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Ciphertrades

Moderate risk
🇺🇸 United States · 2-5 years · since 2024-05-06 · Ciphertrades
This is a , not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
Unregulated
Visit site ↗
—/5
★★★★★ ★★★★★
0 reviews ›
0
Licenses ›
0
Withdrawal issues ›
—
Min. deposit ›
—
Max leverage ›
0
Account types ›
49/100
Scam risk ›
0
Clone sites ›
▲ 0% positive▼ 0% negative
Independent ratingshow third parties score this broker
WikiFX1.35/10
Trustpilot—/5
Forex Peace Army—/5
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🇺🇸
No sign that Ciphertrades actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
49
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age4515%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration108%
Transparency (site/info/social)7810%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameCiphertrades
Headquarters🇺🇸 United States
Founded2024-05-06
Years operating2-5 years
Employees0
Official websiteciphertrades.co
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods—
Withdrawal methods—
Instruments—
Registered address
1369 Orchard Street, 10th Floor, Bloomington, Minnesota, UNITED STATES OF AMERICA

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

Ciphertrades is a newly registered US-based broker with no regulatory oversight. The absence of an official website or independent reviews means there is insufficient information to assess its legitimacy. The guarded risk score of 49/100 underscores the need for extreme caution. Without verified licensing, traders should avoid committing funds until more details emerge.

Not for
  • Traders seeking a regulated broker
  • Traders who require transparency and verified operational history
Period:

Real user reviews

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About Ciphertrades

Company Overview

Ciphertrades is a brokerage firm registered in the United States, with a registered address at 1369 Orchard Street, 10th Floor, Bloomington, Minnesota. According to public records, the company was founded on May 6, 2024, making it a relatively new entrant in the financial services space.

Our independent research has found no official website or marketing material that details the company's offerings. As a result, specific information about its services, platforms, or target clientele remains unavailable from public sources. This lack of transparency is a notable concern for potential traders.

Regulation and Safety

Our records indicate that Ciphertrades does not hold any regulatory licences from recognised financial authorities. The firm is not supervised by the US Commodity Futures Trading Commission (CFTC), the Securities and Exchange Commission (SEC), or any other major regulator.

The absence of regulation means that traders have no independent oversight or recourse in the event of disputes. This is a significant risk factor, and the company's FXCanary Scam Risk Score of 49/100 (Guarded) reflects this concern. Without verified regulatory status, the safety of client funds cannot be assured.

Overview compiled by FXCanary from regulatory records and public data. full Ciphertrades review