Trade True
About Trade True
TradeTrue is a trading platform designed to guide you on your trading journey and help you learn the ropes of trading in liquid assets to earn profits. While the company claims to have American roots, their official website trade-true.com is currently only available in Russian.
Upon visiting the site, you will come across a section labeled “About the Company” showcasing a certificate issued in the name of Trade True. Regrettably, details regarding the issuing organizations for the certificate remain undisclosed. Unfortunately, the certificate cannot be enlarged for closer scrutiny. Several aspects of the company’s operations raise doubts after perusing the website:
- The absence of information on regulatory bodies and licenses for brokerage services.
- No disclosure of details about the founders and project leaders.
- The undisclosed launch date of the platform.
- Lack of internal documentation governing client relationships on the website.
If you wish to reach out to the broker’s representatives, you can either engage in an online chat or dial the USA phone number provided.
Trading Tools and Platforms of Trade True
TradeTrue offers its proprietary platform for your trading activities. The platform provides you with the tools necessary to engage in various trading ventures:
- CFDs on currency pairs.
- CFDs on stocks.
- CFDs on cryptocurrencies.
- CFDs on ETFs.
Additionally, the platform allows you to profit from trading binary and digital options.
TradeTrue Trading Accounts
The company does not offer pre-set trading accounts, leaving uncertainty regarding the minimum starting amount and the currency required for account opening. Moreover, essential trading indicators such as leverage, swaps, spreads, and commissions are not publicly disclosed.
To explore the platform’s functionalities and test trading strategies, a demo account with a $10,000 balance is at your disposal. By initiating a real account with a $150 deposit, you are entitled to a bonus double the deposited amount.
Account Funding and Withdrawal from “Trade True”
The site’s footer showcases logos of supported payment systems for financial transactions, allowing you to fund your account and withdraw funds devoid of any charges.
The withdrawal guidelines are outlined in the FAQ section:
- Withdrawal necessitates a minimum of 10 trading operations.
- The company does not cover expenses related to conversion and other withdrawal services.
- Withdrawal limits are set at a minimum of $100 and a maximum of $5,000 per transaction, $15,000 per week, and $60,000 per month.
- The company disclaims responsibility for payment processing delays.
- Withdrawals up to $5,000 are processed within 3 business days, while amounts exceeding this threshold require 5 days for processing.
Irrespective of the withdrawal sum, the company administration reserves the right to verify earnings within one to seven days.
Conclusion
Due to the lack of transparent information about its operations, TradeTrue fails to provide potential clients with the means to objectively assess its credibility and future collaboration prospects. To gain insights into the feasibility of investment in the broker’s platform and trading under its terms, it is advisable to refer to reviews about TradeTrue.
This review has been prepared by the specialists at ExpertsReview.