FSCA Regulated Brokers

Exness is a forex and CFD broker that was established in 2008. The company offers five types of trading accounts: Standard from $10 and Standard Cent from $10, which is commission-free with spreads from 0.2-0.3 pips, Pro from $200 with spreads from 0.1 pips and no commission, Raw Spread from $200 with spreads from 0.0 pips and up to $3.50 per side per lot, and Zero from $200 with zero spreads on major pairs from $0.20 per side. Leverage can reach 1:Unlimited on equity below $5,000, also decreasing the ratio to 1:2000, 1:1000 and 1:500 for higher account balances. MT4, MT5 and the Exness Trade app are available as trading platforms. The main website is run by Exness (SC) Ltd, which is licensed by the Seychelles Financial Services Authority (SD025). The UK and Cyprus branches, Exness (UK) Ltd (FCA 730729) and Exness (Cy) Ltd (CySEC 178/12), are not available to retail clients. Other licenses include FSCA South Africa, BVI FSC, and Curaçao CBCS. The information was last checked against the Exness website on 5 October 2026.

HFM, formerly HotForex, is a forex and CFD group founded in 2010 and headquartered in Limassol, Cyprus. Its licensed entities include HF Markets (Europe) Ltd (CySEC, 183/12), HF Markets (UK) Ltd (FCA, 801701), HF Markets SA (PTY) Ltd (FSCA, 46632), HF Markets (Seychelles) Ltd (FSA, SD015), HFM Investments Ltd (CMA Kenya, 155) and HF Markets Ltd in Mauritius (FSC, C110008214). The global website is operated by HF Markets (SV) Ltd, a Saint Vincent and the Grenadines IBC, 22747 IBC 2015, which is a company registration rather than a financial licence. The account types are Cent, Zero, Pro and Premium, with the offshore InfinityX offering extreme leverage on a $500 deposit. Leverage reaches 1:2000 on equity below $5,000, decreasing to 1:1000, 1:500 and 1:200 higher balances.. Spreads start from 0.0 pips on Zero with commission around $6 per lot round-turn; Pro carries a $100 minimum. Terms last verified against HFM's own pages on 5 October 2026.

FXTM (ForexTime) is a forex and CFD broker offering five account types: Micro from $30 with spreads from 1.7 pips commission-free, Rewards Plus from $100 with spreads from 1.5 pips and double cashback, Rewards from $200 with spreads from 0.9 pips, Advantage from $500 with spreads from 0.0 pips at $3.50 per lot per side, and Advantage Stocks from $200 for non-leveraged share investing, with leverage up to 1:5000 on the Rewards accounts. MetaTrader 4, MetaTrader 5 and the FXTM mobile app are supported. The operating company is Exinity Limited, registered in Mauritius (C119470 C1/GBL) and licensed by the Financial Services Commission of Mauritius (Investment Dealer C113012295) and the FSCA of South Africa (FSP 50320). A Dubai arm, Exinity Global Financial Services L.L.C., is supervised by the UAE Capital Market Authority (licence 20200000270) for promotion and introduction, and Exinity Capital East Africa Ltd is licensed by the Capital Markets Authority of Kenya (No. 135). Terms last verified against FXTM's own pages on 5 October 2026.

AvaTrade is a forex and CFD broker established in 2006 that operates under eight different entities, depending on the jurisdiction of a client opening an account. Specifically, Ava Trade Markets Ltd. is licensed by the BVI Financial Services Commission (BVI SIBA/L/13/1049), and it hosts the main website (avatrade.com). AVA Trade EU Ltd. is regulated by the Central Bank of Ireland (C538777), DT Direct Investment Hub Ltd. has a CySEC license (347/17), Ava Capital Markets Australia Pty Ltd. holds an ASIC license (406684), Ava Capital Markets Pty has FSCA number 45984, Ava Trade Middle East Ltd. is regulated by ADGM’s Financial Services Regulatory Authority (190018), Ava Trade Kenya Limited has a CMA Kenya license (262), and Ava Trade Japan K.K. is licensed by Japan’s Financial Services Agency (1662). The instruments range from forex to indices, commodities, stocks, bonds, ETFs, and cryptocurrencies. The broker does not charge a commission for trades; instead, it profits from the spreads between the bid and ask prices. The trading platforms include MetaTrader 4, MetaTrader 5, AvaOptions (options and FX options trading), and web and mobile applications. The information was last updated on the broker’s website on 5 October 2026.

