Review summary
FXTRADE, operating as Royal Forex Ltd, is a financial entity registered in Cyprus with an operational history of 2-5 years. According to WikiFX data, the broker holds a low overall score of 1.46 and is categorized with a 'Suspicious Scope of Business' descriptor. Critically, it operates with No Regulation; the license assessment confirms it holds no valid forex trading licenses from recognized financial authorities. This represents a significant consideration, as the entity functions without the oversight typically associated with mainstream financial markets. Trading platforms offered and specific account terms, such as minimum deposit or leverage details, are not publicly detailed. 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: 2026-04-09)
