CARLTON Review 2026: Comprehensive Safety Assessment

Executive Summary

In this in-depth review, we analyze the key metrics and safety profile of CARLTON to determine its viability for traders in the current market. The broker was established in 2023 and is registered in Saint Lucia, operating primarily as an offshore entity. Despite its relatively recent entry into the market, the platform has already garnered significant attention due to its low trust indicators.

As a broker entity, CARLTON focuses its services on regions like Slovakia and India. However, its safety rating is alarming; the WikiFX system has assigned it a score of 1.98 out of 10, signaling a “Stay Away” warning. The firm operates without valid regulatory oversight, which is a fundamental red flag for any financial service provider. While the review 2026 perspective considers the latest data, the historical foundation of this broker suggests high risk.

1. Regulation & Safety Protocols

The most critical aspect of our audit is the regulation operates under—or in this case, the lack thereof. CARLTON presently holds no valid license from any Tier-1 authority such as the FCA (UK) or ASIC (Australia). Instead, it is registered in Saint Lucia, a jurisdiction that does not strictly regulate forex trading activities or enforce segregated accounts to the same standard as top-tier hubs.

This absence of supervision means that regulation is essentially non-existent for client protection. Traders have no recourse to compensation schemes if the broker becomes insolvent. For an industry where fund safety is paramount, trading with an unregulated provider exposes capital to significant danger.

2. Forex Trading Conditions

For traders focusing on Forex instruments, CARLTON offers an aggressive environment typical of offshore entities. The broker provides access to Currency pairs, metals, cryptocurrencies, and indices.

• Leverage: The platform offers maximum leverage of up to 1:500. While this allows for significant market exposure with small capital, it drastically increases the risk of liquidation. High leverage is often a double-edged sword that unregulated brokers use to attract inexperienced traders.
• Spreads and Costs: The account structure includes Standard, Premium, Pro, and Zero options. Spreads on the Standard account are cited as “40-50” for Forex pairs (likely points, translating to 4-5 pips, or raw pips if execution is poor). The “Zero” account claims spreads “under 10,” but without regulatory verification of execution quality, these costs remain opaque.

3. User Feedback & Complaints

Analyzing user sentiment is crucial for a transparent assessment. In the past three months alone, WikiFX has received 11 complaints against this broker. A specific case highlights severe ethical concerns beyond standard trading issues.

Case Study: Unethical Business Practices

On April 21, 2024, a user from the UAE reported that CARLTON acts merely as an Introducing Broker (IB) for another entity regulated in Anguilla. The complaint alleges that the company hires staff on visit visas, withholds salaries, and exploits them solely to generate business turnover. The user described the operation as a potential “exit strategy,” where the operators intend to extract profits and leave the region. This type of feedback suggests profound internal instability.

Although this specific case focuses on labor and business ethics, users should always be vigilant regarding their account access. Ensuring the security of your login credentials is vital when dealing with entities facing such serious allegations.

4. Software & Access

CARLTON utilizes the MetaTrader 5 (MT5) platform and a self-developed trading interface. MT5 is an industry standard known for its advanced charting and algorithmic trading capabilities. However, reports indicate that the broker regretfully does not support mobile applications for iOS or Android, limiting access to PC terminals.

For those who do trade, the login process typically supports standard encryption, but the lack of biometric authentication is a noted disadvantage. To access the platform, traders must complete the login security steps on a desktop environment. The absence of mobile accessibility in a modern trading landscape is a significant drawback for traders who require on-the-go portfolio management.

Final Verdict

To summarize, CARLTON presents a high-risk profile. With a score of 1.98, zero valid regulation, and serious allegations regarding its business practices, it fails to meet the safety standards required for a recommendation. The aggressive leverage and MT5 availability do not outweigh the risks of dealing with an unregulated offshore entity.

For real-time updates on regulation status or to verify the official login page to avoid phishing sites, consult the WikiFX App.