ThinkMarkets was founded in 2010 and operates under the TF Global Markets group. New accounts are opened with TF Global Markets Int Limited, regulated by the Financial Services Authority of Seychelles (SD060). The group also holds an FCA licence (TF Global Markets (UK) Limited, FRN 629628), a CySEC licence (TF Global Markets (Europe) Ltd, 215/13), an FSCA licence (FSP 49835), a DIFC/DFSA registration (F004173) and a CIMA licence (TF Global Markets (International) Ltd, 1612531). Its Australian entity is a Corporate Authorised Representative rather than a direct ASIC licensee. Leverage is dynamic, starting at 1:5000 on FX majors for smaller positions and reducing as position size grows. Not available to residents of the EU, UK, US, Canada, Bermuda, Russia, India, Japan and St Lucia.

Libertex is a trading brand of the Libertex group, operating since 1997. Its European entity is Indication Investments Ltd, licensed by the Cyprus Securities and Exchange Commission, licence 164/12, giving EU and EEA clients negative balance protection and coverage by the Investor Compensation Fund up to 20,000 euros. Its global site, libertex.org, is however operated by Forex Club International LLC, a company registered in Saint Vincent and the Grenadines, 1277 LLC 2021. That is a company registration, not a financial licence, and clients outside Europe typically onboard with this entity. The MetaTrader offering comprises a Standard account with spreads from 0.6 pips and zero commission, and a Raw Spread account with spreads from 0.0 pips and commission from $3 per lot per side, both with a $100 first deposit and ESMA leverage caps of 1:30 on major pairs. The proprietary Libertex platform offers a CFD account with a multiplier up to 1:999 depending on instrument. Terms last verified against Libertex's own pages on 5 October 2026.

Traders Trust is the trading name of Traders Trust Ltd (Seychelles company number 8429440-1), based at CT House, Office 9A, Providence, Mahe, and regulated by the Seychelles Financial Services Authority under Securities Dealer licence SD141. All new accounts are onboarded through this entity. The brand's former Cyprus entity, TTCM Traders Trust Capital Markets Ltd, renounced its CySEC licence 107/09 in June 2026 and is no longer authorised. A third group company, TTCM Traders Capital Limited, is incorporated in Bermuda and is not regulated. Traders Trust offers Classic, Pro and VIP accounts with leverage up to 1:3000.

FXPRIMUS is a forex and CFD broker founded in 2009, operating on MetaTrader 4 and MetaTrader 5 with four main account types: PrimusCLASSIC from $15 with spreads from 1.5 pips and no commission, PrimusPRO from $500 with tight spreads and $10 per lot commission on MT4 ($8 on MT5), PrimusZERO from $1,000 with zero spreads at $5 commission, and PrimusSynthetics with effective leverage up to 10,000. Leverage on forex runs to 1:2000 on Classic, and steps down with account equity, to 1:50 at $100,000. The website and client contracts are operated by Primus Markets INTL LTD, licensed by the Vanuatu Financial Services Commission (14595), Port Vila. The brand's European arm is Primus Global Ltd (CySEC, 261/14), and its former South African FSCA licence is no longer valid. Terms last verified against FXPRIMUS's own pages on 5 October 2026.

Alpari is the trading name of Parlance Trading Ltd (registered number HY00423015), based in Fomboni, Mohéli, Comoros, and licensed by the Mwali International Services Authority (MISA) as an International Brokerage and Clearing Company under number T2023236. This is offshore, Tier-3 regulation with no statutory investor compensation scheme. Alpari offers Micro, Standard, ECN and Pro ECN accounts on MT4 and MT5. Note: the Alpari brand is legally distinct from the former Alpari (UK) Limited, which entered special administration in January 2015.