About Pridetradehub
Who is Pridetradehub?
Pridetradehub is the trading name of Pridetradehub (SC) Ltd, a company registered in Seychelles on 11 June 2024. Its registered office is at 9A CT House, 2nd floor, Providence, Mahe, Seychelles. The broker operates the website pridetradehub.com.
According to our records, the company is relatively new, having been established in mid-2024. It maintains a presence on several social media platforms, including Facebook, Instagram, Twitter/X and YouTube. No clone or impersonator sites have been identified in our checks.
Regulatory status
Pridetradehub reports three licences on file: an FSCA Forex Trading License (EP) with licence number 51024 in South Africa, an FSA Derivatives Trading License (EP) with licence number SD025 in Seychelles, and an FSC Market Making (MM) licence with number SIBA/L/20/1133 in the British Virgin Islands. The status of each licence is listed as '—' in our records, meaning we have not verified their current standing.
It is important to note that these are offshore and emerging-market regulators, and the Seychelles registration in particular is often associated with lighter oversight. The licence numbers are quoted verbatim from our records; we have not independently confirmed them against the public registers.
What does the broker offer?
Based on the licences held, Pridetradehub appears to offer retail forex and derivatives trading, including market making services. The exact product range, trading platforms, account types and funding methods are not disclosed in our records.
Independent public information about the broker is limited. Industry databases show little to no traffic data for the website, and we found no verified user reviews. This lack of verifiable information is itself a cautionary sign for potential traders.
Who is it aimed at?
Given the regulatory licences and the nature of the business, Pridetradehub appears to target retail forex and CFD traders, particularly those in regions where offshore brokers are common. The social media presence suggests an effort to reach a broad audience.
However, with no confirmed operational details or user feedback, it is difficult to assess the broker's suitability for any particular type of trader. Prospective clients should exercise caution and conduct thorough due diligence before engaging.
Risk considerations
Our records flag Pridetradehub as registered in Seychelles, an offshore jurisdiction with light oversight. The broker's FXCanary Scam Risk Score is 46 out of 100, which we classify as 'Guarded'. This indicates a moderate level of risk.
The absence of verified licences, employee count of zero, and lack of independent reviews further contribute to the risk profile. Traders should be aware that the regulatory protections available may be limited compared to brokers regulated in major financial centres.
Overview compiled by FXCanary from regulatory records and public data. full Pridetradehub review