About Era Trade Fx
Company Overview
Era Trade Fx is a forex brokerage firm registered in the United Kingdom, with an official domain of eratradefx.com. According to public records, the company was founded on 26 February 2021.
However, as of the time of writing, the official website is inaccessible, raising concerns about the broker's operational status and reliability.
Regulation and Licensing
The broker claims to be regulated by the Cyprus Securities and Exchange Commission (CYSEC) and the Financial Conduct Authority (FCA) in the United Kingdom. However, our cross-checks with the regulatory registers indicate that the status of these licences is unclear, and no active authorisation could be confirmed.
This lack of verifiable regulation is a significant red flag for traders, as it means the broker may not be subject to oversight by governmental or financial authorities. The absence of confirmation raises the risk of potential misconduct or financial loss.
Products and Services
Due to the inaccessibility of the broker's website, specific details about trading instruments, account types, and platforms cannot be independently verified. Typically, forex brokers offer currency pairs, CFDs, and other leveraged derivatives.
Without official information, prospective clients must exercise extreme caution, as the true scope and quality of services remain unknown. It is unclear whether the broker provides demo accounts, educational resources, or customer support beyond the listed telephone number.
Risk Assessment
FXCanary has assigned Era Trade Fx a Scam Risk Score of 38 out of 100, indicating a 'Guarded' level of risk. This score reflects concerns about the broker's regulatory status and the unreachable website.
Traders are advised to treat this broker with high suspicion. The combination of an inaccessible site and unverified licences suggests that the broker may not be operating legitimately. We recommend avoiding any engagement until full transparency is provided.
Customer Support
The only contact details provided for Era Trade Fx are a telephone number: +1 332 600 5120. However, without a functioning website, it is uncertain whether this number is operational or monitored.
Potential investors should not rely solely on this information for due diligence. The lack of multiple communication channels or a physical office address further undermines confidence in the broker's trustworthiness.
Overview compiled by FXCanary from regulatory records and public data. full Era Trade Fx review