50Trade

Based on its risk profile, 50Trade exhibits significant safety concerns. According to WikiFX data, it holds an extremely low overall score of 1.55 and operates without any recognized financial regulation. It is also categorized with a suspicious business scope. The lack of credible regulatory oversight is a fundamental red flag for trader security and fund safety.

50Trade is not regulated. The broker holds no valid forex trading licenses from major financial authorities. It is registered in Sweden but operates without oversight from regulators such as the FCA, ASIC, or CySEC, which is a critical factor for investor protection.

The minimum deposit required by 50Trade varies by account type. According to available information, the lowest entry point is $500 for a 'Mini' account. Higher-tier accounts, such as 'Silver', 'Normal', 'Golden', 'Platinum', and 'VIP', require minimum deposits of $1,000, $5,000, $25,000, $50,000, and $100,000, respectively.

WikiFX assessment indicates a software index score of 4.0 for 50Trade. This score suggests the broker provides some level of trading platform functionality. However, the specific platforms supported, such as MetaTrader 4 or MetaTrader 5, are not explicitly detailed in its public profile.