9191
Brokers
93
Regulators
8.5
8.9
8.2
8.5
8.7
8.9
10.0
10.0
7.1
6.7
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Key Strengths
Live Trading Assessment
Leverage Ranking
Overall Rating
Business Scope
Trading Cost
Trading Platforms
Support
Regulator
Type
Headquarters
Founded
Min Deposit
Max Leverage
XM Group
10
/10
Outstanding
7.2
10
10
10
Mauritius FSC, Seychelles FSA, FSCA, CySEC, Belize FSC, DFSA
Cyprus
-
5 USD
1:1000
EBC Financial Group
8.7
/10
Very Good
7.5
8.7
8.7
8.7
FCA, ASIC, FSCA, CIMA
STP
England, United Kingdom
2020
100 USD
1:500
VT Markets
8.2
/10
Very Good
8.2
8.2
8.2
8.2
ASIC, Mauritius FSC, FSCA
STP, ECN
Australia
2015
50 USD
1:1000
FXTM
7.1
/10
Good
7.1
7.1
7.1
7.1
FCA, Mauritius FSC, Kenya CMA
STP, NDD
Mauritius
2011
200 USD
1:3000
Protect My Rights
Hello, does Global next trade accept UK clients?
V**i · United Kingdom · 46 minutes ago
A Hello Vusi,
Thank you for your inquiry.
We do not recommend trading with Global Next Trade for the following reasons:
- The platform provides only a Mexican address and phone number, with no regulatory information disclosed. Our search of the CNBV (Comisión Nacional Bancaria y de Valores) of Mexico registry found no record of any entity associated with Global Next Trade, meaning it is not authorized to offer financial services in Mexico.
- Additionally, the Comisión Nacional del Mercado de Valores (CNMV) of Spain has issued a public warning against Global Next Trade, identifying it as an unregulated entity. You may refer to: CNMV Warning on On Apr 27, 2026
To conclude, Global Next Trade operates without valid regulatory authorization and has been flagged by financial authorities. Please avoid this platform to protect your funds.
Failed to use credit card for deposit on Invertox, why?
F**o · United Kingdom · Aug 12, 2026
A Hello Filiberto,
Thank you for your inquiry.
We do not recommend trading with Invertox for the following reasons:
- Invertox claims to be registered in Saint Vincent and the Grenadines (SVG). While we confirmed that a matching entity exists in the SVG FSA (Financial Services Authority) registry, this registration merely grants International Business Company (IBC) status, which is not a valid license to provide forex or financial services. The SVG FSA explicitly states that it does not regulate or authorize forex brokers.
- Invertox makes no claim of authorization by any recognized financial regulatory authority, and our checks reveal no evidence of valid licensing from any credible jurisdiction.
To conclude, Invertox operates without valid regulatory authorization, exposing your funds and personal information to substantial risk. Please avoid engaging with Invertox and to choose only brokers that are properly licensed and regulated by reputable financial authorities.
Please investigate XFortuit. I think they are a fraud.
L**s · Indonesia · Aug 03, 2026
A Hello Investor,
Thank you for your inquiry.
We do not recommend trading with XFortuit for the following reasons:
The platform, operating under the name XFortuit LLC, claims to be registered in Saint Vincent and the Grenadines. While the entity may appear in the local registry of the Financial Services Authority (FSA), this registration does not constitute a valid brokerage license. The Saint Vincent FSA explicitly states that it does not regulate or license forex trading activities.
As a result, XFortuit operates entirely without regulatory authorization from any credible financial authority. Trading with such unregulated entities exposes your funds to significant risk in the event of disputes, misconduct, or fraud.
To conclude, XFortuit involves high risks and exhibits characteristics consistent with untrustworthy operators. We strongly advise you to avoid engaging with this platform and to choose only brokers that are fully licensed and regulated by recognized financial authorities.
How's Star Net FX???
L**o · New Zealand · Jul 30, 2026
A Hello Investor,
Thank you for your inquiry.
We do not recommend dealing with Star Net FX for the following reasons:
- The platform claims to be registered in Mauritius, the UAE, and Saint Vincent & the Grenadines. However, our investigation found no record of STAR NET Limited in the official registers of either the Mauritius FSC (Financial Services Commission) or UAE CMA (Capital Market Authority).
- A search of the Financial Services Authority (FSA) of Saint Vincent and the Grenadines revealed that while the entity may have been previously registered there, its status is now listed as "CANCELLED" meaning it is no longer legally active in that jurisdiction. Despite this, the Star Net FX website remains live and continues to solicit investors, which is a serious warning sign.
To conclude, Star Net FX exhibits multiple red flags consistent with fraudulent operations. Please avoid engaging with Star Net FX and to protect your funds from potential risk.
Orbi Trade supports islamic account or not?
S**n · France · Jul 26, 2026
A
Hello Scott,
Thank you for your inquiry.
