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MetroTrade Review: Is It Legit and Regulated?

MetroTrade LLC

US Operating period unverified

FindMyFX score

high risk

4.5/10

0 Score out of 10 10
Independent assessment Updated 2026-07-23

Contact & regulation

Official website
metrotrade.com
Address
Chicago, Illinois, United States
Contact
[https://www.metrotrade.com/
Primary license
NFA · Unverified

Missing values mean the information has not been verified or published yet—not that the broker does not provide it.

Quick verdict

Is MetroTrade legit and regulated?

FindMyFX has license records for MetroTrade, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.

This is a source-limited research summary, not a safety guarantee or investment recommendation.

Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.

Broker-provided company information

Chicago-based U.S. futures brokerage offering exchange-traded futures through its MetroTrader web and mobile platform.

Professional broker overview

FindMyFX editorial summary

MetroTrade is a Chicago-based U.S. futures broker that identifies NFA ID 0558016 and uses the proprietary MetroTrader web and mobile platform. Its product menu includes currency futures and demo trading, but the reviewed sources do not establish an OTC spot-forex offering, a forex leverage ratio or a typical spread.

Prepared from reviewed sources for informational purposes. This is not investment advice.

Editorial note: This entry covers exchange-traded futures; OTC spot forex and CFD availability were not verified.

Operational status
active
Broker type
unknown
Execution model
Exchange-traded futures brokerage using the proprietary MetroTrader platform; detailed order-routing and clearing terms were not established in the reviewed sources.
Support hours
Not verified

Support languages: English

Documented advantages

  • The proprietary MetroTrader platform is available on web and mobile.
  • The official product menu includes exchange-traded currency futures and a demo environment.

Documented limitations

  • The reviewed sources do not document an OTC spot-forex or CFD account.
  • No forex-specific leverage ratio, typical spread or minimum deposit was verified.
100%coverage

Published profile coverage

8 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.

Company structure

Legal entities

Registered companies associated with this broker profile.

1 entity

MetroTrade LLC

Primary
US 0558016

Markets and instruments

currency futures

unverified

Futures

unverified

Licenses and regulators

NFA

0558016

unverified

Last verified: Not shown

Type: NFA membership for a futures brokerage
Client class: Not shown
Compensation: Not shown
Segregated funds: Yes
Negative balance protection: Unknown
Open official register ↗

Score components

Regulation and licenses

5.0/10 · 35%

The broker publishes NFA ID 0558016 and links users to NFA BASIC, but a direct entity-specific BASIC profile was not opened.

Security and track record

5.0/10 · 20%

Official materials state that futures customer funds are segregated, but no longer-term enforcement review was completed.

Trading conditions

5.0/10 · 15%

The proprietary platform, futures scope and demo availability are documented, but forex-specific leverage and spreads are not.

Company transparency

7.5/10 · 10%

The official site identifies the legal entity, location, NFA ID, platform and service scope.

Service quality

2.5/10 · 10%

Official support channels are available, but no inspectable verified service-quality dataset was identified.

Verified user reviews

0.0/10 · 10%

No inspectable verified user-review dataset was identified.

Profile update history

Broker profile was published.

2026-07-22

Related regulated broker profiles

These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.