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https://www.directrader.com/
Website
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
+56225821161
More
Directrader
Directrader
Saint Vincent and the Grenadines
Pyramid scheme complaint
Expose
General Information & Regulation
Directrader is a forex and CFD broker allegedly registered in Saint Vincent and the Grenadines, a country that has no FX regulator, therefore making the broker unregulated there, no matter if it is incorporated in the country or not.
Markets Instruments
With Directrader, clients can partake in the trading of forex currency pairs, commodities, cryptocurrencies, and stocks.
Minimum Deposit
The minimum deposit is $50. Although this sounds encouraging, traders are not advised to register real trading accounts given the fact that Directrader is not subject to any regulation.
Leverage
The leverage is capped at 1:200, which seems a bit too low for a shady and offshore broker.
Spreads & Commissions
From this web trader we learn that the EUR/USD cost of trade is around 3.7 pips. This spread is useless to traders. The only party that can profit from it, if you allow it to, is the broker.
Trading Platform Available
Directrader offers the WebTrader, which contains some features including Pending orders, stop-loss, take -profit, time frames, live news feed, live TV, and some chart customization tool.
Deposit& Withdrawal
Users can invest by means of a bitcoin wallet, Directa, and Collexo. The minimum deposit is $50. Withdrawals are done through bank transfer, BTC wallet, and a credit card.
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