Regarding whether Orbi Trade supports Islamic accounts, we recommend reaching out to their customer support team directly for confirmation.
We advise exercising caution when dealing with Orbi Trade for the following reasons:
- Our verification confirms that Orbi Trade International is indeed regulated and licensed by the Seychelles FSA (Financial Services Authority), and the official registry includes the platform's operational domain. We are therefore able to verify that this platform does hold a valid license.
-However, it is important to note that the Seychelles FSA is considered an offshore regulator with relatively lenient oversight. A license from this authority alone does not guarantee complete reliability or safety for traders.
Given that forex and CFD trading inherently involve certain risks, we strongly advise you to exercise caution and remain vigilant when trading with this platform. Should you require further assistance, please do not hesitate to reach out to us.
I traded with Seven Capitals and got my money stuck
L**y · Martinique · Jul 22, 2026
A
Hello Lora,
Thank you for your inquiry.
We advise exercising caution when dealing with Seven Capitals for the following reasons:
- The entity Seven Capitals Foreign Brokerage Limited is indeed listed as an authorized broker with the Mauritius FSC (Financial Services Commission). However, our verification shows that its operational website and domain are not registered with the regulator, making it difficult to fully confirm that the licensed entity is indeed the same Seven Capitals platform you are consulting.
- The Mauritius FSC is considered an offshore regulator with relatively lenient oversight, which raises concerns about the level of investor protection and regulatory enforcement available to clients.
Given these findings, we strongly advise you to exercise caution and conduct thorough due diligence before engaging with this broker.
Additionally, should you encounter prolonged withdrawal issues or other difficulties in the future, we recommend filing a complaint through our platform's complaint system, or reporting the matter directly to the relevant regulatory authority for further assistance.
Had a chat with zeven global team, I felt that they just not professional at all. It might be scam.
w**g · Iceland · Jul 11, 2026
A
Hello Wilsonyang,
Thank you for your information.
We do not recommend trading with Zeven Global for the following reasons:
-The platform claims to be registered in Costa Rica and lists physical addresses in multiple jurisdictions, including Seychelles, the Marshall Islands, and Saint Lucia. However, Costa Rica does not have a recognized financial regulatory authority overseeing forex brokers, meaning any forex-related activities conducted there are effectively unregulated.
-While Zeven Global may be registered as an entity in the Marshall Islands (via the Marshall Islands Registry, IRI) and Saint Lucia (via the Saint Lucia International Financial Centre, IFC), these registrations only confer International Business Company (IBC) status. Our checks confirm that the company is not authorized or licensed by the Seychelles FSA(Financial Services Authority) or any other credible financial regulator. IBC status offers no regulatory oversight or investor protection.
To conclude, Zeven Global operates without valid regulatory authorization from any recognized financial authority, making it a high-risk, unlicensed broker. It is advised to avoid engaging with Zeven Global to protect your funds.
KriptleFx, scam?
D**y · Norway · Jul 02, 2026
A Hello DioTrady,
Thank you for your inquiry.
We do not recommend trading with KriptleFx for the following reasons:
The platform displays no regulatory information on its website and only claims to be registered in Saint Lucia. While we confirmed that a company with the same name is listed with the Saint Lucia International Financial Centre (IFC), this registration merely grants it International Business Company (IBC) status. The IFC does not regulate or license forex trading activities, nor does it constitute a valid financial licence.
KriptleFx appears to be unlicensed by any recognised financial authority, which is a significant warning sign commonly associated with untrustworthy operators.
To conclude, KriptleFx involves high risks and exhibits characteristics consistent with potential fraudulent activity. Please avoid engaging with this platform to safeguard your funds.
Can traders deal with Exelium, what do you think?
S**g · Jamaica · Jun 28, 2026
A
Hello Serg,
Thank you for your inquiry.
We do not recommend trading with Exelium.com for the following reasons:
- The platform claims that Exelium Global Ltd is authorised and regulated by the Seychelles FSA (Financial Services Authority). While we did locate this company in the Seychelles FSA registry, the official website registered to the license is https://www.exeliumglobal.com, which does not match the platform in question.
- This discrepancy leads us to suspect that Exelium.com may be a clone website, misusing the brand name, logo, and regulatory information of a legitimate entity to pose as a licensed broker.
To conclude, Exelium.com involves high risks and exhibits characteristics consistent with fraudulent operations. Please avoid trading with such a suspicious platform to protect your funds.
Ready to throw a small amount on Phyntex Markets, any suggestions?
P**g · Guernsey · Jun 21, 2026
A
Hello Pimphong,
Thank you for your inquiry.
Our checks confirm that Phyntex Group Limited is listed as a licensee with the MISA (MWALI International Services Authority) under licence number T2023344, and the registered website matches the platform in question.
