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Trading with Amxer Markets is extremely risky!
Ogheneochuko Gina Upadhyay
Turkey
23 hours ago
ANSWER Dear Investor, Amxer Markets indeed presents a high level of risk. It provides no verifiable regulatory disclosures, claiming only to be registered in Saint Lucia and to maintain a physical office in Cyprus. Our investigation confirms that a company named Amxer Markets Limited is listed in the Saint Lucia International Financial Centre (IFC) registry. However, please note that this registration only confers International Business Company (IBC) status, which does not constitute a valid financial services or forex trading license. The Saint Lucia IFC does not regulate or authorize brokerage activities. Furthermore, a search of the official register of Cyprus Securities and Exchange Commission (CySEC) reveals no record of Amxer Markets Limited or any affiliated entity. This means the firm is not authorized to operate as a broker in Cyprus either. In essence. Amxer Markets holds no legitimate trading license in any jurisdiction and appears to be operating without proper regulatory oversight. Given these serious concerns, we recommend staying away from Amxer Markets, as your funds would be exposed to significant risk.
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Is River Prime regulated by FSA (Saint Vincent)?
Gift An
Luxembourg
23 hours ago
ANSWER Dear Investor, The claim that River Prime is regulated by the Financial Services Authority (FSA) of Saint Vincent and the Grenadines (SVG) is not accurate. While we did locate an entity named River Prime Ltd in the SVG FSA registry, it is important to understand that this registration only grants International Business Company (IBC) status, which does not constitute a valid financial services or forex trading license. The SVG FSA has explicitly stated that it neither regulates nor licenses forex brokers. However, River Prime also claims to be licensed by the Labuan Financial Services Authority (LFSA) in Malaysia. Upon verification, we confirmed that River Prime Ltd is indeed listed on the LFSA’s official register of licensed entities, and the registered email domain matches the platform’s website, supporting the legitimacy of this licensing. We advise you to review the LFSA regulatory details carefully and exercise caution when considering trading with River Prime.
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Invertox is legit or not?
Julius Taneja
Cambodia
23 hours ago
ANSWER Dear Investor, Despite presenting itself as a well-regulated trading platform, Invertox appears to hold no legitimate brokerage license. Invertox claims to operate under Invertox LLC, registered with the Financial Services Authority (FSA) of Saint Vincent and the Grenadines (SVG). While we can confirm that a matching entity exists in the SVG FSA registry, this registration only confers International Business Company (IBC) status, which is not a valid financial services or forex trading license. Importantly, the SVG FSA explicitly states that it does not regulate or authorize forex brokers. Moreover, Invertox makes no claim of authorization by any recognized financial regulatory authority. This clear absence of proper licensing is a major red flag, strongly suggesting an unregulated and potentially fraudulent operation. Given these serious concerns, we strongly advise you to avoid trading with Invertox to protect your funds and personal information.
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is Global Next Trade regulated in any country?
KALAIVANAN Stepanovich
Denmark
Dec 04, 2025
ANSWER Dear Investor, Global Next Trade does not disclose any regulatory information, providing only a Mexican address and phone number, which suggests the company may be based or registered in Mexico. However, in Mexico, any entity offering financial or investment services must be authorized by the Comisión Nacional Bancaria y de Valores (CNBV), the country’s official financial regulator. Our search of the CNBV’s public registry found no record of GNT Capital Ltd or any entity associated with Global Next Trade. This strongly indicates that the platform is operating without the required regulatory approval in Mexico and is likely engaging in unauthorized financial activities. As a result, investors have no legal protection for their funds or transactions. Given the complete lack of regulatory oversight, we strongly advise you to avoid considering Global Next Trade as a trading partner.
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How is Atlas Brokers' professional account?
monicazk2
Dominican Republic
Dec 04, 2025
ANSWER Dear Investor, Atlas Brokers does not disclose any regulatory status and currently claims only to be registered in Saint Lucia, with an additional office presence in South Africa. Our investigation confirms that a company named Atlas Prime Ltd. is listed in the Saint Lucia International Financial Centre (IFC) registry. However, please note that this registration only grants International Business Company (IBC) status, which does not constitute a valid financial services or forex trading license. The Saint Lucia IFC does not regulate or authorize brokerage activities. Furthermore, a search of the Financial Sector Conduct Authority (FSCA) in South Africa reveals no record of Atlas Prime Ltd. or any entity linked to Atlas Brokers. This means the firm is not authorized to operate as a broker in South Africa either. In effect, Atlas Brokers holds no legitimate trading license in any jurisdiction and appears to be operating without proper authorization. Therefore, we do not recommend investing with Atlas Brokers and strongly advise you to avoid this platform.
