FCA-Regulated Forex Brokers Are Declining — 31 Platforms to Avoid
As of December 1, 2025, a total of 105 companies in the United Kingdom held CFD licences.
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Abstract:Recently, Mitrade, an online forex broker registered in Australia, announced the launch of Mitrade Academy. But what is Mitrade Academy?

Recently, Mitrade, an online forex broker registered in Australia, announced the launch of Mitrade Academy. Mitrade Academy can help traders to learn how to trade forex.
About Mitrade
Mitrade is an online CFD trading platform that offers access to over 100 different markets, including forex, indices, commodities, cryptocurrencies, and more. The platform aims to provide a transparent and user-friendly trading experience, with features such as a customizable dashboard, advanced charting tools, and multiple order types. Mitrade also offers educational resources and customer support to help traders improve their skills and succeed in the markets. The company is licensed and regulated in multiple jurisdictions, including Australia, the UK, and the EU. WikiFX has given this broker a decent score of 7.03/10.


About Mitrade Academy
Mitrade Academy is designed to cater to traders of all levels, providing them with step-by-step guidance in their respective learning journeys. Users are able to access a wide range of interactive courses, tutorials, and resources that cover all aspects of trading. The academy can be accessed via web and mobile browsers, providing a convenient and flexible way to learn to trade anytime, anywhere.

Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

As of December 1, 2025, a total of 105 companies in the United Kingdom held CFD licences.

BotBro is a Dubai-based forex broker that has continued to grab headlines for years, with its name being involved in one scam after another. In the latest episode, its name was found in the alleged INR 800 crore forex and crypto trading scam in Goa. Top-level agencies, including the Enforcement Directorate (ED), are investigating the case. They have labeled the platform as a Ponzi scheme. The platform is disguised as an AI-powered forex trading app. In connection with this case, the Goa Police Economic Offences Cell (EOC) filed a First Information Report (FIR) against 10 individuals, including the company owner, Lavish Chaudhary Alias Nawab Ali, for fund misappropriation worth over INR 7.3 crore. Read on as we share the BotBro review in this article.

In what would lift the mood of rupee derivative traders, the Reserve Bank of India (RBI) partially lifted some restrictions on rupee derivative trades imposed by the regulator on April 1, 2026. On this day, the central bank prevented banks from issuing non-deliverable forwards to clients and barred companies from reassessing forward contracts as part of its strategy to counter arbitrage trades, which caused fluctuations in the rupee’s exchange rate. The central bank further prevented banks from signing FX derivative contracts involving the rupee with their associated parties. Read on!

Overview: A comprehensive investigation into the alleged scam case involving forex broker SixFX (Six Global Markets Ltd) in Indonesia. Explore an exclusive interview with an Indonesian victim, WikiFX’s review, and the latest user complaint evidence from 2026.