NaraFX is a newly launched online CFD broker that claims to provide access to global financial markets. However, multiple public checks—including domain records, regulatory searches, office verification, and traffic data—show that the platform operates with extremely low transparency and almost no market presence. These inconsistencies raise serious concerns about its credibility and investor safety.

A Newly Launched Broker With Minimal Market Footprint

Very Short Operating History

The official NaraFX website, narafx.com, was registered on December 15, 2025, and updated on the same day. This means the platform has been online for only a few days.

A broker with such a limited operating history has not experienced different market cycles, major volatility, or customer stress scenarios. There is no historical data to evaluate how it manages client funds, executes trades, or handles disputes, making its reliability impossible to assess at this stage.

No Recognizable Brand Presence

NaraFX currently has no active accounts on major social media platforms such as X (Twitter), Facebook, Telegram, LinkedIn, or Reddit. For a financial trading platform, this absence is highly unusual.

Most legitimate brokers use social channels to communicate with users, publish updates, and receive feedback. Without these public channels, investors have no way to verify user experience, complaints, or service quality through third-party sources.

Regulatory and Corporate Identity Under Question

Claimed License Cannot Be Verified

NaraFX claims to be operated by RM Capital Ltd and states that it holds a license from the Mwali International Services Authority in the Union of Comoros, using license number BFX2025152.

However, when the official Mwali Registrar Database is searched, no records of RM Capital Ltd or this license number appear. In regulated financial markets, licenses must be traceable through the regulator’s own public systems. When they cannot be found, the broker’s compliance claims lose credibility.

Why This Is a Serious Risk

Regulatory oversight determines whether client funds are segregated, whether audits are performed, and whether investors have legal protection. A license that cannot be verified means traders may have no legal recourse if problems arise.

Office Address and Physical Presence Issues

Headquarters That Cannot Be Confirmed

NaraFX lists its headquarters as Bonovo Road, Fomboni, Mohéli, Comoros Union. However, verification of this address shows no registered company named RM Capital Ltd operating at that location.

This suggests the address may be virtual or symbolic rather than a real operating office. For financial institutions, having a verifiable physical presence is a fundamental trust indicator.

What NaraFX Claims to Offer

Trading Instruments

NaraFX promotes a wide selection of CFD products, including:
Forex, cryptocurrencies, stocks, global indices, metals, and commodities.
While this appears comprehensive, it is also a standard product list commonly used by many CFD brokers and does not demonstrate any unique strength or specialization.

Trading Platform

The broker provides mobile and desktop applications, with download links through Google Play and the Apple App Store. Although this suggests cross-platform access, there are currently no independent user reviews or performance data to confirm execution quality, spreads, or system stability.

Customer Support and Communication

Available Contact Channels

NaraFX advertises 24-hour support five days a week and lists phone numbers for Japan and South Korea. It also provides an email address ([email protected]) and an online contact form.

However, because there is no visible user base or online community, it is impossible to verify how responsive or effective this support actually is.

Website Traffic Shows Almost No Market Activity

Extremely Low User Engagement

According to Semrush, narafx.com receives fewer than 100 visits per month. For a financial trading platform, this is an extremely low number and indicates that the broker has virtually no real users.

Low traffic often suggests:

  • No meaningful client base
  • No organic reputation
  • No active trading community

This makes it very difficult to trust any claims about platform popularity or growth.

Overall Risk Assessment

Multiple Red Flags Across Key Areas

When comparing NaraFX’s marketing claims with verifiable data, several serious gaps emerge:
The regulatory license cannot be confirmed.
The company address cannot be verified.
There is no social media presence or public user feedback.
Website traffic is almost nonexistent.

These factors strongly suggest that NaraFX operates with very limited transparency and accountability.

What This Means for Investors

While NaraFX presents itself as a global CFD broker, there is currently no reliable evidence of established operations, regulatory oversight, or real market participation. Until the platform can demonstrate verifiable licensing, physical presence, and active user engagement, it should be considered a high-risk trading environment.

NaraFX – FAQ

What is NaraFX?
NaraFX is an online broker that offers CFD trading across multiple asset classes, including forex, cryptocurrencies, stocks, indices, and commodities.

When was NaraFX launched?
The official website narafx.com was registered in December 2025, which suggests that the platform is relatively new.

Who operates NaraFX?
NaraFX states that it is operated by a company called RM Capital Ltd.

Is NaraFX regulated?
NaraFX claims to hold a license from the Mwali International Services Authority in the Union of Comoros. However, public searches of the regulator’s database have not confirmed this information.

What trading products does NaraFX offer?
The platform lists CFDs on forex, cryptocurrencies, stocks, indices, metals, and commodities.

What trading platforms are available?
NaraFX provides access through mobile and desktop applications, with downloads available via app stores.

Does NaraFX have a large user base?
Public website traffic data indicates that the platform currently has very low visitor numbers, suggesting limited market activity.

How can users contact NaraFX?
NaraFX provides customer support via email, phone numbers for certain regions, and an online contact form on its website.