Trade12 was an online trading brand that offered retail clients access to contracts for difference (CFDs) on forex, indices, commodities, and stocks. The brokerage was operated by Exo Capital Markets Ltd., a company registered in the Marshall Islands and formerly licensed by the Vanuatu Financial Services Commission (VFSC), a low-tier regulatory body. The company primarily used the MetaTrader 4 (MT4) trading platform. Its history is marked by numerous regulatory warnings from reputable financial authorities worldwide, leading to its eventual closure. The official website is no longer active.