About Cloud-deck fx
Overview
Cloud-deck fx is a forex broker registered in the United Kingdom, founded on July 3, 2023. The company operates under the official domain clouddeckfx.com and provides trading services to retail clients. According to its registration records, the broker's registered address is 21 Discovery Dock Apartments West, 2 South Quay Square, London, England, E14 9RT.
The broker offers two account types—Classic and Edge—both with a minimum deposit requirement of $100. Maximum leverage is set at 1:500, a high level that amplifies both potential gains and risks. However, detailed information about available trading instruments, platforms, and funding methods is not readily available in public records.
Company & Regulation
Cloud-deck fx is registered as a company in England and Wales, but it does not hold any financial regulatory license from a recognized authority. The absence of regulation means that the broker is not supervised by any official body, and traders do not have access to deposit protection schemes or compensation funds. This lack of oversight significantly increases the counterparty risk for clients.
The broker's severe scam risk score of 75/100, as assessed by FXCanary, reflects this regulatory vacuum and other red flags. Traders should be aware that unregulated brokers offer minimal recourse in case of disputes or financial loss. The company's recent establishment in 2023 further limits its track record and operational history.
Account Types
Cloud-deck fx provides two account tiers: Classic and Edge. Both accounts require a minimum deposit of $100, making them accessible to retail traders with modest capital. The maximum leverage offered is 1:500 for both account types, which is substantially higher than what regulated brokers typically allow. Such leverage can lead to rapid gains but also to significant losses, especially in volatile markets.
The broker does not publicly disclose the specific features, spreads, commissions, or trading conditions associated with each account type. Without these details, traders cannot adequately compare the cost of trading or the quality of execution. The lack of transparency is a common characteristic among unregulated brokers.
Trading Conditions
Information about the trading platforms, instruments, and funding methods offered by Cloud-deck fx is not available from regulatory records or public sources. The broker may offer forex, CFDs, or other derivatives, but no concrete details have been verified. The maximum leverage of 1:500 suggests that the broker targets traders seeking high-risk, high-reward strategies.
Traders should approach such offers with caution, as high leverage can quickly lead to margin calls and account wipeouts. Without clarity on execution models, slippage policies, or negative balance protection, it is difficult to assess the overall trading environment. The broker's registered address in London does not guarantee any financial safety, as many unregulated entities use UK registration for appearance only.
Risk Considerations
Given the complete absence of regulatory oversight, trading with Cloud-deck fx carries severe risk. The high leverage amplifies market exposure, and the lack of independent supervision means that fund segregation, fair dealing, and client protection cannot be assured. The broker's anonymity regarding instruments and platforms further compounds the risk.
FXCanary's risk assessment of 75/100 (Severe) underscores these dangers. Potential clients should consider that depositing funds with an unregulated broker may result in total loss. Without a regulatory license, there is no external body to resolve disputes or compensate for wrongful actions.
Conclusion
Cloud-deck fx presents itself as a forex broker with competitive offers, but the lack of regulation and transparency makes it a high-risk choice for traders. The company's short operational history and absence of public information are significant warning signs. Traders are strongly advised to only engage with regulated brokers that provide clear terms and investor protections.
In sum, the broker appeals to those willing to take substantial risks, but the potential for loss far outweighs any perceived benefits. For most retail traders, the absence of a regulatory safety net should be a dealbreaker. Always prioritize safety and due diligence when selecting a trading partner.
Overview compiled by FXCanary from regulatory records and public data. full Cloud-deck fx review