Risk scorecard
Each area is scored 0 (clean) to 10 (worst). Higher means more risk.
Regulation
9/10 · CriticalNo licence from any regulator while taking client deposits, and the site falsely claims to be heavily regulated. Saint Lucia IBC registration is not financial regulation.
Identity & transparency
5/10 · ModerateDiscloses a legal entity, company number and registered address, but the footer mixes 'LTD.' and 'Inc.', no owners are named, and the real Iraq operating base is not disclosed as an address.
Withdrawals & conduct
2/10 · LowNo fund-integrity or service complaints found on any platform. Absence of complaints on a young, low-traffic broker is weak comfort, not proof withdrawals work.
Reputation
5/10 · ModerateOnly three generic five-star Trustpilot reviews, clustered in October 2024 and all from Iraq, with nothing in the last year. Thin and possibly promotional, no organic mixed feedback.
Website claims
8/10 · CriticalFalse regulatory claims ('Heavily Regulated and Trusted', 'Fully compliant with international regulations'), inflated volume stats for a two-year firm, and inconsistent minimum-deposit figures across cards.
Operational history
5/10 · ModerateDomain from October 2023 and company number from 2024, so under three years old. The founding claim of 2023 is honest, but the track record is short.
Who they are
A quick desk file on the company behind the brand.
- Brand: Help Trading
- Legal entity: Help Trading LTD. (the footer also uses 'Help Trading Inc.', an inconsistency)
- Registered: Ground Floor, The Sotheby Building, Rodney Bay, Gros-Islet, Saint Lucia (company reg. no. 2024-00014)
- Website: helptrading.net
- Only licence: None. A Saint Lucia company registration only, which is not financial regulation
- Offers: Forex, metals, shares, indices, commodities and crypto (digital assets) on MetaTrader 5, leverage up to 1:1000, deposits from 10 dollars
- Not accepted / not disclosed: No named regulator, no compensation scheme, no self-serve licence verification; real operating offices in Iraq are implied by the contact details but no street address is published
- Age claim: 'Founded in 2023', which matches the domain and the 2024 company number
Regulation
Who really oversees this broker, and what each licence is worth to you.
Proof of regulation on an official register: No
We could not confirm this broker on any genuine regulator’s register.
No licence claims on record.
Why we reached this verdict
How the evidence adds up.
We rate this broker high risk because of what it lacks and what it wrongly claims, not because we caught it stealing money.
- No regulation, but a claim of it. The site names no regulator and shows no licence number, yet the About page says the firm is 'Heavily Regulated and Trusted' and 'Fully compliant with international regulations and standards'. A Saint Lucia company registration does not license anyone to run a brokerage, and the Saint Lucia FSRA does not supervise these companies. Saying otherwise is a false statement to clients.
- It takes client money. Deposits start at 10 dollars through Iraqi bank rails and USDT crypto, with leverage up to 1:1000. Taking deposits with no licence and no client-fund protection is the core risk here.
- Short history. The domain was created in October 2023 and the company number is from 2024, so this is an operation with under three years behind it. A clean-looking young firm is exactly where the absence of complaints means least, so the published figure is lifted to reflect that youth.
- Thin, generic reputation. The only review presence we found is three five-star posts from Iraq clustered in October 2024, with nothing since. That is not the footprint of a large, established broker and it reads more like early promotion than organic feedback.
Evidence ledger
Every finding, with its source and how strongly it points.
E1The broker holds no licence from any regulator, yet its About page states it is 'Heavily Regulated and Trusted' and 'Fully compliant with international regulations and standards'. No authority or licence number is named anywhere on the site.
E2The helptrading.net domain was created on 23 October 2023, giving the operation under three years of history, against confident marketing about scale.
E3Saint Lucia IBC registration (the firm's number 2024-00014) is company paper only; the Saint Lucia FSRA does not license such companies for financial services, and their marketing is meant to state they are not licensed by the FSRA.
E4The broker takes deposits from 10 dollars via Iraqi rails (FIB, ZainCash, QI Card) and USDT crypto, offers leverage up to 1:1000, and uses an Iraqi phone number, pointing to aggressive solicitation of Iraq and Kurdistan.
E5Trustpilot shows only three reviews, all five-star, posted from Iraq and clustered in October 2024, with none in the last 12 months. A thin, generic footprint rather than organic reputation.
ModerateTrustpilotE6A genuine MetaTrader 5 white-label server ('HelpTrading-Server') is published on the MetaQuotes download network, indicating a real trading platform exists behind the brand.
E7No regulator warning or alert naming Help Trading or helptrading.net was found across the major lists as of August 2026 (FCA, CFTC, ASIC, IOSCO). Lists lag new operators, so this is not clearance.
