Reviewed by Shaun David
Shaun David
Regulation • Trading Algorithms • Market Analysis
I’m the co-founder of CleaRank, and my hands-on approach shaped the CLEAR™ rating system behind our reviews. I test platforms myself and dig into the hidden risks and costs, so traders see the full picture before they commit their money. My background is in market analysis and algorithmic trading, and my goal is a level playing field for every trader. using our CLEAR™ Methodology The CLEAR™ Score (Credibility, Leverage, Execution, Accessibility, Regulation) is our proprietary ranking system. The CLEAR™ Score provides you with the most accurate and transparent broker ranking after evaluating all the key factors that are crucial for trading success. .
Last fact check on October 22, 2026 by
Michelle Sofia
Michelle Sofia
Market Analyst • Editorial Review
Michelle is the financial content architect and SEO market analyst at CleaRank, and the final editorial reviewer on every CleaRank publication. With a background in financial journalism and fintech reporting, she fact-checks each broker investigation for accuracy before it goes live.
BX Trade Review 2026
BX Trade is an offshore foreign-exchange broker whose consumer-facing domain carries Domain Rating zero on Ahrefs, with no measurable organic search traffic as of June 2026. Third-party broker records place the operator entity in Saint Lucia and reference a Belgian entity under registration number 0436218502; we could not confirm either in an official register in October 2026. BX Trade holds no Tier-1 licence anywhere: no FCA, ASIC, CySEC, BaFin, SEC or CFTC authorisation.
One primary-source regulator filing defines the compliance ceiling here. On 3 February 2025 the UK Financial Conduct Authority added BX Trade to its Warning List, stating the firm is not authorised by the FCA and may be targeting people in the UK. The FCA entry lists the website b-xtrade.info and the address 60a Station Road, North Harrow, HA2 7SL, a UK address that also appears in the FCA Warning List entry for Coinexx, an offshore broker independently reviewed by CleaRank. Both operators sharing the same UK address is documented directly in the primary-source FCA records.
Our CLEAR investigation gave BX Trade a Failed score of 0.25 / 5, placing it in the severe-risk band alongside Pocket Option and Coinexx. The most direct concern is structural: BX Trade has Domain Rating 0 and no indexable organic presence on bxtrade.io, yet brand-search demand for BX Trade review queries is approximately 30,000 monthly searches on competitor review pages. That gap between brand demand and zero self-owned organic presence is the fingerprint of an operator reliant on opaque affiliate or referral traffic rather than a transparent web footprint. Verify any broker’s current risk status using the CLEARCheck Broker Risk Scanner.
Broker Alert

Failed CLEAR™ Score: 0.2/5
- FCA Warning: not authorised, targeting UK residents
- Shared UK address with Coinexx on FCA
- Domain Rating 0 and zero organic traffic
- Registered in Saint Lucia: no retail forex licence
- No card or SEPA payment rails publicly verifiable
- 30,000 brand searches monthly vs zero self-owned
Customer Support0.3
Regulation0.1
Trade Execution0.4
Reputation0.2
Withdraw Speed0.2
CLEAR™ Score0.25
Customer Support0.3
Regulation0.1
Trade Execution0.4
Reputation0.2
Withdraw Speed0.2
CLEAR™ Score0.3
The FCA Has BX Trade On Its Warning List
One primary-source regulator filing defines the compliance ceiling for any conversation about BX Trade. It names the brand directly. It remains live on the FCA website as of October 2026.
FCA UK Warning List – BX Trade
The UK Financial Conduct Authority Warning List entry for BX Trade, first published on 3 February 2025, states the firm is not authorised by the FCA and may be targeting people in the UK. The FCA lists the website as b-xtrade.info and the address as 60a Station Road, North Harrow, HA2 7SL. This is the same address on file for Coinexx in the FCA Warning List entry published 20 November 2023. Dealing with an FCA Warning-listed firm means no recourse to the Financial Ombudsman Service and no protection under the Financial Services Compensation Scheme.
Saint Lucia and Belgium: No Retail Forex Regulation
Third-party broker records say BX Trade’s operator entity is registered in Saint Lucia; we could not confirm this in an official register. Saint Lucia’s Financial Services Regulatory Authority does not issue retail forex broker licences. A Belgian entity under registration number 0436218502 is also referenced in third-party broker records. The Belgian FSMA regulates financial services in Belgium, but no FSMA authorisation or FSMA warning has been publicly linked to BX Trade’s Belgian entity registration in the primary-source FSMA database as of June 2026. The combination of a Saint Lucia operating entity and a Belgian registration without an FSMA licence is a structural gap.
