Broker check

Is PDAX safe?

PDAX is a broker licensed by National regulator (verified on the register). Our global rating is Caution, 69 out of 100. Below: why it scores this way, what each regulator means for client protection, and how to verify.

Caution
69 / 100

Showing results for Global

Global rating: 69 Caution · evidence 61/100

Licences verified
National regulator
Global score
69 / 100
Evidence
61 / 100
Last checked
30 Oct 2026

Why this score

Global rating 69 out of 100, Caution. Last checked 30 Oct 2026.

Reason
Regulatory record not yet checked
Cap applied
Score capped at 74: regulatory record not yet checked
Regulation
27 / 40
Client protection
Not yet checked
Regulatory conduct
Not yet checked
Track record
Not yet checked
Transparency
4 / 5
Evidence confidence
61 / 100

Pillars marked “Not yet checked” are left out of the score rather than counted as zero; they lower evidence confidence instead. Nothing commercial affects a score, verdict or ranking.

What the verdict means

PDAX is rated "Caution" globally. Verdicts come from a fixed, rule-based method applied identically to every firm.

  • Verified

    Score 75+, research complete, and an active tier 1 or 2 licence held by the entity serving retail clients.

  • CautionThis record

    Active, with enough evidence to score, but short of Verified. Read the reason before you deposit.

  • High risk

    Verified adverse evidence only: a regulator warning, or a licence revoked or suspended in the last 2 years.

  • Insufficient data

    Not enough verified evidence yet to rate. Not a judgement either way.

  • Under review

    Our researchers are re-checking this record. No score is shown until they finish.

  • Not active

    Inactive, redirected or merged. No score is shown.

See the methodology for how scores are built.

Who regulates PDAX

Active licences verified on the regulator's register in our latest research:

National regulator

(National regulator)

Country not recorded

How to verify this yourself

Take a few minutes to check official registers directly:

  1. 01

    Find the official register of the regulator listed above. Use the regulator's own site, not a link from the broker.

  2. 02

    Search for the firm's name or licence number.

  3. 03

    Check that the licensed legal entity matches PDAX's account terms and that status is current.

  4. 04

    Check permissions cover the instruments you plan to trade.

Alternatives to PDAX

Comparable brokers with an equal or higher score:

The record

Public verification fields held for this entity:

Global verdict
Caution
Global score
69 / 100
Licences verified
National regulator
FCA warning
None recorded
Last checked
30 Oct 2026

Check the regulator's register before depositing. We take no affiliate commissions from brokers, prop firms or educators, and rated entities cannot be our affiliates. Verdicts are computed from regulator records and are not for sale.

verify.trading provides records and analysis, not investment advice; trading involves significant risk of loss. Absence of a regulatory action is not an endorsement, and absence from a regulator's list is not proof of authorisation.

PDAX: questions answered

Is PDAX regulated?
Our record lists PDAX as regulated by National regulator. Confirm each licence on the regulator's own register, because a listing here is a pointer and not proof.
Is PDAX FCA regulated?
Our record does not show PDAX on the FCA register. Check register.fca.org.uk directly if you need to be sure.
Where is PDAX regulated?
PDAX is listed with National regulator.
Is PDAX safe?
Our record gives PDAX a verdict of "Caution" with a global score of 69 out of 100 (regulatory record not yet checked). Verdicts come from a fixed scoring method applied to every firm, never from payment, and are not a guarantee about the future. Safety also depends on the entity you open an account with, so check the licence on the register before you deposit.
When was the PDAX record last checked?
The PDAX record was last checked on 30 October 2026. Scores are updated when new research is approved.

Run the full check on PDAX

Ask answers from the verified registry with sources, and covers anything this record does not.