#1
Xtrade International Ltd
OffshoreBelizeEst. 2012FSC
Regulation
License
Spread
37.7Score
Twelve brokers in the WIKILIX database hold a licence from the Anjouan Offshore Finance Authority, the AOFA, the body that registers offshore financial firms on the Comorian island of Anjouan. This page lists every one of them, ordered by overall WIKILIX score. Read the order before you read the names: the highest score here is 33.3 and the lowest is 13.3, so an Anjouan licence on its own is not a mark of quality. It is a registration, and a light one.
The list is built from our licence records rather than curated by hand, so a broker that gains or drops an Anjouan registration appears or disappears without anyone editing this page. The score behind the order weighs recorded regulation and operating history, not spreads or execution. Grand Markets sits top at 33.3 and is the only one of the twelve that also holds a tier-1 licence, from Australia's ASIC. Six of the twelve hold a second licence at all: four pair Anjouan with Indonesia's BAPPEBTI, ICE Markets adds Malaysia's LFSA, and Grand Markets adds ASIC. The other six carry the Anjouan registration and nothing else in our records.
| Broker | Score | Domicile | Other licence | Opened | Max leverage |
|---|---|---|---|---|---|
| Grand Markets | 33.3 | Comoros | ASIC (tier 1) | 2022 | 1:1000 |
| QMMFX | 30.9 | Comoros | None | 2022 | 1:500 |
| DeltaFX | 29.0 | United Kingdom | None | 2002 | 1:1000 |
| LQH Markets | 28.8 | Comoros | None | 2024 | 1:500 |
| KVB | 27.4 | Comoros | BAPPEBTI | 2014 | 1:1000 |
| ICE Markets | 27.2 | Saint Vincent | LFSA | 2017 | 1:300 |
| MIDTOU | 27.2 | Indonesia | BAPPEBTI | 2005 | 1:100 |
| MagnetFX | 24.9 | Indonesia | BAPPEBTI | 2021 | 1:400 |
| Victory International Futures | 24.9 | Indonesia | BAPPEBTI | 2003 | 1:100 |
| Vonway | 23.0 | Hong Kong | None | Not recorded | 1:1000 |
| Phoenix FX | 21.7 | Saint Lucia | None | 2023 | 1:500 |
| GMZ Global | 13.3 | Comoros | None | 2024 | 1:400 |
The register spreads wider than its name suggests. Only five of the twelve are headquartered in the Comoros; the rest sit in the United Kingdom, Indonesia, Hong Kong, Saint Vincent and Saint Lucia and hold Anjouan as an add-on. Six opened in 2021 or later, while the oldest, DeltaFX, dates to 2002. Three carry our "offshore" status label rather than a clean "regulation" one: DeltaFX, Vonway and GMZ Global.
What an Anjouan licence actually is
In the WIKILIX tier model, AOFA is a tier-3, offshore authority. Tier three is the level we record for regulators that let a firm operate but set low bars for capital and for client-money segregation, and that supervise from a jurisdiction with limited enforcement reach. An Anjouan registration confirms a company exists on a register. It does not put a compensation scheme behind your balance, and it gives you no national ombudsman to appeal to if a withdrawal stalls.
What this list does not tell you
An Anjouan licence says nothing about whether a broker will accept you as a client. Our records are organised by the licences a firm holds and by where it is domiciled, not by the countries it onboards from, so you still have to read each broker's own terms for your country. The list also does not rank spreads or withdrawal reliability, because we hold no such fields. DeltaFX and QMMFX score within two points of each other while one sits in the United Kingdom and the other in the Comoros; the number does not tell you which fills an order better, only how each looks on paper.
Before you open an account with an Anjouan-licensed broker
- Find the exact licensed entity. The company on the register, Xenom Group LTD behind the GMZ Global brand or LQH Integrated Ltd behind LQH Markets, is the one you contract with, not the trading name on the site.
- Match the licence number against the AOFA register yourself before depositing. A logo is not a licence.
- Read a 1:1000 figure as a risk setting, not a feature. Four brokers here advertise it, and it magnifies a loss as fast as a gain.
- Check whether the firm holds a stronger licence elsewhere. Grand Markets pairs Anjouan with ASIC; if that entity is the one covering your account, its rules are what protect you.
