About A3TRADING
Broker Overview
A3TRADING is an online forex and CFD broker registered in Cyprus with the corporate name Wanakena Ltd, established on April 4, 2019. The broker operates under the domain a3t.live and presents itself as a comprehensive trading service provider. However, based on independent records, A3TRADING currently holds no effective regulatory license, a critical factor for traders to consider.
The broker claims affiliation with a Seychelles-registered entity, Securcap Securities Limited, which it states is authorized under license number SD012 by the Seychelles Financial Services Authority. Our cross-checking of regulatory registries, however, reveals no active licence for this broker under any jurisdiction; the Seychelles FSA list does not include this entity as a regulated securities dealer. This discrepancy raises serious concerns about the validity of the regulatory claims.
Regulatory Status
FXCanary's independent verification confirms that A3TRADING is not regulated by any recognised financial authority. The broker's known facts record lists no regulators on file, and the regulatory assertions on its website could not be independently confirmed. The absence of regulation means traders have no recourse to a formal ombudsman or compensation scheme in case of disputes or financial loss.
Operating from Cyprus without a CySEC licence, the broker does not comply with European MiFID II standards. The only regulatory mention on the site—the Seychelles FSA—is not supported by public registers. As such, A3TRADING falls outside the oversight of any major regulatory body, a significant red flag for prudent investors.
Account Types and Minimum Deposit
According to the broker's website, the minimum deposit to open a live trading account is $200, with all deposits converted to US dollars. The broker does not publicly detail multiple account tiers or spreads, suggesting a single account structure. The website promotes a demo account and a 'No-Loss Guarantee' for the first five trades, though the terms of this guarantee are not fully explained.
An inactive account fee of $500 is applied after three months of no activity, which is unusually high compared to industry standards. This fee structure could rapidly erode dormant balances. The broker also states that rollover fees apply on overnight positions, with higher rates for cryptocurrency CFDs.
Trading Platforms and Instruments
A3TRADING offers a proprietary web-based platform called Web Xcite, accessible through a browser without download. The broker claims it is suitable for both beginners and experienced traders, with customization options and a secure environment. The platform appears to be the sole trading interface, with no mention of popular third-party platforms like MetaTrader 4 or 5.
Traders can access forex, commodities, indices, stocks, and cryptocurrency CFDs. The website particularly highlights forex trading with major pairs such as EUR/USD. Leverage is advertised up to 1:200, which is high relative to regulated brokers, especially for retail clients. This leverage amplifies both potential gains and losses.
Customer Support and Company Information
The broker provides customer support via an online form, email (customer.service.en@a3trading.com), and an international phone number (+441519471242). The registered address is in Nicosia, Cyprus, at 73 Arch. Makarios III Avenue, Office 301, 1070 Nicosia. The website also displays a billing descriptor for Wanakena Ltd.
Social media presence is limited to a Facebook page, though no active community or reviews were found. The website is available in English and appears to target a global audience, including clients from restricted jurisdictions as noted in the disclaimer.
Target Audience and Risk Considerations
A3TRADING markets itself to retail traders seeking accessible online trading, particularly those new to the market. The 'No-Loss Guarantee' and demo account are designed to attract inexperienced individuals. However, the lack of regulation, high leverage, and opaque corporate structure make this broker unsuitable for risk-averse or conservative investors.
Given the severe risk score (75/100) assigned by FXCanary, traders should exercise extreme caution. The absence of verified regulatory oversight means there is no independent protection for client funds. Potential clients are strongly advised to consider fully regulated alternatives in jurisdictions with robust investor safeguards.
Overview compiled by FXCanary from regulatory records and public data. full A3TRADING review