Trade.com
3 legal entities are on file for this firm, across 3 jurisdictions. The strongest supervision on file is Tier 2.
Caution means: The group holds a licence we could verify, but the record shows a caveat you have to read: an offshore entity in the same structure, a registration that is not a financial licence, or leverage well above tier-1 retail caps.
No live tier-1 licence on file. Supervision listed: FSC Mauritius, CySEC.
A group can hold a tier-1 licence and still onboard you through an offshore entity in the same structure. The licence protects clients of the entity that holds it — not every client of the brand. Check which company name appears on your own client agreement, then look that company up in the table below.
Entity-by-entity licence record
One row per legal entity in this firm's structure. Numbers are reproduced exactly as published; every row links to the source we read them from.
| Legal entity | Authority / registry | Number | Jurisdiction | Tier | What it is | Source |
|---|---|---|---|---|---|---|
| Lead Capital Global Ltd | FSC Mauritius | C119023948 | Mauritius | T3 | Financial licence | trade.comhttps://www.trade.com/en/global/regulation |
| Trade Capital Markets (TCM) Ltd | CySEC | 227/14 | Cyprus | T2 | Financial licence | cysec.gov.cyhttps://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/37648 |
| Trade Capital UK (TCUK) Ltd | FCA | 738538 | United Kingdom | T1no longer active | Financial licence | register.fca.org.ukhttps://register.fca.org.uk/s/firm?id=001b000003JgSdWAAV |
Scroll the register sideways — the entity column stays pinned.
Paste any number above into the named authority's own search. If a number a firm advertises does not return that firm on the authority's register, treat the claim as unverified.
What the record says
Statements of fact drawn from the entities above. Each one is checkable against a source URL in the licence table.
- F01The 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'.
- F02The CySEC register lists Trade Capital Markets (TCM) Ltd, licence 227/14 issued 17/02/2014, company registration 324232, 148 Strovolos Avenue, Nicosia.
- F03The 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'.
- F04Trade.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 at last check
Recorded openly rather than filled with a plausible guess. A blank on this register means we could not confirm it on 2026-09-15.
- not verifiedfounded year not verified (directories claim 1999)
- not verifiedminDeposit, maxLeverage, spreadEurusd, platforms, accountTypes and instruments not verified from primary pages
- not verifiedsegregatedFunds and negativeBalanceProtection not verified
- not verifiedLead Capital Global's own pages show conflicting registration numbers (C170738 vs C107110)
- not verifiedTCUK licence end date not stated on the register entry
- not verifiedwhether CySEC-licensed TCM still serves the trade.com brand is not verified from a primary page
Account conditions on file
As published by the firm. Blank fields were not confirmed.
| Incorporated | not verified |
|---|---|
| Registered office | Suite 403, 4th floor, The Catalyst Building, Ebene, Reduit, Mauritius |
| Minimum deposit | not verified |
| Leverage offered | not verified |
| Quoted EUR/USD spread | not verified |
| Trading systems | not verified |
| Account tiers | not verified |
Leverage above a tier-1 retail cap is normally only available through an offshore entity. If the figure above is far above 1:30, check which entity is offering it in the licence table.
Sources
Every URL below was read before this record was published.
- FSC MauritiusLead Capital Global Ltd — Mauritiushttps://www.trade.com/en/global/regulationRETRIEVED 2026-09-15
- CySECTrade Capital Markets (TCM) Ltd — Cyprushttps://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/37648RETRIEVED 2026-09-15
- FCATrade Capital UK (TCUK) Ltd — United Kingdomhttps://register.fca.org.uk/s/firm?id=001b000003JgSdWAAVRETRIEVED 2026-09-15