About MORE BROKER
Background and Registration
MORE BROKER is a financial entity registered in China, with a founding date of May 24, 2018. However, the official domain is not disclosed, and there is no publicly available website or marketing material describing its services. This lack of transparency makes it challenging to ascertain the broker's intended market or operational scope.
According to regulatory records, the broker is not licensed by any known financial authority. This absence of regulatory oversight is a significant red flag for potential users, as it means the entity operates without the compliance obligations that protect clients in regulated jurisdictions.
Regulatory Status
Our records indicate that MORE BROKER holds no regulatory licences from any major financial regulator. This is a critical concern for traders, as unregulated brokers are not subject to capital adequacy requirements, client fund segregation, or standard dispute resolution mechanisms.
In the absence of a regulator, clients have no recourse if disputes arise or if the broker ceases operations. FXCanary strongly advises traders to verify the regulatory status of any broker before committing funds, and unregulated entities like MORE BROKER carry inherent risks that may not be acceptable for most retail investors.
Risk Assessment
FXCanary has assigned a Scam Risk Score of 75 out of 100 to MORE BROKER, indicating a severe risk level. This score reflects the combination of no regulatory oversight, an unverifiable official domain, and the lack of transparent operational details.
Traders considering engagement with this entity should be aware that the absence of independent reviews or verifiable information amplifies the potential for fraudulent activity. While it is possible that the broker operates legitimately in a niche market, the information gap prevents any informed assessment of its reliability.
Conclusion
With no verifiable web presence and no regulatory oversight, MORE BROKER presents a highly opaque profile. The risk score suggests extreme caution, and FXCanary cannot recommend this broker for any form of trading or investment until comprehensive, verifiable information is made available.
Prospective clients should seek brokers that are licensed by reputable authorities and provide clear, accessible details about their operations, terms, and client protections. Until then, MORE BROKER remains a high-risk entity with insufficient data to support a positive evaluation.
Overview compiled by FXCanary from regulatory records and public data. full MORE BROKER review