Platform Transparency Tracker
This tracker records, for 8 fixed-time / binary options platforms, what each one actually discloses about who operates and regulates it — the operating entity, registration, regulator or dispute body, licence number and any regulator warnings — each checked against a primary source on 11 July 2026. It shows how far apart these platforms sit on transparency: from a government-regulated, multi-entity broker to platforms whose own websites disclose no entity at all, or that could not be verified because their site blocked access.
What it proves and what it does not. A row shows only what could be confirmed from a primary source on the date checked. It is not a safety score, and it does not claim any platform is safe, legal where you live, officially approved, or a scam. A confirmed licence is not a guarantee; “Not verified” means we could not confirm a field from a primary source, not that a claim is false. Fixed-time / binary options are high-risk and most retail traders lose money.
Of the 8 platforms, 4 disclose a government regulator (some through a single entity, some through several), 1 rests on private dispute-resolution membership rather than government regulation, 1 discloses only a company registration, and 2 disclose no regulatory oversight that we could confirm.
Oversight-type legend
The four categories below are BrokerGrove’s classification. They describe the kind of oversight disclosed, not a safety or quality rating.
- Government regulator — A statutory government financial regulator licenses and supervises the entity.
- Private dispute-resolution membership — Membership of a private industry dispute-resolution body (e.g. the Financial Commission). Not a government licence.
- Company registration only — Registered as a company in a jurisdiction, but with no financial regulator supervising the activity.
- No disclosed regulatory oversight — No government regulator and no dispute-body membership is confirmed from a primary source.
The data
Platforms are listed alphabetically, not ranked. The table scrolls sideways on small screens; the same data, with every source URL, is in the CSV and the per-row notes below.
| Platform | Operating entity | Jurisdiction | Oversight | Regulator / dispute body | Licence / membership no. | Availability | Regulator warnings | Demo | Min. deposit | Risk disclosure | Verified |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stockity | Verte Securities Limited (Reg. 700726) | Vanuatu | Government regulator | VFSC — Vanuatu Financial Services Commission | 700726 — Class A/B/C, Active | Not disclosed | None found in primary sources checked | Yes (free demo) | Not disclosed | Yes | 11 July 2026 |
| Pocket Option | Not consistently disclosed (see notes) | Costa Rica (Terms venue); entity registration not confirmed | No disclosed regulatory oversight | None confirmed (a MISA/Comoros claim appears in marketing only) | Not verified | Excludes EEA, USA, Israel, UK, Philippines, Japan, Brazil | FCA (UK) consumer warning [fca.org.uk/news/warnings/pocketoption]; CFTC (US) RED List, binary options [cftc.gov/REDlist/node/241216]; CONSOB (Italy) site-blocking order, Delibera 23887/2026 [consob.it] | Yes | $5 (stated on the platform blog, not the formal Terms) | Yes | 11 July 2026 |
| Binomo | Dolphin Corp LLC (Reg. 915 LLC 2021) | St Vincent and the Grenadines | Private dispute-resolution membership | The Financial Commission (FinaCom) — Category A member (private) | FinaCom Category A, Active (from 2018) — no member number displayed | Excludes USA, Canada, UK, EEA and others (India not excluded) | CySEC (Cyprus) unregulated-webpage warning re binomo.com, 25 Sep 2019 [cysec.gov.cy]; Bappebti (Indonesia) domain blocks and RBI (India) Alert List — reported, not re-verified in this check | Yes (free demo, virtual funds) | $10 (binomo.com); country-dependent per the FX Client Agreement | Yes | 11 July 2026 |
| Exnova | Digital Smart LLC (Business No. 898 LLC 2021) | St Vincent and the Grenadines | Company registration only | None disclosed | Not disclosed (company business-registration number only, not a financial licence) | Excludes USA, Canada, UK, EEA and a long listed set | None found in primary sources checked | Yes (free demo) | $10 | Yes | 11 July 2026 |
| Deriv | Multiple entities (e.g. Deriv Investments (Europe) Ltd; Deriv (SVG) LLC) | Multiple (Malta, Labuan, BVI, Vanuatu, Mauritius, Cayman, UAE, SVG) | Government regulator | MFSA (Malta) + Labuan FSA, BVI FSC, VFSC, FSC Mauritius, CIMA, UAE CMA — plus an unregulated SVG entity | MFSA C 70156 (EU) + per-entity numbers; Deriv (SVG) LLC has no regulator | Varies by entity/country; binary/fixed-time banned for EU & UK retail | None found in primary sources checked | Yes | Not disclosed (varies by product/entity) | Yes (states 74% of retail CFD accounts lose money) | 11 July 2026 |
| IQ Option | IQOption Europe Ltd (Cyprus, HE327751) + an offshore SVG entity | Cyprus (EEA entity) + St Vincent and the Grenadines (offshore entity) | Government regulator | CySEC (Cyprus) for the EEA entity; the offshore entity discloses none | CySEC 247/14, Active — but binary/digital options are limited to professional clients | EEA (except Belgium) via the CySEC entity; non-EEA via the offshore entity | CVM (Brazil) irregular-activity actions against IQ Option (offshore entity) [gov.br/cvm 2026 decision]; RBI (India) Alert List — reported, not re-verified in this check | Yes ($10,000 practice) | $10 | Yes | 11 July 2026 |
