This profile is currently being reviewed by the BestForex.io editorial team. Some information may be incomplete or subject to change.
PIPTRADE Review
PIPTRADE was a forex broker linked to the Henyep group. Its website no longer works, and the brand looks closed since around 2017.
Min Deposit
N/A
Spreads From
Not applicable, broker appears closed
Max Leverage
Not applicable, broker appears closed
Platforms
MT4 (reported, historical), PIPTRADE Webtrader (reported, discontinued)
Pros
- Reportedly linked to Henyep Capital Markets, a long running FCA authorised group
- Historically offered the widely used MT4 trading platform
- Covered a broad range of assets including forex, metals, and stock indices
- Parent group HYCM remains FCA authorised and active under other brand names today
Cons
- The piptrade.com website no longer loads and shows an error page
- No live regulator record or license number confirmed for the PIPTRADE name itself
- Site has not shown a working page in the Internet Archive since December 2017
- No way to verify current fees, spreads, or account opening today
PIPTRADE was a forex and CFD broker built for retail traders. It offered currency pairs, metals, oil, gas, stocks, and indices through MT4 and its own PIPTRADE Webtrader platform. Several broker review sites describe PIPTRADE as a trading name connected to Henyep Capital Markets UK Limited, a London group also known today as HYCM.
Today the piptrade.com website does not load and shows an error page instead of a working site. The Internet Archive shows its last saved working copy from December 2017. Independent review sites, including one that labels it plainly as a closed broker, agree that PIPTRADE stopped operating years ago.
BestForex.io could not confirm a live sign up process, current spreads, or any FCA license issued directly to the PIPTRADE name. Henyep Capital Markets UK Limited still holds FCA reference number 186171 today, but under other brand names, not PIPTRADE. Treat this broker as closed.
Max Leverage
Not applicable, broker appears closed
Spreads From
Not applicable, broker appears closed
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
