Review summary
Dave, operating for 5-10 years and registered in the United Kingdom, presents a high-risk profile for traders. The firm's regulatory status is designated as a 'Clone Firm,' indicating it falsely claims authorization from a legitimate entity, in this case, purporting a link to the UK's Financial Conduct Authority (FCA) license 590890. It holds no valid authoritative forex trading licenses, meaning client funds operate entirely without the protection of a recognized financial oversight regime. This absence of credible regulation is reflected in its exceptionally low WikiFX score of 1.57. Public exposure highlights issues regarding fund withdrawal restrictions and account manipulation. Prospective clients should exercise extreme caution due to the complete lack of regulatory safeguards and documented operational complaints. 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: 2026-04-13)
