SparkFX Review 2025: Unverified Dubai Claims and Rising Risks in the Arab Market
An in-depth review of SparkFX (Score 1.82) investigating claims of a Dubai license, expansion into Arabic markets, and reports of unfair account bans.
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Abstract:Forex brokers whose licenses have changed recently are listed as following for your reference.
Forex brokers whose licenses have changed recently are listed as following for your reference. Please protect yourself from investment risks! They are presented in detail as follows:
Haishengefx: The rating on WikiFX is 1.30. It claims to hold the financial permit authorized by the National Futures Association (NFA) whereas the status of the license has changed from ‘Regulated’ to ‘Revoked’. This broker is under no valid regulation at the moment.
GIANT ASSETS: The rating on WikiFX is 1.36. It claims to hold the license of Financial Service Provider (FSP) authorized by the Financial Service Providers Register (FSPR) whereas the license is suspected to be cloned. This broker isnt efficiently regulated.
iFirst: The rating on WikiFX is 1.85. It claims to hold the license of Financial Adviser authorized by the Australian Securities and Investments Commission (ASIC) whereas the status of the license has changed from ‘Regulated’ to ‘Revoked’. The broker isnt under regulation currently in the wake of revocation of its license.
FUJI FUTURES: The rating on WikiFX is 1.37. It claims to hold the license of Retail Foreign Exchange Dealer (RFED) authorized by the Financial Services Agency (FSA) in Japan whereas the status of the license has changed from ‘Regulated’ to ‘Revoked’. At present, this broker isnt under any valid regulation.
As a reminder, WikiFX is ready to help you search the information on forex platforms, including regulation, trading environment, and traders comments, in a bid to protect you from illegal platforms and provide you with safe investments! (bit.ly/wikifxIN)

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.

An in-depth review of SparkFX (Score 1.82) investigating claims of a Dubai license, expansion into Arabic markets, and reports of unfair account bans.

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