on the registers checked. | 2026-09-06 |
| LibertexCyprus Securities and Exchange Commission | Caution | BW-1154 | — | not examined | 1 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| LiteFinanceCyprus Securities and Exchange Commission | Caution | BW-1155 | — | not examined | 1 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| LMAX GlobalCyprus Securities and Exchange Commission · Financial Conduct Authority (UK) · Australian Securities and Investments Commission | Caution | BW-1156 | — | not examined | 3 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| Markets.comCyprus Securities and Exchange Commission | Caution | BW-1158 | — | not examined | 1 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-09 |
| Markets4you (formerly Forex4you)FSC British Virgin Islands · FSC Mauritius | Caution | BW-1128 | 2007 | British Virgin Islands | 2 | No tier-1 licence found; international clients are served by offshore entities. Confirm which entity your agreement names. | 2026-09-06 |
| Milton MarketsFSA Seychelles · None — Saint Lucia company registration only (2023-00166) | Caution | BW-1159 | 2016 | Seychelles | 2 | No tier-1 licence found; international clients are served by offshore entities. Confirm which entity your agreement names. | 2026-09-06 |
| Moneta MarketsFinancial Sector Conduct Authority (South Africa) | Caution | BW-1160 | — | not examined | 1 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| NAGACyprus Securities and Exchange Commission | Caution | BW-1161 | — | not examined | 1 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| NinjaTraderNational Futures Association (US) | Caution | BW-1162 | — | not examined | 1 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| NordFXNone — Saint Lucia company registration only · FSA Seychelles · FSC Mauritius | Caution | BW-1163 | — | Saint Lucia | 3 | No tier-1 licence found; international clients are served by offshore entities. Confirm which entity your agreement names. | 2026-09-06 |
| OANDAFinancial Conduct Authority (UK) | Caution | BW-1004 | — | not examined | 1 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| OctaCyprus Securities and Exchange Commission | Caution | BW-1164 | — | not examined | 1 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| OneRoyalASIC · CySEC · VFSC · FSA SVG (company registration only) | Caution | BW-3041 | — | Australia | 4 | Tier-1 licences exist, but international clients are typically onboarded by a weaker offshore entity. | 2026-09-06 |
| OrbexCyprus Securities and Exchange Commission | Caution | BW-1166 | — | not examined | 1 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| Pepperstone Markets LimitedCapital Markets Authority (Kenya) · Financial Conduct Authority (UK) · Securities Commission of The Bahamas | Caution | BW-1001 | — | not examined | 3 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| Plus500Cyprus Securities and Exchange Commission · Financial Conduct Authority (UK) | Caution | BW-1010 | — | not examined | 2 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-09 |
| PU PrimeAustralian Securities and Investments Commission | Caution | BW-1167 | — | not examined | 1 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| Purple TradingCyprus Securities and Exchange Commission | Caution | BW-1168 | — | not examined | 1 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| RoboForexFSC Belize · CySEC | Caution | BW-1170 | 2009 | Belize | 2 | No tier-1 licence found; international clients are served by offshore entities. Confirm which entity your agreement names. | 2026-09-06 |
| Scope MarketsCySEC · FSA Seychelles · FSC Mauritius · FSCA South Africa · FSC Belize · CMA Kenya | Caution | BW-1172 | 2014 | Cyprus | 6 | No tier-1 licence found; international clients are served by offshore entities. Confirm which entity your agreement names. | 2026-09-06 |
