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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

TRADEDEAL

India India | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

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Website

Rating Index

Influence

Influence

D

Influence Index NO.1

India India 2.77
Surpassed 15.70% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

+91 07948061920
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Eva-1,Office No-105, Atabhai chowk , Bhavnagar-364 002.

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
3

Basic Information

Registered Region
India
Operating Period
5-10 years
Company Name
Econo Broking Private Limited
Email
info@econobroking.com
Contact Number
+9107948061920
Company Website
--
Business Region
Verified Site
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • tradedealonline.com
    13.232.209.52
    Server Location
    India India
    ICP Registration No.
    --
    Top Visitor Locations
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    Creation Date
    2015-07-30
    Website Name
    WHOIS.GODADDY.COM
    Company
    GODADDY.COM, LLC

Company Profile

Company Profile

Review summary

Trade Deal Review Summary
Founded2021
Registered Country/RegionIndia
RegulationUnregulated
Market InstrumentsStocks, Futures, Options, Currencies, ETFs, Bonds
Demo Account
Leverage/
EUR/USD Spread/
Trading PlatformTrade Deal APP
Min Deposit/
Customer SupportLive chat, contact form
Tel: +91 07948061920; +91 07948061594
Email: info@tradedealonline.com; info@econobroking.com
X: https://twitter.com/EconoLtd
Facebook: https://www.facebook.com/EconoBrokingPvtLtd/
Instagram: https://www.instagram.com/econo_broking/
Linkedin: https://www.linkedin.com/in/econo-broking-99b63b215/
Physical address: Econo Broking Private Limited Eva-1,Office No-105, Atabhai chowk , Bhavnagar-364 002

Trade Deal is an online discount brokerage firm that provides its clients with access to various trading tools, icluding Stocks, Futures, Options, Currencies, ETFs and Bonds through the Trade Deal APP. However, the company fails to disclose detailed information regarding its trading conditions. In addition, it lacks a legitimate regulatory license from any authorized body.

Trade Deal's homepage

Pros and Cons

Pros Cons
Diverse tradable assetsNo regulation
Live chat supportNo demo accounts
Comprehensive contact channelsLimited info on trading condition
No reliable platform
Unknown payment methods

Is Trade Deal Legit?

No, Trade Deal operates without any legal regulatory oversight, which is a significant concern. Therefore, you are advised to avoid depositing or investing funds with this entity.

No license

What Can I Trade on Trade Deal?

Trade Deal claims to offer trading in Stocks, Futures, Options, Currencies, ETF and Bonds. However, when we try to access the information about trading tools on their official website, the page fails to load, rendering us unable to obtain any specific details. Given that Trade Deal is not regulated at all, this lack of transparency should not come as a surprise.

Tradable Instruments Supported
Currencies
Stocks
Bonds
Options
ETFs
Futures
Commodities
Indices
Cryptocurrencies
Global market

Commission

Trade Deal charges certain brokerage fees.

For intraday trading, a fee of 0.01% or Rs. 18 (whichever is lower) will be charged.

For delivery trading, a fee of 0.1% or Rs. 18 (whichever is lower) will be charged. For Call & Trade, the fee is a flat Rs. 18.

Pricing

Trading Platform

Trade Deal provides a self-developed platform called Trade Deal Smart APP, available via both iOS and Android systems. While the platform may appear professional, an unregulated broker cannot guarantee the reliability of its platform. Therefore, you'd better choose a regulated broker that offers well-known and trusted platforms like MT4 or MT5.

Trading PlatformSupported Available Devices Suitable for
Trade Deal APPMobile/
MT4/Beginners
MT5/Experienced traders
Trade Deal APP

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Is TRADEDEAL safe and reliable?

The safety and reliability of a broker are primarily judged by its regulatory oversight and overall operational health. According to WikiFX data, TRADEDEAL carries an overall assessment score of 1.57, which reflects significant concerns. Its primary regulatory claim with the Securities and Exchange Board of India (SEBI) is currently marked as 'Unverified', meaning its legitimacy cannot be independently confirmed. Furthermore, its operational region has been flagged as suspicious. The combination of an unverified license and a low WikiFX score indicates a high-risk profile. Potential clients should exercise extreme caution and prioritize brokers with transparent and verified regulatory credentials.

04-28
United States

Is TRADEDEAL regulated?

TRADEDEAL presents itself as holding a Forex Trading License (AGN) from the Securities and Exchange Board of India (SEBI) under the registration number INZ000301331. However, according to the WikiFX assessment, the status of this specific license is marked as 'Unverified'. This status indicates that the regulatory standing of this license cannot be independently confirmed through standard verification channels at this time. Therefore, it is not possible to confirm that TRADEDEAL operates under active and credible regulatory oversight for its forex trading activities.

04-28
United States

What is the minimum deposit of TRADEDEAL?

Based on the publicly available operational profile, TRADEDEAL has not disclosed a specific minimum deposit requirement for opening a trading account. This information is not listed in its standard account specifications.

04-28
United States

Does TRADEDEAL support MT4 or MT5?

Information regarding the specific trading platforms supported by TRADEDEAL, such as MetaTrader 4 (MT4) or MetaTrader 5 (MT5), is not publicly disclosed in its current operational profile.

04-28
United States
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