Trade.com
On the desk for one reason: licence no longer active on file. 3 register lines are on this file, spread across 3 legal entities in 3 jurisdictions, none of them with a top-tier regulator.
On the wire
3 items · 0 noticesRegister lines are confirmed; several commercial figures remain unread and are left blank.
- 01register entry
FSC Mauritius entry C119023948 for Lead Capital Global Ltd
Source: trade.com
- 02register entry
CySEC entry 227/14 for Trade Capital Markets (TCM) Ltd
Source: cysec.gov.cy
- 03register entry
FCA entry 738538 for Trade Capital UK (TCUK) Ltd — no longer active
Source: register.fca.org.uk
Entity by entity
3 lines| Regulator | Jurisdiction | Entity as registered | Number | Tier | Source |
|---|---|---|---|---|---|
| FSC Mauritius | Mauritius | Lead Capital Global Ltd | C119023948 | T3 | trade.com |
| CySEC | Cyprus | Trade Capital Markets (TCM) Ltd | 227/14 | T2 | cysec.gov.cy |
| FCA | United Kingdom | Trade Capital UK (TCUK) Ltd | 738538 | T1no longer active | register.fca.org.uk |
Tier is the desk's shorthand for the supervising regime, not a quality score: T1 a top-tier statutory regulator, T2 a mid-tier one, T3 an offshore registration.
Commercial detail on the record
| Minimum to open | not verified |
|---|---|
| EUR/USD spread as published | not verified |
| Leverage as advertised | not verified |
| Platforms | not verified |
| Account books | not verified |
What the record says
The current trade.com site states it is a trade name of Lead Capital Global Ltd, 'authorized and regulated by the Financial Services Commission of Mauritius (license number C119023948)', and that the company 'does not fall within the European financial regulatory framework'.
The CySEC register lists Trade Capital Markets (TCM) Ltd, licence 227/14 issued 17/02/2014, company registration 324232, 148 Strovolos Avenue, Nicosia.
The FCA register entry for Trade Capital UK (TCUK) Ltd (FRN 738538) states the firm 'has applied to cancel its authorisation but must still meet our standards in dealing with its obligations'.
Trade.com's own regulation page displays two different Mauritius registration numbers for Lead Capital Global Ltd (C170738 in one block, C107110 in another).
Not verified
6 fieldsThe desk left these blank rather than fill them from secondary sources. They stay on the file as open questions and will be filled the day a primary source carries them.
- founded year not verified (directories claim 1999)
- minDeposit, maxLeverage, spreadEurusd, platforms, accountTypes and instruments not verified from primary pages
- segregatedFunds and negativeBalanceProtection not verified
- Lead Capital Global's own pages show conflicting registration numbers (C170738 vs C107110)
- TCUK licence end date not stated on the register entry
- whether CySEC-licensed TCM still serves the trade.com brand is not verified from a primary page
Other open files
The whole deskThis file reports what regulators and the firm have published. It is not a review, not a rating and not advice to open or close an account anywhere.