| SkillingCySEC · FSA Seychelles | Caution | BW-1173 | 2016 | Cyprus | 2 | No tier-1 licence found; international clients are served by offshore entities. Confirm which entity your agreement names. | 2026-09-06 |
| SpreadexFinancial Conduct Authority (UK) | Caution | BW-1174 | — | not examined | 1 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-09 |
| Squared FinancialCySEC (licence under voluntary renunciation) · None confirmed — named in a CySEC settlement decision | Caution | BW-1175 | — | Cyprus | 2 | At least one licence (CySEC) is not currently active. Treat regulator cover entity by entity. | 2026-09-06 |
| STARTRADERFSA Seychelles · FSCA · ASIC · CMA (UAE) · FSC Mauritius · FCA · None — Cyprus company registration (payment facilitation only) | Caution | BW-1176 | 2019 | Seychelles | 7 | At least one licence (FCA) is not currently active. Treat regulator cover entity by entity. | 2026-09-06 |
| SwissquoteComisión Nacional del Mercado de Valores (Spain) · Monetary Authority of Singapore | Caution | BW-1177 | — | not examined | 2 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| TF Global Markets (STL) LimitedCyprus Securities and Exchange Commission | Caution | BW-1180 | — | not examined | 1 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-09 |
| ThreeTraderVFSC (Vanuatu Financial Services Commission) · FSC Mauritius | Caution | BW-1181 | 2021 | Vanuatu | 2 | No tier-1 licence found; international clients are served by offshore entities. Confirm which entity your agreement names. | 2026-09-06 |
| Tickmill LtdCyprus Securities and Exchange Commission · Financial Conduct Authority (UK) · Financial Services Authority (Seychelles) | Caution | BW-1182 | — | not examined | 3 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-09 |
| TIOmarketsFCA · FSA Seychelles · MISA (Mwali International Services Authority, Comoros) · None (SVG company registration only) | Caution | BW-1183 | 2019 | United Kingdom | 4 | Tier-1 licences exist, but international clients are typically onboarded by a weaker offshore entity. | 2026-09-06 |
| TitanFXVFSC (Vanuatu Financial Services Commission) · BVI Financial Services Commission · FSC Mauritius | Caution | BW-1184 | — | Vanuatu | 3 | No tier-1 licence found; international clients are served by offshore entities. Confirm which entity your agreement names. | 2026-09-06 |
| TMGMAustralian Securities and Investments Commission | Caution | BW-1185 | — | not examined | 1 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| TopFXCySEC · FSA Seychelles | Caution | BW-3043 | — | Cyprus | 2 | No tier-1 licence found; international clients are served by offshore entities. Confirm which entity your agreement names. | 2026-09-06 |
| Trade NationFinancial Conduct Authority (UK) | Caution | BW-1186 | — | not examined | 1 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| TRADE.comCyprus Securities and Exchange Commission | Caution | BW-3044 | — | not examined | 1 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| Traders TrustFSA Seychelles · CySEC (licence surrendered — voluntary renunciation) | Caution | BW-1187 | 2009 | Seychelles | 2 | At least one licence (CySEC) is not currently active. Treat regulator cover entity by entity. | 2026-09-06 |
| Trive FinancialFSC Mauritius · FSCA South Africa · MFSA Malta · ASIC · FSC British Virgin Islands | Caution | BW-1190 | — | Mauritius | 5 | At least one licence (ASIC) is not currently active. Treat regulator cover entity by entity. | 2026-09-06 |
| UFXCySEC | Caution | BW-3045 | 2010 | Cyprus | 1 | At least one licence (CySEC) is not currently active. Treat regulator cover entity by entity. | 2026-09-06 |
