Wikilix keeps the public record on every broker it tracks: which regulator licensed it, whether that licence is still valid, how it scores, and whether it has been flagged as a scam or a clone. Search a name and read the record before you deposit.
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Search the record for its licence, complaints and scam check — or tell us about one we should look at.
Wikilix does not summarise a broker’s marketing. Every broker goes through the same four checks, in the same order, and what you read is the result.
Unbiased reviews of each broker's features, pros, and risks to support smart decisions.
Clear info on broker credibility, history, and warning signs to protect traders.
Regulator warning lists, clone registers and withdrawal complaints, cross-checked before a page is published.
Real user reports and ratings to reveal problems and guide better choices.
Brokers on the record, sorted by the licence they hold, where it was issued, and whether we have flagged them. Every count is live.
Every list is assembled from the licences a broker actually holds, where the company is registered and its Wikilix score — not from marketing copy. One headline list from each line of research:
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42 Financial Services a.s.
DE NOVO EAD
Capman Holding AD
EURO-FINANCE AD
Focal Point Investments AD
Alaric Securities OOD
Karoll JSC
Intercapital Markets AD
Bulbrokers EAD
KAIFIN LLC
VANEX LIMITED
Neon Markets Ltd
MarketOnUs Ltd
Mishov Markets Ltd
LidyaTrade Ltd.
TORAFX
Ranked by Wikilix score alone — the licences a broker holds, the regulators that issued them and its trading terms, weighed the same way for every firm. The order changes only when the record does.
96 proprietary trading firms documented from their own challenge terms — profit splits, drawdown rules, payout policy and platforms, set out the same way for every firm so they can be compared rather than pitched.
Wikilix runs an evidence-based investigation on brokers we hold: licence claims checked against the regulator's own register, company registrations traced, withdrawal complaints weighed. Each check publishes with its reasoning and the evidence behind it.
Afex Markets GroupHigh risk (unverified)Chance of scam68%High riskAnonymous unlicensed CFD operationRead the check →
BCS MarketsHigh risk (unverified)Chance of scam65%High riskUnregulated offshore brokerRead the check →FPIHigh risk (unverified)Chance of scam65%High riskNone (licensed investment intermediary; impersonated by third parties)Read the check →
FX SmartBullLikely scamChance of scam73%High riskUnlicensed offshore broker / withdrawal trapRead the check →VTGMHigh risk (unverified)Chance of scam56%Moderate riskOffshore-licensed broker with a lapsed onshore armRead the check →KAIFINHigh risk (unverified)Chance of scam55%Moderate riskUnregulated offshore broker (site offline)Read the check →ZynerixLikely scamChance of scam80%Critical riskUnlicensed anonymous broker (boiler-room pattern)Read the check →Quick answers to the questions traders ask most about brokers, licences and how Wikilix checks them. If yours is not below, ask us and we will answer it from the record.
Definitely. You’re welcome to submit your feedback — it helps protect others and strengthens our community-driven insights.
While we review global brokers, we pay special attention to those popular in the Middle East, Asia, and emerging markets.
Yes. Traders can share reviews or report issues, and this input directly contributes to our transparency and broker ratings.
A trustworthy broker is regulated, transparent, offers fair trading conditions, and earns consistent positive feedback from traders.
We rank brokers using key factors like regulation, trading conditions, platform transparency, and trader reviews. Rankings are objective and frequently updated.
We monitor regulatory changes, platform updates, and user feedback to ensure our data stays current and accurate.
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Yes. We highlight red flags, unresolved complaints, and warning signs based on verified data and community input.
No. We don’t provide financial advice or signals — our mission is to educate and empower users to make their own informed choices.
Absolutely. Our research is independent, regularly verified, and never influenced by broker sponsorships or paid listings.
A broker review gives you a clear picture of a trading platform’s safety, fees, licensing, and real user feedback — so you can trade with more confidence.
Fines, licence changes and warnings from the regulators Wikilix tracks — reported as they are published, with a link to the source.
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