About Metro FX-Trading
Company Overview
Metro FX-Trading operates under the domain metrofxtrading.com and is registered in the United States. The entity was founded on August 25, 2022, and its registered address is 561 Montgomery St, Jersey City, New Jersey. As a relatively new broker, independent public information about its operations is limited. FXCanary's assessment places its Scam Risk Score at 49 out of 100, indicating a guarded level of risk for potential traders.
Regulatory Status
According to known records, Metro FX-Trading does not hold any regulatory license from a recognized financial authority. The absence of regulation is a critical factor for traders to consider, as it means the broker is not subject to oversight by entities such as the Commodity Futures Trading Commission (CFTC) or the Securities and Exchange Commission (SEC) in the United States. This lack of supervision may expose clients to higher risks, including potential issues with fund security and dispute resolution.
Services and Products
Based on the broker's name and domain, it appears to offer trading services in forex and possibly CFDs. However, no specific details about account types, trading platforms, instruments, or funding methods are available from reliable sources. Traders seeking a comprehensive trading environment may find the lack of transparent information concerning. FXCanary recommends that traders verify any offerings directly with the broker and exercise due diligence.
Target Audience
Metro FX-Trading seems to target retail traders looking for online forex and CFD trading. Given its US registration and lack of regulation, the broker may not be suitable for traders who prioritize regulatory protection or who require a well-established track record. The guarded risk score suggests that while immediate red flags are not present, there is enough uncertainty to warrant caution.
Overview compiled by FXCanary from regulatory records and public data. full Metro FX-Trading review