Review summary
ECN Trade Pty Ltd, operating under the brand Trade AI cfd, is a relatively new broker established within the last 1–2 years and registered in the United Kingdom. According to WikiFX data, the broker holds a WikiFX score of 1.24, reflecting significant concerns. The entity does not currently possess any valid authoritative forex trading licenses; its claimed ASIC regulation (license number 388737) remains unverified, indicating that it operates without credible oversight. This lack of regulatory supervision introduces substantial uncertainty for traders. While no specific trading conditions such as minimum deposit or leverage are publicly disclosed, and no platform details are available, the absence of a recognized regulatory framework is a critical factor to consider. 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: 2026-07-15)
