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Mishov Forex

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Operating status: SCAM

Website: https://www.mishovforex.com/

Broker violations and abnormal records
  • Aug 20, 2025 BrokersView has found that Mishov Forex appears to be a scam

    Mishov Forex claims to be operated by Mishov Markets Ltd. and states it has offices in several locations, including the UK, Dubai, and Turkey. However, upon checking with the relevant financial regulatory authorities in these jurisdictions, including the Financial Conduct Authority (FCA), Dubai Financial Services Authority (DFSA), the Securities and Commodities Authority (SCA) and the Turkish Capital Markets Committee (CMB), we were unable to find any registration or licensing information for this company. This indicates that Mishov Forex is likely operating without the necessary regulatory authorization, posing a significant risk to investors.

    Mishov Forex claims to be operated by Mishov Markets Ltd. and states it has offices in several locations, including the UK, Dubai, and Turkey. However, upon checking with the relevant financial regulatory authorities in these jurisdictions, including the Financial Conduct Authority (FCA), Dubai Financial Services Authority (DFSA), the Securities and Commodities Authority (SCA) and the Turkish Capital Markets Committee (CMB), we were unable to find any registration or licensing information for this company. This indicates that Mishov Forex is likely operating without the necessary regulatory authorization, posing a significant risk to investors.

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Q&A

Can I change my residential address details? What if I moved to another place? Will it affect my account?

Shariful Haque
Lithuania
May 29, 2023
ANSWER Mishov Forex is a non-regulated broker we advise against trading with despite the seemingly attractive deals it offers.Mishov Forex claims to be the trading name of Mishov Markets LLC, a company registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA) under Registration Number 512 LLC 2020. While it is true that corresponding records can be found in the SVG FSA registry, it is critical to note that the SVG FSA has explicitly announced that it neither issues forex licenses nor regulates entities involved in such activities. Consequently, Mishov Forex's provision of financial services remains unsupervised by the relevant regulatory authority.Regarding your question, we suggest you avoid dealing with Mishov Forex because it comes with significant risks including financial losses and identity theft. Once your money enters its system, there are no rules to safeguard it. Therefore, investors are strongly advised to stay away from non-regulated brokers like Mishov Forex and choose fully regulated ones instead.
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2 comments

Socrates Verdot
No online customer service function
Aug 08, 2022
Reply
Vladimir
I don't know why the progress is always waiting.
Jul 17, 2022
Reply
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