Global Broker Regulation Inquiry App
About WikiFX
Broker Search
English

简体中文

繁體中文

English

Pусский

日本語

ภาษาไทย

Tiếng Việt

Bahasa Indonesia

Español

हिन्दी

Filippiiniläinen

Français

Deutsch

Português

Türkçe

한국어

العربية

اردو

Download
Universal Markets Review: A 2.04 Score and No Regulatory Oversight , What Traders Should Know

Universal Markets Review: A 2.04 Score and No Regulatory Oversight , What Traders Should Know

Universal Markets (UM Media LLC) scores 2.04 on WikiFX with no regulatory licence from any financial authority. Its website is unreachable and no user complaints have been recorded , but the complete absence of oversight is itself a serious red flag for potential traders.

Exposure
How to Pick a Leverage Ratio That Won't Blow Your Account

How to Pick a Leverage Ratio That Won't Blow Your Account

Leverage is a loan that lets you control a larger forex position with a smaller deposit, but it magnifies losses just as easily as gains. This article explains how leverage really works with a hypothetical margin calculation and outlines factors to consider, without telling you what to pick.

News
Algobi Review: Users Across Latin America Report Withdrawal Blocks and Mounting Deposit Demands

Algobi Review: Users Across Latin America Report Withdrawal Blocks and Mounting Deposit Demands

Algobi holds an offshore Seychelles FSA license and carries a WikiFX score of 3.11. Complaints from users across Latin America describe a consistent pattern: small initial deposits, on-screen profits, then blocked withdrawals and escalating demands for more money. Some users report aggressive pressure tactics when they refuse to deposit further.

Exposure
PrimeXBT Launches Cent-Denominated MT5 Account for Beginners

PrimeXBT Launches Cent-Denominated MT5 Account for Beginners

PrimeXBT has launched a US-cent-denominated MT5 account that lets beginners and risk-conscious traders trade live markets with smaller position sizes. The Cent Account, announced August 11, 2026, scales one lot to roughly 0.01 standard lots and supports leverage up to 1:1000 across forex, metals, and crypto CFDs.

News
Match-Trade Gives AI Direct Access to Broker Trading APIs

Match-Trade Gives AI Direct Access to Broker Trading APIs

Match-Trade Technologies has launched AI Skills for its Broker API and CRM API, giving Claude structured access to broker trading data and client records. The Skills compress integration work into single-pass AI workflows, with three dashboards already built as proof of concept.

News
Coinbase-Backed Flowdesk Lands Full VARA Broker-Dealer Nod

Coinbase-Backed Flowdesk Lands Full VARA Broker-Dealer Nod

Flowdesk, the institutional crypto market maker backed by Coinbase Ventures and BlackRock, has secured a full broker-dealer licence from Dubai's Virtual Assets Regulatory Authority (VARA) for its local entity Flowdesk Omega FZE. The licence, announced on August 10, 2026, follows an In-Principle Approval in June and authorises regulated broker-dealer services for Qualified and Institutional Investors in and from Dubai.

News
Market10 Review 2026: Withdrawal Delays and Missing Funds Raise Questions

Market10 Review 2026: Withdrawal Delays and Missing Funds Raise Questions

Has your trading experience with Market10, a South Africa-based brokerage entity, been miserable? Did you fail to receive funds in your trading account despite approvals on the Market10 login dashboard? Did the broker constantly push you into depositing while withholding your earlier funds? In this Market10 review, we have shed light on the growing allegations against the broker. Additionally, we have provided an overview of the broker’s regulatory status.

Exposure
IC Markets Global Review for South Asian Traders: A Global License Isn't the Same as Local Permit

IC Markets Global Review for South Asian Traders: A Global License Isn't the Same as Local Permit

IC Markets Global review for South Asian traders. Learn how to separate the contracting entity, offshore licence, local forex rules, payment route, platform claims, and unverified online withdrawal discussions before opening or funding an account.

News
White Label Forex Cost in 2026: The Price Sheet Is Not Your Real Budget

White Label Forex Cost in 2026: The Price Sheet Is Not Your Real Budget

A white label forex can look like the fastest route to a modern branded trading environment, but a fast launch is not the same as a controlled launch. This 2026 broker guide explains what the white label platform is, where a provider broker solution can sit in a wider operating stack, and how to evaluate the difference between a white label, a server license, and a connected CRM or Client Office setup. It also unpacks white label forex costs beyond the monthly headline, including implementation, integration, support, data, governance, migration, and exit assumptions. Use the practical questions, workflow tests, comparison table, and launch checklist to assess a white label provider without mistaking a feature demo for evidence that your brokerage can run the service safely at scale.

