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/10

MILKY WAY

Cayman Islands Cayman Islands | 1-2 years |
Scam Brokers | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://www.milkyway-forex.com/

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Rating Index

Contact

https://www.milkyway-forex.com/
171 Elgin Ave, George Town SIX, Cricket Square Grand Cayman KKY1-1001

license Forex License

No forex trading license found. Please be aware of the risks.

This platform is a Ponzi Scheme. Please stay away!
  • This broker has been verified as unauthorized. All of its previous licenses have expired, and it has been placed on WikiFX's Scam Brokers list. Please be aware of the high risk.
4

Basic Information

Registered Region
Cayman Islands
Operating Period
1-2 years
Company Name
MILKY WAY Exchange, Inc
Address
171 Elgin Ave, George Town SIX, Cricket Square Grand Cayman KKY1-1001
Verified Site
About Us
Wiki Q&A
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Official Website

Verified Site

  • milkyway-forex.com
    137.220.224.20
    Server Location
    Japan Japan
    ICP Registration No.
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    Top Visitor Locations
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    Creation Date
    --
    Website Name
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    Company
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Review summary

MILKY WAY Exchange, Inc is a financial services entity registered in the Cayman Islands, operating for 1-2 years according to WikiFX data. The entity holds no valid authoritative forex trading licenses, placing it outside established financial regulatory frameworks. With a comprehensive WikiFX score of 1.26/10, it operates as an unregulated entity, which means client funds operate without the protective oversight typical of mainstream regulated brokers. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-03-25)

Company Profile

  • Scam Brokers
  • 1-2 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

What is the regulatory status and risk profile of MILKY WAY?

MILKY WAY Exchange, Inc. operates as an unregulated entity, holding no valid authoritative forex trading licenses. According to its WikiFX profile, it has a comprehensive score of 1.26 out of 10, reflecting a high-risk profile due to the complete absence of financial regulatory oversight and client fund protections that are standard with mainstream brokers. The entity is registered in the Cayman Islands.

04-02
United States

Is MILKY WAY regulated?

No, MILKY WAY is not regulated. The company does not possess any verified licenses from mainstream financial authorities, placing client activities outside established regulatory frameworks and standard investor protection schemes.

04-02
United States

When was MILKY WAY established?

Based on WikiFX data, MILKY WAY has been operating for 1-2 years.

04-02
United States

¿Qué significa que un bróker tenga múltiples licencias regulatorias?

Cuando un bróker posee múltiples licencias regulatorias, generalmente significa que opera en diferentes jurisdicciones y debe cumplir requisitos normativos de varios organismos supervisores, lo que puede reflejar mayor capacidad operativa internacional. No obstante, la solidez de la supervisión puede variar entre reguladores, especialmente en el caso de licencias offshore. Se recomienda verificar si el bróker cuenta con licencias de organismos principales como FCA o ASIC y revisar su historial regulatorio mediante WikiFX.

In a week

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

04-02
United States

Apa saja yang perlu diperhatikan saat memilih broker yang aman?

Saat memilih broker yang aman, investor perlu memperhatikan status regulasi, keamanan dana, dan transparansi kondisi trading. Disarankan memilih broker yang diawasi oleh regulator utama seperti FCA, SEC, atau ASIC. Selain itu, penting juga memastikan apakah dana klien disimpan secara terpisah, struktur biaya transparan, dan apakah terdapat catatan masalah penarikan dana atau keluhan pengguna. Skor WikiFX dan ulasan pengguna dapat menjadi referensi tambahan.

In a week

¿Qué aspectos deben considerarse al elegir un bróker seguro?

Al elegir un bróker seguro, los inversores deben centrarse en factores como la situación regulatoria, la seguridad de los fondos y la transparencia de las condiciones de trading. Generalmente se recomienda priorizar plataformas reguladas por organismos reconocidos como la FCA, la SEC o la ASIC. También es importante verificar si los fondos se mantienen en cuentas segregadas, si la estructura de comisiones es transparente y si existen incidencias relacionadas con retiradas o reclamaciones relevantes. La puntuación de WikiFX y los comentarios de usuarios pueden servir como referencia adicional.

In a week

Apakah dana masih dapat dipulihkan setelah terjadi penipuan investasi?

Pemulihan dana setelah terjadi penipuan investasi dapat menjadi proses yang sulit, namun tindakan cepat dapat membantu mengurangi potensi kerugian. Disarankan untuk menyimpan catatan transaksi dan komunikasi, menghubungi pihak bank untuk mencoba menghentikan atau membekukan pembayaran, serta melaporkan kejadian kepada otoritas setempat. Investor juga dapat menggunakan kanal pengaduan di WikiFX untuk meningkatkan visibilitas kasus.

In a week
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