No Regulation

Score

0 1 2 3 4 5 6 7 8 9

/10

Pips Trade

United Kingdom | 2-5 years |

Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://pipstrade.live

Website

Open Account Time Machine

Rating Index

Contact

https://pipstrade.live

Wenlock Road 20-22N1 7GU London Unitied Kingdom.

Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!

2026-04-04

This broker lacks valid forex regulation. Please be aware of the risk!

Basic Information

Registered Region

United Kingdom

Operating Period

2-5 years

Company Name

Pips Trade

Customer Service Email Address

info@pipstrade.live

Company Website

https://pipstrade.live

Company Address

Wenlock Road 20-22N1 7GU London Unitied Kingdom.

Website

Company Summary

Wiki Q&A

Comment

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Details

Official Website

Website

pipstrade.live
195.35.38.131
Server Location
Germany
ICP registration
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Most visited countries/areas
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Domain Effective Date
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Website
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Company
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Review summary

Pips Trade is a retail forex broker established 2-5 years ago and registered in the United Kingdom. It currently holds no valid authoritative forex trading licenses from major regulatory bodies. The broker's WikiFX score of 1.36 reflects its unregulated status and high-risk operational profile. Due to the complete absence of financial oversight, client funds are not protected under any compensation scheme. Trading conditions, including minimum deposit requirements, leverage levels, and supported platforms like MetaTrader 4 or 5, are not publicly disclosed by the entity. Potential traders should proceed with significant caution when considering this broker. 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: 2026-04-04)

Keywords

2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Wiki Q&A

Is Pips Trade safe and reliable?

Pips Trade is considered a high-risk broker for retail trading. Its WikiFX score of 1.36 reflects significant concerns, primarily due to its lack of any valid regulatory oversight. The absence of licensing from major authorities means client funds are not protected under compensation schemes like the FSCS or any equivalent, and there is no formal supervisory framework governing its operations. Traders must exercise extreme caution.

10h

United States

Is Pips Trade regulated?

No, Pips Trade is not regulated. According to WikiFX data, the broker does not hold any licenses from recognized financial authorities such as the UK's FCA, Australia's ASIC, or Cyprus's CySEC. It is registered in the United Kingdom but operates without formal authorization for forex and CFD trading.

10h

United States

What is the minimum deposit of Pips Trade?

The minimum deposit requirement for Pips Trade is not publicly disclosed. This lack of transparency regarding a fundamental account condition is atypical for established brokers and can complicate a prospective trader's initial assessment.

10h

United States

Does Pips Trade support MT4 or MT5?

Platform support for Pips Trade is not publicly specified. The entity does not explicitly list whether it provides access to industry-standard platforms like MetaTrader 4 (MT4) or MetaTrader 5 (MT5), nor any proprietary trading software on its official channels.

10h

United States

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