#1
Long Asia Group Ltd
RegulatedSaint Vincent and the GrenadinesEst. 2012FINTRAC
Regulation
License
Spread
61.1Score
Thirty-two brokers in the WIKILIX database hold a FinCEN registration and carry a clean status label. FinCEN, the Financial Crimes Enforcement Network, is a bureau of the US Treasury, and its register is an anti money laundering list of money services businesses. It is not a trading licence. Appearing on it does not mean a firm is authorised to take retail forex clients anywhere.
That gap is the reason this page exists. Of the 63 brokers in our records that hold a FinCEN registration, 31 carry a scam, clone or no-regulation flag, so the list here is narrowed to the 32 whose overall status is currently clean. A FinCEN entry proves that a company filed as a money services business with the Treasury. It says nothing about how that company prices trades or protects the money you deposit.
What a FinCEN registration covers, and what it leaves out
MSB registration is a filing, not an approval. A company registers itself and FinCEN records the filing. There is no capital test and no conduct supervision attached to it. That is why the register puts established names next to brand-new shells. Robinhood, which opened in 2013 and also holds SEC and FCA licences, sits on the same list as firms incorporated in Saint Lucia this year that hold nothing else.
Fifteen of the 32 brokers here also hold a licence from a major markets regulator such as the FCA, ASIC or Singapore's MAS. Ten hold a FinCEN registration and nothing else in our records, and the remaining seven pair it with lower-tier or offshore licences. Reading which licences sit beside the FinCEN entry is the quickest way to tell those groups apart.
| Broker | WIKILIX score | Other licences on record | Opened | Max leverage |
|---|---|---|---|---|
| Robinhood | 59.1 | SEC, FCA | 2013 | Not recorded |
| Currenex (State Street) | 58.6 | FCA, SFC, CIRO | 2018 | 1:131 |
| Eddid | 58.1 | SFC, SEC, MAS | 2015 | Not recorded |
| Kraken | 57.9 | FCA, CBI, CySEC | 2011 | 1:5 |
| Monex Europe | 53.3 | FCA, CNMV, MAS | 1985 | Not recorded |
| Uphold | 50.3 | FCA, FINTRAC | 2013 | Not recorded |
| Beirman Capital | 31 | FSC only | 2021 | 1:1000 |
| currency.com | 7 | FinCEN only | 2018 | Not recorded |
Who a reader expects here, and will not find
A lot of search traffic for this term comes from people who mean "brokers regulated in the USA". A FinCEN registration is not that. Only six of these 32 firms are actually headquartered in the United States, and five are registered in Saint Lucia. The register also says nothing about who a broker accepts as a client. A firm can hold a FinCEN MSB entry and still refuse US residents, or take them on without the CFTC and NFA authorisation that US retail forex requires. If US forex oversight is what you are after, the NFA register is the one to read, not this one.
Many names here are crypto and payments businesses rather than margin-forex houses, which is what an MSB register naturally collects. Kraken and BitMart are exchanges. TransferWise and Uphold are payments companies. Their FinCEN entry reflects money transmission, so a blank leverage figure on those cards is expected rather than a hole in the data.
Reading the register before you deposit
- Confirm the MSB filing yourself on the FinCEN MSB registrant search, using the legal entity name rather than the brand.
- Check whether the same firm holds a conduct licence, such as one from the FCA or ASIC, that actually governs client money. FinCEN does not.
- Match the registered legal entity to the one that will hold your deposit, because several firms here trade under a name that differs from the registered company.
- Treat a card listing FinCEN and nothing else as offshore until shown otherwise. Ten of these firms are in exactly that position.
- If you are a US resident, verify CFTC and NFA status separately, since a FinCEN entry does not cover retail forex there.
