Red Arrow Review
4
Fast Facts
Contact Info and Support
P.B. 1257, Bonovo Road, Fomboni, Island of Moheli, Comoros
Traffic information
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About Red Arrow
Red Arrow Ltd operates from the Comoros, registered under Mwali International Services Authority (MISA) with license number BFX2024015, issued on February 16, 2024, and valid until February 16, 2025; the legal entity is Red Arrow Ltd with company number HT00224009, based in Athens, Greece, and the CEO and ultimate beneficial owner is Nawid Salahaldeen Mohamad Mohamad, also resident in Athens, Greece; the official website is ().
MISA, however, is not the official financial regulator in the Comoros; the only statutory regulator is the Central Bank of the Comoros, which in June 2022 declared MISA a “fictitious structure” without authority to issue financial licenses; the license issued by MISA is therefore not recognized under international regulatory frameworks ().
Who it’s for
- Clients seeking offshore brokers with minimal regulatory oversight based on registration in Comoros under MISA.
- Traders requiring an entity incorporated outside major financial centers without investor protection safeguards.
Pros and cons
Pros
- Officially registered with MISA and provided full entity and ownership details, including company number and license dates ().
Cons
- MISA license is not legally endorsed by the Central Bank of the Comoros and lacks credibility under recognized regulatory regimes ().
- Absence of investor protections, oversight mechanisms, client compensation schemes, or enforcement provisions.
