Score
Tradingnetwork
Dominica|2-5 years| http://tradingnetwork.co/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic Information
DominicaAccount Information
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Website
tradingnetwork.co
Server Location
United States
Website Domain Name
tradingnetwork.co
Server IP
104.24.106.132
Company Summary
| Tradingnetwork Review Summary | |
| Founded | 2-5 years |
| Registered Country/Region | Dominica |
| Regulation | Unregulated |
| Market Instruments | Forex pairs/Hot Commodities/Appealing/Stocks/Indices |
| Demo Account | / |
| Leverage | Up to 1:500 |
| Spread | From 0.4 pips |
| Trading Platform | Trading Network Webtrader |
| Min Deposit | $250 |
| Customer Support | Email: support@iradingnetwork.co/compliance@tadingnetwork.co |
Tradingnetwork Information
Registered in Dominica, Tradingnetwork is a broker that offers access to 12000+ assets and 4 major accounts with a maximum leverage of 1:500. The spread is as low as 0.4 pips and commission-free. The customer support team is available 24/5 by email, phone, and call-back requests. Of course, they are rewarded with bonuses for their referrals.
Pros and Cons
| Pros | Cons |
| 24/5 customer support | Unregulated |
| Spread as low as 0.4 pips | MT4/MT5 unavailable |
| Leverage up to 1:500 | |
| 12000+ optional assets |
Is Tradingnetwork Legit?
Tradingnetworkis not regulated, making it less safe than regulated brokers.
What Can I Trade on Tradingnetwork ?
Traders have more than 12,000 assets to choose from as their investments. There are Forex pairs, hot commodities, appealing, the most popular stocks, and indices, which will make it easier to diversify your portfolio.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Hot Commodities | ✔ |
| Stocks | ✔ |
| Appealing | ✔ |
| Indices | ✔ |
| Shares | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Account Type
Tradingnetwork has four account types: MEGA, GIGA, TERA, and PETA. Traders who want leverage can choose a PETA account, while those with a small budget can open a MEGA account.
| Account Type | MEGA | GIGA | TERA | PETA |
| Minimum deposit | $250 | $2000 | $15000 | $50000 |
| Min. Spread | 2.4 pips | 1.4 pips | 0.4 pips | 0.4 pips |
| Max. leverage | 1:500 | 1:400 | 1:200 | 1:100 |
Tradingnetwork Fees
The spread starts from 0.4 pips, with No Commissions, no hidden fees, and no charges. The lower the spread, the faster the liquidity.
Leverage
The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.
Trading Platform
Tradingnetwork provides Trading Network Webtrader instead of MT4/MT5. MT4 and MT5 provide various trading strategies and implement EA systems.
| Trading Platform | Supported | Suitable for |
| Trading Network Webtrader | ✔ | Beginners |
Deposit and Withdrawal
The first deposit amount must be $250 or above. Tradingnetwork accepts VISA, MasterCard, Maestro, wire transfers, and more for deposit and withdrawal. However, due to the official website being inaccessible, transfer processing times and associated fees are unknown.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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