FXtrade

The broker's profile raises significant concerns regarding safety and reliability. According to WikiFX data, FXtrade holds no valid regulatory licenses and is designated with a Suspicious Scope of Business. Its overall WikiFX score is an extremely low 1.33 out of 10, indicating a severe deficiency in operational and compliance metrics. The absence of credible regulatory oversight positions this entity as a high-risk profile for traders.

No, FXtrade is not regulated. A thorough review of its regulatory status shows it does not hold any valid licenses from authoritative financial authorities. The entity is registered in Thailand but operates without the necessary forex trading authorization from any mainstream global regulator.

FXtrade does not publicly disclose its minimum deposit requirements. This lack of transparency regarding a fundamental account requirement is a notable limitation for prospective clients seeking to evaluate the broker's services.

WikiFX assessment indicates that specific platform support, including for MetaTrader 4 (MT4) or MetaTrader 5 (MT5), is not publicly detailed for this broker. The lack of clear information on its trading infrastructure makes a full evaluation of its technological offering difficult.