Brokers  /  Morgans

Morgans

Low risk
🇦🇺 Australia · 5-10 years · since 2020-08-21 · Morgans Financial Limited
ASIC
—/5
★★★★★ ★★★★★
0 reviews ›
1
Licenses ›
0
Withdrawal issues ›
—
Min. deposit ›
—
Max leverage ›
0
Account types ›
10/100
Scam risk ›
1
Clone sites ›
▲ 0% positive▼ 0% negative
Independent ratingshow third parties score this broker
WikiFX5.07/10
Trustpilot—/5
Forex Peace Army—/5
10
Low risk
Scam Risk Scoremonitored · 2026-07-06
Lower riskHigher risk
  • Authorised by Tier-1 regulator(s): ASIC
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing835%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration108%
Transparency (site/info/social)2510%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameMorgans Financial Limited
Headquarters🇦🇺 Australia
Founded2020-08-21
Years operating5-10 years
Employees0
Official website—
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods—
Withdrawal methods—
Instruments—
Registered address
'Riverside CenTre' Level 29, 123 EaGle STreeT, BRISBANE QLD 4000

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
ASICDerivatives Trading License (STP)000235410AustraliaRegulated

Review analysis AI

There aren’t enough independent reviews for Morgans yet to draw firm conclusions. The lack of public feedback is itself a caution sign for a smaller or newer broker.

0
Period:

Real user reviews

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About Morgans

Morgans is a forex and CFD broker based in Australia, with records dating to 2020-08-21. It reports oversight from ASIC.

FXCanary’s verdict is “Low risk.” On balance the regulatory footprint and real-user feedback are reassuring, though no broker is risk-free.

Finally, beware of impersonation: we tracked 1 clone website(s) copying Morgans. Always reach the broker through its verified official domain, never via links in ads or messages.

Overview compiled by FXCanary from regulatory records and public data. full Morgans review