Corporate Stack: Saint Lucia Entity, Belgian Registration, UK Mailbox
The corporate paperwork behind the BX Trade brand spans three jurisdictions. Third-party records place the operating entity in Saint Lucia. A Belgian entity registration number 0436218502 appears in third-party broker registries alongside the BX Trade brand. The UK address on file with the FCA is 60a Station Road, North Harrow, HA2 7SL. The FCA notes that firms on its Warning List may give incorrect contact details or details that belong to another business, and the entry confirms BX Trade is not authorised by the FCA. Saint Lucia does not issue retail forex licences. Belgium’s FSMA does not list the Belgian entity as an authorised forex broker. The three-jurisdiction paperwork stack produces zero Tier-1 retail forex authorisation anywhere in the world.
The BX Trade corporate shell
Saint Lucia operating entity, Belgian entity registration 0436218502, and a UK address at 60a Station Road, North Harrow shared with the Coinexx FCA Warning List entry. Zero Tier-1 retail forex authorisation anywhere.
Three-jurisdiction paperwork stack. Zero Tier-1 retail forex authorisation across all three.
BX Trade (Saint Lucia entity)
Operating entity registered in Saint Lucia. The Saint Lucia FSRA does not issue retail forex broker licences. IBC registration is a company incorporation number, not a regulatory authorisation.
No retail forex licenceBelgian entity (Reg. 0436218502)
Belgian entity registration number 0436218502 appears in third-party broker registries alongside the BX Trade brand. No FSMA authorisation publicly linked to this registration in the FSMA primary-source database as of June 2026.
No FSMA authorisation60a Station Road, North Harrow
Address given in the FCA Warning List entry for BX Trade (3 February 2025), which lists the website b-xtrade.info. The same address appears in the FCA Warning List entry for Coinexx, a separate offshore broker. BX Trade is not FCA-authorised.
Shared with Coinexx warningUK-targeted audience with no regulatory protection
FCA Warning List entry states BX Trade may be targeting people in the UK. UK residents have no FOS recourse and no FSCS protection. Brand-search demand approx 30,000 monthly searches across competitor pages.
Ahrefs Audit: Domain Rating Zero, No Organic Presence on bxtrade.io
Live data from the Ahrefs API for bxtrade.io on 08 June 2026: Domain Rating 0, Ahrefs Rank 231,717,082, zero live organic keywords, zero organic monthly visits, zero paid traffic. The domain has no measurable indexable footprint. By contrast, competitor review pages for the BX Trade brand keyword carry approximately 30,000 monthly search volume according to candidate-discovery data. A brand with measurable consumer search demand and zero self-owned organic presence is an operator whose distribution relies entirely on channels outside search.

Ahrefs recorded zero organic traffic for bxtrade.io in June 2026, returning no country-level breakdown. Note that the FCA warning names a different domain, b-xtrade.info, as BX Trade’s website. The absence of an organic footprint does not mean the operator has no reach: brand-search demand of approximately 30,000 monthly searches on competitor review pages documents an active consumer audience seeking information about BX Trade in the UK, South Asia, and continental Europe. The FCA Warning List entry states that the firm may be targeting people in the UK.
The Smoking Gun: An FCA Warning and a Shared Mailbox Address
The FCA Warning List entry for BX Trade at fca.org.uk/news/warnings/bx-trade states the firm is not authorised by the FCA and may be targeting people in the UK. The FCA address on file is 60a Station Road, North Harrow, HA2 7SL. The FCA Warning List entry for Coinexx, an offshore broker reviewed independently by CleaRank, uses the same North Harrow address. Two separate FCA Warning-listed offshore brokers sharing a single UK address. Both entries are primary-source FCA records.
Pro Tip from CleaRank: Treat any broker whose country-level traffic contradicts its own restriction policy as if it has already failed regulation. CLEAR-certified Tier-1 brokers like IC Markets, Fusion Markets or Darwinex use real IP-blocking and KYC gates to enforce country restrictions because their Tier-1 licences require it.
Payment Rails: Not Publicly Verifiable From Primary Sources
Neither bxtrade.io nor b-xtrade.info, the website named in the FCA warning, returned any accessible content when we tried to load them in October 2026, so there is no public page documenting deposit and withdrawal rails. The operator’s web presence is non-indexable by search engines. Without a publicly accessible payment page it is not possible to confirm whether BX Trade accepts Visa, Mastercard, SEPA, Faster Payments, or cryptocurrency. The structural absence of a transparent, publicly accessible terms-of-service and payment disclosure is itself a risk signal. Tier-1 regulated brokers are required to publish their terms of business and payment arrangements in accessible format under FCA, ASIC, CySEC and BaFin rules.
Smart Pro Tip: If a broker only accepts crypto, mobile wallets, or local rails outside the Visa or Mastercard network, that is a structural sign the operator is trying to evade chargeback protection. Stick to Tier-1 brokers that take SEPA, Faster Payments, Visa, or Mastercard, and verify them with the CleaRank Broker Risk Scanner before depositing.