32brokers on this list
Researched & ranked by the Wikilix team
- #2
Robinhood Markets, Inc
RegulatedUnited StatesEst. 2013SEC
RegulationLicenseSpread59.1Score - #3
State Street Corporation
RegulatedUnited StatesEst. 2018FinCEN
RegulationLicenseSpread58.6Score - #4
Eddid Holdings Group
RegulatedHong KongEst. 2015SFCRegulationLicenseSpread58.1Score - #5
Payward, Inc
RegulatedUnited StatesEst. 2011FinCEN
RegulationLicenseSpread57.9Score - #6
Troy Market Limited
RegulatedSaint LuciaEst. 2025FinCEN
RegulationLicenseSpread55.1Score - #7
TransferWise Ltd
RegulatedAustraliaEst. 2011FCA
RegulationLicenseSpread53.7Score - #8
BitMart
RegulatedCanadaEst. 2017FinCEN
RegulationLicenseSpread53.5Score - #9
Monex Europe Ltd
RegulatedUnited KingdomEst. 1985FCA
RegulationLicenseSpread53.3Score - #10
GOLD CIRCLE DIGITAL LIMITED
RegulatedUnited KingdomEst. 2024FinCENRegulationLicenseSpread52.3Score - #11
Uphold Worldwide Ltd
RegulatedBahamasEst. 2013FinCENRegulationLicenseSpread52.0Score - #12
Kwakol Markets
RegulatedUnited StatesEst. 2021ASICRegulationLicenseSpread51.9Score
This list is generated from the WIKILIX licence records, so it changes on its own. When a firm files or drops a FinCEN registration, or when its status label moves off clean, it enters or leaves this page without anyone editing the copy. The counts above reflect the records as they stand on 11 August 2026.
A FinCEN entry is one data point among several, and rarely the decisive one. If you are weighing a broker that appears here, the sharper question is which conduct regulator stands behind it. For that, the sibling rankings are a better starting point: FCA regulated brokers covers UK authorisation, while SEC regulated brokers and NFA regulated forex brokers cover the two US registers that actually govern securities and retail forex. Our FINTRAC registered brokers page is the Canadian counterpart to the register shown here.
Whichever you check, confirm the entry on the regulator's own database before you deposit. The FinCEN registrant search is public, and a registration a broker cannot point you to is a registration worth doubting.
Frequently Asked Questions
Frequently asked questions
Answers from the Wikilix research team about this ranking.
Most Popular Questions
Use the public FinCEN MSB registrant search and enter the broker's legal entity name rather than its brand, since the two often differ. The tool shows whether a money services business registration is on file. Remember that a match only confirms the AML filing; it does not confirm a trading licence or client-money protection.
Fifteen of the 32 hold a licence from a major markets regulator such as the FCA, SEC, ASIC or MAS in addition to their FinCEN registration. Ten hold a FinCEN registration and nothing else in our records, and the remaining seven pair it with lower-tier or offshore licences. The mix of licences on each card is the clearest signal of where a firm actually answers.
No. Registration is self-filed and carries no capital or conduct requirement, so it cannot stand in for due diligence. In our records, 31 of the 63 FinCEN-registered brokers carry a scam or clone flag, which is why this page shows only the 32 with a clean status. Confirm a separate conduct licence before you deposit.
Because FinCEN registers money services businesses, and crypto exchanges and payment firms file as MSBs. Kraken, BitMart, Uphold and TransferWise all appear here for their money-transmission activity rather than margin forex. That is also why several cards show little or no leverage: these firms are not primarily offering leveraged currency trading, so a blank leverage figure is expected rather than missing data.
Monex Europe, which opened in 1985 and holds FCA, CNMV and MAS licences alongside its FinCEN registration. The next oldest is FCX, dated 1995 in our records. Most of the list is far newer: 18 of the 32 brokers opened in 2020 or later, and five were incorporated in Saint Lucia within the last two years.
A FinCEN registration is not the answer to that question, even though it is a US register. Retail forex in the United States is overseen by the CFTC and the NFA, not FinCEN. Only six of the 32 brokers here are US-headquartered, and a FinCEN entry does not authorise a firm to take US retail forex clients. Check the NFA register for that specific permission.
Not in the way most traders mean. A FinCEN registration is an anti money laundering filing that a money services business makes with the US Treasury. It records that the firm registered, and nothing about how it prices trades or protects client funds. Conduct supervision comes from bodies like the FCA, ASIC or the SEC, which is why the licences listed beside a FinCEN entry matter more than the entry itself.
Thirty-two, as of today. That is the subset with a clean WIKILIX status label. The full FinCEN register in our database holds 63 brokers, and 31 of them currently carry a scam, clone or no-regulation flag that keeps them off this page. The list is generated from licence records, so the count moves as registrations and status labels change.