About PerfectFXTrade
Company Overview
PerfectFXTrade is a trading firm registered in the United Kingdom. The company was established on 10 October 2022 and lists its registered address at 88 Wood Street, EC2V 7QR, London, UK. Our review found that the firm operates under the domain perfectfxtrade.com.
Despite its UK registration, PerfectFXTrade does not hold any regulatory licences from the Financial Conduct Authority (FCA) or any other financial regulator. This absence of oversight is a significant factor for traders to consider, as it means the broker is not subject to standard investor protection schemes or regulatory capital requirements.
Regulatory Status
Based on verified records, PerfectFXTrade has no regulators on file. The company was incorporated in the United Kingdom, but this does not equate to FCA authorisation. Many firms registered at Companies House are not necessarily licenced to offer financial services.
For traders accustomed to dealing with FCA-regulated brokers, the lack of authorisation is a clear red flag. UK registration alone provides no safeguard for client funds, and in the event of a dispute, traders would have no recourse to the Financial Ombudsman Service or the Financial Services Compensation Scheme.
Available Information
At the time of research, independent public information about PerfectFXTrade is extremely limited. The broker’s official website does not appear to have been crawled by major industry databases, and there are no user reviews or third-party analyses available.
This lack of transparency makes it difficult to assess the broker’s offerings, trading conditions, or platform reliability. In FXCanary's assessment, the scarcity of information itself serves as a cautionary sign, as reputable brokers typically have a measurable online presence.
Risk Assessment
PerfectFXTrade scores 49 out of 100 on FXCanary's Scam Risk Score, placing it in the 'Guarded' category. This score reflects the high risk associated with an unregulated broker with limited public information.
Traders should approach this entity with extreme caution. Without regulatory oversight, there is no guarantee of fair trading practices, segregated client accounts, or transparent pricing. The broker's short operating history (since 2022) further adds to the uncertainty.
Trading Products and Platforms
Due to the absence of verifiable information from the broker's official website, we cannot confirm the trading products or platforms offered by PerfectFXTrade. The name suggests a focus on forex trading, but whether it offers CFDs, commodities, indices, or cryptocurrencies remains unknown.
Similarly, details about account types, minimum deposits, spreads, and leverage are unavailable. Prospective traders should not deposit funds until the broker provides clear, verifiable information through its official channels.
Deposits and Withdrawals
No information is available regarding funding methods, withdrawal policies, or processing times. Unregulated brokers often impose restrictive terms on withdrawals, and the absence of published policies is a warning sign.
Traders should be wary of any requests for upfront payments or deposits without clear disclosure of withdrawal conditions. We advise contacting the broker directly for this information and verifying any claims independently.
Overview compiled by FXCanary from regulatory records and public data. full PerfectFXTrade review