About Target
Company Overview
Target is a financial services entity registered in the United Kingdom under the domain targettard.com, established on 24 August 2021. Independent public information about the broker is extremely limited, as no official website content or third-party reviews are available for verification.
In the absence of accessible marketing materials, the broker's stated products, platforms, and account types cannot be confirmed. The only known details are its name, registration date, and country of incorporation.
Regulatory Status
Our records indicate that Target holds no regulatory licence from any recognised financial authority. The absence of regulation is a significant red flag for traders, as it means the broker is not subject to oversight by bodies such as the UK Financial Conduct Authority (FCA) or equivalent agencies.
Without a regulator, client protections like negative balance protection, compensation schemes, and dispute resolution mechanisms are absent. This lack of oversight substantially increases the risk of fraud or malpractice.
Risk Assessment
FXCanary's Scam Risk Score for Target stands at 75 out of 100, categorised as 'Severe'. This high score reflects the combination of no regulation, limited transparency, and the broker's relatively recent establishment.
Traders should exercise extreme caution when considering any engagement with this entity. The severe risk rating indicates a high probability of financial loss or unprofessional conduct.
Conclusion
Target remains a highly opaque broker with virtually no publicly verifiable information. The absence of regulatory oversight and the severe scam risk score suggest that potential clients should avoid depositing funds with this firm.
For traders seeking a secure trading environment, we strongly recommend choosing fully regulated brokers with a transparent track record and established market presence.
Overview compiled by FXCanary from regulatory records and public data. full Target review