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No Regulation
Score
1.58 /10
Danger
Cleartrade
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
Influence
D
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Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index7.51
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
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Warning: Low score, please stay away!
2
Previous Detection :
2026-02-17
- This broker lacks valid forex regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
| Cleartrade Review Summary | |
| Founded | 1997 |
| Registered Country/Region | United Status |
| Regulation | NFA (suspicious clone) |
| Market Instruments | Commodities, forex |
| Demo Account | ❌ |
| Leverage | / |
| Spread | / |
| Trading Platform | / |
| Minimum Deposit | / |
| Customer Support | Email: contact@cleartrade.com |
Cleartrade Information
Cleartrade is a broker that delivers daily market outlooks so traders can execute. The flagship PDF report distills the latest macro signals, price-action levels, and sentiment shifts into a 5-minute read each morning (U.S. Eastern time). The tradable instruments include commodities and forex. Cleartrade is still risky due to its suspicious clone status and limited transparent information.
Pros and Cons
| Pros | Cons |
| Long establishment time | Suspicious clone NFA license |
| Limited trading asset classes | |
| Demo accounts unavailable | |
| Unclear fee structure | |
| No MT4/MT5 | |
| Limited info on deposit and withdrawal | |
| No direct contact channel |
Is Cleartrade Legit?
No. Cleartrade currently only holds a suspicious cloneNational Futures Association (NFA) license. Please be aware of the risk!
| Regulated Country | Current Status | Regulated Authority | Regulated Entity | License Type | License Number |
| United Status | Suspicious Clone | National Futures Association(NFA) | ClearTrade Inc | Common Financial Service License | 0310150 |
What Can I Trade on Cleartrade?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ❌ |
| Stocks | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
| Mutual Funds | ❌ |
Deposit and Withdrawal
Cleartrade accepts Stripe for deposits and withdrawals. However, processing times and associated fees are unknown.
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