Score
Tedex
Saint Vincent and the Grenadines|2-5 years| https://tedex.co
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Saint Vincent and the Grenadines
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskAccount Information
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Website
tedex.co
Server Location
United States
Website Domain Name
tedex.co
Server IP
172.67.147.40
Company Summary
General Information
Registered in Saint Vincent and the Grenadines, Tedex is an online forex broker owned and operated by a company called Vemillion Consulting LLC. There is no evidence showing that Tedex is subject to any regulation.
Tedex claims that it offers clients access to a bulk of more than 200 trading instruments, including currency pairs, indices, shares, and commodities, three trading accounts for retail and professional traders to choose from.
Market Instruments
Tedex hypes that it offers the opportunity to trade with 5 asset categories of more than 200 trading products. Over 50 Currency Pairs, 14 Indices, 150 Shares and 14 Commodities are available with this brokerage platform.
Account Types
Three trading accounts are available with both retail and professional traders, namely Standard, Professional and Elite.
Standard accounts are suitable for traders of all trading experience and levels, with an acceptable minimum deposit of € 250. Other account offering include real-time data, financial market news, stop loss/take profits and more. While detailed technical analysis and automated trading are not available.
Professional accounts are designed for professional and advanced traders, which requires a higher initial deposit, from € 2,500. Account features are same as the Standard accounts.
Elite accounts are ideal for traders with high trading volume and to open this account, you need fund at least € 25,000. Elite account holders can enjoy premium account services, including real-time data, financial market news, detailed technical analysis, automated trading, negative balance protection, multilingual customer support.
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Leverage
Trading leverage is determined by trading accounts. With Standard and Professional accounts, investors can use the leverage up to 1:50. And Elite accounts offer a high leverage up to 1:300. Leverage can magnify gains well as losses, inexperienced traders are not advised to use high leverage.
Spreads & Commissions
Tedex says it offers a zero-commission trading environment and the spread is determined by trading accounts. The Standard account offers spreads from 0.13 pips, Professional account from 0.1 pips, Elite account from 0.0 pips. It appears that spreads offered by Tedex is quite competitive, so investors are advised to practice the trading environment using a demo account first.
Welcome Bonus
To attract new investors, Tedex offers a welcome bonus plan, with all three trading accounts applicable. The Standard and Professional accounts offer a 15% welcome bonus, and the Elite account offers twice the amount, up to 30%.
Trading Platform Available
When it comes to trading platform available, Tedex offers its clients a WebTrader, instead of the industry-leading MT4 or MT5 trading platform.
Deposit & Withdrawal
Tedex accepts four payment options for its clients to make a deposit and withdrawal: VISA, MasterCard, Wire Transfer, Bitcoin.
The minimum deposit is $250 or the equivalent value on other currencies, and deposit fees via Credit Cards, Wire Transfer depends on the bank.
Withdrawal
Concerning withdrawal, the minimum withdrawal amount is $100 or the equivalent value on other currencies. Withdrawal fees via credit cards, wire transfer depend on the bank, and withdrawal through Bitcoin, according to Tedex, does not charge any fee.
Please note that withdrawal requests are restricted if a trading account has a negative balance, the withdrawal request is lower than $100.
Educational Resources
Tedex offers some educational resources to help its clients quickly acquaint themselves with the forex and CFD trading. They include some trading knowledge including trading ways, trading strategies, as well as Economic Calendar, Market News, and Charts.
Customer Support
You can get in touch withTedex through a contact form, requiring you to fill out some details, then waiting to be connected.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
News
Exposure Tedex and its Representative: Scoundrel and Nasty!!!
Some forex brokers scam their clients in the dark. However, some brokers and representatives perform “daylight robbery” in a demanding and entitled manner. Tedex is the latter!
2022-10-27 15:30
Exposure WikiFX Scam Alert: Pls stay away from Tedex!!!
The Italian regulator CONSOB issued an official warning against Tedex on September 12th!!!
2022-09-14 14:39
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Lilly1828
Sao Tome and Principe
A broker detedex .co scammed me 12,800 €. At first I made a transfer with Carda , then an advisor contacted me to invest more money then he let me download it on my Anydesk laptop. So he got into my computer to make a loan on my CaixaBank bank in Barcelona Spain, promising to return it in three days. Then I withdrew, he told me to pay tax in the UK. And I transferred €1500 there. I realized I was scammed.
Exposure
03-21
clau5030
Spain
A broker from Tedex.co tricked me of 12800 euros. First, I used a card to transfer money, and then a consultant contacted me to invest more money. Then he asked me to download anydesk on my laptop, which is why it infiltrated my computer and took out a loan from my bank Caixabank in Barcelona, Spain. They promised to repay it within three days, then withdrew it and told me to pay taxes in the UK. I transferred 1500 euros there, and I realized I had been deceived
Exposure
2023-06-06
Andi33
Hungary
n May of this year, I wanted to withdraw 2,000 Euros from my Tedex account. There were 13,700 Euros in this account. The broker asked for 1,500 Euros for this transaction. After I didn't pay this, he blocked my account and our WhatsApp connection. Since then I have not been able to access my account. On the first of September, I was contacted by email by another agent from TEDEX who claimed to be a lawyer. He informed me, among other things, that my account has more than 300,000 dollars, which they can only pay if it is in my bank account! (to which I would like to transfer the amount) 10% of the 300,000 dollars is deposited. Since then I haven't been able to access my account.
Exposure
2022-10-05
ㅤ93628
Singapore
I recently came across Tedex, a forex brokerage company registered in Saint Vincent and the Grenadines. While some brokers are legitimately registered in this location, it's also a common place for scammers to set up shop due to lax regulations. As a result, I feel it dangerous to rushly deposit money here.
Positive
2023-03-23
张永乐 远通集团
United States
Tedex is registered in Saint Vincent and the Grenadines, without any regulatory license, and now the website can no longer be opened! Don't waste your time here friends.
Positive
2022-12-20