Review summary
FIRSTECN, operating as Nakito SA, is a broker established in the Comoros with an operational history of 2-5 years. This entity holds no valid licenses from recognized financial regulatory authorities for forex trading, which indicates a significant lack of financial oversight and investor protection mechanisms. The WikiFX assessment assigns an overall score of 1.29, reflecting a profile with substantial structural deficiencies. Its trading conditions specify a maximum leverage of 1:200 across account tiers like PLATINUM, GOLD, and SILVER, with a notably low minimum transaction amount of 0.01 units. Given the absence of authoritative regulation and the company's offshore registration, engaging with this broker carries a very high level of risk for traders. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-03-25)
