DUAL trade

Dual Trade is a forex and CFD broker registered in the United Kingdom, with its registered office at 64 Nile Street, London, England, N1 7SR. The company was founded on 26 August 2024, making it a relatively new entrant to the online trading space. Its official website is dual-trade.com.

According to our records, Dual Trade holds a Cyprus Securities and Exchange Commission (CySEC) licence, classified as Market Making (MM), with licence number 138/11. The licence is issued in Cyprus. However, the status of this licence is not indicated in our records, and we note that the company reports zero employees, which is an unusual data point for an active broker.

Dual Trade is regulated by CySEC, one of the most established financial regulators in the European Union. The licence number on file is 138/11, and the licence type is Market Making (MM). This type of licence permits the broker to act as a counterparty to client trades, a common model in the retail forex industry.

However, our records do not show the current status of this licence, and the company's registration in the UK is relatively recent. Traders should verify the licence status directly with CySEC before engaging with the broker, as a valid and active licence is a key indicator of regulatory oversight.

Dual Trade offers five account tiers, each designed to cater to different trading preferences and experience levels. The Elite account features a minimum spread from 0.2 pips and a commission of 0.02% per trade. The Maverick account has a minimum spread from 0.5 pips and a commission of 0.03% per trade.

The Visionary account offers a minimum spread from 1 pip and a commission of 0.05% per trade. The Innovator account has a minimum spread from 1.5 pips and a commission of 0.08% per trade. Finally, the Explorer account features a minimum spread from 2 pips and a commission of 0.1% per trade. Minimum deposit and maximum leverage are not disclosed in our records for any of these accounts.

The trading conditions at Dual Trade appear to be structured around a tiered account system, with higher-tier accounts offering tighter spreads but higher commissions. This is a common approach among forex brokers to accommodate both scalpers and longer-term traders.

However, key details such as minimum deposit, maximum leverage, and the range of tradable instruments are not specified in our records. This lack of transparency makes it difficult for potential clients to assess whether the broker meets their trading needs without visiting the official website.

Our records do not list any specific deposit or withdrawal methods for Dual Trade. This is a significant gap in information, as the availability of convenient and secure funding options is a critical factor for traders when choosing a broker.

We recommend that traders consult the broker's official website or contact their support team to obtain details on accepted payment methods, processing times, and any associated fees. The absence of this information in public records is a cautionary note, as established brokers typically disclose their banking and payment arrangements.

The range of tradable instruments at Dual Trade is not disclosed in our records. Typically, forex brokers offer currency pairs, commodities, indices, and sometimes cryptocurrencies, but we cannot confirm this for Dual Trade without further information.

Similarly, the trading platforms offered by the broker are not specified. Most brokers in this space provide MetaTrader 4 or MetaTrader 5, but we have no evidence to confirm this for Dual Trade. Traders should verify platform availability and instrument coverage directly with the broker.

Dual Trade is a recently established broker, having been founded in 2023, and our records indicate that it has no verifiable website or social-media presence beyond its official domain. This is a notable risk factor, as established brokers typically have a track record and a visible online footprint.

Additionally, the company reports zero employees, which raises questions about its operational capacity. While this may be a data reporting issue, it is an anomaly that warrants caution. Traders are advised to conduct thorough due diligence, including verifying the CySEC licence status and reading independent reviews, before committing funds.