CONFLUENCE TRADE

Confluence Trade exhibits significant safety concerns. According to WikiFX data, the broker holds a very low overall WikiFX Score of 1.46 and lacks any valid, recognized forex trading licenses. The complete absence of regulatory oversight means client funds are not protected under standard industry safeguards, which presents a substantial risk for potential investors.

No, Confluence Trade is not regulated by any authoritative financial regulator. The company operates without a license from major regulatory bodies such as the FCA, ASIC, or CySEC. While registered in Vanuatu, it is not subject to the stringent capital requirements, operational audits, or client fund segregation rules that define credible financial supervision.

Confluence Trade offers multiple account tiers with varying minimum deposits. The entry-level Mini account requires $500, the Silver account requires $1,500, the Gold account $2,500, and the top-tier Platinum account mandates a minimum deposit of $5,000.

WikiFX assessment indicates the broker offers a reasonable software environment, with a score of 4.0 in that category. However, the specific trading platforms supported, including whether MetaTrader 4 or MetaTrader 5 are available, are not explicitly listed in its public documentation.