About TouchTrades
Overview
TouchTrades is a trading name registered in the United Kingdom, having been incorporated on 4 April 2019. The company’s official website is touchtrades.com. In the absence of a substantial public footprint, very little is known about the broker’s operations or the services it offers.
Our review is based solely on corporate registry data, as no independent user feedback or detailed marketing materials were available at the time of writing. This unusual opacity is a significant factor in our assessment.
Company Background and Registration
According to the UK Companies House, TouchTrades was incorporated as a private limited company on 4 April 2019. The company is registered under the laws of England and Wales, though its precise business activities are not clearly stated in the registry.
The company’s registered address and director details are a matter of public record, but these provide limited insight into the firm’s trading operations. Without a verifiable history or client testimony, the broker appears to be a relatively new and untested entity.
Regulatory Status
The most critical finding of our investigation is that TouchTrades does not hold any form of financial regulation from a recognised authority. The UK registry lists no authorisation from the Financial Conduct Authority (FCA) or any other major regulator.
Traders should be aware that operating without regulation means the broker is not subject to standard investor protections, such as client fund segregation, compensation schemes, or oversight of business conduct. This creates a significantly higher risk environment for any potential clients.
Product and Service Offering
There is no publicly available information regarding the trading products, account types, platforms, or instruments offered by TouchTrades. The broker’s website does not appear to provide clear details, and no promotional materials are accessible.
This lack of transparency makes it impossible to evaluate the broker’s suitability for any specific trading style or asset class. Potential clients should exercise extreme caution if they encounter any claims about spreads, leverage, or trading conditions.
Client Money Safety
Given the absence of regulation, there is no assurance that client funds are held in segregated accounts or protected by any compensation scheme. In the event of a dispute or insolvency, traders may have limited recourse.
The broker’s risk score of 45/100, categorised as 'Guarded' by our internal assessment, reflects these significant safety and transparency concerns.
Conclusion
TouchTrades presents a very high-risk proposition for traders due to its unregulated status, recent incorporation, and lack of verifiable track record. The scarcity of public information is itself a red flag.
In our view, this broker is not suitable for conservative or risk-averse traders. Even experienced traders should only consider engaging after thorough due diligence and confirmation of any regulatory claims, which we have not been able to verify.
Overview compiled by FXCanary from regulatory records and public data. full TouchTrades review