No Regulation

Score

0 1 2 3 4 5 6 7 8 9

/10

Ciphertrades

United States | 2-5 years |

Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://ciphertrades.co/

Website

Open Account Time Machine

Rating Index

Contact

https://ciphertrades.co/

1369 Orchard Street, 10th Floor, Bloomington, Minnesota, UNITED STATES OF AMERICA

Forex License

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

Warning: Low score, please stay away!

2026-04-06

This broker lacks valid forex regulation. Please be aware of the risk!

Basic Information

Registered Region

United States

Operating Period

2-5 years

Company Name

Ciphertrades

Customer Service Email Address

support@ciphertrades.co

Company Website

https://ciphertrades.co/

Company Address

1369 Orchard Street, 10th Floor, Bloomington, Minnesota, UNITED STATES OF AMERICA

Website

Company Summary

Disclosure

Wiki Q&A

Comment

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Details

Official Website

Website

ciphertrades.co
134.209.212.184
Server Location
United States
ICP registration
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Most visited countries/areas
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Domain Effective Date
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Website
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Company
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Review summary

Ciphertrades is a retail forex broker that has been operating for an estimated 2 to 5 years from a registered base in the United States. According to WikiFX data, the broker holds no valid forex trading licenses from any authoritative financial regulator, placing it outside formal financial oversight frameworks. With a WikiFX Score of 1.33, investors should note this entity's unregulated status, which entails a fundamental lack of protections common to licensed brokers. Minimum deposit, leverage specifications, and details on its trading platform are not publicly disclosed. Trading with an unregulated entity carries inherent and significant risks regarding fund safety and dispute resolution. 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: 2026-04-05)

Keywords

2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Disclosure

Danger

FCA Warning List of unauthorised firms Ciphertrades (www.ciphertrades.co)

Country/Region

UK FCA

Disclosure time

2024-05-03

Disclose broker

Ciphertrades

Wiki Q&A

Is Ciphertrades safe and reliable?

The WikiFX assessment indicates that Ciphertrades has a low score of 1.33, which reflects significant operational concerns. More critically, it operates without holding any valid regulatory licenses. Trading with an unregulated broker lacks the fundamental protections common to licensed firms, such as segregated funds or formal dispute resolution channels. This creates a high-risk profile for the safety and reliability of client investments.

15h

United States

Is Ciphertrades regulated?

According to WikiFX data, Ciphertrades does not hold any valid forex trading licenses from authoritative financial regulators. There is no evidence of regulation by major bodies such as the NFA in the U.S., the FCA in the UK, or ASIC in Australia. It is classified as an unregulated entity.

15h

United States

What is the minimum deposit of Ciphertrades?

The specific minimum deposit required to open a live trading account with Ciphertrades is not publicly disclosed. This lack of transparency in a core account requirement is a notable gap for prospective traders, as deposit thresholds are a primary consideration when selecting a broker.

15h

United States

Does Ciphertrades support MT4 or MT5?

Information regarding the specific trading platform(s) offered by Ciphertrades, including support for industry-standard platforms like MetaTrader 4 (MT4) or MetaTrader 5 (MT5), is not currently available. The software components of its operation are not clearly detailed in public disclosures.

15h

United States

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