ForexLicenses

Brokers With No Licence on Record

We have not matched these brands to a licence in our database. Some may hold licences we have not yet recorded; some operate from registration-only jurisdictions. Verify independently before depositing, and tell us if you find a licence we have missed.

Broker Licences on record Licence Score Actions
1 F FXDD Forex & CFD broker, since 2002 No licence on record 10Very weak Licences Visit site
2 F FreshForex Forex & CFD broker, since 2004 No licence on record 10Very weak Licences Visit site
3 N NPBFX Forex & CFD broker, since 1996 No licence on record 10Very weak Licences Visit site
4 A AMarkets Forex & CFD broker, since 2007 No licence on record 9Very weak Licences Visit site
5 BG Blackwell Global Forex & CFD broker, since 2010 No licence on record 8Very weak Licences Visit site
6 FM FXCL Markets Forex & CFD broker, since 2010 No licence on record 8Very weak Licences Visit site
7 G GemForex Forex & CFD broker, since 2010 No licence on record 8Very weak Licences Visit site
8 F FXGlory Forex & CFD broker, since 2011 No licence on record 7Very weak Licences Visit site
9 M MTrading Forex & CFD broker, since 2012 No licence on record 7Very weak Licences Visit site
10 T Tradersway Forex & CFD broker, since 2011 No licence on record 7Very weak Licences Visit site
11 B BigBoss Forex & CFD broker, since 2013 No licence on record 6Very weak Licences Visit site
12 C Capitaria Forex & CFD broker, since 2014 No licence on record 6Very weak Licences Visit site
13 F ForexChief Forex & CFD broker, since 2014 No licence on record 6Very weak Licences Visit site
14 IO IQ Option Forex & CFD broker, since 2013 No licence on record 6Very weak Licences Visit site
15 L Land-FX Forex & CFD broker, since 2013 No licence on record 6Very weak Licences Visit site
16 MM MYFX Markets Forex & CFD broker, since 2013 No licence on record 6Very weak Licences Visit site
17 S SimpleFX Forex & CFD broker, since 2014 No licence on record 6Very weak Licences Visit site
18 T TIOmarkets Forex & CFD broker, since 2013 No licence on record 6Very weak Licences Visit site
19 EM Evolve Markets Forex & CFD broker, since 2016 No licence on record 5Very weak Licences Visit site
20 FM Fullerton Markets Forex & CFD broker, since 2016 No licence on record 5Very weak Licences Visit site
21 GP GKFX Prime Forex & CFD broker, since 2016 No licence on record 5Very weak Licences Visit site
22 H Hugosway Forex & CFD broker, since 2016 No licence on record 5Very weak Licences Visit site
23 I IS6FX Forex & CFD broker, since 2016 No licence on record 5Very weak Licences Visit site
24 I IUX Forex & CFD broker, since 2016 No licence on record 5Very weak Licences Visit site
25 K KOT4X Forex & CFD broker, since 2016 No licence on record 5Very weak Licences Visit site
26 L LMFX Forex & CFD broker, since 2015 No licence on record 5Very weak Licences Visit site
27 C Coinexx Forex & CFD broker, since 2017 No licence on record 4Very weak Licences Visit site
28 O OspreyFX Forex & CFD broker, since 2018 No licence on record 4Very weak Licences Visit site
29 P PrimeXBT Multi-asset broker, since 2018 No licence on record 4Very weak Licences Visit site
30 4 4XC Forex & CFD broker, since 2019 No licence on record 3Very weak Licences Visit site
31 C CedarFX Forex & CFD broker, since 2020 No licence on record 3Very weak Licences Visit site
32 EF Eagle FX Forex & CFD broker, since 2019 No licence on record 3Very weak Licences Visit site
33 EM Exclusive Markets Forex & CFD broker, since 2019 No licence on record 3Very weak Licences Visit site
34 F FXBeyond Forex & CFD broker, since 2020 No licence on record 3Very weak Licences Visit site
35 P PlexyTrade Forex & CFD broker, since 2020 No licence on record 3Very weak Licences Visit site
36 SF Sage FX Forex & CFD broker, since 2019 No licence on record 3Very weak Licences Visit site
37 V Valetax Forex & CFD broker, since 2020 No licence on record 3Very weak Licences Visit site
38 V VirtueForex Forex & CFD broker, since 2019 No licence on record 3Very weak Licences Visit site
39 X XBTFX Forex & CFD broker, since 2019 No licence on record 3Very weak Licences Visit site
40 F FXCentrum Forex & CFD broker, since 2022 No licence on record 2Very weak Licences Visit site
41 F FXON Forex & CFD broker, since 2021 No licence on record 2Very weak Licences Visit site
42 T ThreeTrader Forex & CFD broker, since 2021 No licence on record 2Very weak Licences Visit site
43 M Monaxa Forex & CFD broker, since 2023 No licence on record 1Very weak Licences Visit site
44 N Neex Forex & CFD broker, since 2023 No licence on record 1Very weak Licences Visit site

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Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.