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341 firms on file · 202 identified entity records 73 carry a published regulator notice

Caution

RECORD BW-4131NO TIER-1 ENTITY ON FILE

Xtrade

5 legal entities are on file for this firm, across 5 jurisdictions. The strongest supervision on file is Tier 2.

Caution — watch list means: Every entity we could locate for this firm sits offshore or is a company registration rather than a financial licence. No regulator has published anything about the firm; this is the register flagging the absence of tier-1 supervision, not an allegation.

LAST CHECKED
2026-09-15
ENTITIES
5
JURISDICTIONS
5
BEST TIER
T2
CONFIDENCE
HIGH
REGISTER SYNC
2026-11-05

Jurisdiction gap — read this before you deposit

No live tier-1 licence on file. Supervision listed: FSC Bulgaria, FSC Belize, FSA Seychelles, FSCA, Offshore Finance Authority of Anjouan.

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 entityAuthority / registryNumberJurisdictionTierWhat it isSource
Up Trend LtdFSC BulgariaRG-03-110BulgariaT2Financial licencextrade.comhttps://www.xtrade.com/en/licences-regulations
Xtrade International LtdFSC Belize4705379BelizeT3Financial licencextrade.comhttps://www.xtrade.com/en/licences-regulations
WizBrokers LimitedFSA SeychellesSD203SeychellesT3Financial licencextrade.comhttps://www.xtrade.com/en/licences-regulations
Peak Wealth PTY LtdFSCAFSP44681South AfricaT2Financial licencextrade.comhttps://www.xtrade.com/en/licences-regulations
Blacsley Como LtdOffshore Finance Authority of Anjouan (Comoros)L15808/BCAnjouan, Union of ComorosT3Financial licencextrade.comhttps://www.xtrade.com/en/licences-regulations

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.

  1. F01ASIC cancelled the AFS licence of XTradeau Pty Limited (media release 24-122mr, 2024) after an investigation found vulnerable clients were encouraged to trade CFDs they could not afford; an AAT stay application filed 29 April 2024 was refused. Source: ASIC media release 24-122mr (asic.gov.au/aboutasic/media-centre/media-releases).
  2. F02xtrade.com's own licences page names Up Trend Ltd (UIC 121527003, Sofia) as licensed by Bulgaria's Financial Supervision Commission under licence RG-03-110, operating as an EU investment intermediary under MiFID II.
  3. F03The same page states the Seychelles entity WizBrokers Limited (company registration 8436587-1, FSA licence SD203) does not offer services to residents of the USA, Canada, Iran, North Korea, Europe and the UK.
  4. F04The FSA Seychelles securities-dealer register lists WizBrokers Limited, trade name Xtrade, registered at Azores Building, Ile du Port, Mahe.
  5. F05Loss-rate warnings on xtrade.com state 83.5%-85.5% of retail investor CFD accounts lose money depending on the regional entity.

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: founding year not verified from a primary source
  • not verifiedminDeposit: not verified from an account-spec page (footer '$0.00 register' treated as marketing)
  • not verifiedmaxLeverage: not verified from a legal/account page
  • not verifiedspreadEurusd: not verified
  • not verifiedaccountTypes: not verified from a spec page
  • not verifiedsegregatedFunds / negativeBalanceProtection: client agreement PDFs not extracted
  • not verifiedpubliclyListed: no listing status verified
  • not verifiedhq: brand-wide HQ not established; Sofia address is the EU entity's registered office

Account conditions on file

As published by the firm. Blank fields were not confirmed.

Incorporated
not verified
Registered office
Sofia, Bulgaria (EU entity Up Trend Ltd, UIC 121527003; group footer also lists a Cape Town office)
Minimum deposit
not verified
Leverage offered
not verified
Quoted EUR/USD spread
not verified
Trading systems
Web platform · TradingView integration
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.

PublisherDocumentRETRIEVED
Offshore Finance Authority of Anjouan (Comoros)Blacsley Como Ltd — Anjouan, Union of Comoroshttps://www.xtrade.com/en/licences-regulations2026-09-15

Register office

Checked by
Priya Nair · Register office · Regulation & Safety Lead

Every entity row on this record was checked against the authority's own database or the firm's own published legal page. Where no number was published, the field is left as “not verified” rather than filled.