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.
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 entity | Authority / registry | Number | Jurisdiction | Tier | What it is | Source |
|---|---|---|---|---|---|---|
| Up Trend Ltd | FSC Bulgaria | RG-03-110 | Bulgaria | T2 | Financial licence | xtrade.comhttps://www.xtrade.com/en/licences-regulations |
| Xtrade International Ltd | FSC Belize | 4705379 | Belize | T3 | Financial licence | xtrade.comhttps://www.xtrade.com/en/licences-regulations |
| WizBrokers Limited | FSA Seychelles | SD203 | Seychelles | T3 | Financial licence | xtrade.comhttps://www.xtrade.com/en/licences-regulations |
| Peak Wealth PTY Ltd | FSCA | FSP44681 | South Africa | T2 | Financial licence | xtrade.comhttps://www.xtrade.com/en/licences-regulations |
| Blacsley Como Ltd | Offshore Finance Authority of Anjouan (Comoros) | L15808/BC | Anjouan, Union of Comoros | T3 | Financial licence | xtrade.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.
- 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).
- 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.
- 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.
- F04The FSA Seychelles securities-dealer register lists WizBrokers Limited, trade name Xtrade, registered at Azores Building, Ile du Port, Mahe.
- 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.
- Offshore Finance Authority of Anjouan (Comoros)Blacsley Como Ltd — Anjouan, Union of Comoroshttps://www.xtrade.com/en/licences-regulationsRETRIEVED 2026-09-15