Mwali International Services Authority (MISA)
The Mwali International Services Authority (MISA) is the financial regulator of Mwali (Mohéli), one of the islands of the Union of the Comoros. MISA issues offshore financial licenses, including forex broker licenses, under its international business framework. Though used by some online forex firms, MISA operates in a lightly regulated offshore environment and is not recognized by major global regulatory bodies.
The Mwali International Services Authority (MISA) functions primarily as an offshore registrar rather than a financial regulator. While it issues forex-related licenses, these lack enforcement, investor protection, and transparency. Traders are advised to use regulated brokers licensed under Tier-1 jurisdictions and treat MISA-licensed entities with significant caution.
- Visit the MISA website
- Navigate to the “License Verification” or “Licensed Entities” section
- Enter the broker’s name or license ID to confirm authenticity
Country
Comoros
Established
2001
Contact
+269 773 1111
Complaint bodies
Mwali International Services Authority (MISA) Local courts in Mwali, (limited jurisdiction)
Hotline
+269 773 1111
Complaint email
Last updated on: April 04, 2025
High Risk Warning : Please note that foreign exchange and other leveraged trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.