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MISA: claimed permissions and Comoros central-bank warnings

MISA permission claims examined against the Comoros central bank’s 2022 and 8 December 2025 warnings, with authority, entity and protection claims kept distinct.

By Editorial deskComorosPublished Updated Sources checked

Authority and scope

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Broker disclosures identify MISA as the issuer of claimed international brokerage permissions. Each claim must be matched to the named company; it cannot be transferred to another affiliate’s agreement.[1]

A 15 June 2022 notice from Banque Centrale des Comores disputes MISA’s licensing authority. The notice concerns the claimed issuing structure; this profile does not turn it into a named enforcement finding against every broker citing that structure.[2]

A further communiqué signed on 8 December 2025 names MISA, Anjouan Offshore Finance Authority and related structures. Banque Centrale des Comores says they are not recognised in the Union of the Comoros and lack legal authority to issue financial or banking licences. It expressly identifies unregulated forex marketed as “Brokerage Licenses” among activities for which no corresponding Comoros licence has been issued.[3]

This conflict is central to the profile. A broker’s certificate, a corporate incorporation and an entry on the claimed issuer’s own site answer different questions from recognition by the national financial authority. The central-bank warning should be attributed precisely; it is not a finding here that every company citing MISA committed the same misconduct.[3]

Authority
Mwali International Services Authority
Jurisdiction
Comoros
Remit
Claimed international financial-services licensing; inclusion here is a reference, not validation of the issuer.

Registers and permission checks

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Entities & regulation01

Evidence treatment

Evidence treatment
CheckInterpretation
Broker disclosureA claimed permission must be matched to the same company as the client agreement.Source 1
Recorded statusThe associated profiles retain unverified status; this reference does not establish compensation coverage.Source 1
Entities & regulation02

Evidence needed to assess a claim

Evidence needed to assess a claim
TopicPublished position and meaning
Contracting companyRecord the company in the signed account agreement and the country of incorporation. A brand’s other licences do not transfer to it.Source 1
Issuer assertionRecord what the certificate or issuer listing actually claims, including its date and number; identify it as an issuer claim.Source 3
National recognitionRead the BCC warning alongside the claim. An issuer’s self-published register does not resolve BCC’s challenge to its legal authority.Source 3

Check the exact legal entity, permissions, current status and scope in the official record. A brand connection in our coverage does not establish authorisation.

Client assets and protection boundaries

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No recognised client-money regime, investor-compensation entitlement or independent financial ombudsman protection for a MISA-claimed account is established by the material cited here. A promise of protection in a broker’s terms must be examined as that company’s contractual representation, with the responsible party and enforcement forum identified. It should not be converted into a statutory Comoros guarantee.[1][2]

Complaints and dispute resolution

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A customer should preserve the account contract, certificate or permission claim, payment beneficiary, statements and correspondence. The company’s complaint route can address its contractual position; questions about national recognition should be directed to BCC. Where the contract points to an overseas affiliate or dispute forum, that separate entity and forum require their own assessment.[4][1]

Official contacts and resources

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Entities & regulation03

National-authority verification

National-authority verification
TopicPublished position and meaning
BCC email[email protected]Source 4
BCC telephone+269 773 18 14Source 4
AddressPlace de France, B.P. 405, Moroni, Union of the Comoros.Source 4

Use the authority’s official website for current official routes. Purpose-specific resources have not yet been established in this profile.

Report misconduct, scams or a clone

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This profile has not yet established the applicable procedure, receiving body and eligibility for this task. Consult the authority’s official resources and check your firm, product and circumstances before acting.

Compensation & firm failure

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This profile has not yet established the applicable procedure, receiving body and eligibility for this task. Consult the authority’s official resources and check your firm, product and circumstances before acting.

Follow the evidence

Sources & further reading

  1. Notice on offshore banking and claimed licensing bodies Banque Centrale des Comores · 15 Jun 2022 · Accessed 10 Oct 2026
  2. Banque Centrale des Comores official website and contacts Banque Centrale des Comores · Accessed 15 Oct 2026

A documented resource is not a finding of eligibility or compensation coverage. Consult the named body and current official terms for your firm, product and circumstances.

