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Is Tora Markets regulated?
Zhirayr Lin
Estonia
18시간 전
ANSWER Dear Investor, Tora Markets claims to be owned and operated by Tora Markets LTD, licensed by the Mwali International Services Authority (MISA). Upon investigation, while we did locate this company in the MISA system, it is currently listed as a suspended entity. This indicates that although the company may have previously held a license, its license has now been suspended. Furthermore, the company has not registered any operating website, making it impossible for us to verify whether Tora Markets is actually affiliated with this entity. Therefore, until Tora Markets provides more reliable, valid, and verifiable regulatory information, we strongly advise you to avoid investing or trading with such an unlicensed broker to protect your financial security.
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Is ParadTrade legit? Is account opening fast? How long for the funds to show up?
reda Paganini
Mozambique
2026-08-11
ANSWER Dear Investor, ParadTrade claims to be the brand name of Paradice Trade LTD. Previously, our investigation confirmed that the company was licensed and regulated by the Mwali International Services Authority (MISA) in the Comoros. However, upon our latest verification, we found that the status of this license is currently "suspended." This indicates that the company may be experiencing operational issues and is currently operating without valid regulatory oversight. Furthermore, it is important to note that MISA is an offshore regulatory authority with extremely weak oversight. Given these significant risks, we strongly advise you to temporarily avoid trading with this broker and instead choose platforms that hold valid licenses from reputable and strictly regulated authorities.
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Is Zetradex legit? Do they have a minimum deposit requirement?
Cayla Sriut-tha
Haiti
2026-08-10
ANSWER Dear Investor, We strongly advise you to avoid considering trading with Zetradex due to a lack of valid regulatory authorization. The platform's website still claims to be regulated by the Mwali International Services Authority (MISA). However, our previous verification revealed that although the company was once issued a license by MISA based on the provided license number, it has now been placed on MISA's "Companies in liquidation" list. This is a highly alarming red flag. It indicates that the broker's license has been revoked or expired, and its continued claim of being regulated is likely to mislead investors. Therefore, until it obtains a new and valid regulatory license, we strongly recommend avoiding any transactions with this broker to protect your financial security.
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What are the commission rates for different account types at Blaze Markets?
Preeti Ioannou
Ghana
2026-07-16
ANSWER Dear Investor, We do not recommend choosing Blaze Markets as your broker. Regarding its regulatory information, Blaze Markets provides details of the MWALI International Services Authority (MISA) and the Financial Services Authority (FSA) of Saint Vincent and the Grenadines. Firstly, upon searching the MISA registry, we found that the company's license has been suspended. Secondly, although we can locate Blaze Market Ltd. in the SVG FSA system, please note that this registration merely grants it International Business Company (IBC) status, which does not constitute a valid financial license. Furthermore, the SVG FSA has publicly stated that it neither regulates nor licenses forex trading activities. Therefore, Blaze Markets currently does not hold any valid licenses and lacks compliant regulatory oversight. We strongly advise you to avoid trading with such a broker to protect your financial security.
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How bad is their slippage?
Daphne Morillo
Gambia
2026-06-18
ANSWER Dear Investor, Regarding your inquiry about the trading details of Zarvista Capital Markets, we recommend contacting their customer service team directly for professional clarification. Based on our previous investigations, Zarvista Capital Markets claims to be regulated by both the MWALI International Services Authority (MISA) and the Financial Services Commission (FSC) of Mauritius. Upon verification, we can confirm that Zarvista Capital Markets previously held licenses issued by these two regulatory bodies. However, please be aware that the MISA license for Zarvista Capital Markets has currently been suspended and is in an invalid state. Therefore, the platform may now only be under the supervision of the Mauritius FSC. Furthermore, the Mauritius FSC does not disclose the operating website for this licensed entity on its official platform. As a result, we cannot definitively confirm whether the platform you are inquiring about is fully affiliated with the verified licensed entity. Additionally, both of these are offshore regulatory bodies with relatively weaker regulatory oversight. Therefore, if you are considering trading with this broker, we strongly advise you to conduct thorough due diligence and remain cautious before depositing any funds.
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StarFX accepts crypto payment?
Stefan Pirrie
Hungary
2026-05-20
ANSWER Dear Investor, StarFX is not a reliable broker, as it currently does not hold a valid license. StarFX claims to be regulated by Australian Securities and Investment Commission (ASIC). Using the license number they provided, we were able to locate a company named STAR FUNDS MANAGEMENT PTY LTD. However, our investigation reveals that its ASIC license has expired. Therefore, its claim of being currently regulated is factually incorrect. Continuing to publicize this outdated information may be a deliberate attempt to mislead investors. Furthermore, StarFX has been included in the warning list by the Dutch Authority for the Financial Markets (AFM) for conducting regulated financial activities without proper authorization. Given these serious concerns, we strongly advise you to avoid any dealings with this suspicious trading platform to protect your capital.
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When did xwise stop operating?
Yael Cruces
India
2026-05-13
ANSWER Dear Investor, XWise has very likely ceased operations or potentially absconded. The platform previously claimed to be regulated by MWALI International Services Authority (MISA) under license number BFX2024164. However, upon our recent verification, we discovered that this license has been suspended. Furthermore, we found that on June 23, 2025, XWise was added to the warning list by the UK Financial Conduct Authority (FCA), which stated that the company may be providing or promoting financial services or products in the United Kingdom without the FCA's permission. Given these serious findings, XWise exhibits strong indicators of potential fraudulent activity. If you are contacted by anyone associated with this platform, we strongly advise you not to share any personal information or engage in any financial transactions with them.
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What payment method does Fast Forex support?
julia mooar
Burkina Faso
2026-04-30
ANSWER Dear Investor, We do not recommend trading with Fast Forex at this time. While the platform was previously verified as holding a license from the MWALI International Services Authority (MISA), our investigation confirms that this license has currently been suspended, prohibiting the company from conducting any regulated activities. Furthermore, Fast Forex has removed all claims regarding this license from its website. The platform now only claims that its entity, Fast Securities LLC, is registered in Saint Vincent and the Grenadines. However, please be aware that registration with the Financial Services Authority (FSA) of Saint Vincent and the Grenadines merely grants it International Business Company (IBC) status, which does not constitute a valid financial license. Furthermore, the SVG FSA has publicly stated that it neither regulates nor licenses forex trading activities. As Fast Forex currently operates without any valid regulation, trading with them offers no safeguards. Therefore, we strongly advise you to avoid this broker until it can demonstrate compliance with a reputable and stringent regulatory authority.
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Anyone ever traded with LGTrading any issues
Yetta Mazzoni
Belarus
2026-01-28
ANSWER Dear Investor, LGTrading claims to be regulated by the Mwali International Services Authority (MISA) but displays two license numbers on its website: BFX2024003 and BFX2024145. Our verification through MISA reveals serious inconsistencies: License BFX2024003 is registered to an entirely different company that operates under the brand name TASS, with no connection to LGTrading. License BFX2024145 is indeed issued to a company named LGTrading Limited, but MISA’s official register shows that this license is currently suspended, meaning the firm is not authorized to provide financial services at this time. As a result, LGTrading’s claimed regulatory status is invalid. The platform appears to be using either misleading or outdated licensing information, possibly in an attempt to create a false impression of legitimacy. Given these red flags, it is highly likely that LGTrading operates without any valid regulatory authorization. We strongly recommend that you avoid depositing funds with this platform to protect yourself from potential fraud or loss.
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Risk Warning

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.