Brokers  /  Trades Open Markets

Trades Open Markets

Moderate risk
🇨🇾 Cyprus · 5-10 years · since 2020-04-11 · UR TRADE FIX Ltd.
Visit site ↗
Independent ratingshow third parties score this broker
WikiFX1.56/10
Trustpilot/5
Forex Peace Army/5
41
Moderate risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing6835%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration108%
Transparency (site/info/social)10010%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameUR TRADE FIX Ltd.
Headquarters🇨🇾 Cyprus
Founded2020-04-11
Years operating5-10 years
Employees0
Official websitetradesopen.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
CYSECDerivatives Trading License (MM)282/15Cyprus

Review analysis AI

There aren’t enough independent reviews for Trades Open Markets yet to draw firm conclusions. The lack of public feedback is itself a caution sign for a smaller or newer broker.

0
Period:

Real user reviews

Similar brokers

About Trades Open Markets

Trades Open Markets is a forex and CFD broker based in Cyprus, with records dating to 2020-04-11. It reports oversight from CYSEC.

FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.

Overview compiled by FXCanary from regulatory records and public data. full Trades Open Markets review