About RSQTrade
Overview
RSQTrade is a brokerage entity registered in the United Kingdom, having been founded on 22 April 2021. The company lists its registered address as Nova North, Bressenden Place, London, SW1E 5BY. As of the time of this assessment, the broker's official website (rsqtrade.com) is no longer accessible, which significantly limits public information about its operations.
Based on known corporate records, RSQTrade presents itself as a multi-asset brokerage offering access to stocks, forex, commodities, indices, and cryptocurrencies. However, the lack of an active website means that potential traders cannot verify current offerings, trading conditions, or platform details. This opacity is a notable concern for any prospective client.
Regulation
A critical finding from our review is that RSQTrade holds no regulatory licences from any recognised financial authority. The UK registration does not equate to financial regulation; the company is simply incorporated under the Companies Act but is not authorised by the Financial Conduct Authority (FCA) or any other supervisory body.
Operating without regulatory oversight means that clients have no recourse to a compensation scheme or ombudsman in case of disputes. It also indicates that the broker is not required to adhere to strict standards on client fund segregation, leverage limits, or transparent reporting. For traders, this absence of regulation represents a fundamental risk factor.
Account Types
RSQTrade offers five tiered account types, each with a substantial minimum deposit requirement. The Basic account requires a $2,500 minimum deposit, while the Silver, Gold, and Platinum accounts demand $25,000, $50,000, and $100,000 respectively. These high entry barriers suggest the broker targets relatively affluent retail traders or small institutional clients.
Notably, the maximum leverage for each account type is not disclosed in the available records. This lack of transparency makes it difficult for traders to assess the risk profile of the broker's offerings. Account holders would need to contact the company directly for this information, which is challenging given the website is no longer operational.
Instruments
According to the company's description, RSQTrade provides trading access to a range of financial instruments including stocks, forex, commodities, indices, and cryptocurrencies. This multi-asset offering is typical of many brokers aiming to attract traders seeking diversified portfolios under one roof.
However, without a functional website or updated literature, it is impossible to verify the exact number of instruments, the underlying liquidity providers, or the trading platforms used (such as MetaTrader 4/5 or proprietary software). The lack of verifiable information on spreads, commissions, or swap rates further compounds the uncertainty for potential clients.
Company Details
RSQTrade is registered as a limited company in England and Wales, with a registration address at Nova North, Bressenden Place, London, SW1E 5BY. This address is a well-known serviced office complex used by many businesses, meaning it does not necessarily indicate a sizeable physical operation.
The company was incorporated on 22 April 2021, making it a relatively young entity in the brokerage industry. No information is available regarding its ownership structure, management team, or financial standing. The absence of such details, combined with the inactive website, gives the impression of a broker that is either dormant or has ceased active client onboarding.
Conclusion
In summary, RSQTrade is a UK-registered but unregulated broker with an inactive website and high minimum deposit requirements. The limited public information and lack of regulatory oversight create significant risks for any trader considering an account.
Potential clients should exercise extreme caution. Without a functional website, there is no way to confirm current services, execute a demo account, or access client support. The combination of high entry barriers and no regulatory protection makes RSQTrade a particularly high-risk choice for retail forex and CFD trading.
Overview compiled by FXCanary from regulatory records and public data. full RSQTrade review