| Olymp Trade | Aollikus Limited (Reg. 40131); Saledo Global LLC (SVG) for crypto | Vanuatu (main entity); St Vincent and the Grenadines (crypto entity) | Government regulator | VFSC (Vanuatu) licence; FinaCom (private dispute body) membership | VFSC 40131 — Class A & C, Active; FinaCom member (from 2016) | Excludes USA and others (full list not confirmed from the primary source) | CySEC (Cyprus) unauthorised-entity warning listing olymptrade.com, 28 Aug 2025 [cysec.gov.cy]; CVM (Brazil) alert (as 'Smartex International LTD, aka Olymp Trade') [gov.br/cvm 2022] | Yes ($10,000 refillable) | $10 / EUR 10 (5 USDT for crypto accounts) | Yes | 11 July 2026 |
| Quotex | Not verified | Not verified | No disclosed regulatory oversight | None confirmed | Not verified | Not verified | Reported: CMVM (Portugal) 2023 warning re Quotex-affiliated entities; Bappebti (Indonesia) domain block — could not be confirmed from a live primary URL in this check | Not verified | Not verified | Not verified | 11 July 2026 |
Last verified: 11 July 2026. Update commitment: re-verified quarterly, and sooner on a major regulator action. See the changelog below.
Methodology
Each field was verified against a primary source: the platform’s own official website (footer, terms, legal or regulation pages) and the relevant government regulator’s own register or warning list. Broker-review databases were used only as leads to find a primary source, never as proof. Where a field could not be confirmed against a primary source, it reads “Not disclosed” (the platform does not disclose it) or “Not verified” (claimed elsewhere but not confirmable), never a guess. Existing BrokerGrove articles were not treated as independent proof. The four-way oversight classification separates government regulation, private dispute-resolution membership, company registration and no disclosed oversight, because these carry very different protections and are often blurred in marketing.
Per-row source notes
Every value was checked on 11 July 2026 against the platform’s own official pages and the relevant regulator registers or warning lists. Links are nofollow source citations, not endorsements.
Stockity — Entity and licence no. 700726 are cross-confirmed on the VFSC government register (Class A/B/C, Active). The VFSC licence classes do not explicitly name binary / fixed-time options, so whether Stockity's specific product falls within the licensed scope is not confirmable from the primary legal text. stockity.com returned HTTP 403; verification used the stockity.tech domain. No minimum-deposit figure was disclosed on the pages checked.
Sources: Stockity Terms (operating entity + licence no.) · VFSC Financial Dealers Licensee List (register)
Pocket Option — Pocket Option's own pages are internally inconsistent: the formal Terms name no legal entity (Costa Rica governing law); a marketing blog claims 'Infinite Trade LLC' (Costa Rica) plus a MISA (Comoros) registration; CONSOB's order names 'Po Trade Ltd' (Saint Lucia); the CFTC lists Marshall Islands as country of origin. None of these was confirmable against a primary company/regulator register, so entity, jurisdiction and any licence read Not verified. Three government regulators (FCA, CFTC, CONSOB) have published warnings or blocking actions, each linked above.
Sources: Pocket Option Public Offer / Terms (primary) · FCA (UK) warning · CFTC (US) RED List · CONSOB (Italy) blocking order 23887/2026
Binomo — Dolphin Corp LLC and its FinaCom Category A membership are confirmed on primary sources. FinaCom is a PRIVATE industry dispute-resolution body (compensation up to EUR 20,000 per approved complaint), NOT a government regulator, and does not licence or supervise trading. No government financial licence was found. Binomo's own FX Client Agreement complaints section does not mention FinaCom. The Bappebti and RBI listings are consistently reported but could not be re-fetched from the primary regulator pages in this check.
Sources: Binomo Client Agreement (operating entity) · Financial Commission member directory (dispute body) · CySEC (Cyprus) warnings list
Exnova — Exnova's own Terms disclose Digital Smart LLC, a company registered in St Vincent and the Grenadines (business number 898 LLC 2021) — a company registration, not a financial licence. No regulator, licence or supervisory body is disclosed. St Vincent and the Grenadines' own Financial Services Authority states it issues no forex or binary-options licences, so no primary regulator register exists to check; 'Official register' therefore reads Not verified.
Sources: Exnova official site + General Terms (operating entity, $10 min, restrictions)
Deriv — Deriv publicly discloses a multi-entity structure on its own regulatory page: several genuinely regulated entities (Malta/MFSA C 70156 — verifiable on the MFSA register — plus Labuan, BVI, Vanuatu, Mauritius, Cayman and UAE) AND an unregulated Deriv (SVG) LLC. WHICH entity serves you, and how much protection you get, depends on your country. Binary / fixed-time options are banned for retail clients in the EU (ESMA, 2018) and UK (FCA, 2019).
