About Auxiliary Trades
Company Background
Auxiliary Trades is a trading broker registered in the United States, with a recorded founding date of July 5, 2024. The company’s official address is 751 Grasslands Road, Valhalla, New York 10595. The broker operates under the domain auxiliarytrades.com.
Despite its US registration, Auxiliary Trades does not hold any known regulatory licences from financial authorities. Our research indicates that the broker is not overseen by any major regulator, which is a significant factor for traders evaluating trustworthiness.
Website and Platform
The broker’s website provides a standard registration and login interface for users. The registration process requires only an email or username and a country selection, suggesting a low barrier to entry. The platform appears to be web-based, and the JavaScript code on the login page hints at integration with other domains, potentially for trading or affiliate purposes.
Given the limited public information, the exact trading platform, instruments, and features remain unclear. The broker’s site does not explicitly detail available assets or account types, which is common among newly established or low-profile brokers.
Regulatory Status
Auxiliary Trades is not regulated by any financial authority. This absence of regulation means that traders do not have recourse to any official ombudsman or compensation scheme in the event of disputes or broker failure. The FXCanary Scam Risk Score of 75/100 (Severe) reflects the high risk associated with trading with an unregulated entity.
Traders should exercise extreme caution when considering a broker without regulatory oversight, as there are no guarantees regarding the safety of funds or fair trading practices.
Account Types and Funding
Based on the available web data, Auxiliary Trades currently offers only a standard free registration. No specific account tiers (e.g., standard, premium, Islamic) are mentioned. It is unclear what minimum deposit is required or what funding methods are supported. The broker does not disclose this information on its registration or login pages.
Potential clients seeking transparent terms may find this lack of detail concerning. Without clear information on spreads, commissions, and leverage, it is difficult to assess the broker’s cost structure and suitability for different trading styles.
Target Audience
Given the unregulated status and limited information, Auxiliary Trades appears to target retail traders looking for quick account setup without stringent verification. The international country list suggests a global reach, but the broker likely focuses on jurisdictions with less strict regulatory requirements.
This broker is not suitable for traders who prioritise regulatory protection or require access to a well-established platform with a proven track record. Experienced traders may view the lack of transparency as a significant red flag.
Overview compiled by FXCanary from regulatory records and public data. full Auxiliary Trades review