Review summary
Extrede LLC, operating under the name EXTREDE, is a retail forex broker registered in the United Kingdom that has been active for 1-2 years. The entity holds no valid, authoritative forex trading licenses from recognized regulators such as the UK's Financial Conduct Authority (FCA), placing it in an unregulated category. According to WikiFX data, this broker maintains an extremely low overall assessment score of 1.13. It offers a tiered account structure with minimum deposits ranging from $200 for its 'Starter FX' account up to $20,000 for its 'VIP FX' account, with maximum leverage advertised at 1:400 across all tiers. All listed accounts feature spreads starting from 2 pips, support automated trading (EA), allow position locking, but prohibit scalping. The business scope is noted as 'Suspicious Scope of Business'. Without regulatory oversight, client funds lack the statutory protections and dispute resolution mechanisms mandated for regulated UK financial firms. Investors should be aware that engaging with an unregulated entity involves significant risks regarding fund safety and operational transparency. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-02)