6brokers on this list
Researched & ranked by the Wikilix team
- #2
Grand Markets Limited
RegulatedComorosEst. 2022ASIC
RegulationLicenseSpread32.9Score - #3
WEALTH-FX
No RegulationComorosEst. 2022AOFARegulationLicenseSpread31.3Score - #4
LQH Integrated Ltd
OffshoreSaint LuciaEst. 2023AOFARegulationLicenseSpread28.3Score - #5
DeltaFx Partnership
OffshoreUnited KingdomEst. 2002AOFARegulationLicenseSpread26.5Score - #6
TORAFX
No RegulationComorosAOFARegulationLicenseSpread25.9Score
This register updates itself from our licence records, so the twelve names above will change as brokers add or drop their Anjouan registration, and the counts on this page reflect what those records held on the day it was generated. If you are weighing an Anjouan-licensed broker, the more useful comparison is usually against a stronger licence rather than a weaker one.
Our list of tier-1 regulated brokers scoring 70 or higher shows what the top of the WIKILIX score range looks like, and the distance between that page and this one is the protection you would be giving up. For neighbouring offshore registers, the MISA (Comoros) and VFSC (Vanuatu) lists cover firms licensed under similar low-bar regimes, while the BAPPEBTI list picks up the Indonesian brokers that pair a domestic licence with an Anjouan one. Whichever you choose, confirm the licence on the AOFA register before you deposit, and read the terms of the entity that actually holds your account.
Frequently Asked Questions
Frequently asked questions
Answers from the Wikilix research team about this ranking.
Most Popular Questions
The page is generated from the AOFA licence records in the WIKILIX database, not maintained by hand, so a broker appears or drops off as its Anjouan registration changes. The counts and scores here reflect the records on the day the page was built. Always confirm a licence on the AOFA register itself before you rely on it.
Recorded maximum leverage on this list runs from 1:100 to 1:1000. Four brokers, Grand Markets, DeltaFX, KVB and Vonway, advertise 1:1000, the offshore ceiling that onshore regulators such as ASIC and the FCA cap far lower. High leverage magnifies a loss as quickly as a gain, so read it as a risk setting rather than a benefit.
DeltaFX, with a recorded opening date in 2002, is the oldest firm on the list, and it is domiciled in the United Kingdom rather than the Comoros. Age is not endorsement: DeltaFX carries our 'offshore' status label and scores 29.0. Half the list is far younger, with six brokers opening in 2021 or later.
This list cannot tell you. Our records are organised by the licences a broker holds and by where it is headquartered, not by the countries it accepts clients from. An Anjouan licence is often used precisely to onboard clients across many countries, but whether it accepts yours is set by each broker's own terms. Check those directly, and confirm any local restrictions before depositing.
Six of the twelve hold a second licence. Four pair Anjouan with Indonesia's BAPPEBTI (MIDTOU, MagnetFX, Victory International Futures and KVB), ICE Markets adds Malaysia's LFSA, and Grand Markets adds Australia's ASIC, the only tier-1 licence on the list. The other six carry the Anjouan registration and nothing else in our records. Where a stronger licence exists, its terms are the ones worth reading.
Grand Markets, at 33.3, is the highest-scoring Anjouan-licensed broker in our database, and the only one of the twelve that also holds a tier-1 licence, from Australia's ASIC. Even so, 33.3 is low on the 0 to 100 WIKILIX scale, and the rest of the list runs down to 13.3. The score reflects recorded regulation and history, not spreads or execution.
An Anjouan licence is a light one. In the WIKILIX tier model AOFA is a tier-3, offshore authority, meaning low bars for capital and client-money segregation and limited enforcement reach. It confirms a company is on a register; it adds no compensation scheme and no national ombudsman. No broker on this list scores above 33.3, so treat the licence as a prompt for more checks, not reassurance.
Twelve brokers in the WIKILIX database hold an Anjouan (AOFA) licence. Ranked by score they are Grand Markets, QMMFX, DeltaFX, LQH Markets, KVB, ICE Markets, MIDTOU, MagnetFX, Victory International Futures, Vonway, Phoenix FX and GMZ Global. The list is generated from our licence records, so it changes automatically whenever a broker adds or drops an Anjouan registration.