| Ultima MarketsFSC Mauritius · FSCA · FCA · None — Estonian company registration (payment facilitation only) | Caution | BW-1191 | 2016 | Mauritius | 4 | Tier-1 licences exist, but international clients are typically onboarded by a weaker offshore entity. | 2026-09-06 |
| ValutradesFCA · FSA Seychelles | Caution | BW-1192 | 2012 | UK | 2 | Tier-1 licences exist, but international clients are typically onboarded by a weaker offshore entity. | 2026-09-06 |
| VantageFinancial Conduct Authority (UK) | Caution | BW-1193 | — | not examined | 1 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| WeltradeFinancial Sector Conduct Authority (South Africa) | Caution | BW-1195 | — | not examined | 1 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| Windsor BrokersCapital Markets Authority (Kenya) | Caution | BW-1196 | — | not examined | 1 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| XGLOBAL MarketsCySEC | Caution | BW-3046 | 2012 | Cyprus | 1 | Licensed by tier-2 regulators. No tier-1 licence found on the registers checked. | 2026-09-06 |
| XM Global LimitedCyprus Securities and Exchange Commission | Caution | BW-1003 | — | not examined | 1 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| XS.comASIC · CySEC · FSCA · UAE Securities and Commodities Authority (SCA) · FSA Seychelles · Labuan FSA · FSC Mauritius | Caution | BW-1197 | 2010 | Australia | 7 | Tier-1 licences exist, but international clients are typically onboarded by a weaker offshore entity. | 2026-09-06 |
| XtradeFSC Bulgaria · FSC Belize · FSA Seychelles · FSCA · Offshore Finance Authority of Anjouan (Comoros) | Caution | BW-3047 | — | Bulgaria | 5 | No tier-1 licence found; international clients are served by offshore entities. Confirm which entity your agreement names. | 2026-09-06 |
| Charles Schwab Futures and ForexCFTC / NFA | Verified | BW-1113 | — | United States | 1 | Active tier-1 authorisation found on the regulators' own registers. No published warning located. | 2026-08-20 |
| DukascopyFINMA · Latvijas Banka (Bank of Latvia) | Verified | BW-1120 | 2004 | Switzerland | 2 | Active tier-1 authorisation found on the regulators' own registers. No published warning located. | 2026-09-06 |
| Fineco BankBank of Italy · FCA · PRA | Verified | BW-3027 | 1999 | Italy | 3 | Active tier-1 authorisation found on the regulators' own registers. No published warning located. | 2026-09-06 |
| FOREX.comCFTC / NFA · FCA · ASIC · CIRO · CIMA | Verified | BW-1005 | 2001 | United States | 5 | US CFTC registration plus UK and Australian Tier-1 authorisations located. | 2026-08-04 |
| IG GroupFCA · FCA · BaFin · FINMA · ASIC · MAS · NFA/CFTC | Verified | BW-1145 | 1974 | UK | 7 | Active tier-1 authorisation found on the regulators' own registers. No published warning located. | 2026-09-06 |
| Interactive BrokersFinancial Conduct Authority (UK) · Securities and Exchange Commission (US) | Verified | BW-1147 | — | not examined | 2 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| IUX.comAustralian Securities and Investments Commission | Verified | BW-1150 | — | not examined | 1 | Current registration evidence is listed below. An unexamined field remains unknown. | 2026-10 |
| One Financial MarketsFCA | Verified | BW-1165 | 2007 | UK | 1 | Active tier-1 authorisation found on the regulators' own registers. No published warning located. | 2026-08-20 |
| Rakuten Securities AustraliaASIC | Verified | BW-1169 | — | Australia | 1 | Active tier-1 authorisation found on the regulators' own registers. No published warning located. | 2026-08-20 |
| Saxo BankDanish FSA (Finanstilsynet) · FCA · FINMA · MAS · FSA Japan · ASIC | Verified | BW-1171 | 1992 | Denmark | 6 | Active tier-1 authorisation found on the regulators' own registers. No published warning located. | 2026-09-15 |
