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Score

5.27 /10
Average

ParadTrade

Comoros

2-5 years

Regulated in Comoros

Retail Forex License

Suspicious Scope of Business

Medium potential risk

Offshore Regulated

https://paradtrade.com/en

Influence

D

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Comparison

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Score

Regulatory Index4.62

Business Index6.83

Risk Management Index8.22

Software Index4.16

License Index4.62

Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Paradice trade LTD

Company Abbreviation

ParadTrade

Platform registered country and region

Comoros

Company website

X

Facebook

YouTube

Company summary

Pyramid scheme complaint

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WikiFX Risk Alerts 2
Previous Detection : 2025-09-14
  • The Comoros MISA regulation with license number: BFX2024133 is an offshore 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

ParadTrade · Company summary
ParadTrade Review Summary
Founded2021
Registered Country/RegionComoros
RegulationNo regulation
Market InstrumentsForex, Stocks, Cryptocurrencies, Commodities, Indices
Demo Account✅
LeverageUp to 1:1000
Spreadfrom 0.0 pips
Trading PlatformParadTrade Web Trader, ParadTrade Mobile
Minimum Deposit$5
Customer SupportTel: +442081575550
Email: support@paradtrade.com
Social Media: Facebook, X, Telegram, YouTube
Address: Bonovo Road, Fomboni, Comoros Union
Regional RestrictionAfghanistan, Albania, Barbados, Belarus, Democratic Republic of Congo, Ecuador, Gaza Strip, Georgia, Iran, Iraq, Liberia, Pakistan, Russia, Saudi Arabia, Sudan, South Sudan, Uganda, Ukraine, United States, Syria, West Bank (Palestinian Territory), Canada, Curaçao, Sint Eustatius, Japan

Founded in 2021, ParadTrade is an unregulated broker registered in the Comoros. Customers can trade forex, stocks, cryptocurrencies, commodities, and indices on the ParadTrade web platform or ParadTrade mobile platform. It provides five account types and a demo account, with leverage up to 1:500 and a minimum deposit of $5. However, ParadTrade does not serve residents from certain areas.

info

Pros and Cons

ProsCons
Various trading productsNo regulation
Demo account availableRegional restriction
Five account choices
Lower minimum deposit
Multiple contact channels
Bonus offered

Is ParadTrade Legit?

No, ParadTrade is not regulated. Please be aware of the risk!

license
domain

What Can I Trade on ParadTrade?

Tradable InstrumentsSupported
Forex✔
Stocks✔
Cryptocurrencies✔
Commodities✔
Indices✔
Bonds❌
ETFs❌
assets

Account Type

Account Minimum Deposit
Demo$0
Standart$5
Interbank$5000
ECNParad$3000
FixedParad$3000
CryptoParad$5000
Account Type

Leverage

The leverage can be up to 1:1000, which is relatively high. The use of leverage can both maximize profits and increase losses, so customers still need to consider carefully before investing.

Account Leverage
Demo1:500
Standart1:500
Interbank1:200
ECNParad1:1000
FixedParad1:1000
CryptoParad1:200

ParadTrade Fees

Account SpreadCommission
Demofrom 0.00003 pipsNone
Standartfrom 0.00003 pipsNone
Interbankfrom 0.0 pips0.3 pips
ECNParadfrom 0.0 pips0.6 pips
FixedParadfrom 0.0001 pipsNone
CryptoParadfrom 0.0001 pips0.3 pips

Trading Platform

Trading PlatformSupported Available Devices Suitable for
ParadTrade Web Trader✔PC, Web/
ParadTrade Mobile✔iOS, Android/
MT4❌/Beginners
MT5❌/Experienced traders
Trading Platform
Trading Platform

Deposit and Withdrawal

ParadTrade provides VISA, Maestro, MasterCard, SEPA, Skrill and Bitcoin for traders.

Deposit and Withdrawal

User Reviews

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User comment

32

Comments

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FX2811486155
0-3months
Интерфейс личного кабинета оказался простым и логичным - разобраться в нем удалось сразу, даже без опыта. Вся нужная информация представлена ясно, поэтому начать торговать получилось без лишних сложностей
Интерфейс личного кабинета оказался простым и логичным - разобраться в нем удалось сразу, даже без опыта. Вся нужная информация представлена ясно, поэтому начать торговать получилось без лишних сложностей
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2025-07-30 22:03
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Timm
0-3months
Trading conditions are good. The platform offers quite favourable conditions for trading. Money is withdrawn instantly, and there are no problems in this regard. I have been using it for a long time, everything suits me. I invest and plan to continue working with this company.
Trading conditions are good. The platform offers quite favourable conditions for trading. Money is withdrawn instantly, and there are no problems in this regard. I have been using it for a long time, everything suits me. I invest and plan to continue working with this company.
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2025-07-14 15:36
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