Report an error or submit an update

Covered broker profiles

Profiles connected to this authority in our coverage. This is not a complete official register or a list of approved brokers; see each entity’s dated status.

Forex & CFD

Alpari

A detailed reference to Alpari.com accounts, cent balances, FX and CFD commissions, position limits, timed margin changes, payments, managed allocations and reward conditions.

Operating status
Active
Headquarters
Fomboni, Mohéli, Comoros (registered office)
Sources checked
15 Oct 2026
Read the profile of Alpari
Forex & CFD

AMarkets

A detailed reference to AMarkets’ Standard, ECN and Zero accounts, instrument-specific charges, leverage bands, copy-trading controls, funding rules, Islamic terms and conditional premium benefits.

Operating status
Active
Sources checked
15 Oct 2026
Read the profile of AMarkets
Forex & CFD

Bancara

Bancara markets FX and multi-asset trading with four investment tiers, MetaTrader 5, its Bancara X interface and automated or social services. Account allocation matters because its website lists several legal entities and permissions with different verification status.

Operating status
Active
Sources checked
21 Oct 2026
Read the profile of Bancara
Forex & CFD

BigBoss

BigBoss publishes four main self-directed account types with materially different commissions and leverage. Its zero-cut system can use balances in other eligible accounts before cancelling a deficit, while bonus cancellation, inactivity and card-funding restrictions can reduce accessible funds. The website names Comoros and Mauritius companies; the actual contract determines the applicable entity.

Operating status
Active
Sources checked
27 Oct 2026
Read the profile of BigBoss
Forex & CFD

CapPlace

CapPlace offers international CFD trading through WebTrader and a mobile platform. Its Silver, Gold and Platinum accounts have different advertised discounts, while the linked contract adds important funding and inactivity provisions.

Operating status
Active
Sources checked
20 Oct 2026
Read the profile of CapPlace
Forex & CFD

Dominion Markets

Dominion Markets offers international forex and multiasset CFD accounts, copy trading and commission-linked services. Its current Mauritius contract and June 2026 withdrawal policy differ materially from some older FAQ statements.

Operating status
Active
Sources checked
20 Oct 2026
Read the profile of Dominion Markets
Forex & CFD

DuraMarkets

DuraMarkets offers forex and CFD accounts on MT4 and MT5, with cryptocurrency funding and an advertised 250% deposit-credit promotion. The account menu is clear, but current pages contain conflicting incorporation and MISA licence identifiers.

Operating status
Active
Sources checked
20 Oct 2026
Read the profile of DuraMarkets
Forex & CFD

ePlanet Brokers

ePlanet offers FX, metals, stocks, indices and energy through MT5 and cTrader. Its Comoros account documents, related Vanuatu licensee and conflicting margin terms require careful separation.

Operating status
Active
Sources checked
21 Oct 2026
Read the profile of ePlanet Brokers
Forex & CFD

FXNX

FXNX offers MT5 and NX Terminal trading across forex, metals, indices, energy, crypto and shares. Five account tiers sit alongside copy trading, rented bots and AI tools, with distinct permissions and a material mismatch in the linked contract.

Operating status
Active
Sources checked
21 Oct 2026
Read the profile of FXNX
Forex & CFD

Garnet Trade

Garnet Trade markets forex and multiasset CFDs through five account categories, MT5 and Garnet Private. This profile explains Zero-account limits, funding and credit rules, copy-trading terms and the separate scope of company, representative and compensation claims.

Operating status
Active
Sources checked
21 Oct 2026
Read the profile of Garnet Trade
Forex & CFD

Grand Capital

Grand Capital publishes several MetaTrader account types, a broad CFD catalogue and GC Invest copying. Its financing and promotional terms differ substantially by account.

Operating status
Active
Sources checked
20 Oct 2026
Read the profile of Grand Capital
Forex & CFD

Harmovest Capital

Harmovest Capital’s current international offer includes CENT, STD, STP and ECN accounts, MetaTrader platforms and managed/copy services. This profile documents account and withdrawal conditions, distinct reward schemes, and material discrepancies in licensing, dormancy and trading permissions.

Operating status
Active
Sources checked
15 Oct 2026
Read the profile of Harmovest Capital