| tastyfxCFTC / NFA | Verified | BW-1178 | — | United States | 1 | Active tier-1 authorisation found on the regulators' own registers. No published warning located. | 2026-08-20 |
| TradeStation GlobalFCA | Verified | BW-1188 | 2004 | United Kingdom | 1 | Active tier-1 authorisation found on the regulators' own registers. No published warning located. | 2026-08-20 |
| XTBKNF · FCA · CySEC | Verified | BW-1198 | 2002 | Poland | 3 | Active tier-1 authorisation found on the regulators' own registers. No published warning located. | 2026-09-06 |
| Decode GlobalASIC · VFSC · FSC Mauritius | Warning | BW-1117 | 2004 | Australia | 3 | The Monetary Authority of Singapore lists 'Decode Global; Decode Global Capital Pte Ltd' on its Investor Alert List of persons who may be wrongly perceived as licensed by MAS. | 2026-09-06 |
| DerivMFSA · BVI FSC · CIMA · FSC Mauritius · VFSC · Labuan FSA · None (SVG FSA does not regulate forex) | Warning | BW-1118 | 1999 | Malta | 7 | A regulator's published alert list names this brand; read the linked notice and confirm the legal entity before acting. | 2026-09-06 |
| Kwakol MarketsNone verified | Warning | BW-3039 | — | Nigeria (marketing claims US/HK/NG/AU offices) | 1 | A regulator's published alert list names this brand; read the linked notice and confirm the legal entity before acting. | 2026-09-06 |
| M4MarketsCyprus Securities and Exchange Commission · Financial Services Authority (Seychelles) | Warning | BW-1157 | — | not examined | 2 | A regulator's published alert list names this brand; read the linked notice and confirm the legal entity before acting. | 2026-10 |
| T4TradeFSA Seychelles | Warning | BW-3042 | — | Seychelles | 1 | A regulator's published alert list names this brand; read the linked notice and confirm the legal entity before acting. | 2026-09-06 |
| TaurexFCA · FSA Seychelles · Capital Market Authority (CMA) UAE, formerly SCA · Bank of Sierra Leone · None (SVG FSA company registration only) | Warning | BW-1179 | 2017 | United Kingdom | 5 | The Securities Commission Malaysia's announcement dated 10 October 2025 lists Taurex among additions to its Investor Alert List; the SC describes the list as covering unauthorised websites, investment products, companies and individuals and advises the public not to deal with listed entities (https://www.sc.com.my/resources/media/investor-alert-updates/investor-alert-list-as-at-10102025). | 2026-09-06 |
| Trading 212Financial Conduct Authority (UK) | Warning | BW-1189 | — | not examined | 1 | A regulator's published alert list names this brand; read the linked notice and confirm the legal entity before acting. | 2026-10 |
| VT MarketsFinancial Sector Conduct Authority (South Africa) | Warning | BW-1194 | — | not examined | 1 | A regulator's published alert list names this brand; read the linked notice and confirm the legal entity before acting. | 2026-10 |
| Zero MarketsASIC · FMA New Zealand (FSP register) · FSC Mauritius | Warning | BW-1199 | — | Australia | 3 | The Securities Commission Malaysia's Investor Alert List announcement dated 15 December 2021 lists Zero Markets among the additions; the SC says the list contains unauthorised websites, investment products, companies and individuals (https://www.sc.com.my/resources/media/investor-alert-updates/investor-alert-list-as-at-15122021). | 2026-09-06 |
Scroll the register sideways — the firm column stays pinned.
Licence reference numbers for each broker are printed on its record page in monospace
so you can paste them directly into the regulator's search box.
What each record contains
Records with a full profile carry a longer written assessment on top of the register data.
