Score
Tradeland
Saint Vincent and the Grenadines|5-10 years| https://tradeland.asia/
Website
Rating Index
Contact
Licenses
Licensed Institution：VANTAGE GLOBAL PRIME PTY LTD
License No.：428901
Single Core
1G
40G
1M*ADSL
- The claimed AustraliaASIC regulation (license number: 428901) is verified as a clone firm. Please pay attention to the risk!
Basic information
Saint Vincent and the GrenadinesA Visit to Tradeland in Australia - Fake Address
It is ascertained by the investigation staff that the address of Tradeland is inconsistent with that from the regulatory information. The broker’s alleged ASIC MM licence(No.428901) was suspected to be a cloned licence.
AustraliaA Visit to Tradeland in Australia - Fake Address
It is ascertained by the investigation staff that the address of Tradeland is inconsistent with that from the regulatory information. The broker’s alleged ASIC MM licence(No.428901) was suspected to be a cloned licence.
AustraliaAccount Information
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Company Summary
Risk Warning
Tradeland is an offshore forex broker registered in the Saint Vincent and the Grenadines,
Please note that that the claimed ASIC regulatory License (License No. 428901) was verified as a clone firm. Please pay attention to the risk caused by this potential scam.
WikiFX Field Survey
The WikiFX survey team paid a visit to Australia to see if the actual office address is consistent with its claimed address at Level 29, 31 Market Street, Sydney NSW 2000.
However, the investigation staff confirmed that it was not Tradeland, but Vantage FX, on the 29th floor. Therefore, it is clear that Tradeland just use another legit brokers office address to pose as a legit broker too.
Account Types
Tradeland offers five types of trading accounts to suit different traders‘ trading needs, namely Micro, Standard, Professional, ECN, and Islamic accounts. To open a Micro account, only a low initial deposit of $10 is enough, which is in line with most legit brokers’ requirements.
Overall, the minimum deposit required by each account is quite moderate. Islamic account is also available on the Tradeland platform.
Trading Platform
Tradeland says it offers the industry-leading MT4 trading platform, which is surprisingly. However, given the fact that Tradeland is an unregulated offshore forex broker, traders should choose a legit forex broker who offers the MT4/MT5 trading platform.
Customer Support
Traders can reach out to Tradeland about any questions or concerns they may have about their accounts or their trading through the following methods:
Telephone: +1732835 2679
Risk Warning
There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.
The information presented in this article is intended solely for reference purposes.
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- Clone Firm Australia
- High potential risk
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