Score
Tradesto
Saint Vincent and the Grenadines|5-10 years| https://tradesto.com
Website
Rating Index
Influence
Influence
D
Influence index NO.1
Singapore 2.40Contact
- The number of the complaints received by WikiFX have reached 93 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
Basic Information
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Website
Most visited countries/areas
Malaysia
tradesto.com
Server Location
Japan
Most visited countries/areas
Website Domain Name
tradesto.com
Website
WHOIS.GODADDY.COM
Company
GODADDY.COM, LLC
Domain Effective Date
2012-10-12
Server IP
104.198.93.135
Company Summary
Note: Tradesto's official website - https://tradesto.com is currently inaccessible normally.
| Tradesto Review Summary | |
| Founded | 2012 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | VFSC (Revoked), ASIC (Exceeded/Suspicious clone) |
| Market Instruments | Forex, precious metals, crude oil |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| EUR/USD Spread | Floating around 1.3 pips |
| Trading Platform | MT4 |
| Min Deposit | $100 |
| Customer Support | Tel: +44 2080363883, +1-855-246-7284 |
| Email: support@tradesto.com, info@tradesto.com | |
| Facebook, Instagram, Youtube, Linkedin | |
| Registered office address: Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St Vincent & the Grenadines | |
| Operation office address: 443 EARLY STREET, MUNSTER, KWAZULU NATAL, 4278 SOUTH AFRICA | |
| Regional Restrictions | Afghanistan, Bosnia and Herzegovina, Democratic Peoples Republic of Korea (DPRK), Guyana, Iran, Iraq, Lao Peoples Democratic Republic, Myanmar, Papua New Guinea, Syria, Uganda, Vanuatu, Yemen |
Tradesto Information
Tradesto, an unregulated online Forex and CFD broker, was founded in 2012 and set offices in St. Vincent and the UK. It is an ECN broker that offers online trading through the sophisticated MetaTrader 4 trading platforms. Tradesto Corporation is incorporated and registered in Saint Vincent and the Grenadines under license number 22360 IBC 2014.
Pros and Cons
| Pros | Cons |
| Demo accounts | Regional restrictions |
| Multiple account types | Inaccessible website |
| MT4 platform | No regulation |
| Popular payment options | Limited tradable assets |
| Wide spreads |
Is Tradesto Legit?
No. Tradesto currently has no valid regulations. Please be aware of the risk!
| Regulated Country | Regulator | Current Status | Regulated Entity | License Type | License No. |
 | Vanuatu Financial Services Commission (VFSC) | Revoked | TRADESTO CORPORATION | Retail Forex License | 14736 |
 | Australia Securities & Investment Commission | Exceeded | TRADESTO CORPORATION | Common Business Registration | 616 567 698 |
 | Australia Securities & Investment Commission | Suspicious clone | COC CORP PTY LTD | Common Business Registration | 650 004 694 |
What Can I Trade on Tradesto?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Precious metals | ✔ |
| Crude oil | ✔ |
| Indices | ❌ |
| Stocks | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
| Account Type | Min Deposit |
| Classical | $100 |
| Islamic | |
| ECN | |
| MAM | |
| Joint | |
| Corporate |
Leverage
The broker offers maximum leverage of 1:500. Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.
Spread
| Asset Class | Avg Spread |
| Forex | 2.0 pips |
| Gold | 3.0 pips |
| Oil | 4.0 pips |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | PC, iOS, Android | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
Tradesto accepts payments via wire transfers, Help2pay, Shop2pay, Visa, Mastercard, Neteller, Fasapay, and I-Account, China UnionPay, and Bitcoin.
Keywords
- 5-10 years
- Regulated in Australia
- Common Business Registration
- Suspicious Scope of Business
- Vanuatu Retail Forex License Revoked
- Suspicious Overrun
- High potential risk
Review 114
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FX3698432781
Malaysia
Withdraw about 1 month ago, I contacted the customer support but reply me with meaningless reply. They don't give a timeline for the withdrawal. Tradesto confirm is the scam. If anyone can help to get back, I don't mind to give some tips. The best is let them shut down and get sue.