| Broker | Profile | Summary |
|---|---|---|
| AAAFx | 7 checks | AAAFx: Regulated by Multiple Authorities |
| ActivTrades | 7 checks | ActivTrades: FCA Regulated, CSSF Sanction Noted, Global Presence |
| ACY Securities | 7 checks | ACY Securities: Multiple Regulatory Licenses with Onshore and Offshore Entities |
| Admirals | 7 checks | Caution Advised: Admirals' Estonian Licence Withdrawn, UK and Cyprus Remain Active |
| ADSS | 7 checks | Caution Advised for ADSS: FCA Authorisation Ended |
| AETOS Capital Group | 6 checks | Caution: AETOS Capital Group's Mixed Regulatory Status Detailed |
| Alchemy Markets (Malta) | 6 checks | Alchemy Markets: Dual Regulation with Malta and Seychelles Entities, MFSA Clone Warning Noted |
| Alpari | 6 checks | Alpari Regulated by Comoros MISA Authority, Offshore Supervision Noted |
| AMarkets | 7 checks | AMarkets: Offshore Regulation Present, No Tier-1 Licences Verified |
| ATC Brokers | 6 checks | ATC Brokers: Regulated by FCA, CIMA, and FSA Seychelles |
| ATFX | 10 checks | ATFX: Licensed Broker with Global Presence and Tier-1 Oversight |
| AUS Global | 7 checks | AUS Global: Multi-Jurisdictional Regulation by ASIC, CySEC, FSCA, and More |
| AvaTrade | 5 checks | AvaTrade: A Verified Broker with Robust International Regulation |
| Axi | 7 checks | Axi: Regulated Broker with Tier-1 Licences and Global Reach |
| Axiory | 7 checks | Axiory: Offshore Regulated Broker with External Dispute Resolution |
| BlackBull Markets | 6 checks | BlackBull Markets: FMA New Zealand and FSA Seychelles Regulated Broker |
| Blueberry (formerly Blueberry Markets) | 7 checks | Blueberry: ASIC, FSC Mauritius, and VFSC Regulated Broker |
| Capital.com | 6 checks | Capital.com: A Regulated Broker with Strong Global Presence |
| Century Financial | 7 checks | Century Financial: Regulated by UAE's SCA for Derivatives and Spot Currencies |
| City Credit Capital | 6 checks | Caution: City Credit Capital UK under restrictions and in liquidation. |
| City Index | 7 checks | City Index: Verified Regulation by FCA and ASIC for Trading Safety |
| CMC Markets | 6 checks | CMC Markets: A Verified Broker with Strong Regulatory Compliance |
| CommexFX | 7 checks | Caution: CommexFX CySEC Licence Withdrawn, Operations Inactive |
| CPT Markets | 6 checks | CPT Markets: FCA Regulated with a Critical Clone Firm Warning |
| D Prime (formerly Doo Prime) | 7 checks | Caution: D Prime's Offshore Operations Lack Robust Tier-1 Oversight |
| DeltaStock | 7 checks | DeltaStock: Regulated by Bulgaria's FSC for European Services |
| easyMarkets | 7 checks | easyMarkets: A Verified Broker with Global Regulatory Presence |
| Eightcap | 6 checks | Eightcap: Regulated Across Multiple Jurisdictions, FCA Clone Firm Warning Noted |
| Equiti | 7 checks | Equiti: Multiple Regulations Including Tier-1 FCA Oversight |
| Errante | 7 checks | Errante: Regulated Broker with EU (CySEC) and Offshore (FSA Seychelles) Entities |
| eToro | 5 checks | eToro: A Regulated Broker with Significant Oversight |
| Eurotrader | 6 checks | Eurotrader: Dual Regulation with CySEC and FSC Mauritius |
| Exclusive Markets | 7 checks | Exclusive Markets Regulated by Seychelles FSA: Essential Safety Profile |
| Exness | 5 checks | Exness: Understanding Regulation for Client Protection |
| FBS | 7 checks | FBS: CySEC Regulated for EU Clients, Offshore for International Traders |