However, MISA is widely regarded as an offshore regulator with limited oversight and international credibility. Regulation by MISA alone does not constitute a strong guarantee of compliance, transparency, or investor protection.
To conclude, please stay viligant and exercise caution when trading with such a broker.
Does Auro Markets have any license?
p**e · Japan · Jun 17, 2026
A
Hello Investor,
Thank you for your inquiry.
We do not recommend trading with Auro Markets for the following reasons:
- Auro Markets claims registration in Saint Lucia. While we confirmed its IBC status with the Saint Lucia International Financial Centre (IFC), this is merely a company registration, not a valid financial license. The Saint Lucia IFC does not regulate or license forex activities.
- A review of Auro Markets' official website reveals no evidence of regulation from any credible financial authority—only the above-mentioned registration claim.
To conclude, Auro Markets involves high risks and exhibits characteristics consistent with potential scam operations. Please avoid this platform to protect your funds.
Can you give me some information about Ravex Global?
a**d · Malaysia · Jun 04, 2026
A Hello Investor,
Thank you for your inquiry.
Ravex Global claims that its entity, Ravex Global LTD., is licensed by the Comoros MISA (Mwali International Services Authority). After conducting a thorough review, we do not recommend investing with this broker for the following reasons:
- Our checks found a company with a matching name registered with MISA, and the official website domain listed in the registry does match Ravex Global's site.
- However, the regulatory framework in the Mwali jurisdiction is extremely weak, with oversight that is largely symbolic and offers little to no meaningful protection for investors. A license from this offshore regulator does not equate to operating under strict regulatory oversight.
In our view, holding a license from this region does not demonstrate that a broker is safe or reliable, and in many cases, such licenses are associated with higher risks of fraudulent activity.
For specific spread details, we recommend contacting their customer service team directly for up-to-date information. Nevertheless, we strongly advise you to remain cautious and mindful of the risks when trading with Ravex Global.
I opened a standard account with MENA Global Market
D**s · Vietnam · May 27, 2026
A Hello Douglas,
Thank you for contacting us regarding MENA Global Market.
If you are currently experiencing issues with your trading activities on the platform, we recommend reaching out to their customer support team directly for quicker assistance.
However, we would like to strongly advise against committing to any long-term trading activities with MENA Global Market. Here is why:
- The broker does not claim to hold any form of regulatory license. It merely states that it is registered in Saint Vincent and the Grenadines. This is a significant warning sign, as such registration offers no regulatory oversight and suggests the possibility of unlicensed operations.
- Upon further investigation, we found that MENA Global Market's registration with the Saint Vincent and the Grenadines Financial Services Authority (FSA) has been officially marked as 'CANCELLED'.
Given the complete lack of valid licensing and the cancellation of its corporate registration, MENA Global Market raises serious concerns. We strongly advise you to assess the risks and avoid depositing any additional funds.
Does Power Trading provide services to Cambodians?
C**s · Cambodia · May 17, 2026
A Hello Cameron,
Thank you for your inquiry regarding Power Trading.
After reviewing the information provided on its website, we would like to share our findings:
- Power Trading states that it is registered in Hong Kong. However, when we checked with the Securities and Futures Commission (SFC), the primary financial regulator in Hong Kong, no matching record could be found for the entity.
In short, Power Trading operates without any valid regulatory license. This means that if you entrust them with your funds, there are no legal safeguards or investor protection schemes in place to cover your losses in case of issues.
Power Trading exhibits strong warning signs consistent with fraudulent operations. Please avoid engaging with this broker or accepting any of its services.
What do you think of trading with CarltonFX?
J**e · Belarus · May 08, 2026
A Hello JacobsJoe,
Thank you for inquiry regarding CarltonFX.
After reviewing the information available, here is what we found:
- CarltonFX claims on its website to have an office located in Dubai. However, our cross-checks with the relevant regulatory authorities in the UAE, including the Central Bank of the UAE (CBUAE) , and the Securities and Commodities Authority (SCA) , returned no matching records for the broker.
- The bottom line is that CarltonFX operates without any form of valid regulatory oversight. This means there are no legal safeguards or investor protection mechanisms in place to cover your funds in the event of disputes or misconduct.
Given the complete absence of regulation, we believe CarltonFX poses a high risk of being a scam. Please avoid depositing any funds or engaging with this platform.
Is Auro Markets open to Indian traders?
T**r · India · May 01, 2026
A Hello Taishier,
Thank you for your inquiry.
We do not recommend using the Auro Markets platform for the following reasons:
- Auro Markets does not disclose any valid regulatory information. The broker has only completed a company registration in Saint Lucia, which is merely a corporate registration and carries no regulatory authority over forex trading activities.
- Operating without a valid forex license is a major red flag and exposes traders to significantly higher risks, including the potential for fraud.
Please exercise extreme caution and avoid engaging with Auro Markets to protect your funds.
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