About perfecttrade.site
Company Overview
PerfectTrade is a company registered in the United Kingdom, listed at 8 Victoria Mews, London E8 1GP, and was founded on March 15, 2022. According to our records, the company operates without any financial regulatory licenses, placing it outside the oversight of recognized authorities such as the Financial Conduct Authority (FCA) or similar bodies.
The company’s website, perfecttrade.site, is currently inactive and has been repurposed as a Russian marketplace. This development raises questions about the firm’s operational status and commitment to its originally stated activities.
Regulatory Status
Our records indicate that PerfectTrade holds no regulatory licenses from any jurisdiction. The absence of regulation means that clients would not benefit from protections such as negative balance protection, compensation schemes, or independent dispute resolution mechanisms.
For traders, this lack of oversight significantly increases the risk of issues such as fund misappropriation, unfair trading conditions, or sudden closure of the platform. Regulated brokers offer at least a baseline of client safeguards that unregulated entities like PerfectTrade cannot provide.
Website and Online Presence
The official domain perfecttrade.site no longer hosts a trading platform or company information. Instead, it redirects to a Russian marketplace, which is unrelated to forex or CFD trading. This suggests that the broker may have ceased operations or pivoted entirely away from financial services.
Potential clients researching PerfectTrade online would find no functional website, no client portal, and no contact information specific to trading services. This lack of a legitimate web presence is a major red flag for any financial firm.
Risk Considerations
Given the unregulated status and inactive website, PerfectTrade presents significant risks for anyone considering engagement. Without a verifiable trading platform, transparent fee structure, or customer support, it is impossible to assess the company’s reliability or financial stability.
FXCanary’s Scam Risk Score of 46/100 (Guarded) reflects these concerns. Traders are strongly advised to avoid entities that cannot provide a clear, regulated, and functional trading environment.
Overview compiled by FXCanary from regulatory records and public data. full perfecttrade.site review