Review summary
Reliance Fx Trade is a financial services entity established 2-5 years ago and registered in the United States. According to WikiFX assessment, the broker operates within a jurisdiction noted as a suspicious operational region and maintains a SkyEye score of 1.46, reflecting significant operational concerns. A critical examination reveals Reliance Fx Trade holds NO valid authoritative forex trading licenses from recognized financial regulators, meaning client funds operate without independent oversight or protection schemes. The entity's lack of regulatory framework represents a substantial operational risk for traders. While user feedback mentions cryptocurrency offerings, the absence of fundamental trading details like minimum deposit requirements, leverage specifications, and confirmed platform support further complicates comprehensive evaluation. Professional traders should exercise significant caution and conduct thorough independent due diligence when considering engagement with this entity. 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: 2026-05-06)
