Brokers  /  GENUINE TRADE

GENUINE TRADE

Moderate riskForex / CFD broker
🇬🇧 United Kingdom · 2-5 years · since 2022-12-20 · GENUINE TRADE
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.44/10
Trustpilot/5
Forex Peace Army/5
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No sign that GENUINE 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.
49
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 age4515%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration108%
Transparency (site/info/social)7810%

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 nameGENUINE TRADE
Headquarters🇬🇧 United Kingdom
Founded2022-12-20
Years operating2-5 years
Employees0
Official websitegenuinetrade.uk
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments
Registered address
110 Dallow Road, Luton, England, LU1 1ND

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

GENUINE TRADE is an unregulated broker with limited public information and a short operating history. The absence of regulatory oversight and transparency makes it a high-risk choice for traders. FXCanary's Scam Risk Score of 49/100 (Guarded) reflects the concerning lack of verifiable credentials.

Best for
  • Not yet determined due to lack of information
Not for
  • Risk-averse traders
  • Traders seeking regulated protection
  • Beginners
Period:

Real user reviews

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About GENUINE TRADE

Overview

GENUINE TRADE is a company registered in the United Kingdom as of 20 December 2022. Its registered address is 110 Dallow Road, Luton, England, LU1 1ND. The broker operates the website genuinetrade.uk, which suggests an offering of financial trading services, likely in forex and CFDs.

However, beyond these basic registration details, there is very little publicly available information about the broker. No official website content, client testimonials, or independent reviews could be obtained to verify its products or business practices. Traders should be aware that the lack of transparency is itself a significant warning signal.

Regulation and Safety

According to official regulatory records, GENUINE TRADE does not hold any licence from a recognised financial regulator. The company is registered at Companies House in the UK, but company registration alone does not grant authorisation to offer financial services.

The absence of regulation means that clients have no access to compensation schemes, dispute resolution through an ombudsman, or any independent oversight. For traders who prioritise security and regulatory protection, this broker presents a high level of risk.

Account Types and Trading Platforms

No information is available regarding the account types, trading platforms, or pricing structures offered by GENUINE TRADE. The broker's website may list account options, but without direct access, we cannot verify any details.

Potential clients should be cautious: the lack of publicly documented account specifications is unusual for a legitimate broker. Any claims made by the broker directly would need to be independently confirmed before considering a deposit.

Instruments and Markets

The trading instruments offered by GENUINE TRADE are not known. Based on the brand name and domain, it is plausible that forex pairs, commodities, indices, or cryptocurrencies could be available, but this remains speculation.

Without official documentation or a live website review, we cannot provide a definitive list of markets. Traders should insist on seeing a full instrument list and contract specifications before opening an account.

Funding and Withdrawals

Deposit and withdrawal methods for GENUINE TRADE have not been disclosed in any public source. Typical brokers offer bank transfers, credit/debit cards, or e-wallets, but these details are absent here.

The lack of transparent funding information is a red flag. Legitimate brokers clearly outline their accepted payment methods and any associated fees. The absence suggests that the broker may not be fully operational or may have intentionally omitted these details.

Suitability

Given the unregulated status and scarcity of information, GENUINE TRADE is not suitable for the vast majority of traders. Only those who are fully aware of the high risks and are willing to potentially lose their entire capital should consider trading with an unverified broker.

The broker may appeal to traders looking for anonymous or unrestricted trading, but the risks far outweigh any potential benefits. Beginners and risk-averse individuals are strongly advised to avoid this broker outright.

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