Trading Times
Details about the Brokerage Firm “Trade Hours”
Trade Hours is a brokerage firm positioning itself as an innovative and reputable player in the financial market. However, the exact date of establishment remains undisclosed. The company has established offices in four key locations: Moscow, Singapore, the United Kingdom, and Cyprus. Trade Hours is officially registered in the Marshall Islands at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands MH 969. While the license information is not visibly displayed on the website, the user agreement asserts that the firm operates in compliance with the laws of the Marshall Islands. The entity representing Trade Hours is Trading Times Ltd.
Offered Products
Under the “Product Portfolio” section, Trade Hours elaborates on the range of trading instruments available for Forex trading:
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Equities,
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Indices,
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Commodities such as metals, wheat, rice, soybeans, coffee, among others,
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Bonds.
Clients can also engage in options trading, stock trading, and futures trading on the platform. Trade Hours extends portfolios consisting of stocks from prominent companies, comprising three distinct portfolios:
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“Conservative” – includes 8 stocks priced under $100 each, tailored for novice traders, offering an approximate quarterly yield of 10.57%, with a 3-month duration and initial investments up to $10,000,
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“Balanced” – consists of 14 stocks priced between $100 and $400 each, providing a quarterly yield of around 18.12%, lasting up to 1 year, with investments ranging from $10,000 to $50,000,
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“Mixed” – encompasses 21 stocks of varying values, yielding an average of 27.6% per quarter, with durations spanning from 6 months to 3 years, and investments starting from $50,000.
Trading Terms and Account Options
The firm offers multiple account types, albeit specific details are not currently available. Upon selecting the “Try” option, users are directed to a registration form. Vital information concerning trading conditions, including minimum deposit requirements, is yet to be disclosed.
Trading Platform
Trade Hours facilitates trading activities through the utilization of the Metatrader 5 platform, accessible for download via their website. A mobile version compatible with Android and iOS devices is also provided.
Deposits and Withdrawals
Presently, information regarding account funding methods and withdrawal procedures is not featured on the Trade Hours platform. Essential details, such as withdrawal processing times and associated fees, are not readily available. The website solely exhibits logos of electronic payment systems and bank cards.
Personal Account Management
Accessing the personal account necessitates completing a standard registration process, akin to other online platforms. Prospective users are required to fill out a registration form, submitting details like their name, surname, country of residence, and phone number. Furthermore, individuals must be of legal age to initiate an account.
The personal account serves as a repository for users’ personal information and financial transaction records. It enables users to modify their passwords and privacy settings at their discretion.
Final Thoughts
Trade Hours offers a news segment, an economic calendar, educational resources, and customer support services available around the clock on weekdays. The brokerage firm provides four distinct email addresses and a phone number with a British dialing code for customer inquiries. Trade Hours assures clients of a secure and convenient trading experience and recommends a thorough review of the user agreement and online trader feedback to construct an informed perspective of the firm.
This review has been prepared by the specialists at ExpertsReview.