Brokers  /  TRAY FX

TRAY FX

Severe riskForex / CFD broker
🇬🇧 United Kingdom · 5-10 years · since 2020-05-06 · Tray Foreign Exchange Limited
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.55/10
Trustpilot/5
Forex Peace Army/5
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No sign that TRAY FX actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
75
Severe risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Withdrawal complaints in ~100% of recent reviews
  • No verifiable website or social-media presence
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 complaints1812%
Offshore registration108%
Transparency (site/info/social)7810%

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 nameTray Foreign Exchange Limited
Headquarters🇬🇧 United Kingdom
Founded2020-05-06
Years operating5-10 years
Employees0
Official websitetray-fx.co
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
24 Lockwell RoadDagenhamEssexRM10 7REUNITED KINGDOM

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

TRAY FX is an unregulated retail forex broker registered in the UK with no regulatory licences. The absence of oversight and limited public information results in a severe scam risk score of 75/100. Traders should treat this broker as extremely high risk and consider alternative regulated brokers.

Best for
  • None – high risk, unregulated
Not for
  • Traders requiring regulatory protection
  • Beginners
  • Anyone seeking fund security
Period:
What users complain about
Where reviewers are from
Hong Kong1

Real user reviews

Where TRAY FX operates

Based on its licenses and complaint records.

🇭🇰 Hong Kong 1 complaint

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 TRAY FX

Overview

TRAY FX is an online trading brand registered in the United Kingdom, with an official website at tray-fx.co. The company was founded on 6 May 2020 and lists its registered address at 24 Lockwell Road, Dagenham, Essex, RM10 7RE, United Kingdom. Despite its UK registration, TRAY FX does not hold any known regulatory licences from the Financial Conduct Authority (FCA) or any other major financial regulator.

As a relatively new entity in the forex brokerage space, TRAY FX appears to target retail traders interested in currency and CFD markets. However, the absence of a regulatory framework raises significant questions about the safety of client funds and the transparency of its operations.

Regulation and Safety

Our records indicate that TRAY FX has no regulatory licences on file. The UK registration is a corporate filing (Companies House) rather than a financial services authorisation. This means the broker is not subject to the oversight of the FCA, which typically requires brokers to maintain strict capital adequacy, client segregation, and reporting standards.

Without regulatory oversight, there is no guarantee that client funds are protected or that the broker adheres to any conduct rules. The FXCanary Scam Risk Score for TRAY FX is 75 out of 100, indicating a severe risk. Traders should exercise extreme caution and consider that such a broker may operate with limited accountability.

Company Details

The company behind TRAY FX is registered at 24 Lockwell Road, a residential address in Dagenham, Essex. While corporate registration is a straightforward process in the UK and does not require financial supervision, the use of a residential address may suggest a small-scale operation.

There is no publicly available information on the company's directors, shareholders, or financial standing. The lack of transparency around the ownership and management adds another layer of risk for potential clients. In our assessment, this opacity is characteristic of many unregulated brokers.

Trading Conditions (Limited Information)

Because independent public information about TRAY FX is scarce—no user reviews, no detailed website content captured in our records—it is difficult to verify the trading conditions the broker claims to offer. Commonly, brokers of this type provide leveraged forex and CFD trading on platforms like MetaTrader 4 or 5, with varying spreads and leverage options.

However, without confirmed data on account types, minimum deposits, instruments, or execution models, traders cannot make an informed decision. We recommend that any trader considering TRAY FX requests full disclosure of terms and conditions and tests the broker with a very small deposit first, if at all.

Deposit and Withdrawal

No information is available regarding the funding methods supported by TRAY FX. Typical retail forex brokers offer bank wire transfers, credit/debit cards, and e-wallets, but this is unconfirmed for TRAY FX.

Given the lack of regulatory oversight, there is a heightened risk that withdrawal requests may be delayed or denied. Traders should be prepared for potential difficulties in accessing their funds. We advise checking the broker's website for any stated policies and reading them carefully, though even stated policies may not be enforceable without a regulator.

Who is TRAY FX For?

Given the severe risk profile, TRAY FX is not recommended for any category of trader. The absence of regulation combined with limited public information makes it an unsuitable choice for both beginners and experienced traders.

Traders who prioritise fund security, transparency, and the ability to seek redress through a regulatory body should avoid this broker. The only traders who might consider it are those willing to accept a very high level of risk, for instance, those speculating with a negligible amount of capital that they can afford to lose completely.

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