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Raw Forex is legit broker or scam?
Halina Fields
Netherlands
Dec 03, 2025
ANSWER Dear Investor, Raw Forex is not a trustworthy broker, as it does not hold a valid financial license. The platform claims to operate under Raw Forex Ltd, registered in Saint Vincent and the Grenadines (SVG), and states it maintains a physical presence in Turkey. Our verification confirms that a matching entity exists in the registry of the SVG Financial Services Authority (FSA). However, this registration only confers International Business Company (IBC) status, which is not equivalent to a financial services or forex trading license. Importantly, the SVG FSA explicitly states that it does not regulate or authorize forex brokers. Furthermore, our investigation found that Raw Forex is not licensed by Turkey’s Capital Markets Board (CMB)—nor by any other recognized financial regulatory authority worldwide. This complete lack of legitimate oversight is a major red flag strongly indicative of a fraudulent operation. Given these serious concerns, we strongly advise you to avoid trading with Raw Forex to protect your funds and personal information.
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Does Naxware hold any legit license?
George garg
Estonia
Dec 03, 2025
ANSWER Dear Investor, NAXWARE appears to be a suspected fraudulent broker, as it holds no valid trading license. The platform provides no verifiable regulatory information, merely stating that it is operated by Naxware Systems Inc., allegedly registered in the Seychelles. However, our thorough search of the official register of the Seychelles Financial Services Authority (FSA) yielded no record of NAXWARE or any related entity. This complete lack of transparent corporate and regulatory data strongly indicates that NAXWARE is operating without authorization, a common characteristic of scam brokers designed to deceive and exploit investors. Given the high risk of fraud and the total absence of regulatory oversight, we strongly advise you to avoid any interaction or financial transactions with NAXWARE.
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IS ATALLIA A FRAUD??
shailesh Kountouris
El Salvador
Dec 03, 2025
ANSWER Dear Investor, ATALLIA currently claims only to be registered in Saint Lucia and to maintain a physical office in the UAE. While we did locate an entity named Atallia Capital Limited in the Saint Lucia International Financial Centre (IFC) registry, it is important to emphasize that this registration merely confers International Business Company (IBC) status, which does not constitute a valid financial services or forex trading license. The Saint Lucia IFC neither regulates nor authorizes brokerage activities. Furthermore, despite its claimed UAE presence, ATALLIA is not licensed by any relevant UAE regulatory authority, including the Securities and Commodities Authority (SCA) or the Central Bank of the UAE (CBUAE). This means the platform is not authorized to operate as a broker in the UAE. In effect, ATALLIA holds no legitimate trading license in any jurisdiction, raising serious concerns about its operational legitimacy and the safety of client funds. Given these red flags, we consider ATALLIA untrustworthy, and investor funds are at significant risk. We therefore strongly advise you to avoid any interaction or transactions with this platform.
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Maono Global Markets says they are appointed representative of a licensed company
Abhinav Ghanem
South Africa
Dec 02, 2025
ANSWER Dear Investor, Maono Global Markets claims that its operating entity, Maono Global Markets (Pty) Ltd, acts as an authorised representative of Sithundhi Group (Pty) Ltd, a firm allegedly licensed and regulated by South Africa’s Financial Sector Conduct Authority (FSCA) under license number FSP 52030. First, a search of the FSCA’s public register returns no record of Maono Global Markets (Pty) Ltd. Second, while Sithundhi Group (Pty) Ltd does appear as a licensed FSP, the FSCA register does not list any authorised representatives linked to this firm, meaning there is no verifiable evidence that Maono Global Markets is legally permitted to operate on its behalf. Moreover, it is important to note that FSCA is an offshore regulator with relatively limited oversight and investor protection mechanisms compared to top-tier authorities. Given the lack of verifiable authorization, we believe Maono Global Markets may be operating illegally under the guise of FSCA affiliation. We therefore strongly advise you to avoid trading with Maono Global Markets to protect your funds and personal information.
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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.