Is Motive Markets regulated?
04-10
United States
Motive Markets operates with a questionable regulatory framework. According to WikiFX data, it holds a Forex Trading License (BFX2024080) issued by the Mwali International Services Authority (MISA) in Comoros. This is an offshore authorization not recognized as mainstream financial market regulation. The broker also claims a Derivatives Trading License (Number 53184) from South Africa's Financial Sector Conduct Authority (FSCA), but this license status is officially listed as unverified. Consequently, Motive Markets lacks credible, authoritative regulation from a top-tier jurisdiction.
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