Top 10 FinCEN Registered Brokers by WIKILIX Score

Ten firms make up this ranking, the highest-scoring FinCEN-registered brokers WIKILIX holds with a clean regulation status. They come from a pool of 32 such firms, out of 64 that carry a FinCEN registration in total. Robinhood leads on a WIKILIX score of 59.1, and no FinCEN-registered broker on record scores above 60, so this is a shortlist of solid mid-table names rather than category leaders.

What a FinCEN registration actually is

FinCEN is the United States Financial Crimes Enforcement Network. A firm registers with it as a money services business, an anti-money-laundering obligation that governs how it verifies customers and reports suspicious transactions. It is not a trading-conduct licence, and it says nothing about capital requirements or how client money is kept separate from a firm's own. That is why this order leans on the WIKILIX score and on the other authorities each firm holds, not on the FinCEN entry by itself.

The WIKILIX score gathers a firm's licensing record and operating history into one figure out of 100. Across the 32 clean-status FinCEN registrants the median score is 38.8, so the ten here sit well clear of the middle of that group, and all of them cleared 50.

Every firm here is licensed somewhere else too

The point that matters most: not one of these ten rests on FinCEN alone. Each holds at least three separate authorities' registrations, and every one carries at least one WIKILIX tier-1 authority beyond FinCEN, whether that is the UK's FCA, Australia's ASIC, Hong Kong's SFC, Singapore's MAS, Canada's CIRO or Spain's CNMV. Across the wider pool of 32, 22 hold more than one authority. Monex Europe, the oldest name on the list with a 1985 opening date, pairs its FinCEN entry with the FCA, Spain's CNMV and MAS. GOLDCIRCLE, the newest at 2024, sits on the FCA and MAS alongside it.

What this list does not tell you

A FinCEN registration is a US anti-money-laundering record, so it does not confirm that a firm will accept you as a client where you live, and several of these are payments or crypto businesses rather than retail forex desks. TransferWise and Currenex sit closer to money transfer and institutional currency dealing than to leveraged trading. Kraken and BitMart are crypto exchanges. The ranking does not cover spreads or execution quality, neither of which WIKILIX records. For US retail forex in particular, the conduct regulators to look for are the CFTC and the NFA, not FinCEN.

• Confirm the FinCEN registration on the US Treasury's MSB registrant search before you treat it as current.
• Check which entity you would actually contract with, since a firm may hold an FCA or ASIC licence for one region and offer you a different, unlicensed one.
• For a leveraged US forex account, look for CFTC registration and NFA membership on top of the FinCEN entry.
• Read each firm's own terms for whether it takes clients from your country, because this ranking is built by licence and score, not by market served.