Broker Review

Unauthorised Firm Details

Name: Pulse Trade
Website: pulse-trade.io

Pulse Trade markets itself as a trading broker offering forex, crypto, and CFD services. However, multiple broker-safety and regulatory sources classify it as non-regulated and risky. WikiFX labels it “No Regulation” and gives it a low score. Reputation services mark hidden ownership (WHOIS privacy), low traffic, and promotional messaging typical of unverified brokers.

User complaints suggest withdrawal problems: one user claims they were enticed to invest $350, asked to upgrade to $3,500, then routed to a wallet called “Bitonix” controlled by the operator, and finally blocked from accessing the funds. Many reviews label the operation as a scam or fraudulent setup.

Bottom line: Pulse Trade has numerous red flags — lack of verifiable regulation, user reports of lost funds, opaque ownership, suspicious marketing practices. It should be considered high risk and used only (if at all) with extreme caution.

Location & Risk Notes

• Regulatory actions: The Belgian regulator (FSMA) has issued warnings about Pulse Trade for operating without authorization, specifically flagging its use of celebrity endorsements and social media. BrokersView also notes that no registration was found with CySEC in Cyprus despite claims.

• Domain & trust scores: The site is very young; its trust score is extremely low according to ScamAdviser, largely due to hidden owner, low traffic, and negative review patterns.

• Corporate claims vs reality: The site claims a Cyprus base, but no credible record exists in Cyprus regulator data. The claims appear inconsistent with public registry data.

• User reports: Multiple users allege being blocked from withdrawing, being pressured to deposit more, being told to pay “liquidity fees,” and being redirected to wallets under control of the operator.

• Marketing tactics: The site seems to use aggressive marketing, social media endorsements, and promises of high returns to attract deposits.