Sources: Deriv regulatory-information page (all entities + numbers, own disclosure)
IQ Option — The EEA entity IQOption Europe Ltd holds a real CySEC licence (247/14, confirmed on the CySEC register). Its scope covers CFDs/FX options; binary and digital options are licensed only for PROFESSIONAL clients, reflecting the EU retail ban since 2018, and crypto sits outside its MiFID scope. Non-EEA clients are served by a separate offshore Saint Vincent and the Grenadines entity that discloses no regulator; Brazil's CVM has taken action against that offshore entity.
Sources: IQ Option Terms (EEA entity + CySEC 247/14) · CySEC public register — IQOption Europe Ltd 247/14 · CVM (Brazil) IQ Option LLC decision, 2026
Olymp Trade — Aollikus Limited's VFSC licence (company 40131, Class A & C, Active) and FinaCom membership are confirmed on primary sources. The VFSC classes held (A, C) do NOT include Class B (derivatives / options), so whether the licence covers the fixed-time product is not confirmable. FinaCom is a PRIVATE dispute body, not a regulator. Brazil's CVM identifies a further operating name, 'Smartex International LTD', not disclosed on olymptrade.com. CySEC listed olymptrade.com as unauthorised in August 2025.
Sources: Olymp Trade regulation page (entities + licence) · VFSC Financial Dealers Licensee List (register) · Financial Commission member profile (dispute body) · CVM (Brazil) reiterated alert, 2022
Quotex — Quotex's own domains (quotex.io, qxbroker.com, quotex-partner.com) all returned HTTP 403 to automated access, so NO operational disclosure — operating entity, jurisdiction, regulator, demo, minimum deposit or risk statement — could be confirmed from a primary source. Every field is recorded as Not verified rather than guessed. The inability to verify basic disclosures is itself a transparency finding. Independent regulator signals (a CMVM Portugal warning; an Indonesian Bappebti domain block) are reported but could not be confirmed from a live primary URL here.
Sources: No accessible primary source (see note).
Changelog
- v1.0 — 11 July 2026: initial release. 8 platforms (Stockity, Pocket Option, Binomo, Exnova, Deriv, IQ Option, Olymp Trade, Quotex), all fields verified against primary sources.
How to cite this dataset
Plain text:
BrokerGrove, “Platform Transparency Tracker” (last verified 11 July 2026). https://brokergrove.com/research/platform-transparency-tracker/
HTML:
<a href="https://brokergrove.com/research/platform-transparency-tracker/">Platform Transparency Tracker</a> by BrokerGrove (last verified 11 July 2026) |
Reuse and attribution
You may reuse BrokerGrove’s original contribution to this dataset — the selection and arrangement of platforms and fields, the four-way oversight-type classification, the page structure, and the explanatory text — provided you credit BrokerGrove with a link back to this page. The underlying facts are not owned by anyone and are free for you to use; please verify them against the cited primary sources.
This permission does not extend to, and BrokerGrove claims no rights over: the regulator documents, laws and public registers cited; the platforms’ trademarks, names, logos or materials; or any other third-party content referenced here. We have deliberately not applied a blanket open-data licence such as CC BY 4.0, because much of what such a licence would appear to cover (the facts themselves and the third-party materials) is not ours to license.
Compiled and verified by BrokerGrove on 11 July 2026. This is independent consumer-information research, not legal or investment advice. Regulation and corporate structures change — verify the current position with the named regulator before acting.
Frequently asked questions
What does this tracker prove, and what does it not prove?
It records, for each platform, what could be confirmed on 11 July 2026 from primary sources: the disclosed operating entity, registration, regulator or dispute body, licence number, and any regulator warnings. It does NOT prove that any platform is safe, legal in your country, officially approved, or a scam. A confirmed licence is not a safety guarantee, and 'Not verified' means we could not confirm a field from a primary source, not that a claim is false.
What is the difference between government regulation and FinaCom membership?
A government regulator (for example CySEC, the MFSA or the VFSC) licenses and supervises a firm under law. The Financial Commission (FinaCom) is a private industry body offering dispute resolution and a compensation fund; membership is not a government licence and does not mean a firm is regulated. The tracker keeps these strictly separate.
Why is Quotex almost entirely 'Not verified'?
Quotex's own domains returned an HTTP 403 error to our checks, so no operating entity, regulator, demo or deposit disclosure could be confirmed from a primary source. Rather than repeat third-party claims, we record those fields as Not verified. The inability to verify basic disclosures is itself a data point.
How current is this data, and how often is it updated?
Every row was verified on 11 July 2026. We aim to re-verify the dataset quarterly, and sooner when a major regulator action is reported. Each update is recorded in the changelog below. Regulation and corporate structures change, so verify the current position with the named regulator before acting.
Can I reuse this dataset?
You may reuse BrokerGrove's original compilation, the four-way oversight classification, the structure and the explanatory text, with attribution (a link back). The underlying facts are free for anyone to use — verify them against the cited primary sources. See the reuse statement below; note that it does not, and cannot, grant rights over the regulator documents, trademarks, logos or platform materials referenced.