Tag: Martin St-Hilaire

Attention: Offshore Broker TradeNext Received Red Compliance Rating!

Offshore Broker Ben - April 11, 2023

TradeNext is an offshore broker regulated by the Financial Services Commission (VFSC) in Vanuatu and focused primarily on Indian clients, from where almost 100% of the website visitors come. Besides the Vanuatu entity, Progressium LLC on St. Vincent & the Grenadines is also listed as the operator. Bank deposits are processed via an account of the Indian Priyanka Industries, which means red flags for us. We have given TradeNext a Red Compliance rating. You should avoid the broker.

Offshore Broker TitanFX With Orange Compliance Rating!

FSC Mauritius tamir - April 11, 2023

TitanFX is an offshore multi-asset broker licensed by the VFSC in Vanuatu and the FSC Mauritius. It offers its services to retail and corporate clients. TitanFX's website is mainly visited by Japanese clients, but people in the Netherlands and the United States are also among the website users, Similarweb analysis shows. We believe that TitanFX is affiliated with the FCA-regulated Pelican Trading and TradeNext or shares some resources with it We have given TitanFX an Orange compliance.

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