Customer Complaints: Pattern Documented on Competitor Review Pages
The BX Trade complaint record is documented on competitor broker-review platforms. Patterns reported include account closure without explanation, unresponsive customer support, and withdrawal requests that go unanswered. WikiFX carries a TrustScore of 36 out of 100 for the BX Trade brand, citing an absence of valid regulation as the primary concern. The operator’s own domain provides no contact mechanism beyond a registration page, making independent verification of complaint status difficult from primary sources alone.
Action Steps If You Are Already a BX Trade Customer
Stop depositing immediately. Do not add another cent regardless of any bonus or recovery promise.
Preserve every record. Save deposit transaction hashes, MetaTrader account statements, chat logs, KYC submissions, every email and every screenshot.
File a chargeback fast if you deposited by Visa or Mastercard. The dispute window is typically 120 to 180 days from the deposit date.
Report the firm. UK: FCA Report an unauthorised firm. US: CFTC SmartCheck. Canada: Ontario Securities Commission. EU: your national regulator and ESMA.
Avoid recovery offers. Anyone offering guaranteed fund recovery for an up-front fee is a second-layer concern. Legitimate chargeback and regulator-complaint paths do not require an up-front fee.
Our Verdict for BX Trade
BX Trade’s 0.25 / 5 CLEAR Score reflects an operator on the FCA Warning List as an unauthorised firm, with Domain Rating 0 and zero organic traffic on its consumer-facing domain. FCA Warning List entry (3 February 2025) live as of October 2026. A reported Saint Lucia operating entity with a Belgian entity registration and a UK address shared with the Coinexx FCA warning entry. Brand-search demand of approximately 30,000 monthly searches across competitor pages while the operator itself has zero self-owned organic presence. WikiFX TrustScore 36 out of 100. No publicly verifiable payment rail or withdrawal process.
Avoid BX Trade. For real ECN execution under a Tier-1 regulator, use a CLEAR-certified broker such as IC Markets (ASIC), Fusion Markets (ASIC), or Darwinex (FCA). Verify any broker through the CleaRank Broker Risk Scanner before depositing.
BX Trade FAQs
Is BX Trade regulated?
No. BX Trade holds no Tier-1 licence anywhere. The UK Financial Conduct Authority has added BX Trade to its Warning List, stating the firm is not authorised by the FCA and may be targeting people in the UK. The operating entity is registered in Saint Lucia, which does not issue retail forex licences.
Who operates BX Trade?
Third-party broker records say the BX Trade operator entity is registered in Saint Lucia; we could not confirm this in an official register. A Belgian entity under registration number 0436218502 is also referenced in third-party broker records. The FCA Warning List entry lists a UK address at 60a Station Road, North Harrow, HA2 7SL and the website b-xtrade.info.
Why is BX Trade on the FCA Warning List?
The FCA Warning List entry at fca.org.uk/news/warnings/bx-trade states BX Trade is not authorised by the FCA and may be targeting people in the UK. Dealing with an FCA Warning-listed firm means no recourse to the Financial Ombudsman Service and no protection under the Financial Services Compensation Scheme.
Is BX Trade safe?
No. With a 0.25 / 5 CLEAR Score, an FCA Warning List entry documenting the firm as not authorised and potentially targeting UK residents, Domain Rating 0 with zero organic traffic on the consumer-facing domain, and a Saint Lucia operating entity in a jurisdiction that issues no retail forex licences, trading with BX Trade means accepting zero investor protection.
What is the FCA address for BX Trade?
The FCA Warning List entry for BX Trade uses the address 60a Station Road, North Harrow, HA2 7SL. The FCA warns that firms like this may give incorrect contact details or details that belong to another business. The FCA Warning List entry for Coinexx, a separate offshore broker, uses the same North Harrow address.
Can I withdraw funds from BX Trade?
BX Trade’s websites (bxtrade.io and the FCA-listed b-xtrade.info) showed no accessible payment or withdrawal information in October 2026. Competitor broker-review platforms document complaint patterns including unresponsive support and unanswered withdrawal requests. Without a publicly accessible terms-of-service document it is not possible to verify the withdrawal process from primary sources.
Does BX Trade accept UK clients?
The FCA Warning List entry states BX Trade may be targeting people in the UK. The firm is not authorised by the FCA. UK residents dealing with BX Trade have no access to the Financial Ombudsman Service and no protection from the Financial Services Compensation Scheme.
Disclaimer: This review documents the regulatory and compliance risks of an unregulated broker and is not financial advice. Always verify a broker’s licenses and seek professional guidance before trading.
I’m the co-founder of CleaRank. I’ve spent most of my life studying finance, from analyzing market trends to spotting early adoption in the crypto industry, and I’ve learned that markets move on the psychology and sentiment of the crowd as much as on the numbers. Over my career I’ve built trading algorithms, managed long-term investment portfolios and helped traders avoid shady brokers before they knew they were at risk. Today I write market analysis on stocks, ETFs, forex and crypto, with a focus on AI infrastructure and the companies behind it.
