About 10Brokers
Overview
10Brokers is an online broker incorporated in the Marshall Islands in 2019. The firm operates primarily through its website, 10brokers.com. No official promotional materials or detailed public information about its services are readily available from independent sources.
Given the limited public information, potential traders should exercise caution. The broker's incorporation in a jurisdiction known for minimal regulatory oversight is a significant concern.
Regulatory Status
Our records indicate that 10Brokers holds no known financial regulatory licences from any recognised authority. This means clients are not covered by investor compensation schemes or dispute resolution mechanisms typical of regulated entities.
The absence of regulation is a critical risk factor. Traders considering this broker should be aware that they are operating without the protections afforded by regulated brokers.
Risk Assessment
FXCanary has assigned 10Brokers a Scam Risk Score of 75 out of 100, categorised as 'Severe'. This score reflects the complete lack of regulatory oversight and the opaque nature of the broker's operations.
Without verifiable regulatory credentials or client feedback, the safety of funds cannot be assured. We strongly advise traders to only engage with brokers that hold valid licences from reputable financial authorities.
Overview compiled by FXCanary from regulatory records and public data. full 10Brokers review