CANNON TRADING

Cannon Trading's operational profile presents substantial concerns. The broker holds a very low WikiFX Score of 1.58, primarily due to its regulatory status. It lacks a valid, active forex trading license, meaning retail forex trading activities are not conducted under direct, client-protective regulatory oversight. While it holds an NFA Order Transmission License, that license is listed as 'Unverified'. Traders should be aware that engaging with this entity carries a high degree of risk.

Cannon Trading is not regulated for forex brokerage activities. The company holds an Order Transmission License (RTO) with the National Futures Association (NFA ID: 0216708) in the United States. This license pertains to futures commission merchant activities and is currently listed as 'Unverified'. It does not authorize the firm to act as a retail forex broker. Therefore, its forex and CFD services operate without the specific regulatory framework designed to protect traders.

Specific minimum deposit requirements for Cannon Trading are not publicly disclosed. The lack of clear information on this key account parameter is an indicator of low transparency, which is often associated with entities that have weak regulatory oversight.

Cannon Trading does not support the MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms. Its software index is scored at 4.0, suggesting it offers a proprietary or less common trading interface. The absence of these industry-standard platforms limits access to automated trading tools, advanced charting, and a vast library of custom indicators and expert advisors.