About Peroxatrade
Overview
Peroxatrade is a trading company registered in the United Kingdom, with its official address at 11 Terrick Rd, Elilaw, NE65 9BN. According to registry records, the entity was established on 12 April 2023. However, FXCanary’s review found no evidence that Peroxatrade holds any regulatory licence from the Financial Conduct Authority (FCA) or any other major financial regulator.
This absence of regulation is a critical point for potential clients to consider, as it means the broker is not subject to the standard investor protection measures required of authorised firms. The company’s operations remain largely opaque, with limited publicly available information beyond the basic registration details.
Regulatory Status
Peroxatrade is not listed on any recognised financial regulator’s register of authorised firms. The known facts obtained by FXCanary confirm that no regulatory oversight is in place for this broker. This is a significant red flag for traders, as unregulated brokers offer no recourse in the event of disputes, account freezing, or fund loss.
Traders are strongly advised to independently verify the regulatory status of any broker before committing funds. In the case of Peroxatrade, the lack of a licence should prompt extreme caution, particularly given the high minimum deposit requirements.
Account Types and Requirements
Peroxatrade offers four distinct account tiers: BASIC, SILVER, PLATINUM, and GOLDEN. Each tier has a minimum deposit requirement that escalates significantly: BASIC requires $300, SILVER $2,000, PLATINUM $10,000, and GOLDEN $50,000. Notably, maximum leverage is not disclosed for any account type in the available records.
These high entry points suggest that Peroxatrade is targeting affluent or institutional clients rather than retail traders with small capital. However, without regulatory oversight and without transparency on leverage, these accounts carry substantial risk. The broker does not specify what benefits or features distinguish the higher-tier accounts, leaving clients to guess.
Instruments and Trading Platforms
The known facts for Peroxatrade do not include any information on the financial instruments offered or the trading platforms supported. This is a major gap in the broker’s profile, as traders typically need to know whether they can trade forex, CFDs, commodities, cryptocurrencies, or other assets.
Potential clients should request this information directly from Peroxatrade before opening an account. The lack of available data on instruments and platforms further underscores the limited transparency surrounding this broker.
Contact Information and Address
Peroxatrade’s registered address is 11 Terrick Rd, Elilaw, NE65 9BN, United Kingdom. The domain name of the official website is peroxatrade.net. No additional contact details, such as a phone number or email address, have been identified from registry records.
The limited contact information raises concerns about accessibility and client support. Traders may find it difficult to reach the company in case of issues, which is a common characteristic of high-risk brokers.
Target Audience
Given the high minimum deposits and the absence of regulatory protection, Peroxatrade appears to cater to experienced, high-net-worth individuals who are comfortable with significant risk. The broker’s account structure is not suitable for beginners or those with limited capital.
Traders who prioritise fund security, transparency, and regulatory oversight should steer clear of unregulated brokers like Peroxatrade. The company’s high entry barriers also mean that even experienced traders risk substantial losses without the safeguards afforded by authorised firms.
Key Facts Summary
Peroxatrade was founded in April 2023 and is registered in the United Kingdom. It operates without any known regulatory licence. The broker offers four account tiers with minimum deposits ranging from $300 to $50,000. No information on instruments, platforms, or leverage is publicly available from registry records.
Traders considering Peroxatrade should proceed with extreme caution, given the lack of regulation, limited transparency, and high financial commitment required to open an account.
Overview compiled by FXCanary from regulatory records and public data. full Peroxatrade review