| Fondex | 7 checks | Fondex: Regulated by CySEC (Cyprus) and FSA (Seychelles) via TopFX Group |
| Fortrade | 7 checks | Fortrade: Multi-Regulated Broker with Tier-1 Licenses |
| FP Markets | 7 checks | FP Markets: Verified Global Regulation and Client Protections |
| FreshForex | 5 checks | FreshForex: SVG Company Registration, No Forex Trading Licence Found |
| Fusion Markets | 7 checks | Fusion Markets: Multi-Licensed Broker with ASIC, FSA Seychelles, and VFSC Oversight |
| FXCC | 7 checks | FXCC: Regulated Broker with European and Offshore Entities |
| FXCM | 7 checks | FXCM: A Broker With Multiple Regulated Entities Since 1999 |
| FXDD | 6 checks | Caution: FXDD's Regulatory Status Unverified Post-Malta Licence Surrender |
| FXGM | 6 checks | FXGM: CySEC Regulated with Past Suspension and Polish KNF Warning |
| FXGT.com | 6 checks | FXGT.com: Regulated by FSCA, FSA Seychelles, and VFSC |
| FXOpen | 6 checks | FXOpen: Multiple Regulated Entities, ASIC Cancellation Noted |
| FXPIG | 6 checks | FXPIG Regulated by VFSC, License Status Requires Verification |
| FXPRIMUS | 5 checks | Caution: FXPrimus Features Past FSC Mauritius Licence Revocation |
| FxPro Global Markets Limited | 5 checks | FxPro: A Regulated Broker Offering Key Client Protections |
| FXTM | 7 checks | FXTM: Multi-Regulated Broker Under Exinity Group, Verified Licenses |
| GKFX / GKEurope | 6 checks | Caution: GKFX/GKEurope Regulatory Status Unclear, FCA Licence Inactive |
| Global GT | 6 checks | Global GT: Regulated by FSCA South Africa and FSA Seychelles |
| Global Prime | 8 checks | Global Prime: Verified Regulatory Status in Australia and Vanuatu |
| GO Markets | 7 checks | GO Markets: Regulated by Tier-1 ASIC, Offers Diverse Trading Options |
| Grand Capital | 7 checks | Grand Capital: Comoros-Regulated, Seychelles FSA Issues Public Warning |
| Gulf Brokers | 6 checks | Gulf Brokers: FSA Seychelles Regulated, Offshore Protections Apply |
| Hantec Markets | 6 checks | Hantec Markets: Multiple Regulated Entities, Tier-1 Oversight Present |
| HF Markets (SV) Ltd | 5 checks | HFM: Multi-Licensed Broker with Diverse Global Entities |
| HYCM | 6 checks | HYCM: Dual Regulation by FCA and DFSA Confirms Strong Safety Profile |
| IC Markets | 5 checks | IC Markets: Understanding its Regulatory Framework for Client Protection |
| iFOREX | 7 checks | iFOREX: Regulated Operations with CySEC and BVI Oversight |
| INFINOX | 6 checks | INFINOX: Regulated Status with FCA Fine, Clone Warning, and Offshore Entities |
| InstaForex | 7 checks | InstaForex Warning: Malaysian Regulator Flags Unlicensed Activities |
| IQ Option | 7 checks | IQ Option: CySEC Regulated, FCA Restricted, Offshore Entity Unlicensed |
| IronFX | 6 checks | IronFX: Multi-Jurisdictional Regulation, Past CySEC Settlements Noted |
| JFD Brokers | 7 checks | JFD Brokers: Regulated by CySEC and VFSC Since 2011 |
| JustMarkets | 7 checks | JustMarkets: Regulated by Multiple Authorities Across Tiers |
| Key To Markets | 5 checks | Caution Advised: Key To Markets' Inactive UK License, Offshore Onboarding |
| Khwezi Trade | 7 checks | Khwezi Trade Now ATFX South Africa: FSCA Regulated |
| KVB Kunlun (KVB) | 7 checks | KVB Kunlun: Australian and Indonesian Licences Verified |
| Land Prime | 6 checks | Land Prime: Regulated by Mauritius FSC, Offshore SVG Entity Not Licensed. |
