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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

MILKY WAY

Cayman Islands Cayman Islands | 1-2 years |
Scam Brokers | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://www.milkyway-forex.com/

Website

Rating Index

Contact

https://www.milkyway-forex.com/
171 Elgin Ave, George Town SIX, Cricket Square Grand Cayman KKY1-1001

license Forex License

No forex trading license found. Please be aware of the risks.

This platform is a Ponzi Scheme. Please stay away!
  • This broker has been verified as unauthorized. All of its previous licenses have expired, and it has been placed on WikiFX's Scam Brokers list. Please be aware of the high risk.
4

Basic Information

Registered Region
Cayman Islands
Operating Period
1-2 years
Company Name
MILKY WAY Exchange, Inc
Address
171 Elgin Ave, George Town SIX, Cricket Square Grand Cayman KKY1-1001
Verified Site
About Us
Wiki Q&A
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Official Website

Verified Site

  • milkyway-forex.com
    137.220.224.20
    Server Location
    Japan Japan
    ICP Registration No.
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    Top Visitor Locations
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    Creation Date
    --
    Website Name
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    Company
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Review summary

MILKY WAY Exchange, Inc is a financial services entity registered in the Cayman Islands, operating for 1-2 years according to WikiFX data. The entity holds no valid authoritative forex trading licenses, placing it outside established financial regulatory frameworks. With a comprehensive WikiFX score of 1.26/10, it operates as an unregulated entity, which means client funds operate without the protective oversight typical of mainstream regulated brokers. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-03-25)

Company Profile

  • Scam Brokers
  • 1-2 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

What is the regulatory status and risk profile of MILKY WAY?

MILKY WAY Exchange, Inc. operates as an unregulated entity, holding no valid authoritative forex trading licenses. According to its WikiFX profile, it has a comprehensive score of 1.26 out of 10, reflecting a high-risk profile due to the complete absence of financial regulatory oversight and client fund protections that are standard with mainstream brokers. The entity is registered in the Cayman Islands.

04-02
United States

Is MILKY WAY regulated?

No, MILKY WAY is not regulated. The company does not possess any verified licenses from mainstream financial authorities, placing client activities outside established regulatory frameworks and standard investor protection schemes.

04-02
United States

When was MILKY WAY established?

Based on WikiFX data, MILKY WAY has been operating for 1-2 years.

04-02
United States

¿Cómo se calcula la puntuación de WikiFX?

La puntuación de WikiFX se calcula mediante un modelo multidimensional que incluye el índice regulatorio, el índice de licencias regulatorias, el índice de capacidad operativa, el índice de control de riesgos y el índice tecnológico de la plataforma. La escala oscila entre 0 y 10 puntos. Además, la puntuación se actualiza dinámicamente en función de cambios regulatorios, tratamiento de reclamaciones y rendimiento histórico.

Two days ago

Apa saja yang perlu diperhatikan saat memilih broker yang aman?

Saat memilih broker yang aman, investor perlu memperhatikan status regulasi, keamanan dana, dan transparansi kondisi trading. Disarankan memilih broker yang diawasi oleh regulator utama seperti FCA, SEC, atau ASIC. Selain itu, penting juga memastikan apakah dana klien disimpan secara terpisah, struktur biaya transparan, dan apakah terdapat catatan masalah penarikan dana atau keluhan pengguna. Skor WikiFX dan ulasan pengguna dapat menjadi referensi tambahan.

Two days ago

Apa arti broker memiliki beberapa lisensi regulasi?

Broker yang memiliki beberapa lisensi regulasi biasanya beroperasi di berbagai yurisdiksi dan harus mematuhi persyaratan dari beberapa regulator, yang dapat menunjukkan tingkat kredibilitas operasional yang lebih tinggi. Namun demikian, kekuatan pengawasan setiap lisensi dapat berbeda, terutama lisensi offshore. Disarankan memeriksa lisensi dari regulator utama seperti FCA atau ASIC melalui WikiFX.

Two days ago

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

04-02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States
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