The Comoros has become a growing hub for international forex brokers, mainly through the Mwali International Services Authority (MISA), the financial regulator based on the island of Mohéli. Many global brokers now hold a MISA licence to operate internationally and offer forex and CFD trading services to traders around the world.
For traders, this means more options, flexible trading conditions, and access to platforms like MetaTrader 4, MetaTrader 5, and cTrader under a MISA-regulated entity. While MISA is a newer and more flexible regulator compared to major jurisdictions like the FCA regulated brokers or ASIC Australia brokers, it still provides an official framework for licensed brokers to operate legally from the Comoros.
In this guide, we’ve highlighted the best forex brokers regulated by MISA, explaining their key features, trading platforms, account types, and what makes them stand out for global traders. Whether you’re trading from Asia, Africa, or the Middle East, this list will help you choose a trusted Comoros-based broker with proper licensing and transparency.
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Top MISA Regulated Forex Brokers
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Invistro Review Invistro is a regulated online forex and CFD broker offering access to over 350 global markets, including forex, crypto, metals, commodities, stocks, and indices. Operated by Invistro Ltd and regulated by the MWALI…
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OctaFX is a brokerage company founded in 2011 in Saint Vincent and the Grenadines on the Caribbean islands. Since established, OctaFX is home to more than 6 million trading accounts. It continues to gain market…
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Since 2008, Exness Trading Company has operated in the forex market. The Republic of Seychelles-registered business Nymstar Limited oversees the broker’s operations. Licenses from the CySEC (Cyprus Securities Commission), FCA (Office of Financial Regulation and…
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ZForex Capital Market LLC is established as a Retail Broker company that provides high-standard online forex trading services through innovative and creative learning techniques and multi-asset tools. The company aims to further develop and optimize…
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FXCC is a regulated broker offering diverse trading instruments, including CFDs, commodities, currencies, cryptocurrencies, and indices. Licensed under CySEC and MISA, FXCC provides competitive spreads starting from 0 with no trading commissions under its ECN…
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What Is Mwali International Services Authority?
The Mwali International Services Authority (MISA) is the financial regulator operating from the island of Mohéli, part of the Union of the Comoros. It issues international brokerage licences to forex and CFD companies serving global clients.
Why Trade with a MISA-Regulated Broker?
Trading with a MISA-licensed forex broker offers several advantages, especially for global traders seeking flexible yet regulated trading environments:
- MISA provides an official licence that ensures the broker operates lawfully.
- MISA-regulated brokers can serve clients worldwide.
- Many brokers under MISA offer tighter spreads, higher leverage, and faster onboarding.
- Licensed brokers must follow anti-fraud and AML policies.
- MISA offers transparent registration and verification that traders can check online.
FAQ
What is the Mwali International Services Authority (MISA)?
MISA is the financial regulator based in Mohéli, Comoros. It issues licences to forex and CFD brokers that operate internationally. The authority ensures brokers follow basic regulatory standards such as client fund protection, transparency, and anti-money laundering compliance.
Are MISA-regulated forex brokers safe?
MISA provides a recognized regulatory structure, which adds credibility to licensed brokers. However, the level of protection may differ from top-tier regulators like FCA or ASIC. Traders should always check the broker’s track record, client reviews, and fund security policies before trading.
Can traders from any country open an account with MISA-regulated brokers?
Yes. Most MISA-licensed brokers accept international clients, except from jurisdictions restricted by law or sanctions. Always check the broker’s terms and conditions to confirm availability in your country.
Final Thoughts
The Comoros, through MISA, has positioned itself as an attractive destination for forex brokers offering international trading services. For traders, it means access to regulated brokers with global reach, flexible conditions, and modern platforms.
