Authority and scope
Sections ↑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]
Registers and permission checks
Sections ↑Evidence treatment
Evidence needed to assess a claim
| Topic | Published position and meaning |
|---|---|
| Contracting company | Record 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 assertion | Record what the certificate or issuer listing actually claims, including its date and number; identify it as an issuer claim.Source 3 |
| National recognition | Read 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
Sections ↑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
Sections ↑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
Sections ↑National-authority verification
| Topic | Published position and meaning |
|---|---|
| BCC email | [email protected]Source 4 |
| BCC telephone | +269 773 18 14Source 4 |
| Address | Place 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
Sections ↑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
Sections ↑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.
Sources & further reading
- AMarkets legal-entity and claimed-licence disclosures AMarkets · Accessed 10 Oct 2026
- Notice on offshore banking and claimed licensing bodies Banque Centrale des Comores · 15 Jun 2022 · Accessed 10 Oct 2026
- BCC warning about entities issuing or using unauthorised permissions, 8 December 2025 Banque Centrale des Comores · Accessed 15 Oct 2026
- 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.
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
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
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
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
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
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
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
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
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
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
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
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