Softech Trades Review

About Softech Trades

Softech Trades operates under the name European Markets Ltd. and presents a purported London address at 45 King William Street, London EC4R 9AN; however, no valid regulatory license or oversight from recognized authorities is documented. The broker claims regulation by a body called “FINMSA,” which has no verifiable standing, while searches of the UK’s Financial Conduct Authority (FCA) register confirm European Markets Ltd. is unrelated to Softech Trades. This indicates the firm is unregulated.  

The Italian regulator CONSOB issued a black-out order (Delibera No. 22741 dated 14 June 2023) against the domains softechtrades.com and client.softechtrades.com on grounds of unauthorized offering of financial services. Internet service providers in Italy were required to block access to these sites following the resolution published on 19 June 2023. 

Softech Trades claims to offer tradable assets such as currencies, cryptocurrencies, indices, and commodities; however, key operational details remain undocumented. Information on account types, minimum deposit, leverage, spreads, trading platforms, payment methods, and other standard broker specifications is not verifiable via primary sources. 

Pros and cons

Pros

• Offers trading in multiple asset classes (currencies, crypto, indices, commodities) as claimed on its site. 

Cons

• No regulatory oversight; FINMSA is unverified and the FCA confirms no authorization. 
• Domain softechtrades.com subject to black-out order by CONSOB (Delibera No. 22741). 
• Key trading details—such as platforms, account conditions, fees—are undisclosed and unverifiable.