Score

1.56 /10
Danger

TouchTrades

United Kingdom

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index7.39

Risk Management Index0.00

Software Index4.00

License Index0.00

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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

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Regulatory disclosure

Danger

CY CYSEC
2025-08-14
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Warning: Low score, please stay away! 2
Previous Detection : 2025-08-26
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

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和锋
more than one year
First of all, the spreads were ridiculously wide, like what the heck? When I asked their customer support about it, they told me it was normal - yeah, right. And that's not even the worst part. My stop-loss orders didn't seem to do anything at all, and before I knew it, my account was drained dry. I lost all my money, and I'm pretty sure it's because of TouchTrades' shady practices. Do yourself a favor and stay far away from this broker.
First of all, the spreads were ridiculously wide, like what the heck? When I asked their customer support about it, they told me it was normal - yeah, right. And that's not even the worst part. My stop-loss orders didn't seem to do anything at all, and before I knew it, my account was drained dry. I lost all my money, and I'm pretty sure it's because of TouchTrades' shady practices. Do yourself a favor and stay far away from this broker.
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2023-03-27 10:56
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