Secured247Trades

Secured247Trades A/S is a company registered in Denmark, with a founding date of 29 April 2022. Its registered address is at Philip Heymans Alle 15, 3900 Hellerup, Denmark. The firm operates under the official domain secured247onlinetrades.com, though our records indicate that no verifiable website or social-media presence could be confirmed at the time of review.

Despite its Danish registration, the company holds a licence from the Cyprus Securities and Exchange Commission (CySEC) under the category of Forex Execution License (STP). The licence number on file is 216/13, and it is issued in Cyprus. This cross-border regulatory arrangement is notable, as the firm is registered in Denmark but regulated in Cyprus.

According to our records, Secured247Trades A/S holds one licence from CySEC, specifically a Forex Execution License (STP) with licence number 216/13. The status of this licence is not specified in our records, and we have not been able to verify its current validity against the public register. This is a significant point for potential clients, as the licence status directly affects the level of regulatory protection available.

We cross-checked the licence details against the public register, but the information available to us is limited. The firm's registered address in Denmark, combined with a Cypriot licence, may indicate a cross-border operation, but without further verification, the regulatory standing remains uncertain. Traders should exercise caution and independently verify the licence status before engaging with the firm.

Based on the known facts, Secured247Trades A/S is described as holding a Forex Execution License (STP), which suggests that it may offer forex trading services, likely on a straight-through-processing (STP) basis. However, we have no verifiable information about the specific products, platforms, or account types the firm offers. The absence of a confirmed website or marketing materials means that we cannot detail the trading instruments, leverage, spreads, or minimum deposit requirements.

Given the lack of public information, we cannot confirm whether the firm offers retail leveraged forex/CFD trading, or whether it operates in a different capacity. The STP licence type typically applies to brokers that route client orders directly to liquidity providers, but without official documentation, this remains speculative. We advise traders to seek direct clarification from the firm and to review any contractual documents carefully.

Secured247Trades A/S was founded on 29 April 2022, making it a relatively new entity in the financial services space. The company is registered in Denmark, with its registered office at Philip Heymans Alle 15, 3900 Hellerup. The name 'Secured247Trades' suggests a focus on trading services, but the lack of a verifiable online presence is a concern for a firm that would typically rely on digital channels to attract clients.

Our records indicate that the company has zero employees on file. This is an unusual data point, as even small brokerage firms typically list at least a few staff members. It could indicate that the company is a shell entity, or that the employee data is simply not updated in our records. Either way, the absence of a visible operational footprint adds to the overall uncertainty surrounding this broker.

FXCanary's Scam Risk Score for Secured247Trades A/S is 46 out of 100, which falls into the 'Guarded' category. The primary risk flag is the lack of a verifiable website or social-media presence. This is a significant red flag, as legitimate brokers typically maintain a transparent online presence to build trust and provide information to potential clients.

The absence of independent user reviews further complicates the assessment. Without feedback from real traders, it is difficult to gauge the firm's reliability, execution quality, or customer service. We recommend that traders approach this broker with caution and conduct thorough due diligence before committing any funds. The combination of a new company, limited public information, and a cross-border regulatory setup warrants careful consideration.

In summary, Secured247Trades A/S is a Danish-registered company with a CySEC licence, but it lacks a verifiable online presence and has no independent reviews. The regulatory licence, if valid, would provide a degree of oversight, but the lack of transparency is concerning. We advise traders to verify the licence status directly with CySEC and to seek additional information from the firm before making any decisions.

As with any broker, we recommend starting with a small deposit to test the platform and customer support, and to be wary of any pressure to deposit larger sums. The 'Guarded' risk score reflects the uncertainties, and we will update our assessment if more information becomes available. For now, caution is the watchword.