About Equit Trade
About Equit Trade
Equit Trade is a company registered in the United Kingdom, with an incorporation date of 22 January 2021. Its registered address is listed as Middlesbrough Bus Station, Middlesbrough, TS1 5EA, United Kingdom. The company operates the website equittrade.com, though no further details about its services or business model are publicly available from the sources reviewed by FXCanary.
Based on the regulatory records accessible to our research team, Equit Trade holds no recognised financial regulator licence. This absence of regulatory oversight is a significant factor for any potential client to consider, as it means the company is not subject to the supervisory standards or client protections typically enforced by authorities such as the UK Financial Conduct Authority (FCA) or other major regulators.
Regulatory Status
Our review of public registers confirms that Equit Trade is not listed as an authorised or regulated financial services provider by any known regulator. The company is incorporated as a private limited company under UK law, but this corporate status does not confer any authorisation to offer regulated financial products or services.
In the UK, firms offering forex, CFD, or other investment services are required to be authorised by the FCA. Equit Trade's absence from the FCA register is a red flag for traders seeking a regulated environment. FXCanary's Scam Risk Score for Equit Trade stands at 45 out of 100, classified as 'Guarded', reflecting the elevated risk associated with unregulated entities.
Background and History
Equit Trade was founded in January 2021, making it a relatively new entrant in the financial services space. The registered address at a bus station in Middlesbrough raises questions about the nature of the company's physical presence and operational substance. Commercial registries indicate the company is in good standing, but this does not equate to regulatory approval for financial activities.
Without independent web search results or access to the company's own marketing materials, FXCanary cannot verify the exact nature of Equit Trade's operations. The company may present itself as a trading platform or investment service, but no official claims are available for verification in this profile.
Services and Products
Due to the limited publicly available information, it is not possible to specify the product offerings of Equit Trade. The domain name 'equittrade.com' suggests a possible focus on trading activities, but this cannot be confirmed. The lack of a detailed website description or third-party reviews means that potential clients have minimal information to base their decisions on.
Traders considering Equit Trade should exercise extreme caution and request full disclosure of services, instruments, and terms directly from the company. The absence of verifiable data is itself a warning sign, as legitimate brokers typically provide transparent information about their offerings.
Client Protection and Risk
Without regulatory authorisation, clients of Equit Trade have no access to compensation schemes such as the UK's Financial Services Compensation Scheme (FSCS) or the Financial Ombudsman Service. This leaves traders without a recourse mechanism in the event of disputes or financial loss. FXCanary strongly advises that traders only engage with fully regulated brokers to ensure a baseline level of security.
The 'Guarded' risk score reflects these concerns. While no direct evidence of fraudulent activity is available, the lack of regulation, opaque operational details, and unverified status warrant a cautious approach. Traders should perform their own due diligence and consider alternative brokers with established regulatory oversight.
Conclusion
Equit Trade presents a high-risk profile due to its unregulated status and the absence of verifiable information. FXCanary's editorial team has not identified any credible sources that confirm the broker's legitimacy or service quality. The company's incorporation in the UK does not substitute for a financial services licence.
For traders seeking a secure trading environment, it is advisable to choose brokers authorised by tier-one regulators such as the FCA, CySEC, or ASIC. Equit Trade's current standing offers no such assurance. We will update this profile as more information becomes available, but the existing evidence points to a guarded risk.
Overview compiled by FXCanary from regulatory records and public data. full Equit Trade review