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In 1998, after gaining independence and autonomy from the previous Republic, the Government of Mohéli adopted the Mwali Services Law 1998, a pioneering legislation for the incorporation of companies, including regulated financial entities and gaming casinos. This law was later amended in 2001. Articles 36-38 of the Constitution of Mwali provide more details on the island's public and private patrimony, including the M.I.S.A., and the capacities of promotion and regulation of private investment. The transitory provision in Article 63 confirms the continued authority of the Mwali International Services Authority, the only Authority for the autonomous territory of Moheli (Mwali), responsible for financial services and licensing.

MISA

Regulated
octa
5-10 years
Regulated in Cyprus
Market Making License (MM)
MT4 Full License
MT5 Full License
Self-developed
Global Business
High potential risk
6.48
Score
Domestic Regulation
QRS GLOBAL
5-10 years
Regulated in United States
Regulated in Canada
Currency Exchange License (MSB)
MT5 Full License
High potential risk
6.35
Score
Regulated
YWO
1-2 years
Regulated in South Africa
Regulated in Comoros
Derivatives Trading License (EP)
Forex Trading License (EP)
MT5 Full License
Global Business
Offshore Regulated
6.24
Score
Regulated
PIPWISE
2-5 years
Regulated in Comoros
Forex Trading License (EP)
MT5 Full License
cTrader
Global Business
Offshore Regulated
6.03
Score
Regulated
GARNETTRADE
5-10 years
Regulated in Comoros
Forex Trading License (EP)
MT5 Full License
Self-developed
Regional Brokers
Offshore Regulated
5.98
Score
Regulated
 xChief
5-10 years
Regulated in South Africa
Regulated in Comoros
Derivatives Trading License (EP)
Forex Trading License (EP)
MT4 Full License
MT5 Full License
Self-developed
High potential risk
Offshore Regulated
5.95
Score
Regulated
eplanet
2-5 years
Regulated in Comoros
Forex Trading License (EP)
MT5 Full License
Offshore Regulated
5.91
Score
Regulated
LDN Global Markets
2-5 years
Regulated in Comoros
Forex Trading License (EP)
White label MT5
Self-developed
Global Business
Offshore Regulated
5.87
Score
Regulated
RAVEX
2-5 years
Regulated in Comoros
Forex Trading License (EP)
MT5 Full License
Global Business
Offshore Regulated
5.77
Score
Regulated
sardis
2-5 years
Regulated in Comoros
Forex Trading License (EP)
MT5 Full License
Regional Brokers
Offshore Regulated
5.76
Score
Regulated
STP Trading
2-5 years
Regulated in Comoros
Forex Trading License (EP)
MT5 Full License
Self-developed
Regional Brokers
Medium potential risk
Offshore Regulated
5.75
Score
Regulated
FELIX MARKETS
2-5 years
Regulated in Comoros
Forex Trading License (EP)
MT5 Full License
Global Business
Offshore Regulated
5.73
Score
Regulated
ROCO
1-2 years
Regulated in Comoros
Forex Trading License (EP)
MT5 Full License
Regional Brokers
Offshore Regulated
5.63
Score
Regulated
IS6FX
5-10 years
Regulated in South Africa
Derivatives Trading License (EP)
MT4 Full License
MT5 Full License
5.58
Score
Regulated
FXNX
1-2 years
Regulated in Comoros
Forex Trading License (EP)
MT5 Full License
Regional Brokers
High potential risk
Offshore Regulated
5.58
Score
Regulated
Murrentrade
2-5 years
Regulated in Comoros
Forex Trading License (EP)
White label MT5
Regional Brokers
Offshore Regulated
5.43
Score
Regulated
PARADTRADE
5-10 years
Regulated in Comoros
Forex Trading License (EP)
Suspicious Scope of Business
Medium potential risk
Offshore Regulated
5.28
Score
Regulated
NPBFX
5-10 years
Regulated in Comoros
Forex Trading License (EP)
Self-developed
MT4 Full License
Global Business
High potential risk
Offshore Regulated
5.10
Score
Regulated
XPO Markets
1-2 years
Regulated in Comoros
Forex Trading License (EP)
Suspicious Scope of Business
Medium potential risk
Offshore Regulated
4.98
Score
Offshore Regulated
GINZO
1-2 years
Regulated in Comoros
Forex Trading License (EP)
MT5 Full License
Global Business
Medium potential risk
Offshore Regulated
3.70
Score
Offshore Regulated
GVD Markets
5-10 years
Regulated in Comoros
Forex Trading License (EP)
3.47
Score
Regulated
Alpari
5-10 years
Regulated in Belarus
Forex Trading License (EP)
Self-developed
Regional Brokers
High potential risk
2.52
Score
Offshore Regulated
INZO
2-5 years
Regulated in Seychelles
Derivatives Trading License (EP)
MT5 Full License
cTrader
Self-developed
Regional Brokers
High potential risk
Offshore Regulated
2.32
Score