Trade Union

Trade Union is a forex broker registered in the Commonwealth of Dominica under the address 8 Copthall, Roseau Valley. The entity was established on May 24, 2022, and operates under the domain trade-union.pro. However, as of the time of this review, the official website appears to be inactive or suspended, leaving limited public information about the broker.

Trade Union is not regulated by any known financial authority. The absence of a license from a major regulatory body such as the FCA, CySEC, or ASIC is a significant red flag for traders seeking a secure trading environment. The broker’s registration in Dominica, a jurisdiction known for minimal oversight, further emphasises the lack of regulatory protection.

Based on available records, Trade Union holds no regulatory licences. The broker is registered in the Commonwealth of Dominica, but this does not imply any form of financial supervision. Dominica is not a recognised financial hub for forex regulation, and many unregulated brokers choose this jurisdiction to avoid oversight.

Without a credible regulator, traders have no recourse in the event of disputes, fund misappropriation, or broker misconduct. FXCanary has assigned Trade Union a Scam Risk Score of 52 out of 100, indicating an elevated risk level. This score reflects the lack of regulation and the limited transparency surrounding the broker’s operations.

Due to the unavailability of the broker’s official website, no specific trading conditions can be verified. Typical unregulated brokers may offer account types such as standard, mini, or ECN accounts, but without access to the site, this cannot be confirmed. Spreads, leverage, and commissions remain unknown.

In general, brokers operating without regulation may offer very high leverage (e.g., 1:500 or more) and low minimum deposits to attract clients. However, these benefits are often offset by risks such as slippage, requotes, and difficulty in withdrawing funds. Traders should exercise extreme caution when considering such brokers.

No official information is available regarding account types or trading platforms offered by Trade Union. Common platforms among unregulated brokers include MetaTrader 4 (MT4) and MetaTrader 5 (MT5), but this cannot be confirmed for this broker.

Similarly, the range of tradable instruments—such as forex pairs, commodities, indices, or cryptocurrencies—is unknown. Without a functioning website, potential clients cannot assess the broker’s offering or technology.

Deposit and withdrawal methods are not disclosed for Trade Union. Unregulated brokers often accept a variety of payment options including credit/debit cards, bank wire transfers, and cryptocurrencies. However, these channels may not guarantee the security of client funds.

Withdrawal policies are a common area of concern for unregulated brokers, with clients frequently reporting delays or refusals. Since Trade Union has no regulatory oversight, there is no assurance that withdrawal requests will be processed in a timely or fair manner.

Customer support details for Trade Union are not available. The broker’s website is suspended, and no alternative contact information such as phone numbers or email addresses has been publicly listed. This lack of communication channels is a serious drawback for traders who may require assistance.

In the event of technical issues or account queries, clients would have no reliable way to reach the broker. This further undermines confidence in the entity’s legitimacy.

Trade Union presents a high-risk proposition due to its unregulated status and lack of verifiable information. The broker’s registration in Dominica and absence of a trading website suggest that it may not be a fully operational or legitimate entity. Traders are strongly advised to avoid depositing funds with this broker.

For those seeking a secure trading environment, choosing a regulated broker with a proven track record is essential. FXCanary recommends verifying any broker’s licence through official regulatory databases before committing capital.