| LegacyFX | 6 checks | LegacyFX: CySEC License Migrated to Crypto.com, Website Offline |
| Libertex | 7 checks | Libertex: CySEC Regulated Broker Operating Under EU Guidelines |
| LiteFinance | 7 checks | LiteFinance: Multiple Entities, Varied Regulatory Oversight |
| LMAX Global | 7 checks | LMAX Global: Verified Regulation and Transparent Trading Practices |
| Markets.com | 7 checks | Markets.com: Regulated by CySEC, FSCA, and Offshore Entity in SVG |
| Markets4you (formerly Forex4you) | 7 checks | Markets4you: Regulated Offshore Broker with Dual Licences |
| Milton Markets | 6 checks | Milton Markets: Regulated by FSA Seychelles for Milton Global |
| Moneta Markets | 6 checks | Moneta Markets: Multi-jurisdictional Regulation with Varied Oversight |
| NAGA | 7 checks | NAGA Regulated by CySEC and FSA Seychelles, Notes Public Listing and Settlement |
| NinjaTrader | 6 checks | NinjaTrader: US-Regulated Futures Commission Merchant with CFTC and NFA Oversight |
| NordFX | 5 checks | NordFX: Regulated Offshore Entities, No Tier-1 Authorisation |
| OANDA | 5 checks | OANDA: A Thoroughly Regulated Broker with Extensive Oversight |
| Octa | 7 checks | Octa: Dual Regulation for Regional Clients, Offshore for International Traders |
| OneRoyal | 7 checks | OneRoyal: Multi-Jurisdictional Broker with Tier 1 and Offshore Licences |
| Orbex | 7 checks | Caution Advised: Orbex CySEC Licence Inactive, Offshore Entities Predominant |
| Pepperstone Markets Limited | 5 checks | Pepperstone: A Verified Broker with Strong Global Regulation |
| Plus500 | 5 checks | Plus500: A Regulated Broker with Established Consumer Protections |
| PU Prime | 7 checks | PU Prime: Regulated Broker with Tier-1 ASIC Oversight |
| Purple Trading | 7 checks | Purple Trading: Regulated Broker with CySEC and Czech National Bank Presence |
| RoboForex | 7 checks | RoboForex: Regulated Broker with Belize and Cyprus Licenses |
| Scope Markets | 6 checks | Scope Markets: Multiple Regulated Entities Verified Across Several Jurisdictions |
| Skilling | 7 checks | Skilling Safety Profile: Dual Regulation by CySEC and FSA Seychelles |
| Spreadex | 7 checks | Spreadex: FCA Regulated UK Broker With Gambling Commission Penalty |
| Squared Financial | 6 checks | Caution Advised with Squared Financial: Inactive CySEC Licence, Multiple Settlements |
| STARTRADER | 7 checks | STARTRADER: Caution Due to Inactive UK License and Varied Global Regulation |
| Swissquote | 7 checks | Swissquote: A Regulated Swiss Broker with Strong Oversight |
| TF Global Markets (STL) Limited | 6 checks | ThinkMarkets: Regulated Across Multiple Jurisdictions, Strong Tier-1 Presence |
| ThreeTrader | 7 checks | ThreeTrader: Offshore Regulated by VFSC and FSC Mauritius |
| Tickmill Ltd | 7 checks | Tickmill: Multi-Regulated Broker with Strong Client Protection |
| TIOmarkets | 7 checks | TIOmarkets: FCA-Regulated for UK, Offshore Entities and Regulatory Caution Noted |
| TitanFX | 7 checks | TitanFX Regulated by Offshore Bodies VFSC, BVI FSC, FSC Mauritius |
| TMGM | 9 checks | TMGM: Multi-Regulated Broker with ASIC Oversight and Client Fund Protection |
| TopFX | 6 checks | TopFX: Regulated Broker with CySEC and FSA Seychelles Oversight |
| Trade Nation | 6 checks | Trade Nation: Multi-Regulated Broker with FCA Clone Warning Noted |
