Metrics Trade

Metrics Trade is a forex and CFD broker that was founded on 6 April 2023. The company lists its registered address in Kingstown, St. Vincent and the Grenadines, a jurisdiction commonly used by offshore financial services firms. Despite its registration in the United Kingdom, the broker operates from an address in St. Vincent, which may raise questions about its regulatory oversight.

According to public records, Metrics Trade has not obtained any regulatory licences from recognised financial authorities. This is a significant factor for traders to consider, as unregulated brokers do not offer the same level of investor protection as those licensed by bodies such as the FCA, CySEC or ASIC. The absence of registration with a major regulator means that disputes or losses may be difficult to resolve through official channels.

Our records indicate that Metrics Trade holds no regulatory licences from any financial supervisory authority. The company is not authorised by the UK Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), or any other reputable regulator. This lack of oversight is a critical point for potential clients, as it means the broker is not required to adhere to strict standards on client fund segregation, reporting, or conduct of business.

Traders considering an account with Metrics Trade should be aware that dealing with an unregulated entity carries inherent risks. Without regulatory protection, clients have limited recourse if the broker fails to honour withdrawals, manipulates prices, or engages in other malpractices. The St. Vincent and the Grenadines registration does not impose meaningful financial supervision, leaving clients exposed.

Given the lack of regulatory oversight and the short track record, Metrics Trade may be attractive only to traders who are willing to accept a high level of risk. Experienced traders who fully understand the dangers of unregulated gambling-like trading may consider it, but it is not suitable for beginners or risk-averse investors.

The broker's website, metricstradefx.com, may present features typical of retail forex brokers, such as leverage, multiple account types, and various trading instruments. However, without independent verification, these claims should be treated with caution. Traders are advised to conduct thorough due diligence before depositing funds.

Based on the limited information available, the specific account types and trading platforms offered by Metrics Trade are not confirmed. Brokers in this segment typically provide MetaTrader 4 or 5, proprietary web platforms, and a range of account tiers (e.g., standard, premium, VIP). However, we cannot verify these details for Metrics Trade.

Potential clients should visit the official website to review the full list of account features, spreads, commissions, and leverage options. As with any unregulated broker, the terms and conditions may change without notice, and the broker's marketing materials should not be taken at face value.

The funding methods and withdrawal policies for Metrics Trade are not clearly documented in public records. Typically, offshore brokers accept bank transfers, credit/debit cards, and various cryptocurrencies. However, the processing times and fees can vary, and unregulated brokers may impose unexpected charges or delays.

We strongly recommend that traders test the withdrawal process with a small amount before committing larger sums. If the broker restricts withdrawals or imposes excessive conditions, this could be a red flag. Without regulatory oversight, there is no guarantee that funds will be returned promptly or at all.

Metrics Trade is a recently established broker based in St. Vincent and the Grenadines with no known regulatory licences. While the company is registered in the United Kingdom, that registration alone does not confer financial regulation. Our FXCanary Scam Risk Score of 49/100 (Guarded) reflects the high level of uncertainty and lack of external oversight.

Traders should approach this broker with extreme caution. The absence of regulation, combined with limited independent information, makes it a high-risk choice. We advise potential clients to prioritise regulated brokers that offer strong investor protections and transparent operations.