LooksRare

Based on available information, LooksRare Ltd exhibits a high-risk profile and presents significant safety concerns. The broker holds no valid regulatory licenses, placing client funds and activities outside the protective oversight of major authorities like the UK's Financial Conduct Authority (FCA). This is reflected in its exceptionally low WikiFX Score of 1.46 out of 10, which indicates a severe deficiency in operational credibility and reliability.

No, LooksRare is not regulated. According to WikiFX data, it holds no valid licenses from recognized financial authorities such as the UK's Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), or the Cyprus Securities and Exchange Commission (CySEC). It is registered in the United Kingdom but operates without the legal authorization required for legitimate forex and CFD brokerage services.

Specific minimum deposit requirements for LooksRare are not currently disclosed on its platform. The broker's official website and related documentation do not provide transparent information on account funding thresholds. This lack of clear, upfront pricing is a notable omission compared to the standard practices of transparent, regulated brokers, who typically publish this key metric for client awareness.

There is no publicly available information confirming that LooksRare supports the industry-standard MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms. The trading software and interface used by the broker are not explicitly detailed. This ambiguity contrasts with established brokers who clearly advertise their platform offerings, which is a critical consideration for traders when evaluating a broker's technological infrastructure.