Brokers  /  Double.Trade

Double.Trade

Moderate risk
🇬🇧 United Kingdom · 5-10 years · since 2020-03-17 · GONNAFLEX LTD
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
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Independent ratingshow third parties score this broker
WikiFX1.56/10
Trustpilot/5
Forex Peace Army/5
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No sign that Double.Trade 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.
48
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 age2215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration108%
Transparency (site/info/social)10010%

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 nameGONNAFLEX LTD
Headquarters🇬🇧 United Kingdom
Founded2020-03-17
Years operating5-10 years
Employees0
Official websitedouble.trade
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

Double.Trade is an unregulated entity registered in the UK with no verifiable public track record, raising significant concerns about client safety and operational transparency. The lack of regulatory oversight and user reviews makes it difficult to assess its reliability. Traders should treat this broker with guarded caution and prefer regulated alternatives.

Not for
  • Risk-averse traders seeking regulatory protection
  • Traders requiring transparent operations
  • Investors preferring regulated brokers
Period:

Real user reviews

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About Double.Trade

Company Overview

Double.Trade operates under the official domain double.trade and was registered in the United Kingdom on 17 March 2020. The entity presents itself as a trading platform, but public details about its specific services and operational history are limited. As of the latest records, Double.Trade does not hold any regulatory licence from a recognised financial authority, which is a significant factor for traders to consider.

Regulatory Status

Our review found no evidence of regulatory oversight for Double.Trade from any financial regulator, including those in the United Kingdom where it is registered. The absence of a licence means that traders using this platform do not benefit from investor protection schemes, compensation funds, or independent dispute resolution services. This lack of regulation is a notable risk factor, as it reduces accountability and transparency.

Trading Products and Services

Based on the limited information available, Double.Trade appears to offer trading services, likely encompassing forex, CFDs, or other financial instruments. However, without access to the official website or verified marketing materials, we cannot confirm the specific products, account types, or trading platforms offered. Prospective clients should approach these unverified claims with caution.

Target Audience

Double.Trade seems to target retail traders seeking leveraged trading opportunities, given the typical nature of entities with similar names and domains. The absence of regulatory licences suggests the platform may be geared towards traders who are willing to operate outside regulated environments, often in search of higher leverage or fewer restrictions. This audience should be aware of the elevated risks involved, including potential loss of funds.

Client Funds and Security

There is no publicly available information regarding how Double.Trade handles client funds, such as segregation in separate accounts or protection measures. In regulated environments, client money is typically held in segregated accounts and protected by investor compensation schemes. The lack of such disclosures from Double.Trade is a concern, as it leaves clients vulnerable in the event of the firm's insolvency or misconduct.

Reputation and Track Record

Double.Trade has no independent user reviews or substantial third-party analysis available in the public domain. This vacuum of feedback makes it difficult to gauge the broker's reliability, execution quality, or customer service. The FXCanary Scam Risk Score of 48 out of 100 (Guarded) reflects this uncertainty, indicating that while there is no immediate evidence of fraud, the absence of information warrants a cautious stance.

Conclusion

Double.Trade is a UK-registered entity with an opaque operational profile and no regulatory oversight. The limited public information and absence of user reviews make it a high-risk choice for traders. Until independent data emerges, traders are advised to exercise extreme caution and consider fully regulated alternatives that offer transparency and investor protection.

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