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Broco

High risk
🇲🇺 Mauritius · 5-10 years · since 2019-01-09 · Broco Forex company
This is a , not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
Unregulated
Visit site ↗
—/5
★★★★★ ★★★★★
0 reviews ›
0
Licenses ›
0
Withdrawal issues ›
—
Min. deposit ›
—
Max leverage ›
0
Account types ›
51/100
Scam risk ›
0
Clone sites ›
▲ 0% positive▼ 0% negative
Independent ratingshow third parties score this broker
WikiFX1.59/10
Trustpilot—/5
Forex Peace Army—/5
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No sign that Broco actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
51
High risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Registered in Mauritius (offshore, light oversight)
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration808%
Transparency (site/info/social)7210%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameBroco Forex company
Headquarters🇲🇺 Mauritius
Founded2019-01-09
Years operating5-10 years
Employees0
Official websitebrocompany.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods—
Withdrawal methods—
Instruments—

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

Broco presents an elevated scam risk profile, scoring 51/100 in FXCanary's assessment. The firm is registered in Mauritius with no known regulatory oversight, no verifiable website, and only a sparse social media footprint. These factors collectively indicate a high likelihood of unregulated activity and potential risk to clients.

Not for
  • Traders seeking regulated brokers
  • Clients requiring transparent operations
  • Any risk-averse investor
Period:

Real user reviews

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About Broco

Overview

Broco is a financial services entity registered in Mauritius, with an incorporation date of 9 January 2019. The company maintains a presence on social media platform X (formerly Twitter), but does not have a publicly accessible official website that could be verified.

The broker’s exact service offerings remain unclear from the limited public information available. The absence of a verifiable domain and the lack of any recognised regulatory authorisation raise significant questions about its operational transparency and legitimacy. Traders should exercise extreme caution when considering any engagement with Broco.

Overview compiled by FXCanary from regulatory records and public data. full Broco review