NovaFX
NovaFX, licensed by the Seychelles FSA (SD115), offers MT5 with up to 1:500 leverage, a $50 minimum, and segregated funds.
FXON
FXON, a Seychelles-licensed broker that began operating in April 2024, offers MT4 and MT5 with up to 1:1,000 leverage and 25 crypto CFDs.
FIXIO
FIXIO, the 2024 rebrand of FiXi FX, offers MT5 and cTrader with up to 1:400 leverage and a $5 minimum across several licensed entities.
Iconic Management
Iconic Management claims ASIC regulation, but fxcodex's own classification says Seychelles FSA, and its London address is identical to IDFPOWER's.
FiXi FX
FiXi FX has a genuine Seychelles FSA license, but its regulatory picture is otherwise fragmented across four entities and its MT5 platform isn't actually available.
AxonMarkets
AxonMarkets names two different companies as its operator and license holder, and charges a fee to withdraw without meeting a trading-activity threshold.
FinPros
FinPros is a Cyprus-based, Seychelles FSA-regulated forex broker offering four MT5 account tiers -- though several figures across its own published materials (maximum leverage, account naming, minimum deposit) are worth confirming direct...
WBinvest
WBinvest Review Overview WBinvest is the current brand in a lineage tracing back through WindsorBrokers and WMMarkets, with the WBinvest name itself launching in spring 2026. The operating entity, Legacy Capital Ltd, is regulated by the...
TradeQuo
TradeQuo Overview: Company, Regulation and Track Record TradeQuo is a forex and CFD broker launched in 2025 as a brand under the wider QuoMarkets group (which the company's own materials elsewhere date to 2020), operated by Trade Quo Gl...
TopFX
TopFX Overview: Company, Regulation and Track Record TopFX is a forex and CFD broker founded in 2010 by Alex Katsaros, formerly head of product development at cTrader -- a background that explains why the broker places unusually strong ...

