Score

1.52 /10
Danger

FlexTrade

United States

5-10 years

Suspicious Regulatory License

High potential risk

B

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Comparison

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Exposure

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Score

Regulatory Index0.00

Business Index7.07

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

FlexTrade · Company summary

Note: The details presented in this review are subject to potential modifications due to the ongoing updates to the company's offerings and policy adjustments. Additionally, the relevance of this review's information may be influenced by the original publication date, as service details and policies may have evolved since that time. Hence, it's crucial for readers to seek out the most current information directly from the company prior to making any decisions or initiating actions based on this review. The responsibility for utilizing the information provided herein lies entirely with the individual reader.

Should there be any discrepancies between visual and written materials in this review, the written information takes precedence. Nonetheless, for a more comprehensive understanding and updated details, accessing the company's official website is highly recommended.

FlexTrade Review Summary
Company Name FlexTrade Systems, Inc.
Registered Country/Region United States
Regulation No Regulation
Services Solutions Trading, Sovereign Wealth Funds, Pension Funds, etc.
Market Instruments Options, Forex, Futures, etc.
Demo Account Yes
Leverage Not mentioned
Spread Not mentioned
Trading Platform FlexTRADER EMS, FlexONE OEMS, FlexOMS, ColorPalette OMS
Minimum Deposit Not mentioned
Customer Support Email: sales@flextrade.com, Tel: +1 516 627 8993
Company Address 111 Great Neck Road, Suite 314, Great Neck, New York

What is FlexTrade?

FlexTrade Systems, Inc., based in the United States, is a financial company whose business ranges from solutions trading to pension funds. It currently has no regulations.

FlexTrade's homepage

Pros & Cons

Pros Cons
  • Allow Demos
  • No Regulations
  • Various Trading Platforms Provided
  • Cross-Continents Branch Offices

Pros:

  • Allows Demos: FlexTrade provides demo accounts, so users can try it out and get accustomed to the software before engaging in actual trading activities.

  • Various Trading Platforms Provided: The company offers a variety of trading platforms, such as FlexTRADER EMS and FlexONE OEMS. Traders can have multiple choices.

  • Cross-Continents Branch Offices: With branch offices located across various continents including the Americas, EMEA, and APAC, presenting higher accessibility and its business scale.

Cons:

  • No Regulations: FlexTrade is not currently regulated by any external authority. This absence of regulatory oversight will concern users about its standard of oversight and protection offered.

Is FlexTrade Legit or a Scam?

  • Regulatory Sight: FlexTrade is currently functioning without any regulation, meaning it does not fall under the supervision of any financial regulatory bodies and does not possess any licenses to operate in the financial market. The absence of any such oversight raises concerns about the firms adherence to financial standards and regulations, increasing the risk for investors.

No license
  • User Feedback: Users should check the reviews and feedback from other clients to gain a more comprehensive sight of the broker, or look for reviews on reputable websites and forums.

  • Security Measures: So far we haven't found any information about the security measures for this broker.

Market Instruments

FlexTrade offers a certain range of market instruments. These include:

  • Options: FlexTrade provides robust tools for options trading, offering advanced analytics and risk management features.

  • Forex: FlexTrade's platforms are equipped for high-volume forex trading, featuring capabilities for liquidity aggregation, algorithmic trading, and real-time analysis.

  • Futures: You can access global futures markets using FlexTrades systems, which support direct market access and high-speed execution.

Services

  1. Buy-Side Solutions

FlexTrade offers broker-neutral, multi-asset trading solutions designed to provide asset managers, hedge funds, and institutional investors like sovereign wealth and pension funds with full control over their trading cycles. These solutions include:

  • Asset Managers: Tools that help manage large portfolios with advanced order and risk management capabilities, ensuring efficient market execution.

  • Hedge Funds: Customizable trading technologies that support sophisticated strategies and rapid execution to capitalize on market opportunities.

  • Sovereign Wealth / Pension Funds: Robust platforms designed for managing massive investments with a focus on long-term sustainability and compliance.

  1. Sell-Side Solutions

FlexTrades sell-side services offer a certain range of options that empower financial institutions with control over their trading activities:

  • High-Touch Trading / Market Making: Solutions that assist with manual or semi-automated trading environments where decision-making on a trade-by-trade basis is crucial.

  • Low-Touch Trading: Highly automated systems designed for efficiency in handling large volumes of trades with minimal manual intervention.

  • Program Trading: Advanced algorithms and tools for executing large orders to minimize market impact and optimize trading performance.

  • Derivatives: Specialized trading systems that handle the complexity of derivative instruments with tools for pricing, risk management, and compliance.

  • Outsourced Trading: Services that provide smaller firms or those looking to reduce overhead costs with the ability to outsource their trading operations.

  • Retail Trading: Platforms that cater to retail brokers and traders, providing user-friendly interfaces, reliable execution, and access to multiple markets.

Services

Trading Platforms

  1. FlexTRADER EMS (Execution Management System): FlexTRADER EMS is the flagship product of FlexTrade, recognized globally as an innovator in trading technology.

  2. FlexONE OEMS (Order Execution Management System): FlexONE OEMS is acclaimed for its seamless integration and tailored workflows that enhance buy-side trading operations.

  3. FlexOMS (Order Management Solution): Designed for Sell-Side traders who need robust multi-asset trading tools. FlexOMS offers market-leading performance and is geared towards redefining trading efficiency for the sell-side market.

  4. ColorPalette OMS (Order Management System): ColorPalette OMS is a premier, fully-hosted Sell-Side order management system specifically crafted for traders in worldwide equities.

    1. Trading Platforms

Customer Support

Customers can contact FlexTrade for sales inquiries and support via email at sales@flextrade.com. For more immediate assistance or to discuss specific needs, customers can call FlexTrade at +1 516 627 8993.

Besides, FlexTrade has multiple branches across the Americas, EMEA, and APAC regions, so customers can pay a visit to its physical offices for face-to-face interactions. Those interested in visiting can find the nearest branch by visiting the page on FlexTrades official website: https://flextrade.com/contact/. One of its offices in America is at 111 Great Neck Road, Suite 314, Great Neck, New York.

Contact info

Conclusion

As a financial company, FlexTrade allows demos and supports various trading platforms. It has cross-continents branch offices. However, it is currently not regulated.

Frequently Asked Questions (FAQs)

Question: Does FlexTrade allow demos?

Answer: Yes

Question: Does FlexTrade support MT4/5?

Answer: No, it supports neither but other trading platforms.

Question: Is FlexTrade regulated?

Answer: No, it is not regulated.

Question: Is my money safe with FlexTrade?

Answer: No, not quite. FlexTrade is not a regulated broker and it does not apply extra security protocols either.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

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