FinCEN-Registered Brokers: The Full Register

Sixty-three brokers in the WIKILIX database list a registration with the United States Financial Crimes Enforcement Network, better known as FinCEN, and this page is the complete register of them, ordered by WIKILIX score. Read one fact before the list. FinCEN is an anti-money-laundering bureau of the US Treasury, not a conduct regulator, so a FinCEN entry records that a firm registered as a money services business, not that anyone checked how it holds client money.

That gap is why 31 of the 63 here carry a WIKILIX warning flag, and the top of the register proves it without help. The highest score belongs to U.S. Bank at 82, yet its recorded status is noRegulation. HTFX, a UK-registered firm that opened in 2018, scores 62.9 and carries a scam status. Between the flagged names sit genuinely licensed firms such as Robinhood Markets, which opened in 2013 and holds SEC and FCA records alongside its FinCEN one, and Monex Europe, the oldest firm on the list with a 1985 opening date.

What a FinCEN registration is, and what this list required

The list is every active broker in the WIKILIX database whose licence records include FinCEN, with no score floor applied, so it is the full population rather than a shortlist. The order is the WIKILIX score, highest first, which is a composite of a broker's regulation and track record rather than a safety rating on its own. Here is how the 63 break down.

• 32 hold a clean regulation status. The other 31 are flagged: 18 as suspicious clones, 7 as unregulated, 3 for exceeding their stated remit, 2 as offshore and 1 as a scam.
• 28 list no authority other than FinCEN, so a Treasury AML registration is the only supervisory record we hold for them.
• 35 hold at least one other authority on top of FinCEN, ranging from the FCA and SEC to offshore registries.
• 17 registered since the start of 2024, and the median score across all 63 is 32.7.

Why a FinCEN line is easy to misread

Registering as a money services business is a filing a firm makes about itself under the Bank Secrecy Act. FinCEN collects it to track money laundering, and it does not authorise anyone to take deposits or run a trading book. The bodies that license and supervise dealers are different: the SEC and the CFTC with the NFA in the United States, the FCA in the United Kingdom. A FinCEN entry belongs next to one of those, not in place of it. The mismatch shows up in the leverage too. Nine firms here advertise up to 1:1000, several of them registered in Saint Lucia, Saint Vincent or Comoros while flying a US FinCEN line, whereas a licensed name like Kraken caps leverage at 1:5.

Before you read a FinCEN entry as protection

• Look the firm up on FinCEN's MSB registrant search and confirm the legal name matches the trading brand, because a registration is often filed under a different company name.
• Check which MSB activities the registration covers. It authorises money transmission and reporting, not custody of your trading capital.
• Look for a conduct licence from the regulator that governs your product, such as the SEC or the NFA in the US or the FCA in the UK, and treat FinCEN as an extra, never the main credential.
• Match the stated domicile to the claim, since a firm registered in an offshore haven while advertising a US FinCEN line is the pattern several names on this register follow.
• Read the WIKILIX status on each card before the score, because a high composite number does not clear a clone or scam label.

This reflects the FinCEN records held in the WIKILIX database as of today. Confirm any registration on FinCEN's own register before you deposit, and treat a missing conduct licence as the more important fact.