Trade99 Review: Is Trade99 a Legit Broker?
Wise is the trader who would go to lengths just to safeguard not only potential profit but also the integrity of the trading industry. The funds that one would be depositing to it are more than secured through its encryption system. A diligent trader who values all his or her ventures with the aim of securing profits would do actual legwork by doing research.
Company activitySee all
Boasting of advanced trading tools, MT4 has an intuitive interface. Trading platform — Trade99 offers multiple trading accounts to its traders. The different trade99 review account types are Standard, Silver, Gold, and platinum. It is $250, $2500, $5000, $10,000 for standard, silver, gold and platinum accounts respectively.
Trade99: The Cryptocurrency Exchange
They reply had such bad grammer that I sense they are a scam too… Supreme Account requires a minimum deposit of $300 worth of Bitcoins. This itself would already guarantee the trader to trade over 190 assets along with daily market reviews for traders to determine trends. While this account type is a great starter pack for any online trader, it is very limiting for the advanced trader. Trade99 has created quite an emphasis on readily-available customer support – whether it is a technical or fundamental inquiry. Trade99’s brokerage services provide a 24/7 live chat support that is readily available for all the clients’ needs.
- As many online trading platforms have cropped up in recent years, trading has become more accessible and less consuming these days.
- No matter your experience level, download our free trading guides and develop your skills.
- There is a separate section on the website where one can find the FAQ section, which can provide the answers to the common traders’ issues.
Do demo accounts expire?
As an offshore broker, Trade99 offers its services to essentially anyone with a computer, regardless of local regulations on online brokers. They do give a list of countries in which they do not offer services, likely due to increased legal liability on their part. The list includes Canada, the United States, North Korea, and another dozen assorted countries. One country they definitely cannot offer services in is New Zealand, where the FMA has put out a warning against the broker. What’s more shocking is that this broker promises traders MetaTrader 5 before they sign up. However, traders instead are given access to the Trade99 platform.
I always got excellent service from…
Harness the market intelligence you need to build your trading strategies. Boost your knowledge with our live, interactive webinars https://forexbroker-listing.com/ delivered by industry experts. Deepen your knowledge of technical analysis indicators and hone your skills as a trader.
Report an unauthorised firm
When researching an online broker, the first and most important step should always be to find out if they have a regulatory license from a financial institution. This will tell you whether they are regulated by a central authority or if you are dealing with an offshore and/or unregulated investment company. World’s largest community of heavy metal tshirt and battlejacket collectors. This evaluation was administered to let users have a piece of in-depth information about Trade99.
Trade99 started with an aim to offer a remarkable trading experience to the traders. With a fantastic customer support team and extraordinary trading experience, the firm has become popular. With Trade99’s case, its name was built from these factors, and all of these are evident in reviews and feedbacks online. Start using the Trade99 forex trading account to get the best trading services on various cryptocurrencies, and indices market. To get all the information, take a look at what other traders talk about it on Trade99 Reviews. Of course, people looking for a simple trading experience without all that background noise can always opt for the cheaper accounts which still provide quality services for any online trader.
After reviewing this site, it can be safe to say that Trade99 is indeed a legitimate cryptocurrency broker at its best. It has seemed to pass on all the boards in terms of features, technology, bonuses, and safety and security. But not only that, investors and traders are availed of Live Chats from Trade99’s able-minded support team. In effect, these allow traders, whether experienced or novice, to weather risks and get a pulse on potential profits so that they can make informed decisions.
Trade99 protects the interests of its users through securing funds for its accounts. This they are doing through partnering with trusted depository banks. Multiple assets — Trade99 allows the traders to trade in more than 190 tradable assets, including forex, CFDs, indices, commodities, and cryptos.
They are registered with The Financial Commission, but this is an independent body. Demo accounts on ThinkTrader currently do not expire but we do reserve the right to close them. Choose the account most suited to you and your trading needs. 120 indicators, 50 drawing tools and 19 chart types are available. Get virtual funds, test your strategy and prove your skills in real market conditions. When it comes to the speed we execute your trades, no expense is spared.
Its incentives and sign-up bonuses have also been the talk of the trading community for a while. As great as this all sounds, however, this had left many to be under the impression that it’s too good to be true and would question as to whether Trade99 is a legitimate broker or not. Luckily, we are here to answer that question by delving deep into the details of its services and products. Hopefully, it may reveal something that may help you better in understanding Trade99 should you be considering about trading with them. Trade99 uses the standard MetaTrader4 (MT4) – which is a plus for the broker as it is one of the more popular trading platforms in the modern industry. Even with the launch of MetaTrader5 (MT5), many still put MT4 as one of the best platforms to trade with.
Apart from this, Trade99 is strictly complying with AML and KYC norms, which prevents money laundering by discouraging the illegal entities from starting trading on their platform. It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation. We use dedicated people and clever technology to safeguard our platform. I have been demo trading for a while now, i started to trade with my account, because I’m really enjoying this platform.
Anomalies in withdrawal automatically charge brokers with mal-activity; that’s why it is imperative to go for brokers that offer a quick execution of such. Remember that this is not absolute as withdrawal depends on the users’ preferred method, but it must observe the generally practiced timeline. Skeptical clients are welcome to visit and consult the Dominican Republic Commission to confirm Trade99’s credentials. With this certification, traders are guaranteed a safe and secure trading experience. Trade99 makes use of MetaTrader4 (MT4), a trading platform trusted by the most experienced traders and investors.
Trade99 supports all kinds of major payment options like bank wire transfer, Visa/Master debit/credit cards, and bitcoin. For our Trade99 review, we explored their account offerings. The broker has four account types, and the standard account takes a $250 deposit to open. The broker has a weak selection of financial instruments, with a shockingly low amount of both currency pairs and CFDs.
Regulatory bodies and financial policy keepers authorized those that passed specific standards. Since SSL encryption was integrated into the Trade99 system, it automatically armed traders’ finances from financial harm. Spreads and Commission — The only thing that is not good with Trade99 is its high spreads. Trade99 charges service fees, withdrawal fees, and deposit fees. The firm offers a trade bonus, which is mainly dependent on the amount of the withdrawal made.