YEWTrading
YEWTrading offers 1:100 leverage, copy trading, and several bonuses, but cites only UK company incorporation and charges 10% to withdraw.
WL
WL offers up to 1:999 leverage and deposit bonuses, but discloses no country, address, or license and charges a 2% withdrawal fee.
SvoFX
SvoFX offers built-in copy trading at up to 1:100 leverage, but cites only a minimal Panama Aviso registration and funds only by bank transfer with a mandatory $30 fee.
IS6FX
IS6FX offers a 1:6,000 leverage account and multiple bonuses, but has a 3-entity fragmented structure and restrictive bank-transfer-only withdrawals.
HastForex
HastForex offers 400x leverage and bonus campaigns, but cites a weak SVG FSA license and fxcodex's own note directs readers to HastForex's recruiter.
GemForex
GemForex offers free copy trading and EAs, but operated unlicensed for 9 years before its 2019 NZ FSP license, and is a Japan-founded broker using an overseas structure to bypass Japan's leverage cap.
FXPD
FXPD explicitly discloses that its regulatory status is undisclosed, and recruits Japanese traders primarily via LINE OpenChat.
FXFair
FXFair offers genuine crypto CFD trading, but its SVG registration issues no license, and its only actual license is a minimal Panama registration.
DiscoveryFX
DiscoveryFX cites Australian ASIC and US MSB registrations, but the ASIC entity name is oddly spelled and the US registration's address is in Samoa.
DealFX
DealFX offers 32 crypto pairs and dual client protections, but its older published materials pre-date a separate 2026 caution: individuals connected to DealFX are understood to be running a prop firm targeting Japan.

