CANNON TRADING

Cannon Trading Company, Inc. is a US-based futures brokerage founded on March 14, 2019. The company is headquartered at 12100 Wilshire Blvd., Suite 1640, Los Angeles, CA 90025. Despite its relatively recent establishment, the firm has quickly built a strong reputation among retail futures traders, as reflected in its exceptionally high Trustpilot rating of 4.9 out of 5 from over 560 reviews. The broker focuses on providing personalized service and dedicated support to its clients, many of whom highlight the company's commitment to helping traders succeed.

As a US-domiciled broker, Cannon Trading operates under the legal framework of the United States. However, our research indicates that the company does not hold any verified regulatory license from major financial authorities such as the NFA, CFTC, or any other recognized regulator. This lack of third-party oversight is an important consideration for any trader evaluating the safety of their funds.

Cannon Trading enjoys an outstanding online reputation, particularly on Trustpilot where it boasts a 4.9-star rating based on a large sample of verified reviews. Across hundreds of testimonials, clients consistently praise the broker's customer service, platform setup assistance, and overall trustworthiness. Many reviews specifically name representatives like Ilan, Kimberly, and Eli Gal, indicating a high-touch, personal approach to client relations.

The overwhelmingly positive feedback spans multiple aspects of the trading experience, including customer support (119 mentions, all positive), platform and app usability (45 mentions, all positive), and speed of service (35 mentions, all positive). Notably, there are zero withdrawal complaints and no reports of scam behavior, which is a strong indicator of operational integrity. However, the absence of any negative reviews should be viewed alongside the regulatory gaps noted above.

While specific details on trading instruments, platforms, and account types are not publicly disclosed in the available data, reviews indicate that Cannon Trading primarily serves futures traders. Clients mention using platforms that require setup and configuration, with staff providing remote assistance to get them running. The broker appears to offer both demo and live accounts, with a straightforward funding process that accommodates international clients, as evidenced by a review from a New Zealand-based trader.

From the user feedback, it is clear that the broker places a strong emphasis on education and support for newer traders. Several reviewers note that they received step-by-step guidance on charting, platform features, and account management. This suggests that Cannon Trading may be particularly well-suited for traders who value a learning-oriented environment over purely self-service, low-cost execution.

The most significant risk factor for prospective clients is the complete lack of verified regulatory licensing. Cannon Trading does not appear to be registered with the US Commodity Futures Trading Commission (CFTC) or the National Futures Association (NFA), nor with any other major regulator globally. This means that traders do not have access to traditional investor protection mechanisms such as segregated accounts, compensation schemes, or independent dispute resolution.

Despite the positive user reviews, the absence of regulation introduces substantial counterparty risk. While no complaints of withdrawal delays or fraud have surfaced, the broker's 0-employee listing in corporate records may also raise questions about operational capacity. Potential clients are advised to conduct thorough due diligence and consider whether the lack of regulatory oversight aligns with their risk tolerance.

Based on the available data, Cannon Trading appears to be an excellent fit for futures traders who prioritize customer service, hands-on support, and a relationship-driven brokerage experience. The broker's impressive track record of satisfied clients suggests that it delivers on its promise of personalized attention. Beginners, in particular, may benefit from the detailed onboarding and technical assistance.

Conversely, traders who require the safety net of a regulated broker, or those who prefer low-cost, automated trading environments, may find better options elsewhere. Non-US residents should also consider jurisdictional risks, as the broker is not regulated in their home countries. Ultimately, Cannon Trading presents a paradox: exceptional user satisfaction but minimal regulatory credibility, making it a high-trust, high-risk choice for the informed trader.