Review summary
CityTrade PLC, operating for 2-5 years with a registered address in the United States, presents a complex profile for potential traders. According to WikiFX data, its operational scope has been flagged as a 'Suspicious Operational Region'. The broker's regulatory status is confirmed as 'Not Regulated', holding no valid authoritative forex trading licenses from major financial authorities such as the FCA, ASIC, or CySEC. This constitutes a fundamental absence of investor protection and financial oversight. The broker's overall WikiFX score is 1.41 out of 10, reflecting a very high-risk assessment based on its regulatory, business, and license indices. The platform offers a tiered account structure from STANDARD ($500 minimum) to PRO ($200,000 minimum), all supporting scalping, hedging, and Expert Advisors. Key trading specifications, including specific spreads, leverage, and execution speed metrics, are not publicly detailed. As an unregulated entity operating without mainstream financial supervision, engaging with this broker carries significant inherent risks that prospective clients must carefully 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: 2026-05-02)
