CANNON TRADING

Cannon Trading Company, Inc. is a brokerage firm that primarily offers futures trading services to retail and corporate clients. Based in Los Angeles, California, the company presents itself as a client-focused operation, with a strong emphasis on personalised support and hands-on technical assistance. According to the limited public information available, the firm aims to differentiate itself through dedicated account management and a streamlined onboarding experience.

The legal entity behind the operation is Cannon Trading Company, Inc., which is registered at a commercial address in Los Angeles. While official records show the company was incorporated on March 14, 2019, several client reviews claim the firm has been active for 37 years, suggesting either a prior unincorporated business or a marketing narrative that predates the current legal structure. The firm does not publicly disclose its ownership, management team, or the nature of its corporate structure beyond the single legal entity.

The registered address for Cannon Trading is 12100 Wilshire Blvd, Suite 1640, Los Angeles, CA 90025. This is a typical office building in the Wilshire Corridor, a common location for financial services firms in the region. The suite number indicates a small office space, which is consistent with the firm's reported employee count of zero—a figure that likely reflects either a virtual office arrangement or a very lean operation where staff are independent contractors rather than formal employees.

Despite incorporation in 2019, some client testimonials reference a 37-year track record. Without access to legacy business registrations or a clear corporate genealogy, it is difficult to verify this claim. The discrepancy between the official founding date and the marketing narrative is an important point for potential clients to note, as it raises questions about the continuity of the business and the basis for its longevity claims.

Cannon Trading Company, Inc. is not licensed or registered with any financial regulator. This includes an absence from both the U.S. Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA), which are the primary regulatory bodies for futures brokers serving American clients. Operating as an unregulated entity means the firm is not subject to the strict capital requirements, segregation of client funds, or external oversight that characterise regulated brokers.

For traders, this translates into a lack of standard protections: client money is not held in segregated trust accounts, there is no industry compensation scheme in the event of insolvency, and there is no external avenue for dispute resolution beyond the courts. While some unregulated brokers operate honestly, the absence of any licence is a significant red flag and the primary driver of the Guarded scam risk score assigned by FXCanary.

Information on the specific account types offered by Cannon Trading is not publicly disclosed. From user reviews, it can be inferred that the broker provides individual and corporate futures trading accounts, as well as demo accounts for practice and evaluation. The minimum deposit requirements are unknown, and there is no published information on leverage limits or margin terms.

The trading platform is not explicitly named in any of the available reviews. References to technical setup and screen‑share support suggest the firm likely uses one or more standard third‑party futures trading platforms, such as those commonly provided by introducing brokers in the U.S. futures industry. The hands‑on assistance described—where representatives remotely connect to clients’ machines to configure settings—indicates a tailored approach that may appeal to less tech‑savvy traders but also underscores the lack of self‑service transparency.

Based on client testimonials, Cannon Trading specialises in futures contracts. No other asset classes, such as forex, equities, or cryptocurrencies, are mentioned in the available reviews. The broker’s focus appears to be exclusively on the futures markets, which typically include commodities, equity indices, currencies, and interest rates, though the exact product list is not published.

This narrow focus aligns with the firm’s positioning as a specialist in the futures space. However, without a clear instrument schedule, traders cannot assess the breadth of markets they can access. The lack of transparency in this area is consistent with the overall sparse public documentation provided by the company.

Deposit and withdrawal methods are not detailed on any official website or documentation. User reviews indicate that funding is possible from both U.S. and international locations, with one client mentioning a successful wire transfer from New Zealand. There are no reported issues with withdrawals, and the broker has zero withdrawal‑related complaints in the review data analysed by FXCanary. However, the absence of formalised funding procedures and timelines is a transparency gap.

Customer support is the single most praised aspect of Cannon Trading, with 117 of the 118 mentions in reviews being positive. Traders frequently mention rapid response times, knowledgeable staff, and a willingness to go beyond typical broker support—for example, by remotely accessing clients’ computers to configure platforms. Named representatives like Ilan, Kimberly, and Mark appear repeatedly, suggesting a small, tight‑knit team that builds personal relationships with clients.

Cannon Trading may appeal to experienced futures traders who prioritise personalised service and are comfortable with the significant regulatory risks of an unlicensed broker. The firm’s hands‑on approach and strong support record could suit those who value direct, human interaction over automated systems or self‑directed platforms.

Conversely, the broker is not suitable for risk‑averse individuals, beginners who lack the experience to evaluate an unregulated entity, or anyone who requires the safety net of investor protection schemes. Traders who demand full transparency on fees, execution policies, and platform functionality will also find the absence of public documentation a major drawback. Given the Guarded risk score, caution and limited initial exposure are strongly advised.