Pride Wealth Review
5
Fast Facts
Contact Info and Support
Traffic information
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| Ratings | Global Rank | - |
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| Engagement metrics | Visits | 0 |
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| Estimated monthly visits | December 2025 | 0 |
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| Top keywords | pride wealth | 10 ◦ $10 |
About Pride Wealth
Pride Wealth Ltd operates as an Introducing Broker (IB) based in Dubai, Saint Lucia, serving as an intermediary to connect traders with regulated brokerage firms, and does not handle client funds directly. The company’s registered office is Ground Floor, The Sotheby Building, Rodney Bay, Gros-Islet, Saint Lucia (P.O. Box 838, Castries) with licence number 2024‑00121 from Saint Lucia's Financial Services Regulatory Authority (FSRA) ().
The company offers several account types: Standard, ECN, and VIP. The Standard account requires an initial deposit of US$50, leverages up to 1:400, zero commissions, and spreads starting from 1.2 pips. The ECN account requires US$5,000, offers up to 1:200 leverage, includes US$3.50 commission per side, and spreads from 0.1 pips. The VIP account requires US$50,000, also offers up to 1:200 leverage, with US$2.50 commission per side and spreads from 0.1 pips. Swap-free (Islamic) accounts are available across all account types upon request ().
The broker supports CFDs on gold and other instruments, with trading via Meta Trader 5 (implied by platform use guides). Margin call and stop‑out levels are 100% and 50%, respectively, across accounts. Minimum trade lot size is 0.01 ().
No licences or regulatory authorisations beyond the FSRA license in Saint Lucia are listed on official documents. Saint Lucia’s FSRA does not grant licences for forex or CFD trading, and registration in an International Financial Centre does not equate to regulatory authorisation. Additionally, Pride Wealth is not authorised by UAE regulators such as DFSA, CBUAE, or SCA, raising regulatory concerns about offering services from Dubai ().
Who it’s for
- Traders seeking access to CFD and forex platforms via an intermediary who facilitates account setup.
- Clients willing to use offshore services where direct regulatory oversight is limited to Saint Lucia registration.
- Individuals needing Islamic/swap‑free accounts.
Pros and cons
Pros
- Low minimum deposit on standard account (US$50) with high leverage (up to 1:400).
- Range of account types (Standard, ECN, VIP) with differing spreads and commission levels.
- Offer of swap‑free (Islamic) accounts.
Cons
- Regulation limited to Saint Lucia registration (license 2024‑00121), where FSRA does not authorise forex/CFD trading.
- No evidence of authorisation from Dubai or other major financial regulators.
- Functions solely as an introducing broker without direct regulatory accountability for execution or fund custody.
