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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

Speed Trad

United Kingdom United Kingdom | 5-10 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

http://www.erfx88.com/EN/index.php

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Rating Index

Contact

http://www.erfx88.com/EN/index.php

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Company Profile 4
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk
Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
4

Basic Information

Registered Region
United Kingdom
Operating Period
5-10 years
Company Name
Speed Trad International Limited
Abbreviation
Speed Trad
Employees
--
Email
infoser@erfx88.com
Verified Site
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Official Website

Verified Site

  • erfx88.com
    192.186.53.117
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    2017-10-31
    Website Name
    GRS-WHOIS.HICHINA.COM
    Company
    HICHINA ZHICHENG TECHNOLOGY LTD.

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Speed Trad

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Company Profile

Company Profile

Review summary

Note:Speed Trad's official website:http://www.scb-cn.com is currently inaccessible normally.

AspectInformation
Company NameSpeed Trad
Registered Country/AreaUnited Kingdom
Founded Year2012
RegulationFCA(Suspicious Clone)
Trading PlatformMT4
Customer SupportEmail:infoser@erfx88.com,service@erfx88.com

Speed Trad Information

Founded in 2012 and registered under the United Kingdom, Speed Trad runs with a dubious clone of an FCA control. The broker deals on the MT4 platform. Their email addresses for customer support are infoser@erfx88.com or service@erfx88.com.

Speed Trad Information

Is Speed Trad Legit or a Scam?

Is Speed Trad Legit or a Scam?
Financial Conduct Authority(FCA)
Current StatusSuspicious Clone
Regulated byFCA
License TypeInstitution Forex License
License No.497263
Licensed InstitutionVelocity Trade International Limited

Downsides of Speed Trad

1.Suspicious Regulation: Speed Trad is written to be regulated by FCA. But this control is believed to be a clone.

2.Withdrawal Problems: Customer complaints about not being able to get their money back.It can be a fraud platform.

3.No Physical Office: When investigators visited Speed Trad's purported UK office, they discovered that it was empty with no one there.

Conclusion

Speed Trad was founded in 2012 and is registered in the UK. It is run by FCA clone control, which raises serious concerns about its legitimacy. Customers who can't get their money out and the lack of a real office make the risks higher. This company is not a good one to trade with. Users are told to use well-regulated, open brokers with clear information records to make sure their trades are safe and legal.

Company Profile

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

Is Speed Trad safe and reliable?

Speed Trad holds an overall WikiFX Score of 1.61, which signifies a high level of concern regarding its operational safety and reliability. A primary factor in this low assessment is the broker's regulatory status. While the entity is registered in the United Kingdom, it operates without any active, verified financial licenses for forex trading. The absence of credible regulatory oversight means it lacks the standard investor protection mechanisms, such as segregated client funds and compensation schemes, that are fundamental markers of a safe trading environment.

12h
United States

Is Speed Trad regulated?

Speed Trad is not a regulated broker for retail forex and CFD trading. The entity Speed Trad International Limited holds a registration in the United Kingdom. However, its sole license reference with the UK's Financial Conduct Authority (FCA) is listed with an 'Unverified' status. This designation means the listed license does not authorize the broker to provide regulated financial services or offer client fund protections. Therefore, it operates without meaningful regulatory supervision.

12h
United States

What is the minimum deposit of Speed Trad?

Speed Trad does not publicly disclose a specific minimum deposit requirement for its trading accounts. This lack of transparency on a fundamental account parameter makes it challenging for potential clients to evaluate the broker's accessibility and compare it against industry standards.

12h
United States

Does Speed Trad support MT4 or MT5?

Information regarding the specific trading platforms offered by Speed Trad is not publicly available. The broker has not disclosed whether it provides access to popular industry-standard platforms like MetaTrader 4 (MT4) or MetaTrader 5 (MT5).

12h
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
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