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Score

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/10
The WikiFX Score of this broker is reduced because of too many complaints!

Tradesto

Saint Vincent and the Grenadines|5-10 years|
Regulated in Vanuatu|Common Business Registration|MT4/5 full license|Regional Brokers|Vanuatu Retail Forex License Revoked|Suspicious Overrun|High potential risk|

https://tradesto.com

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

TradestoCorp-Demo

Singapore
MT4
2

Influence

D

Influence index NO.1

Singapore 2.40
The WikiFX Score of this broker is reduced because of too many complaints!

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
TradestoCorp-Demo MT4
Server Location Singapore

Influence

Influence

D

Influence index NO.1

Singapore 2.40

Surpassed 100.00% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+44 2080363883
support@tradesto.com
https://tradesto.com
Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St Vincent & the Grenadines

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Disclosure

More

Danger

ID BAPPEBTI
2022-02-02
Ministry of Trade Blocks 1,222 Illegal Commodity Futures Trading Websites
Tradesto
Proton Markets
RCPro

Danger

MY SCM
2020-01-01

Contact number

English

+44 2080363883

Traditional Chinese(HK)

+1-855-246-7284

Broker Information

More

Company Name

Tradesto Corporation

Company Abbreviation

Tradesto

Platform registered country and region

Saint Vincent and the Grenadines

Company website
Facebook
Instagram
YouTube
Linkedin

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 5
Previous Detection : 2024-03-29
  • 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!
  • VanuatuVFSC (license number: 14736) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

WikiFX Verification

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Pyramid scheme complaint
Expose
Unable to withdraw

Withdrawal

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

2021-06-15 17:20
Others

Scammer broker of fast-tradeoption, they don’t let me get back the money.

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.

2021-09-21 15:08

    Tradesto · Company Summary

    Company Summary

    Company profile

    General Information & Regulation

    Tradesto, a St. Vincent and the Grenadines registered online Forex and CFD broker, was founded in 2012 and set offices in St. Vincent and the UK. Tradesto 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. The Companys legal and correspondence address is at Griffith Corporate Centre, Kingstown, St. Vincent and the Grenadines.

    Market Instruments

    Tradesto provides investors with financial instruments, including forex currency pairs, metals, indices, and stock CFDs in the Forex market.

    Minimum Deposit

    To meet the investment needs and trading experience of different investors, Tradesto offers six different types of trading accounts, namely, Standard, Islamic, ECN, MAM, Joint and Corporate accounts. Tradesto requires traders at least fund $100 to open an account at the first time.

    Tradesto Leverage

    Tradesto offers the maximum trading leverage up to 1:500, which is considered high. Leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.

    Spreads & Commissions

    Standard accounts have a spread of 0.1 pips and a commission of 10 USD per lot. Spreads and commissions for other accounts are not available.

    Trading Platform

    Tradesto provides investors with the market-leading and highly acclaimed MT4 trading platform. MT4's user-friendly trading interface, powerful charting tools, real-time quotes, advanced technical analysis, and automated trading features provide traders with an easy trading experience and help them get ahead in the financial markets. Additionally, Tradesto also offers a mobile APP trading platform for traders.

    Deposit & Withdrawal

    Tradesto supports traders to deposit and withdraw funds from their investment accounts through various methods such as wire transfer (takes 2-6 business days), Help2pay, Shop2pay, credit cards, Neteller, I-Account, Fasapay, China UnionPay, Bitcoin.

    Customer Support

    Tradesto offers a customer support team that is on hand to help traders with any assistance they may need. They can be reached via telephone, email, or by filling out the form on the brokers website. Tradesto is also available on social media channels: Facebook, YouTube and LinkedIn.

    News

    Tradesto review – 5 things you should know about tradesto.com

    NewsTradesto review – 5 things you should know about tradesto.com

    2021-12-10 10:44

    We are reviewing Tradesto, a shady brokerage claiming to be regulated in various jurisdictions. They offer MetaTrader4, purportedly tight spreads and different account types, including Classical, Islamic and Managed ones. However, the broker is utterly dangerous, and you can see why in the full Tradesto review.

    WikiFX
    2021-12-10 10:44
    News
    Tradesto review – 5 things you should know about tradesto.com

    User Reviews

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    4

    Comments

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    李春波
    more than one year
    Having been trading with Tradesto for several months, and it did give me a surprise. I never thought an offshore broker could be so responsible, always available for help. Trading conditions are not bad. Waiting for my good news, guys.
    2023-02-27 11:49
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    0
    0
    番茄就是西红柿
    more than one year
    I think the company's strategy is to lure users into investing first and then, regardless of the outcome, ban them from withdrawing money, so that some users forget about their money!
    2022-11-30 14:52
    Reply
    0
    0
    FX1054428181
    more than one year
    There are so many brokers to choose from, why choose Tradesto? They're not worth your time at all. Withdrawals are very difficult, and the website says they will be processed within 2-6 business days. While in fact, I have been waiting for two weeks and have not seen a change in the number of my bank account.
    2022-11-28 11:34
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    0
    0
    网谈天下~关注民生
    more than one year
    A Horrible platform this Tradesto is!Their withdrawal takes more than 2 weeks and up to two months. With withdrawal and deposit fees both charged, spreads are insanely high, most of the copy trades not profitable. There is much better selection of brokers out there but Tradesto clearly isn’t one.
    2022-11-28 09:35
    Reply
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