E8The site's 'Founded in 2023' claim is consistent with the 2023 domain and 2024 company number, so there is no age misrepresentation.
The other side
The strongest case in this broker’s favour.
In fairness to the broker, several points cut the other way.
- A real trading operation exists. It runs a genuine MetaTrader 5 white-label server ('HelpTrading-Server' on the MetaQuotes network), so this is not a pure phishing shell with no platform.
- It discloses a real legal entity, a company registration number and a registered address, which many outright scams do not bother to do.
- We found no reports of refused withdrawals, frozen accounts or demands for extra fees to release funds. No client has publicly described losing money to it.
- It does not impersonate a licensed brand or quote another firm's licence number, so it is not a clone.
- Its stated founding year of 2023 is consistent with the evidence, so it is not lying about its age.
What would change this
What we would need to see to revise the verdict.
Our view would move if the facts changed.
- Worse: any credible report of a blocked withdrawal, a demand to pay a tax or fee before releasing funds, or a regulator warning naming helptrading.net would push this toward a scam verdict.
- Worse: evidence the '2 million-plus trades' and '1 billion dollar monthly volume' figures are fabricated, or that client deposits are not returned.
- Better: a genuine licence from a recognised regulator, verifiable on that regulator's own register in the name Help Trading LTD., would materially reduce the risk.
- Better: removing the false 'heavily regulated' claims and clearly stating it is unlicensed would at least end the misrepresentation.
Check it yourself
Official registers and warning lists. Verify every claim first-hand.
Frequently asked questions
Quick answers about this broker’s safety.
Is Help Trading a scam?
We did not find proof of theft, so we do not call it a confirmed scam. But it is unregulated, it falsely claims to be heavily regulated, and it is under three years old, so we rate it high risk. Treat it with strong caution.
Is Help Trading regulated?
No. It holds no licence from any financial regulator. It is only registered as a company in Saint Lucia (number 2024-00014), which is not the same as being licensed to run a brokerage.
Does the Saint Lucia registration mean my money is protected?
No. Saint Lucia company registration just confirms the company exists on paper. The Saint Lucia FSRA does not license these companies for financial services, so there is no regulator overseeing your funds and no compensation scheme.
Can I withdraw my money from Help Trading?
We found no public reports of refused withdrawals, but we also cannot confirm that withdrawals work smoothly. With an unregulated broker you have little recourse if a withdrawal is delayed or denied. Test a small amount first.
Is my money safe with Help Trading?
There is no licence and no investor compensation scheme behind it, so your deposits are not protected the way they would be at a regulated broker. The risk of loss is high.
Who owns Help Trading?
The site names Help Trading LTD., a Saint Lucia company (registration 2024-00014). It gives an email and an Iraqi phone number but does not name individual owners or directors.
How old is Help Trading?
The website domain was created in October 2023 and the company number dates from 2024, so the operation has under three years of history despite its confident marketing.
Where is Help Trading based?
The contracting company is registered in Saint Lucia. In practice it targets Iraq and Kurdistan, using an Iraqi phone number and local payment methods such as FIB, ZainCash and QI Card, alongside USDT crypto.
Is Help Trading a clone of another broker?
No. It does not copy a licensed firm's name or licence number, so it is not a clone. The problem is that it operates with no licence at all.
What is the minimum deposit and leverage?
The site advertises deposits from 10 dollars and leverage up to 1:1000. Very high leverage magnifies losses and is a common feature of aggressive offshore brokers.
Why does the site say it is 'heavily regulated' if it is not?
That statement is not supported by any evidence. We found no regulator that supervises this firm. Claiming to be heavily regulated while holding no licence is a misrepresentation, and a reason to be careful.
What should I check before depositing with any broker?
Confirm the licence number on the regulator's own register, check that the licensed entity name matches the website, read independent reviews for withdrawal complaints, and avoid firms that demand extra fees to release funds.
What we recommend
The practical takeaway from everything above.
Treat this broker with strong caution.
- Do not deposit money you cannot afford to lose. There is no licence and no compensation scheme standing behind your funds.
- Do not rely on the site's 'heavily regulated' wording. We could not confirm any regulator supervises this firm.
- If you already have funds with them, test a small withdrawal before adding more, and keep records of every transaction.
- Prefer a broker licensed by a recognised authority (for example FCA, ASIC, CySEC) whose licence you can check on the regulator's own register.
This is an independent assessment of risk, not a legal ruling. Scores and verdicts follow the Wikilix broker-safety methodology and can change as new evidence appears. Review scores are treated with caution when a broker’s reviews look manipulated. Last reviewed August 23, 2026. If any detail here is out of date or incorrect, or you represent this broker, please contact us.