Although FinaDexa claims to be regulated by MISA, it displays two license numbers on its website. Upon verification, we found that one license belongs to WebTrade Management Ltd., registered under a different website: https://mudraone.com/, while the other is issued to Flux Ltd., which has no website registered at all. It is widely known that MISA itself offers very limited regulatory oversight and investor protection, and is not widely recognized or respected in the financial industry. The absence of a properly recorded domain under the licensed entities raises serious red flags. Based on this information, we consider FinaDexa to exhibit strong characteristics of a fraudulent broker.