Is Company TradeLTD a Trustworthy Broker or a Mysterious Player?
TradeLTD, an online brokerage firm alleging its registration in Tallinn, Estonia, and regulatory compliance, raises doubts as the website lacks a visible license scan and number. Furthermore, the site’s recent establishment in 2019 casts uncertainty on the company’s experience.
Trading Possibilities with TradeLTD
- TradeLTD’s proprietary platform, with a recommendation for careful consideration before installation.
- Mirror Trader platform enabling automatic duplication of successful traders’ activities.
- RoboX for auto trading based on predefined strategies.
- MetaTrader4, a renowned trading platform acknowledged as a classic.
Trade options are available in both the stock and Forex currency markets.
Selection of Trading Accounts
TradeLTD provides 5 distinct trading accounts with varying conditions based on the investment amount.
- STANDARD. Initial investment starting from $200. Leverage at 1:100, spreads from 2.2 points, with a 50-cent commission per trade.
- SILVER. For accounts holding funds from $1,000 to $5,000. Leverage at 1:200, spreads from 1.9 points, offering a $1 cashback per lot within a month.
- GOLD. Suited for investments ranging from $5,000 to $25,000. Leverage at 1:200, spreads from 1.6 points, providing cashback up to $3 per lot over two months of trading.
- PLATINUM. Minimum deposit amount set at $25,000 to $50,000. Leverage same as GOLD, spreads from 1.3 points, offering cashback up to $5 per lot for three months.
- VIP. Investment requirement starting from $50,000. Leverage at 1:200, spreads from 0.9 points, with a cashback up to $10 per lot over six months.
Deposits and Withdrawals
TradeLTD supports various options for depositing and withdrawing funds, including bank cards, transfers, and e-wallets. The minimum withdrawal amount is set at $50 or euros, without any withdrawal charges. Funds are returned to the same account used for the initial deposit.
Final Thoughts
TradeLTD may trigger skepticism due to its obscure address and lack of regulation. While the broker provides a comprehensive outline of trading terms and risks, significant concerns and uncertainties persist.
This review has been prepared by the specialists at ExpertsReview.
