About Outrade
About Outrade
Outrade is a company registered in the United Kingdom, with an official address at 59 Stamford Road, London E6 1LP. It was incorporated on 6 November 2024, making it a very recently established entity. The company operates the website outrade.org.
As of the time of this review, Outrade does not hold any regulatory licences from the UK Financial Conduct Authority or any other recognised financial regulator. This absence of oversight is a significant factor for potential users to consider when evaluating the firm.
Regulatory Status
Our research indicates that Outrade is not listed on any major regulatory registers. The company’s registration with Companies House in the UK confirms its corporate existence, but this does not grant it permission to offer financial services. Traders should be aware that dealing with an unregulated entity carries heightened risks, including limited recourse in the event of disputes or financial loss.
We cross-checked the company details against the FCA’s register and found no matching entries. This lack of regulatory authorisation means that Outrade is not subject to the client money protection rules or compensation schemes that cover regulated brokers in the UK.
FXCanary Scam Risk Assessment
FXCanary has assigned Outrade a Scam Risk Score of 53 out of 100, which falls into the ‘Elevated’ risk category. This score reflects the combination of the company’s newness, its unregulated status, and the limited publicly available information about its operations.
An elevated score does not necessarily mean that Outrade is fraudulent, but it does indicate that traders should approach with caution. We strongly advise conducting thorough due diligence before committing any funds.
Conclusion
Based solely on the known facts, Outrade appears to be a recently formed UK company with no verified trading platform, client reviews, or regulatory oversight. The absence of independent information makes it impossible to provide a detailed assessment of its services.
For traders, the safest course is to avoid unregulated entities altogether. If you choose to investigate further, ensure you verify any claims directly with official sources and never risk more than you can afford to lose.
Overview compiled by FXCanary from regulatory records and public data. full Outrade review