Prop firms · Is it legit?
Is BuoyTrade legit?
BuoyTrade scores 3.8/5 on Trust and 3.1/5 on Payouts in the Tradoshi 2027 ranking, #157 of 276 with 64.7/100. No warning was found on the regulator lists checked.
Tradoshi 2027 ranking, data as of October 30, 2026. Methodology
What our checks show
High scores (4 or 5 out of 5)
- Regulator warnings
- Registered company and age
- Identity and contact
- Published processing time
- Payout history and incidents
- Suspicious review warning
- Rule clarity
- Rules restricting how you trade
- Secure website
Low scores (1 or 2 out of 5)
- Regulated execution partner
- Honest marketing
- Public payout proof
- Withdrawal terms and methods
- Trader rating (Trustpilot and Google)
- Number of reviews
- Protected domain (SPF, DMARC, headers)
A low score reflects what the scale recorded on that criterion, not a fault by the firm: each criterion name links to its scale. These checks describe what was published on the dates shown. They guarantee neither a future payout nor that the rules stay the same: check with the firm before buying.
The detail, criterion by criterion
Company and regulators
| Criterion | Score | What was recorded |
|---|---|---|
| Regulator warnings | 5/5 | Not on the lists of the AMF, I-SCAN (IOSCO), ASIC, FINMA, CNMV or the CFTC RED List (source) Read on October 28, 2026 |
| Registered company and age | 4/5 | BUOYTRADE PRIVATE LIMITED (984500D0B7CD788EA150), registered on 2021-02-04 (source) Read on October 29, 2026 |
| Identity and contact | 5/5 | BuoyTrade Private Limited (202104630D) is not a broker and do not accept deposits. (source) Read on October 28, 2026 |
| Regulated execution partner | 2/5 | Powered With Tradingview (source) Read on October 28, 2026 |
| Honest marketing | 1/5 | The objective of BuoyTrade Direct programme is to find trading talents and assess if you can adhere to our rules for trading our live capital. (source) Read on October 28, 2026 |
Payouts
| Criterion | Score | What was recorded |
|---|---|---|
| Public payout proof | 1/5 | – Read on October 28, 2026 |
| Published processing time | 4/5 | The payouts are processed within 1-2 business days upon receiving the Invoice. (source) Read on October 28, 2026 |
| Payout frequency and first payout | 3/5 | The account profit split is done on a bi-weekly basis . (source) Read on October 28, 2026 |
| Withdrawal terms and methods | 1/5 | – Read on October 28, 2026 |
| Payout history and incidents | 5/5 | – Read on October 28, 2026 |
Trader reviews
| Criterion | Score | What was recorded |
|---|---|---|
| Trader rating (Trustpilot and Google) | 2/5 | Trustpilot 3.2 from 20 reviews (source) Read on October 28, 2026 |
| Number of reviews | 1/5 | 20 reviews (source) Read on October 28, 2026 |
| Suspicious review warning | 5/5 | No Trustpilot warning on the profile (source) Read on October 28, 2026 |
Rules
| Criterion | Score | What was recorded |
|---|---|---|
| Rule clarity | 4/5 | 13/14 rules documented (source) Read on October 28, 2026 |
| Rules restricting how you trade | 4/5 | – (source) Read on October 28, 2026 |
Website security
| Criterion | Score | What was recorded |
|---|---|---|
| Secure website | 5/5 | certificate valid for 86 more days Read on October 28, 2026 |
| Protected domain (SPF, DMARC, headers) | 2/5 | 2 points out of 5 (SPF, HSTS) Read on October 28, 2026 |
Frequently asked questions
Is BuoyTrade regulated?
A prop firm usually sells an evaluation program and is not a licensed broker. The company name recorded is BuoyTrade Private Limited, Singapore. No warning was found on the regulator lists checked.
Does BuoyTrade pay its traders?
Its Payouts pillar scores 3.1/5: it measures what is published on proof, timing, frequency and payout incidents. It does not guarantee a future payout.
What do reviews say about BuoyTrade?
Trustpilot 3.2 from 20 reviews. The Reviews pillar scores 2.7/5.
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