Leisertrade

Leisertrade is a company registered in the United States, with an official domain of leisertrade.com. According to public records, the firm was founded on January 29, 2023, and lists its registered address as 32 Court Street, Brooklyn, NY 11201.

As of the time of this review, Leisertrade does not hold any known regulatory licences from financial authorities. The absence of regulation is a significant factor for traders to consider, as it means the broker is not subject to the oversight of a recognised financial regulator.

Our research has found no evidence that Leisertrade is licensed or authorised by any financial regulatory body, including the US Commodity Futures Trading Commission (CFTC) or the National Futures Association (NFA), which govern forex and derivatives trading in the United States.

Without a regulatory licence, clients have limited recourse in the event of a dispute or if the broker fails to meet its obligations. Traders are strongly advised to exercise caution when dealing with unregulated entities.

Leisertrade was incorporated relatively recently, in early 2023. The company is registered in the United States, which provides a legal framework for its operations, but the lack of financial regulation means it is not required to meet minimum capital standards or adhere to client fund segregation rules.

The physical address in Brooklyn, New York, is a commercial location, but further verification of its operational presence has not been possible through publicly available sources.

Due to the absence of an accessible website or publicly available marketing materials, the specific products and services offered by Leisertrade are not known. The name 'Leisertrade' suggests a focus on trading, but whether it provides forex, CFDs, cryptocurrencies, or other financial instruments cannot be confirmed.

Potential clients seeking information should approach with caution, as the lack of transparency makes it impossible to assess the quality or safety of any offerings.

FXCanary's Scam Risk Score for Leisertrade stands at 49 out of 100, classified as 'Guarded.' This score reflects the high level of uncertainty surrounding the broker, primarily due to its unregulated status and limited public information.

The guarded risk level indicates that while there is no immediate evidence of fraudulent activity, the risks are elevated compared to regulated brokers. Traders should weigh this carefully before any engagement.