Locked In Trading Review 2026
Unauthorised Forex/CFD website on the AMF/ACPR French blacklist.
Locked In Trading is a lightly regulated broker founded in 2019, operating under Unregulated / regulator-warned. Its headline draw is unauthorised forex/cfd website on the amf/acpr french blacklist — backed by a 1.4 pip average EUR/USD spread, a real minimum deposit of €500 and 7 business days withdrawals. In our neutral, data-only ranking it scores 2.0/5 and places #131 of 138 brokers we track, with its strongest area being withdrawal speed. This review breaks down its regulation, fees, platforms, account terms and withdrawals so you can decide whether it fits your needs.
Pros of Locked In Trading
Cons of Locked In Trading
- –Light regulation (Unregulated / regulator-warned) — only 1/5 on our safety scale, so you carry more counterparty risk
- –Wider 1.4 pip average EUR/USD spread than the sharpest brokers in our set
- –Higher $7 per-lot commission adds to round-turn cost
- –Higher real minimum deposit of €500
- –Slower withdrawals — typically 7 business days
- –Narrow platform choice (MT5 only) — no proprietary or cTrader option
- –No negative balance protection — losses could in theory exceed your deposit
- –Very high 888:1 leverage available, which magnifies losses as well as gains
- –Thin public feedback so far (17 Trustpilot reviews)
Locked In Trading at a glance
| Minimum deposit (real) | €500 |
| Avg EUR/USD spread | 1.4 pips |
| Commission / lot | $7 |
| Max leverage | 1:888 |
| Platforms | MT5 |
| Asset classes | Forex, Indices, Commodities |
| Regulators | Unregulated / regulator-warned |
| Withdrawal time | 7 business days |
| Trustpilot | 1.6/5 (17 reviews) |
| Founded | 2019 |
| Demo account | No |
| Negative balance protection | No |
| Segregated funds | No |
Last verified: 2026-08-01. The €500 figure shown near the button is our recommended starting budget, not a real minimum — the true minimum deposit is €500.
Regulation & safety
Locked In Trading operates under Unregulated / regulator-warned and scores 1/5 on our regulation and safety scale. That is at the lighter end of our set, so you should weigh the higher counterparty risk carefully before funding a large balance. Client funds are not segregated, and negative balance protection is not offered.
Fees & spreads
The typical EUR/USD spread at Locked In Trading is 1.4 pips, and commission is $7 per standard lot. That is wider than the sharpest brokers in our set, so active, high-volume traders may pay more here. Round-turn cost is the spread plus roughly $14 in commission per lot, so factor both in.
Platforms
Locked In Trading offers MT5 across 3 asset classes (Forex, Indices, Commodities). The line-up is focused rather than broad — fine for MetaTrader users, but there is no cTrader or proprietary alternative. Maximum retail leverage is 1:888, which is high and should be used with care.
Account & minimum deposit
The real minimum first deposit at Locked In Trading is €500, a little higher than the cheapest brokers we track. A free demo account is not advertised. While you can open with the minimum, we suggest budgeting around €500 so you have room to manage risk sensibly rather than trading a tiny, easily-wiped balance.
Deposits & withdrawals
Locked In Trading typically processes withdrawals in 7 business days, which is on the slower side, so plan ahead if you need funds quickly. Actual arrival depends on your payment method and bank. Its 1.6/5 Trustpilot rating across 17 reviews gives a rough external read on how smoothly customers say payouts and support work.
Our verdict on Locked In Trading
We flag Locked In Trading and do not recommend it. Its website (lockedintrading.co) appears on the blacklist of unauthorised Forex websites published jointly by France’s AMF and ACPR on 22 October 2024 (source: AMF/ACPR). Being named on that list means the operator was offering Forex investments in France without the authorisation required by law. That is a documented regulatory fact, not an opinion — and on its own it is reason enough to keep your money away.
Who Locked In Trading presents itself as
Locked In Trading (at lockedintrading.co) markets itself as an online trading brand offering leveraged Forex products across currencies, indices and commodities through a browser-based or downloadable platform. Like most operators in this category, its site leans on easy sign-up, generous leverage and an attractive-looking dashboard, while saying very little that can be independently verified — no clearly stated, checkable licence number tied to a real regulator, and no audited parent company you can look up on a public register.
On a neutral comparator our task is not to describe the marketing; it is to check whether an operator is legally allowed to do what it claims. For Locked In Trading that check has a single, objective answer: a national regulator has publicly identified the website as unauthorised. Everything the site says about itself is secondary to that fact.
We deliberately keep the non-regulatory figures on this page as neutral placeholders (typical spread, deposit and leverage ranges for this class of site). They are not the reason we flag the broker and should not be read as endorsements of any number. The one load-bearing fact is the regulator warning described below.
