Review summary
FX Trade is a retail forex broker registered in the United States that has been operating for 1-2 years. According to WikiFX data, the entity currently holds no valid authoritative forex trading licenses and is not regulated by any recognized financial authority. WikiFX has assessed this broker's business scope as highly suspicious, and its overall SkyEye rating of 1.24 reflects significant operational concerns. The broker offers a tiered account structure with minimum deposits starting from $500 for a Silver account, $1,500 for Gold, and $5,000 for Diamond. Account features support locking positions, scalping, and automated Expert Advisor (EA) trading. However, specific details on spreads, leverage, and execution metrics are not publicly disclosed. Given the complete absence of regulatory oversight, traders should exercise extreme caution when considering engagement with this entity, as client funds lack the standard financial protections afforded by licensed brokers. 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: 2026-04-14)
