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20TRADES -

Score

1.75 /10
Danger

20TRADES

South Africa

1-2 years

Questionable Regulatory License

Suspicious Operational Region

High Potential Risk

https://20trades.com

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Comparison

Quantity 1

Exposure

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Website

Score

Regulatory Index3.25

Business Index4.81

Risk Management Index2.11

Software Index4.42

License Index2.69

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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

open now

Broker Information

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Company Name

CONTINGENT FINANCIAL SERVICES (PTY) LTD

Company Abbreviation

20TRADES

Platform registered country and region

South Africa

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2026-07-27
  • This broker lacks valid forex regulation. Please be aware of the risk!
  • This broker has accumulated 1 negative field survey reviews on WikiFX. Please be aware of the risk and guard against potential fraud.

WikiFX Survey

Danger

20TRADES

United Kingdom

WikiFX Verification

Exposure

1 pieces of exposure in total
Pyramid scheme complaint
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User Reviews

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User comment

1

Comments

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SurajUpadhyay
0-3months
Support tem is not responding, relationship manager is also not responding. Not picking the phone calls and not no response on email also. Totally waste of money to worknwith 20trades. No full optios are also available on meta5 while logging with 20trades account id.
Support tem is not responding, relationship manager is also not responding. Not picking the phone calls and not no response on email also. Totally waste of money to worknwith 20trades. No full optios are also available on meta5 while logging with 20trades account id.
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2026-07-27 02:04
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