Exposure
2021-12-21
Justin青蛙
Malaysia
I withdrew from May 21 and there was still no result. I wrote email to the platform but they did not give a complete solution. They only told me to wait but I did not know how long. I had problems with my investment and it was important to me. I hope they could return the money to me. Please help me get it back. I’d like to pay you tips. It was better than losing everything.
Exposure
2021-10-26
FX4115528897
Malaysia
Stay away from it. The balance in my account totaled $600 but it was unavailable.
Exposure
2021-09-23
FX5944873722
Malaysia
I deposited $5000 on June 20 but my account did not receive it. Then they disappeared and my investment was gone.
Exposure
2021-09-23
FX5944873722
Malaysia
Scammer broker of fast-tradeoption, they don’t let me get back the money. Don’t trade with fast-tradeoption. At the beginning ( maybe June) I talked with Mr. Frederick in Linkedin about how your company’s colleagues scammed me. Mr Frederick said he could help. As long as I opened an account with his company and put $5000 in it, he could help me migrate the old account to a new account then I can get back what my deposit. Before I made the deposit, I asked him so many times if there were any fees for withdrawal. He said NO. So I put $5000, during which he said that the money from the old account can be transferred to the new account. A week later, when I wanted to get back my profits $72778. After I sent the withdrawal request different fees were derived. Firstly is $2000 for IBPC, secondly is $3500 manager fee and TAX, thirdly is $5000 UPGRADE account to get money. At that moment I had asked Ms Clara to write an email to me, after this upgrade no other extra fee I need to pay. Unfortunately, I got an email about ITF $2700 and finally it is 10% 21550 (finally he deduct to $15000) of the manager’s COMMISSION profit.
Exposure
2021-09-21
gustavo_fring
Malaysia
They told me that my bank withdrawal request has been approved on March 9 2021. But I actually I requested the withdrawal request 2 weeks earlier than that. it took 2 weeks to get approved. now already been how many months yet i still havent receive my withdrawals. i tried to contact the customer service, you can read in the picture what they said.
Exposure
2021-09-05
Yap Chin Chien
Malaysia
Unable to withdraw since January until now
Exposure
2021-08-24
J70826
Malaysia
Beware of Big Brain Bank & CL group people, they introduce clients like me to use copy trade and loss the account in one day.
Exposure
2021-08-18
FX1718886386
Malaysia
I can’t search the URL. It is unavailable. I want to change another platform but I can’t withdraw.
Exposure
2021-07-18
ckBBb
Malaysia
Can't withdraw money I said 2 weeks ago that the withdrawal batch was in March. Now I say that I haven't talked about withdrawal batch until March
Exposure
2021-06-16
ckBBb
Malaysia
Ck? BBB? Tradesto? 2 weeks ago, said which batch of the first withdrawal was in March Email tradesto today Does it say that the latest withdrawal was in January? ? Roti Canai?
Exposure
2021-06-15
ckBBb
Malaysia
2 weeks ago said that the latest approve withdrawal was on March 16th Ask again today, which batch is the withdrawal now? Tell me again that the current withdrawal is in January? CK BBB agreed to withdraw money in one week? I haven't gotten it in 2 months
Exposure
2021-06-15
FX1718886386
Malaysia
Cannot close or open orders and cannot set tpsl to cause losses
Exposure
2021-06-14
ckBBb
Malaysia
But they keep delaying.
Exposure
2021-05-27
FX3001019445
Malaysia
My application hasn’t been approved yet! I’ve emailed them many times. No response!
Exposure
2021-05-26
Calvin Chung Howe Leong
Malaysia
The withdrawal has been approved since 2 months ago but still not receiving any movey back yet
Exposure
2021-04-13
K～啓龍
Malaysia
This platform is a black platform, and it hasn't been paid out since before the new year. It's been more than two months, and I feel that there is no hope that I will get the money
Exposure
2021-04-04
Ah lun.
Malaysia
Don't pay? I suggest you don’t use this tradesto
Exposure
2021-04-03
✨✨HANG✨✨
Malaysia
It has been a month. And the customer service can’t give me an accurate time. Is it reasonable that it takes so long to get my principal back?
Exposure
2021-03-16
Joel
Malaysia
Withdrawal process can take till 1month above still haven’t come out!!! What a scammer!!!
Exposure
2021-03-14