Risk scorecard
Each area is scored 0 (clean) to 10 (worst). Higher means more risk.
Regulation
7/10 · HighThe only oversight claimed is MISA, which the Comoros central bank has disavowed as having no authority to license financial firms, and the advertised licence could not be confirmed on any public register.
Identity & transparency
5/10 · ModerateEntity, registration number, jurisdiction and address are disclosed and self-consistent and the domain matches the entity, but ownership and management are undisclosed, no platform is named, and the address is a shared Fomboni mailbox.
Withdrawals & conduct
4/10 · ModerateA single unverified report alleges a refused withdrawal and pressure to deposit more; several users report fast payouts and no cross-platform pattern is established.
Reputation
5/10 · ModerateThe public footprint is very thin, seven net-positive Trustpilot reviews with no regulator warning against this domain, too sparse to be reassuring.
Website claims
5/10 · ModerateNo fabricated tier-one claims, fake awards or guaranteed-profit language, but the site presents a disavowed MISA registration as genuine regulation.
Operational history
5/10 · ModerateThe domain dates to May 2025, about sixteen months, and the operating company could not be dated, so the short track record is an upper bound and unproven.
Who they are
A quick desk file on the company behind the brand.
- Brand: FXverge
- Legal entity: Fxverge Ltd
- Registered: P.B. 1257 Bonovo Road, Fomboni, Comoros (Mwali / Moheli island), registration HV00725464
- Website: fxverge.com (first registered May 2025)
- Only licence: Mwali International Services Authority (MISA), number BFX2025073, an offshore paper registration the Comoros central bank says carries no real authority
- Offers: CFDs on 300+ instruments, up to 1:400 leverage, 0% commission, a $250 minimum deposit; no MT4, MT5 or other named platform is disclosed
- Not accepted: clients in the EEA, USA, Canada (British Columbia), Iran, North Korea, Myanmar and Russia
- Age claim: none stated on the site; the domain dates to May 2025
Regulation
Who really oversees this broker, and what each licence is worth to you.
Proof of regulation on an official register: No
We could not confirm this broker on any genuine regulator’s register.
Licences the broker publishes
Mwali International Services Authority
Why we reached this verdict
How the evidence adds up.
We publish a risk score of 65 out of 100. The evidence we could gather points to a lower figure of about 56, but FXverge is under three years old, and a young operation with so little public history is exactly the case where a clean-looking file means the least, so the score is carried up to match that profile rather than any proven wrongdoing.
- The only oversight FXverge claims is a MISA (Mwali) licence. The Banque Centrale des Comores, the country's central bank, has stated that MISA is a fictitious body with no authority to license financial firms, so this licence gives clients effectively no protection.
- The specific licence advertised, BFX2025073, could not be confirmed on any public MISA register. The reachable public lists only run to the 2024 series, and the current issuer register is not open to the public.
- The operation is new. The website domain was first registered in May 2025, and the operating company could not be dated on the Mwali registry, so the age rests on the domain alone and is an upper bound.
- The public track record is very thin: seven Trustpilot reviews and no substantive forum discussion. One reviewer alleges a refused withdrawal followed by demands for more deposits, but others report fast payouts, so no dependable pattern is established.
- No trading platform, whether MT4, MT5, cTrader or a named proprietary system, is disclosed anywhere on the site.
Evidence ledger
Every finding, with its source and how strongly it points.
E1The FXverge website domain fxverge.com was first registered on 6 May 2025, making the operation only about sixteen months old.
ModerateVerisign RDAPE2The only authority FXverge names is the Mwali International Services Authority (MISA); the Banque Centrale des Comores has publicly declared MISA a fictitious body with no authority to license financial firms.
E3The advertised MISA licence BFX2025073 does not appear on the public Mwali brokerage register, which lists only the 2024 series; the current issuer register is not publicly accessible.
E4FXverge, fxverge.com and Fxverge Ltd do not appear on Japan's FSA list of warned unregistered overseas operators, updated 25 September 2026, contrary to claims repeated on some review sites.
ModerateJapan Financial Services AgencyE5One Trustpilot reviewer alleges FXverge refused a withdrawal citing insufficient collateral and then demanded further deposits; the report gives no amounts, dates or ticket numbers and is not corroborated on other platforms.
ModerateTrustpilotE6Several Trustpilot reviewers report fast cryptocurrency withdrawals, one completed within fifteen minutes, so no consistent withdrawal-blocking pattern is established.
WeakTrustpilotE7FXverge's own company page states it is Fxverge Ltd, registered in Mwali (Moheli) as HV00725464, authorised and regulated by MISA under licence BFX2025073, at a Fomboni mailbox address, and it names no trading platform.
ModerateFXverge company information pageE8FXverge's public review base is very small, seven Trustpilot reviews, and no Forex Peace Army or Reddit threads discuss it, which is a thin footprint for a live deposit-taking broker.
The other side
The strongest case in this broker’s favour.
In fairness, several points cut in FXverge's favour, and we did not find proof of theft.
- Some Trustpilot users report deposits and withdrawals working normally, including a cryptocurrency withdrawal completed within fifteen minutes.
- FXverge does not hide behind a fake tier-one badge. It discloses its Mwali registration, company number and address openly, and it is not impersonating any well-known regulated brand.
