Review summary
Silver trade is a Hong Kong-based broker with an operational history of 2 to 5 years. According to WikiFX assessment, it holds a total score of 1.38 out of 10, reflecting significant concerns. The broker is currently unregulated, meaning it holds no valid forex trading licenses from any authoritative financial oversight body. This lack of regulatory oversight introduces considerable uncertainty regarding the safety of client funds and operational transparency. The broker offers three account types—Platinum, Gold, and Silver—with minimum deposits ranging from $250 to $1,000, and the Platinum account provides a maximum leverage of 1:100. The accounts support scalping, hedging, and the use of Expert Advisors (EAs). However, in the absence of a recognized regulatory framework, traders should exercise caution and conduct thorough due diligence before engaging with this entity. 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: 2026-07-15)
