Score
My Trademate
Switzerland|1-2 years| https://mytrademate.com/
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
Switzerland
1-2 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed My Trademate also viewed..
XM
- 10-15 years |
- Regulated in Australia |
- Market Making(MM) |
- MT4 Full License
GTCFX
- 10-15 years |
- Regulated in United Kingdom |
- Straight Through Processing(STP) |
- MT4 Full License
ATFX
- 5-10 years |
- Regulated in Australia |
- Market Making(MM) |
- MT4 Full License
EC Markets
- 10-15 years |
- Regulated in Australia |
- Market Making(MM) |
- MT4 Full License
Website
mytrademate.com
Server Location
United States
Website Domain Name
mytrademate.com
Server IP
172.67.208.139
Company Summary
Note: My Trademate's official website: https://mytrademate.com/is currently inaccessible.
My Trademate Information
Founded in 2023, My Trademate is a brokerage firm registerd in Switzerland. Currently, it is not legit. This firm boasts of its diversified investment options. However, the downsides are the regulatory status and lack of transparency of trading fees and account types. When comparing brokerages, keep the potential risks firmly in mind.
Is My Trademate Legit？
My Trademate currently does not hold any valid regulatory certificates. Although it is incorporated in Switzerland, it lacks regulation from any recognized financial authority. Some risks can be avoided if you stay away from unauthorized brokerage.
Downsides of My Trademate
- Unavailable Website
My Trademate's official website is currently inaccessible. Whether this firm is still up and running is a mystery.
- Lack of Transparency
You can find little information about this firm online. The lack of transparency can really dampen investors' enthusiasm.
- Regulatory Concerns
The regulatory hurdle is one of the biggest drawbacks of some online brokerage. My Trademate is one of them.
Market Instruments
My Trademate provides 300+ tradable instruments. Depending on your goals and risk tolerances, you can invest in:
- Forex
- Stocks
- Precious metals
- Energies
- Shares
- Indices
- Commodities
- Bonds
Variety is a good thing for building a diversified portfolio. That makes it easier to shape your portfolio to fit your tolerance, needs and goals.
Conclusion
My Trademate is a Switzerland firm operated without any regulatory certificates. Opening an online brokerage account can be an easy way to start investing and there are always risks in investing. But we can choose to stay away from certain risks.
Keywords
- 1-2 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
Content you want to comment
Please enter...
TOP 
Chrome
Chrome extension
Global Forex Broker Regulatory Inquiry
Browse the forex broker websites and identify the legit and fraud brokers accurately
Install Now