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Global Broker Regulation & Inquiry App
No Regulation
Score
0123456789
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0123456789
/10
AdvanTrade
Seychelles|2-5 years| White label MT5|Regional Brokers|High potential risk|
https://www.advantrade.net
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
White Label
2
Server Name
TopicalWealthIntl-Demo MT5
Server Location 
Singapore
SingaporeContact
https://www.advantrade.net
https://www.facebook.com/AdvanTrade-109126638142147
Licenses
No valid regulatory information, please be aware of the risk!
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
Open Now
Contact number
Other ways of contact
Broker Information
More
Company Name
AdvanTrade
Abbreviation
AdvanTrade
Platform registered country and region
Seychelles
Company website
Facebook
YouTube
Pyramid scheme complaint
Expose
Check whenever you want
Download App for complete information
Warning: Low score, please stay away!
2
Previous Detection :
2024-07-27
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
WikiFX Verification
Danger A Visit to AdvanTrade in Seychelles - No Office Found
SeychellesPlatform Capital Ratio
--% 
-- --
100%--% 100%
- Fundamental Item(A)
- Total Supplementary Items(B)
- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
- Transaction Risk
- Underlying Risk
Capital
$(USD)
Trading Software
Good
Meta Trader 5
White LabelAverage
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AdvanTrade · Company Summary
| Basic | Information |
| Registered Countries | Seychelles |
| Regulation | FSA |
| Minimum Deposit | N/A |
| Maximum Leverage | 1:400 |
| Minimum Spread | From 0.0 pips |
| Trading Platform | Webtrader |
| Demo Accounts | Available |
| Trading Assets | Forex pairs, indices, stocks, oil |
| Payment Methods | Card & Online Banking |
| Customer Support | Online Chat, Facebook, Youtube |
General Information
Registered in Seychelles, AdvanTrade is an online broker providing a series of trading instruments to its clients, covering forex, indices, oilm futures, precious metals, digital currency through its proprietary trading platform.
Here is the screenshot of AdvanTrade official website:
Regulation
AdvanTrade is the trading name of Topical Wealth International Ltd, a company registered in offshore Seychelles, regulated by the Seychelles Financial Services Authority, with regulatory license: SD077.
Market Instruments
AdvanTrade boasts that it provides the most traded mainstream financial instruments, which covers Currencies, Indices, Oil, Futures, Precious Metals, Digital Currency.
Fees
AdvanTrade says it offers low rates, charging zero commissions and platform fees. However, a horrible fact that should be noticed is that spreads offered by this broker is wide, with the spread on the EUR/USD pair from 1.9 pips.
Leverage
When it comes to leverage, AdvanTrade enables its clients to use the maximum trading leverage up to1:400, which is greater than the levels regarded appropriate by any regulators, with the maximum leverage for major currencies up to 1:30 in Europe and Australia, and 1:50 in the United States and Canada.
Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size, no more than a 1:10.
Trading Platform
When it comes to trading platforms available, AdvanTrade is using its proprietary trading platform, a simple webtrader, and famous third-party trading platforms like MT4 or MT5 not provided.
Here is the screenshot of AdvanTrade trading platform:
Customer Support
Customer service time has been displayed as below, and clients with any inquiry or trading-related issues can get in touch with this broker through telephone or email.
Alternatively, this brokerage firm can be followed on Facebook and Youtube.
Risk Warning
Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.
The information presented in this article is intended solely for reference purposes.
Pros & Cons
| Pros | Cons |
| Generous leverage up to 1:400 | No regulation |
| Wide selection of trading instruments | No account description |
| Wide spreads | |
| No 7/24 customer support | |
| Website available in English and Chinese ONLY |
Frequently Asked Questions
What trading instruments can I trade with on AdvanTrade？
AdvanTrade allows investors to trade Currencies, Indices, Oil, Futures, Precious Metals, Digital Currency.
Does AdvanTrade offer demo accounts？
No, demo accounts are not available on the AdvanTrade platform.
What is the maximum leverage available？
The maximum trading leverage that is available on the AdvanTrade platform is up to 1:400.
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