Latest case file
MagnaSale
None (licensed institutional firm, brand retired)Risk scorecard0 clean, 10 worst
- Regulation2
- Identity & transparency2
- Withdrawals & conduct2
- Reputation4
- Website claims2
- Operational history2
12 evidence items, 0 against
for a real licence
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.
Search the record for its licence, complaints and scam check — or tell us about one we should look at.




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.
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.
Latest case file
Risk scorecard0 clean, 10 worst
12 evidence items, 0 against
Also published







Brokers on the record, sorted by the licence they hold, where it was issued, and whether we have flagged them. Every count is live.
Stay ahead of the curve with our latest broker additions. Explore fresh platforms and emerging opportunities.

SOLIDUS Securities Investment Services Firm


Red Mars Capital Ltd

Peaksight Ltd

Pareto Securities AS

Mount Nico Corp Limited


Lydya Financial Ltd

Luna Wealth Asset Management Ltd

Lloyds Bank plc

Lightyear Europe AS


HF Markets (SV) Ltd


GWG (Cyprus) Ltd

GPB-Financial Services Limited



Fearnley Securities AS

Exenico (CY) Ltd
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:
131 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 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.
Step 1: Broker scorecard
Unbiased reviews of each broker's features, pros, and risks to support smart decisions.
Step 2: Licence check
Clear info on broker credibility, history, and warning signs to protect traders.
Step 3: Trust review
Regulator warning lists, clone registers and withdrawal complaints, cross-checked before a page is published.
Step 4: Terms check
The client agreement, bonus terms and payment terms, read in full, with every clause a trader would want to know about quoted by number and by how deep it was buried. Where a broker’s documents have been read, the report sits on its page under the trust verdict.
Published
Each broker page carries the date its record was last checked, and a profile is corrected when a reader or a broker shows it is wrong.
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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.
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Fines, licence changes and warnings from the regulators Wikilix tracks — reported as they are published, with a link to the source.
News1 min readChinese crypto exchange CoinEx announces orderly wind-down citing market downturn and rising costs; withdrawals open until December 2026.
Read MoreWe monitor regulatory changes, platform updates, and user feedback to ensure our data stays current and accurate.
While we review global brokers, we pay special attention to those popular in the Middle East, Asia, and emerging markets.
Yes. We highlight red flags, unresolved complaints, and warning signs based on verified data and community input.
Yes. Traders can share reviews or report issues, and this input directly contributes to our transparency and broker ratings.
No. We don’t provide financial advice or signals — our mission is to educate and empower users to make their own informed choices.
A trustworthy broker is regulated, transparent, offers fair trading conditions, and earns consistent positive feedback from traders.
Absolutely. Our research is independent, regularly verified, and never influenced by broker sponsorships or paid listings.
We rank brokers using key factors like regulation, trading conditions, platform transparency, and trader reviews. Rankings are objective and frequently updated.
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.
News3 min readThe Upper Tribunal has upheld the FCA's ban on Odey Asset Management founder Crispin Odey, finding all five allegations proved, and reduced his fine to £1.53m.
Read More
News1 min readNew Zealand's High Court has placed 23 further Chance Voight group entities into liquidation after the FMA's application, finding the active companies insolvent.
Read More
News2 min readThe FCA warns that unauthorised impostors are contacting UK consumers in the name of Flagstone Investment Management Limited (FRN 676754), using a previous registered name and email addresses that are not the firm's.
Read More