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ShineTrades Review: Is It Legit and Regulated?

Shine Trades Limited (CY) Ltd

CY Operating period unverified
AKA Shine Trades (CY)

FindMyFX score

high risk

5.6/10

0 Score out of 10 10
Independent assessment Updated 2026-07-21

Contact & regulation

Official website
shinetrades.com
Address
Lophitis International Center, corner Soteri Michaelidi & 28th October, CY-3035 Limassol, Cyprus
Primary license
CySEC · Unverified

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

Quick verdict

Is ShineTrades legit and regulated?

FindMyFX has license records for ShineTrades, 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

Cyprus investment firm using the approved trade name Shine Trades (CY), with cTrader access and forex and CFD products.

Professional broker overview

FindMyFX editorial summary

CySEC lists Shine Trades Limited (CY) Ltd under licence 293/16, dated 22 January 2016, and approves the trade name Shine Trades (CY). The broker website presents cTrader and states that its execution routes orders to liquidity providers. Official pages identify forex and other CFD instruments, but the reviewed materials did not establish a single account-specific typical spread or retail leverage figure.

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

Editorial note: Trading-condition details are broker-published; this import does not infer jurisdiction-specific leverage where the source was not explicit.

Operational status
active
Broker type
STP
Execution model
The broker states that orders are routed to liquidity providers.
Support hours
Not verified

Support languages: English

Documented advantages

  • CySEC directly lists the licence, entity, registration number and approved trade name.
  • The official site identifies cTrader and a range of forex and CFD instruments.

Documented limitations

  • No account-specific typical spread was established from the reviewed official pages.
  • Retail leverage was left null because jurisdiction and client-class mapping was not explicit.
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

Shine Trades Limited (CY) Ltd

Primary
CY 335393

Markets and instruments

Forex CFDs

unverified

Metals CFDs

unverified

Other CFDs

unverified

Licenses and regulators

CySEC

293/16

unverified

Last verified: Not shown

Type: Cyprus Investment Firm
Client class: Not shown
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown
Open official register ↗

Score components

Regulation and licenses

7.5/10 · 35%

Official regulatory or legal-entity evidence reviewed.

Security and track record

5.0/10 · 20%

Only documented regulatory status and material events were considered.

Trading conditions

5.0/10 · 15%

Score reflects the amount of inspectable official account and product data.

Company transparency

7.5/10 · 10%

Score reflects official disclosure of entity, address, registration, and jurisdiction.

Service quality

5.0/10 · 10%

Only inspectable official service details were considered; no independent service audit was found.

Verified user reviews

0.0/10 · 10%

No inspectable verified-user-review dataset was found in the reviewed official sources.

Profile update history

Broker profile was published.

2026-07-21

Related regulated broker profiles

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