22 Pips

22 Pips is a forex and CFD brokerage registered in the United Kingdom in December 2022. The company operates from the domain 22pips.com. Our review found that the broker has no known independent user reviews or detailed public presence beyond its registration records.

Based on the limited information available, 22 Pips appears to target retail traders interested in leveraged forex and CFD trading. However, the lack of a verifiable trading history or client testimonials makes it difficult to assess the broker's operational track record.

A critical point for traders is that 22 Pips currently holds no known regulatory licences from any financial authority. The company's registration in the UK does not equate to authorisation by the Financial Conduct Authority (FCA) or any other major regulator.

This absence of oversight is a significant red flag. Unregulated brokers offer no recourse for clients in the event of disputes, misappropriation of funds, or outright fraud. FXCanary assigns an elevated scam risk score of 51 out of 100 to 22 Pips, reflecting the heightened risk posed by its unregulated status.

Due to the absence of public information, detailed trading conditions such as spreads, leverage, and platforms cannot be independently verified. The broker's website may claim to offer standard retail FX/CFD products, but without confirmed data, these claims remain unsubstantiated.

Traders commonly look for information on account types, execution models, and supported instruments. In the case of 22 Pips, no such details are available from independent sources. This lack of transparency further contributes to the broker's elevated risk profile.

22 Pips was incorporated in the United Kingdom as a private limited company on 19 December 2022. Its registered address is likely in London, although specific details are not publicly disclosed.

It is important to note that UK company registration is compulsory for legal entities but does not imply financial regulation. Many fraudulent brokers use UK incorporation to appear legitimate without obtaining the necessary FCA authorisation. FXCanary advises traders to verify a broker's regulatory status before depositing funds.

Given its unregulated status and lack of verifiable history, 22 Pips is not suitable for most retail traders, especially those seeking a secure trading environment. The broker may appeal to high-risk speculators willing to accept the potential for total loss of capital, but this is not recommended by FXCanary.

Experienced traders who conduct their own due diligence might consider 22 Pips only if they can obtain satisfactory answers regarding fund segregation, counterparty risk, and withdrawal processes. However, the absence of regulatory protection makes it a highly risky choice.