- Contrary to claims repeated on several review sites and in one Trustpilot review, FXverge does not appear on Japan's FSA list of warned unregistered operators, which was current when we looked.
- An offshore-only licence and a young domain describe a high-risk profile, not proven fraud. Many offshore brokers operate this way without stealing client money.
What would change this
What we would need to see to revise the verdict.
Our view would move up or down on concrete facts.
- Toward safer: the current MISA register, or a regulator of real standing, showing licence BFX2025073 genuinely held by Fxverge Ltd; a longer, clean track record as the operation ages; consistent independent reports of paid withdrawals.
- Toward scam: a regulator warning naming fxverge.com; several independent, detailed reports across different platforms describing the same refused-withdrawal or pay-more-to-withdraw pattern; evidence that the licence number belongs to another company or was fabricated.
Check it yourself
Official registers and warning lists. Verify every claim first-hand.
FXverge company and licence disclosure
The broker's own statement of its Mwali registration and MISA licence.
Japan FSA list of warned unregistered operators
Search the official warning list; FXverge does not currently appear on it.
What a MISA (Mwali) licence is
Explains that the Comoros central bank says MISA cannot license financial firms.
FXverge reviews on Trustpilot
User reviews, including one alleging a refused withdrawal.
Mwali (MISA) authorised-brokerage list
The public Mwali brokerage list, a 2024-series snapshot.
Frequently asked questions
Quick answers about this broker’s safety.
Is FXverge a scam?
We cannot call it a confirmed scam. We found no regulator warning against fxverge.com and no proven theft. But FXverge is a young, offshore, thinly-reviewed broker whose only licence carries no real authority, so we rate it high-risk and unverified at 65 out of 100 and urge caution.
Is FXverge a fraud?
No court or regulator has found FXverge to have committed fraud, and we did not confirm fraud ourselves. We do assess the overall risk as high, because the operation is new, its regulator is disavowed, and one user alleges a blocked withdrawal. Treat it with care.
Is FXverge regulated?
Only by the Mwali International Services Authority (MISA) in the Comoros. The Comoros central bank has said MISA has no authority to license financial firms, so in practice FXverge has no meaningful regulation.
What is a MISA licence worth?
Very little. MISA sells offshore paper registrations on the island of Moheli. It has no compensation scheme and no real power to force a broker to return your money, and the national central bank has publicly disavowed it.
Can I withdraw my money from FXverge?
Some users report fast crypto withdrawals, but one reviewer says FXverge refused a withdrawal and then demanded further deposits. Because the track record is so short, withdrawal reliability is not proven either way. Be cautious and test with a small amount.
Is my money safe with FXverge?
There is no strong safety net. A MISA licence provides no investor protection or compensation, and the company is barely a year old. If the firm failed or refused payouts, your options to recover funds would be limited.
Who owns FXverge and where is it based?
The operator is Fxverge Ltd, registered in Mwali (Moheli), Comoros, at a Fomboni mailbox address shared by many offshore firms. The site does not name the people who own or run it.
How old is FXverge?
The website domain was first registered in May 2025, so the operation is only about sixteen months old. The company's incorporation date could not be confirmed on the Mwali registry, so its true age may be even shorter.
Did Japan's FSA warn about FXverge?
Several review sites say so, but we checked Japan's FSA list of warned unregistered operators and FXverge does not appear on it. The claim is not supported by the FSA's own current list.
Is FXverge a clone of another broker?
We found no sign of that. FXverge uses its own name, and its website domain matches its legal entity. It is not copying the licence number or identity of a well-known regulated firm.
What trading platform does FXverge use?
The site does not say. It advertises CFDs on 300+ instruments and mobile trading but names no MT4, MT5, cTrader or proprietary platform, which is unusual and worth clarifying before depositing.
What should I check before depositing with FXverge?
Confirm who you are dealing with, check that a small test withdrawal actually works, and never pay an extra fee or tax to release funds. Prefer a broker regulated by a tier-one authority such as the FCA, ASIC or CySEC.
What do I do if I cannot withdraw from FXverge?
Stop depositing immediately, especially if you are asked to pay a fee or tax to unlock funds, as that is a classic trap. Keep all records, ask your bank or card provider about a chargeback if you can, and report the matter to your local financial regulator or police.
Scan history
How this broker’s safety assessment has changed across scans.
What changed since September 25, 2026
- September 25, 2026CurrentHigh risk (unverified)65% risk
- September 25, 2026High risk (unverified)65% risk
Past scans are archived snapshots kept for transparency and are not indexed by search engines.
What we recommend
The practical takeaway from everything above.
Treat FXverge as high-risk and unverified until more is known.
- Do not deposit money you cannot afford to lose, and start with the smallest amount if you test it at all.
- Understand that a MISA (Mwali) licence offers no meaningful protection or compensation if funds go missing.
- Keep records of every deposit, chat and withdrawal request, and be very cautious if you are ever asked to pay a tax, fee or extra deposit to release a withdrawal.
- Prefer brokers licensed by a tier-one authority such as the FCA, ASIC or CySEC, which offer real oversight and dispute channels.
This is an independent assessment of risk, not a legal ruling. Scores and verdicts follow the Wikilix broker-safety methodology and can change as new evidence appears. Review scores are treated with caution when a broker’s reviews look manipulated. Last reviewed September 25, 2026. If any detail here is out of date or incorrect, or you represent this broker, please contact us.
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