ONWARD TRADE OPTION Review

About ONWARD TRADE OPTION

Onward Trade Option is not regulated by any recognized financial authority. The Financial Conduct Authority (FCA) issued a public warning on January 25, 2024, identifying it as an unauthorized firm in the UK, confirming it provides financial services without authorization. ()

The broker’s claims of being licensed by the Mauritius Financial Services Commission, the Philippines Securities and Exchange Commission, the Financial Commission, the National Minority Supplier Development Council, and the Inter‑Agency Task Force CORE have been determined to be falsified. Searches of official registries by the FCA and independent investigators found no genuine authorizations matching Onward Trade Option. ()

The company's address is listed as 72 Broad Street, Reading RG1 2AF, in the United Kingdom. There is no verifiable company registration or license number associated with this entity. ()

Who it’s for

• Not applicable; there is insufficient verified information to responsibly describe any target audience. The broker’s unregulated status and lack of transparency make such profiling inappropriate.

Pros and cons

Pros

• No confirmed legitimate licences or oversight.

Cons

• Lacks regulation by any recognized authority (e.g., FCA, ASIC, SEC).
• Misleading presentation of fictitious licences; fraudulent reputational facade.
• No verifiable corporate structure, transparency, or contact details.
• Listed address unverified and no record of legitimate business registration.