Brokers  /  FOREX TRADE LEDGER

FOREX TRADE LEDGER

High risk
Marshall Islands · 5-10 years · since 2021-03-22 · Forextradeledger Limited
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
WikiFX1.52/10
Trustpilot/5
Forex Peace Army/5
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No sign that FOREX TRADE LEDGER 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.
54
High risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Registered in Marshall Islands (offshore, light oversight)
  • 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 registration808%
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 nameForextradeledger Limited
Headquarters Marshall Islands
Founded2021-03-22
Years operating5-10 years
Employees0
Official websitefxtradelegder.com
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

Forex Trade Ledger is an unregulated broker registered in the Marshall Islands with no verifiable track record. The absence of regulatory oversight and limited public information place it in a high-risk category. Traders should avoid this broker until further evidence of its legitimacy and reliability emerges.

0
Period:

Real user reviews

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About FOREX TRADE LEDGER

Company Overview

Forex Trade Ledger is a financial services entity registered in the Marshall Islands, a jurisdiction known for minimal regulatory oversight. The company was founded on 22 March 2021, making it a relatively new entrant. According to our records, the official domain is fxtradelegder.com.

No independent public information about the broker's operations, platform, or client base was available at the time of this review. The absence of verifiable external sources limits the ability to assess the broker's legitimacy or service quality.

Regulation and Licensing

Forex Trade Ledger does not hold any known regulatory license from established financial authorities. Our records indicate that no regulators are on file for this broker. This is a significant point for traders, as it means there is no independent oversight or investor protection mechanisms in place.

The lack of regulation raises concerns about the safety of client funds and the transparency of business practices. Traders are advised to exercise extreme caution when considering an unregulated broker.

Risk Assessment

FXCanary's Scam Risk Score for Forex Trade Ledger is 54 out of 100, indicating an elevated risk profile. This score reflects the broker's unregulated status, recent establishment, and limited public information. The absence of user reviews or industry references further complicates due diligence.

While a moderate score does not confirm fraud, it signals that the broker operates in a high-risk environment. Potential clients should be aware that they have no recourse to financial ombudsman services or compensation schemes if disputes arise.

Overview compiled by FXCanary from regulatory records and public data. full FOREX TRADE LEDGER review