| TRADE.com | 6 checks | Caution Advised with Trade.com: Regulatory Statuses Show Restrictions and Unverified Details |
| Traders Trust | 7 checks | Caution: Traders Trust Operates Primarily Offshore, EU Licence Surrendered. |
| Trive Financial | 7 checks | Caution: Trive Financial Faces ASIC Licence Cancellation, Other Entities Regulated |
| UFX | 7 checks | Caution: UFX's CySEC Licence Withdrawn, Broker Operations Ceased |
| Ultima Markets | 6 checks | Ultima Markets: Multi-Jurisdictional Regulation with Varying Client Protections |
| Valutrades | 7 checks | Valutrades: FCA and FSA Seychelles Regulated Broker with Dual Oversight. |
| Vantage | 7 checks | Vantage Markets: Multi-Regulated Broker with Tier-1 and Offshore Entities |
| Weltrade | 5 checks | Weltrade: FSCA Regulated Entity in South Africa, Offshore Entity Not Supervised |
| Windsor Brokers | 7 checks | Windsor Brokers: A Regulated Entity with Varied Global Oversight |
| XGLOBAL Markets | 6 checks | XGLOBAL Markets (ABF Trade) Regulated by CySEC. |
| XM Global Limited | 5 checks | XM: A Regulated Broker with Established Oversight |
| XS.com | 6 checks | XS.com Safety Profile: Multiple Regulations, Varied Client Protections |
| Xtrade | 7 checks | Xtrade: Multi-Licensed Broker with Noted Regulatory Action in Australia |
| Charles Schwab Futures and Forex | 7 checks | Charles Schwab Futures and Forex: Regulated US Entity with NFA Oversight |
| Dukascopy | 7 checks | Dukascopy: Regulated by FINMA and Latvijas Banka |
| Fineco Bank | 7 checks | Fineco Bank: Regulated Italian Bank with UK FCA Authorization |
| FOREX.com | 5 checks | FOREX.com: A Regulated Broker's Safety Profile |
| IG Group | 6 checks | IG Group: A Regulated Broker with Strong Global Presence |
| Interactive Brokers | 7 checks | Interactive Brokers: Strongly Regulated Globally, ASIC Penalty Noted |
| IUX.com | 6 checks | IUX Markets: Clients Onboarded Through an Offshore Entity |
| One Financial Markets | 7 checks | One Financial Markets: FCA Regulated (via Axi), Watch for Clone Firm Warning |
| Rakuten Securities Australia | 6 checks | Rakuten Securities Australia Renamed ATFX: ASIC-Regulated for Australian Clients |
| Saxo Bank | 6 checks | Saxo Bank: Global Regulation, Danish Banking Licence & SIFI Confirmed |
| tastyfx | 7 checks | tastyfx: CFTC/NFA Regulated U.S. Forex Broker |
| TradeStation Global | 6 checks | TradeStation Global: FCA-Regulated Introduced Brokerage with Robust Oversight |
| XTB | 7 checks | XTB: Regulated by Top-Tier Authorities, Strong Operational History |
| Decode Global | 6 checks | Decode Global: Multiple Licenses Verified, MAS Alert Noted |
| Deriv | 6 checks | Deriv: MFSA Regulated, but UK FCA Cancelled and Clone Warning Issued |
| Kwakol Markets | 6 checks | Kwakol Markets: FCA Warning Issued, Licenses Unverified |
| M4Markets | 7 checks | M4Markets: Regulated by Multiple Authorities with Website Warnings |
| T4Trade | 6 checks | T4Trade: FSA Seychelles Regulation with European Warnings |
| Taurex | 7 checks | Taurex: Warning on Offshore Entities and Limited Client Protections |
| Trading 212 | 7 checks | Trading 212: Multi-Regulated with Strong Tier-1 Licences |
| VT Markets | 7 checks | VT Markets: Multiple Regulators, FCA Warning Noted. |
| Zero Markets | 7 checks | Zero Markets receives Malaysian regulator warning, holds Australian and New Zealand licenses. |