Review summary
Reuters Trade is a forex broker operating from the United Kingdom with a track record of approximately 1-2 years. According to WikiFX data, the broker's overall assessment score stands at 1.16, indicating significant concerns. The entity's operational framework is notable for lacking any valid regulatory licenses for forex trading and being formally designated as 'No Regulation'. This represents a fundamental absence of independent financial oversight and investor protection mechanisms typically associated with regulated markets. The broker offers a tiered account structure, with minimum deposit requirements ranging from $250 for an 'Easy Start' account up to $100,000 for a 'Vip' account, all supporting features like scalping and Expert Advisors. The account tiers—including Premium, Pro Trader, Trader, and Standard—do not list specific spreads, leverage, or platform details, which are critical trading parameters. This combination of a very low WikiFX score, an unregulated status, and an opaque business scope necessitates a high degree of due diligence for any prospective user. 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)