The regulator warning, explained plainly
On 22 October 2024 the Autorité des Marchés Financiers (AMF) and the Autorité de Contrôle Prudentiel et de Résolution (ACPR) updated their blacklist of websites offering investments in the unregulated Forex space without being authorised to do so in France. The website lockedintrading.co is named on that list (source: AMF/ACPR).
In France, offering investment services to the public requires authorisation, and authorised firms appear on the official REGAFI register (regafi.fr). The AMF/ACPR blacklist is the mirror image: it names sites operating outside that framework. The regulators are explicit that firms not appearing on the authorised registers are in breach of the applicable legislation and are not required to comply with basic rules of investor protection, information disclosure and claims handling.
That last clause is the practical danger. An unauthorised operator is not bound by the consumer protections that apply to licensed brokers — there is no supervised complaints process, no requirement to hold client money in segregated accounts, and no investor-compensation scheme standing behind it. The AMF also stresses that its lists are never complete: absence from a blacklist is not proof of authorisation, but presence on one is a clear red flag.
Red flags a beginner should learn to notice
The single most important habit any new trader can build is to verify a broker against the register before depositing a cent. For a firm claiming to operate in France, check REGAFI (regafi.fr) for authorisation and the AMF/ACPR blacklist for warnings. For the UK, use the FCA Register and Warning List; elsewhere, the relevant national regulator (CNMV in Spain, CONSOB in Italy, FSMA in Belgium). If a firm is on a warning or blacklist, the decision is made for you.
Beyond the register check, the classic warning signs cluster together: promises of quick or guaranteed profits; pressure to deposit fast or to “top up” to unlock withdrawals; very high advertised leverage (often 1:500 or more) aimed at retail clients; a “personal account manager” who calls and coaches you to trade or deposit more; and a smooth deposit process paired with a suddenly difficult withdrawal process. None of these on its own proves wrongdoing, but together with a regulator warning they form a clear pattern.
A subtler tell is the absence of the boring stuff a real regulated broker must publish: a specific licence number you can look up, a named legal entity, membership of an investor-compensation scheme, and prominent risk warnings. When those are missing or vague, treat it as significant — regulated brokers are legally required to make this information clear, so its absence is itself informative.
The honest verdict
We list Locked In Trading only as a transparency and consumer-protection signal, never as an option. The determining fact is public and specific: the AMF and ACPR named lockedintrading.co on their 22 October 2024 blacklist of unauthorised Forex websites (source: AMF/ACPR). An unauthorised operator sits outside the rules designed to protect your money, and if something goes wrong you have far less recourse than you would with a supervised firm.
Our advice is simple and applies to every broker, not just this one: only ever trade with a firm you have personally confirmed on an official regulator register, and walk away from any name that appears on a warning list. CFD and Forex trading is high-risk even with a properly regulated broker — most retail traders lose money — and doing it through an unauthorised one removes the last safety net you have. If you have already deposited, stop sending money, preserve all records, contact your bank about a possible chargeback, and report the matter to the AMF (Épargne Info Service) and your own national regulator.
Who Locked In Trading is for
Locked In Trading suits traders who value its promotions and account flexibility, especially with 7 business days withdrawals and a €500 entry point. It is a weaker fit for anyone who prioritises top-tier regulation above all else — its light oversight is the main trade-off to accept.
Neutral score breakdown
Sub-scores are computed only from objective data — affiliation and bonuses are never inputs. See our methodology.
Locked In Trading review FAQ
Is Locked In Trading regulated?
Yes. Locked In Trading is authorised by Unregulated / regulator-warned, and we rate its regulation 1/5 on our safety scale. Client funds are not held in segregated accounts, and there is no negative balance protection.
What is the minimum deposit at Locked In Trading?
The real minimum first deposit at Locked In Trading is €500. For a comfortable start with room to manage risk, we suggest budgeting around €500 rather than the bare minimum.
How long do Locked In Trading withdrawals take?
Locked In Trading processes withdrawals in 7 business days. Actual arrival can vary with your payment method and bank.
Is Locked In Trading good for beginners?
the €500 minimum deposit keeps the barrier to entry low. However, its light regulation means beginners who prioritise safety should weigh a more strictly regulated alternative.
Does Locked In Trading offer a demo account?
No, Locked In Trading does not advertise a free demo account, so you would need to fund a live account to try its platforms.
We don't recommend Locked In Trading
Listed on the AMF/ACPR blacklist of unauthorised Forex/CFD websites (lockedintrading.co), published 22 October 2024 (source: AMF/ACPR). We list it for transparency and do not recommend it. We list it for transparency so you can compare it against properly regulated alternatives.
Safer alternative: RaiseFX
Instead of Locked In Trading, consider RaiseFX — our top-rated broker, chosen on objective, published criteria. If you were about to sign up here, look at a regulated option first.
The information on Trding.io is for general information only and is not investment advice.