News
Trade W Expands UAE Presence as Tradewill Secures CMA Category 5 Licence

Trade W Expands UAE Presence as Tradewill Secures CMA Category 5 Licence

Tradewill Financial Services L.L.C SOC ("Tradewill UAE"), the UAE entity supporting the Trade W brand, has been granted a Category 5 Licence by the UAE Capital Market Authority (CMA). According to the company, the approval forms part of the Tradewill Group's broader international expansion and establishes its licensed presence in the United Arab Emirates.

News
How to Check Whether an Offshore Forex Broker Is Legitimate

How to Check Whether an Offshore Forex Broker Is Legitimate

Checking an offshore forex broker requires more than looking at its website. Traders can verify licences, legal entities, regulatory records, trading conditions and risk information before opening an account.

News
ASIC Warns Prediction Markets Remain Unlicensed in Australia

ASIC Warns Prediction Markets Remain Unlicensed in Australia

ASIC’s Moneysmart has warned that no prediction market operators are currently licensed to offer financial products and services in Australia, leaving local users without key protections under Australian financial law.

News
Nigeria's CBN Slashes FX Futures Costs by 91.5%

Nigeria's CBN Slashes FX Futures Costs by 91.5%

The Central Bank of Nigeria reduced its OTC FX futures transaction fee expense by 91.5% in 2025, saving N11.61 billion, as the naira-settled non-deliverable forwards market went dormant following the bank's September 2023 decision to stop quoting offer rates. FMDQ Group offset the lost fee income through a 283% surge in spot FX activity.

News
Nigeria FX turnover hits $3.73bn on dollar demand surge

Nigeria FX turnover hits $3.73bn on dollar demand surge

Nigeria's FX market turnover surged 117% to $3.73 billion in the week ended August 7, 2026, according to FMDQ Exchange data. Spot transactions dominated with 99.33% of all activity, while the CBN continued aggressive liquidity absorption.

News
GoldBod Raises $75m Without BoG in New Forex Model

GoldBod Raises $75m Without BoG in New Forex Model

Ghana's GoldBod tested a forward foreign-exchange programme on August 3, 2026, raising US$75 million in 48 hours without using the Bank of Ghana as an intermediary. CEO Sammy Gyamfi confirmed the state gold trader is ending the central bank's financing role, partly to avoid IMF concerns over quasi-fiscal activity, and expects the new framework to be finalised by August 19.

News
Can Capital Controls Really Steady a Currency?

Can Capital Controls Really Steady a Currency?

Capital controls can temporarily slow currency sell‑offs, but they create black markets, discourage investment, and do not fix the economic problems that caused the pressure. This article explains their mechanics, uses a hypothetical example, and corrects common beginner misunderstandings.

News
Ubuntu Markets Review: What Traders Should Know Before Depositing

Ubuntu Markets Review: What Traders Should Know Before Depositing

Ubuntu Markets is a South African broker with an FSCA license, MetaTrader 5, and a minimum deposit of $5,000. Its WikiFX score of 5.95 and an entity mismatch between the operating company and the license holder are worth investigating before depositing.

Exposure
Pocket Broker Review: What Traders Should Know Before Depositing

Pocket Broker Review: What Traders Should Know Before Depositing

Pocket Broker markets itself as an accessible share-trading platform with a $1 minimum deposit, but its FSCA license carries a Suspicious Clone designation and user complaints describe blocked withdrawals and confiscated profits. This review examines the regulatory red flags and complaint patterns every trader should assess before depositing.

Exposure
BYBIT Review: What Traders Should Know Before Depositing

BYBIT Review: What Traders Should Know Before Depositing

With a WikiFX score of 2.15 and no regulatory licences, BYBIT's forex and gold trading operations have drawn consistent complaints about denied withdrawals and confiscated profits. This article examines the patterns, regulatory warnings, and what traders should verify before depositing.

Exposure
Why a Credit Rating Downgrade Shakes a Currency

Why a Credit Rating Downgrade Shakes a Currency

Credit rating adjustments can shift international capital flows and reshape currency valuations. This article explains how a sovereign downgrade can trigger bond sales, creating pressure on a currency, and clarifies common misconceptions about ratings as trading signals.

News
Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qa@wikifx.com
Cooperation:business@wikifx.com