Review summary
Progresive Trade is a forex broker that has been in operation for 2-5 years and is registered in Saint Vincent and the Grenadines. This jurisdiction does not provide any regulatory oversight for forex trading activities, meaning the broker operates without any valid authoritative forex trading licenses. Consequently, clients lack the financial safeguards and compensation schemes typically associated with regulated entities. The broker's public WikiFX score is 1.45, reflecting its unregulated status. It offers several account types, including a Beginner account with a $250 minimum deposit and leverage up to 1:100, as well as Basic and Independent accounts requiring $1,500 and $5,000 deposits with leverages of 1:200 and 1:300, respectively. Public exposure highlights operational issues regarding the broker's website stability and business continuity. Overall, Progresive Trade presents a significant investment risk profile due to the complete absence of financial regulatory oversight. 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)
