About BourseTrade
Company Overview
BourseTrade is a retail forex and CFD broker registered in the United Kingdom, established on 18 April 2020. The firm is headquartered at 9th Floor, 30 Crown Place, London EC2A 4ES. According to regulatory records, BourseTrade holds an FCA licence (Market Making), though the current status of that licence is not confirmed active.
The broker's official domain is boursetrade.com, which, as of the time of review, appears to redirect to the website of Trade Nation, a separate FCA-regulated broker. This discrepancy raises questions about the operational identity of BourseTrade and whether it continues to trade under its own brand.
Regulatory Status
BourseTrade lists the Financial Conduct Authority (FCA) as its primary regulator, with licence type Market Making (MM). The FCA is a respected regulatory body, and a UK registration typically implies compliance with strict financial standards. However, our cross-referencing with the FCA public register was unable to verify an active licence under the name BourseTrade at the provided address.
The address itself — 30 Crown Place, London EC2A 4ES — is a known commercial location shared by multiple financial firms. While this does not in itself indicate misconduct, the lack of clear regulatory confirmation and the domain redirection are notable flags for due diligence.
Operational History and Presence
BourseTrade was founded in April 2020, a period that saw a surge in new brokerage launches amid increased retail trading interest. The firm maintains a Twitter/X account, though its activity and follower count are not documented in available records. No independent user reviews or client testimonials were found on major industry platforms.
The broker's limited public footprint, combined with the domain behaviour, suggests a low-profile or potentially dormant operation. Traders seeking a transparent and active broker may find the lack of verifiable operational history concerning.
Risk Assessment
FXCanary's Scam Risk Score for BourseTrade is 36 out of 100, categorised as 'Guarded'. This score reflects the significant uncertainties surrounding the broker's current operations, regulatory status, and website authenticity. The score is not an outright fraud accusation but an indicator that standard risk-mitigation steps should be taken before engaging.
Key risk factors include the domain redirection, unverified FCA licence status, and absence of user feedback. Traders are advised to seek brokers with transparent, independently confirmed regulatory standing and active client communities.
Overview compiled by FXCanary from regulatory records and public data. full BourseTrade review