Licenses and source badges

Read the badge before you read the vertical name.

Offline index 303,303 registry rows · 285,691 firm pages · updated 2026-09-22

Badge versus vertical

Examples of badges and their sizes: FMCSA Motus plus Census 135,422; SEC broker-dealers 3,273; IAPD advisers 17,046; FinCEN MSB 16,610; Texas TREC 47,144; Texas TDI agencies 56,868; PUCT electric brokers 1,652; FMC OTI 9,847; CBP filers 3,093; ESMA MiCA CASPs 349; public prop-firm directories 405.

A firm can carry two verticals when the same legal entity has two activities, such as a dual-role carrier and broker. The badge still names the file.

Broker types
Verticals

Questions this page answers

Why do two hubs share one count?

A firm with two vertical tags is one firm page and two hub memberships. The unique firm-page count is the one that does not double-count.

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How we index

A listing is an index record. It is not a license confirmation, a rating, or an endorsement by the regulator or by BrokerMafia.