Extick Review 2025

Is Extick Scam or Legit Broker?

No, it is not safe to trade with Extick. Extick is a newly established online trading provider, which established its operation in July 2018 and offers CFD and Cryptocurrency instruments. The company states its address in London, UK while the operation is performed through the owning company PPSAI GROUP LIMITED.

• To be able to offer financial services in the UK, a company should hold a license from the well-known FCA. However, this is not the case with Extick, which means that the broker is unregulated and does not have legal permission to provide its services in the country. 

What is Extick?

Extick offers individuals the ability to trade a variety of digital assets through a web-based simple interface of a trading platform.

However, in order to be a legit firm and offer financial investment services to the public, the company should maintain and prove its sustainable positions, as well as apply various rules in order to deliver safe trading conditions.

• All this is established and controlled strictly by the local authority FCA (Financial Conduct Authority), while it is mandatory to obtain an FCA license before you start the trading business. Yet, Extick didn’t bother to receive a license and be authorized. Therefore, it is unknown what kind of business they are doing, and especially how they treat the investors' funds.
• Still, the company is a very fresh issue and there is no evidence or confirmation of their fraud nature, yet the operation with no license is definitely a good start for brokerage.

Extick Review Conclusion

We advise all investors and traders to avoid Extick and other unregulated brokers. The lack of information about the broker’s regulations, trading conditions, and contact details should be the biggest red flag for those who plan to invest with the entity. Usually, such companies run investment scams. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as FP Markets and BlackBull Markets.

Extick Update

We found that the Extick website is inactive. This means the broker has muted its trading offering and does not operate. However, we recommend avoiding and staying alert in case of any proposals.