METROTRADE

MetroTrade is a United States-based brokerage firm that began offering trading services in February 2026. The company operates under the legal name METROTRADE LLC and is registered at 318 W. Adams Street, Suite 1707, Chicago, IL 60606, US. As a relatively new entrant to the online trading space, MetroTrade has positioned itself as a platform for retail traders, though it has not yet established a significant public track record.

The firm’s online presence includes a website (metrotrade.com) and a Trustpilot page, where it has gathered a limited number of user reviews. Despite being a US-registered limited liability company, MetroTrade does not appear to hold any regulatory licences from the Commodity Futures Trading Commission (CFTC), National Futures Association (NFA), or any other financial authority globally. This means it operates outside the typical investor-protection frameworks that govern most retail brokers.

MetroTrade was incorporated on 2 February 2026, making it one of the newest brokerages to appear in the retail forex and CFD industry. The company’s registered address is a commercial office suite in downtown Chicago, though it is unclear whether this is a physical operational hub or a registered agent address. Public records indicate that MetroTrade has zero employees, which may suggest a very small team or reliance on outsourced services.

Given its short history, there is almost no independent information about the firm’s management, trading volume, or corporate structure. The company has not disclosed any affiliations with other regulated entities, nor has it provided details on how client funds are segregated or protected. This lack of transparency is notable and should be a key consideration for potential clients.

As of the date of this review, FXCanary has not been able to identify any valid financial services licence held by MetroTrade in any jurisdiction. A search of major regulatory databases, including those of the CFTC, NFA, FCA, ASIC, and CySEC, returned no results for METROTRADE LLC. The broker’s website does not display any licence numbers or regulatory disclosures.

Without a regulatory licence, MetroTrade is not subject to external oversight, mandatory capital requirements, or client-fund protection schemes. This absence of regulation is the single most important factor in assessing the safety of using this broker, as it means clients have no recourse to a financial ombudsman or compensation fund in the event of a dispute or insolvency.

MetroTrade offers a proprietary trading platform that is described by its users as easy to use and straightforward. The platform is web-based, allowing access from any internet-connected device without the need for software downloads. While the company does not publish a detailed list of tradable instruments, user activity suggests that it supports forex and possibly CFDs on popular assets.

The platform seems to provide a clean interface suitable for novice traders. However, the absence of a widely recognised third-party platform like MetaTrader 4 or 5 means that traders cannot independently verify pricing, execution quality, or connectivity. This lack of transparency is compounded by the fact that MetroTrade has not disclosed its liquidity providers or execution model.

MetroTrade has not published any information regarding its account types, minimum deposit requirements, leverage limits, or spreads. On its website, there are no dedicated pages for account tiers or trading conditions. This opacity makes it impossible for potential clients to compare costs or understand what is required to open an account.

Based on the available user reviews, it appears that the broker offers at least one standard account with access to ACH funding. One reviewer mentioned that the process was “smooth and easy,” but without official fee schedules, there is no way to confirm whether hidden costs exist. Typically, regulated brokers provide detailed fee disclosures, including overnight swap rates and inactivity penalties; MetroTrade’s failure to do so is a significant concern.

User feedback indicates that MetroTrade supports ACH transfers for deposits. One reviewer reported that their ACH transfer was processed quickly and funds were available for trading within a short time. No information is available regarding withdrawal methods, processing times, or fees.

The lack of transparency around withdrawal procedures is a red flag. Reputable brokers clearly outline their withdrawal rules, including verification requirements and cut-off times. Without such documentation, clients have no certainty about when or if they can access their funds. This is especially worrying given that MetroTrade’s very small user base means there is no meaningful record of withdrawal performance.

MetroTrade claims to offer customer support, and the limited user reviews suggest that it is responsive and helpful. Two reviewers specifically praised the broker’s customer service, noting that their questions were answered promptly and that assistance was provided for ACH transfers.

However, with only three reviews in total, the sample size is too small to draw firm conclusions. There is no publicly available contact information for support beyond the company’s website form, and no details about support hours or languages are provided. This lack of infrastructure raises questions about the broker’s ability to handle a larger client base or resolve complex issues.

Given its complete lack of regulatory oversight, thin public profile, and almost total absence of disclosed trading conditions, MetroTrade is not suitable for the vast majority of retail traders. The firm might appeal only to those who are comfortable with extreme risk and who are willing to trade with a completely unregulated startup.

New traders, in particular, should avoid MetroTrade, as the absence of investor protections and educational resources creates a high-risk environment. Even experienced traders would find the black-box nature of the platform and the unknown fee structure a significant barrier to effective risk management. Without fundamental guarantees of fund safety or fair execution, there is simply no margin for error.