Review summary
BASETRADE LTD, operating as Basetrade Index, is registered in the United Kingdom with an operational history of 1-2 years. According to the WikiFX assessment, the entity holds no valid forex trading licenses from recognized financial authorities. It currently operates without mainstream financial regulation, which represents a significant lack of investor protection and oversight. The broker offers a multi-tier account structure with minimum deposits ranging from $50 for the STARTER account to $2,000 for the DIAMOND account, all supporting scalping and Expert Advisor trading. WikiFX has assigned Basetrade Index an overall risk score of 1.23, reflecting the absence of regulatory safeguards. As an unregulated entity lacking authoritative oversight, conducting any business with this broker involves substantial financial risk. 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: 2026-04-06)
