Brokers  /  SPEEDTRADER

SPEEDTRADER

Moderate riskStockbroker
🇺🇸 United States · 5-10 years · since 2019-05-17 · SpeedTrader, Inc.
This is a stockbroker, not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.64/10
Trustpilot0/5
Forex Peace Army/5
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SPEEDTRADER operates in your country (United States) — but holds no local license. You’d likely be onboarded under an offshore entity, which means weaker fund protection. Confirm which entity before depositing.
41
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration108%
Transparency (site/info/social)010%
Real-user sentiment908%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameSpeedTrader, Inc.
Headquarters🇺🇸 United States
Founded2019-05-17
Years operating5-10 years
Employees0
Official websitespeedtrader.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments
Registered address
2875 Route 35, Suite 5C-2, Katonah, NY 10536

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

Across 3 recent Trustpilot reviews, 0% are 1–2 star. Sentiment is strongly negative; multiple users describe losing access to their money. Treat with extreme caution.

0
Period:
What users praise
Where reviewers are from
Italy1
Australia1
South Africa1

Real user reviews

Where SPEEDTRADER operates

Active across 14 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇺🇸 United States
🇱🇰 Sri Lanka
🇨🇳 China
🇮🇩 Indonesia
🇺🇾 Uruguay
🇵🇹 Portugal
🇮🇳 India
🇺🇬 Uganda
🇯🇵 Japan
🇨🇦 Canada
🇰🇪 Kenya
🇪🇸 Spain
🇧🇷 Brazil
🇵🇰 Pakistan

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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About SPEEDTRADER

SPEEDTRADER is a forex and CFD broker based in United States, with records dating to 2019-05-17. Critically, we could not verify any active forex-trading license for this broker.

FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.

On Trustpilot, SPEEDTRADER holds a real-user score of 0.0/5.

Overview compiled by FXCanary from regulatory records and public data. full SPEEDTRADER review