Advance Fx Trade

Advance Fx Trade is a brokerage entity registered in the United States, with its official domain at advancefxtrade.com. It was founded on February 25, 2022, and is based at 155 Sansome St, San Francisco, CA 94104. However, as of this writing, the broker does not appear on any public regulatory register, meaning it operates without oversight from a recognized financial authority.

The broker holds no known regulatory licences from any major financial regulator such as the US CFTC, NFA, FCA, CySEC, or ASIC. This lack of oversight means traders have no recourse to a regulatory ombudsman or compensation scheme in case of disputes or default. The FXCanary Scam Risk Score of 49/100 (Guarded) reflects this unregulated status and the associated risks.

Due to the absence of verified public information, details about the broker’s account types, trading platforms, instrument offerings, and funding methods are not available. The broker’s name suggests a focus on forex trading, but this cannot be independently confirmed. Prospective traders should treat such claims with caution.

Advance Fx Trade appears to target retail forex traders, but the lack of regulatory oversight and limited public information make it unsuitable for most investors. The broker may appeal to high-risk-tolerant individuals willing to trade with an unregulated entity, but this is not recommended by FXCanary.