About Broker IQ
Overview
Broker IQ is a company registered in the United Kingdom with a registered address at 321-323 High Road, Chadwell Heath, Essex RM6 6AX. According to official records, the entity was incorporated on 23 June 2022. The company operates the website brokeriq.io, which appears to be positioned as a financial brokerage, although no detailed information about its services is available from independent sources.
As of the time of this review, Broker IQ does not hold any known regulatory licence from a financial authority in the UK or elsewhere. The absence of regulation is a significant factor for any trader considering this firm, as it means the broker is not subject to oversight by a recognised regulatory body such as the Financial Conduct Authority (FCA).
Regulation and Licensing
Our research indicates that Broker IQ has no regulatory licences on file. This is based on a check of the UK Companies House register and other regulatory databases. The company is not listed as an authorised or registered firm with the FCA or any other financial regulator.
Without regulatory oversight, clients may have limited recourse in the event of disputes or financial loss. Regulated brokers are required to adhere to strict rules on client fund segregation, fair treatment, and dispute resolution; the absence of such protections is a key consideration.
Products and Services
Little is known about the specific products and services offered by Broker IQ due to a lack of publicly available information. The website brokeriq.io is not accessible for detailed review, so we cannot confirm the trading platforms, instruments, account types, or funding methods that the broker may offer.
Typically, brokers operating under a name like 'Broker IQ' might offer forex and CFD trading, but this cannot be verified without access to the official site. Traders should exercise caution and request detailed information directly from the company before engaging.
Company Background
Broker IQ was founded in 2022 and is registered as a private limited company in the United Kingdom. The registered address is located in Chadwell Heath, Essex. There is no publicly available financial information or track record of operations, as the company appears to be relatively new and not widely referenced in industry databases.
The lack of established history and transparency regarding its ownership and management adds to the uncertainty surrounding this entity.
Risk Assessment
FXCanary's Scam Risk Score for Broker IQ is 49 out of 100, placing it in the 'Guarded' category. This score reflects the significant risks associated with an unregulated broker with limited publicly available information.
The primary risk factor is the absence of regulatory licensing, which exposes clients to potential issues such as lack of fund protection, opaque business practices, and minimal legal recourse. Traders are strongly advised to exercise caution and consider only regulated and well-known brokers.
Overview compiled by FXCanary from regulatory records and public data. full Broker IQ review