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TRADERS-CHOICE.NET

Ireland|2-5 years|
Suspicious Scope of Business|High potential risk|

https://traders-choice.net/

Website

Rating Index

Contact

+1(731) 6814103
SUPPORT@TRADERS-CHOICE.NET
https://traders-choice.net/
REYKJAVIK, ICELAND

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

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Contact number

English

+1(731) 6814103

Broker Information

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Company Name

TRADERS-CHOICE.NET

Company Abbreviation

TRADERS-CHOICE.NET

Platform registered country and region

Ireland

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-04-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

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TRADERS-CHOICE.NET · Company Summary

Note: Regrettably, the official website of TRADERS-CHOICE.NET, namely https://traders-choice.net/, is currently experiencing functionality issues.

TRADERS-CHOICE.NET Review Summary
Founded 2-5 years
Registered Country/Region Ireland
Regulation Unregulated
Market Instruments Forex, cryptos, stock and commodities
Demo Account N/A
Leverage N/A
EUR/ USD Spread N/A
Trading Platforms N/A
Minimum Deposit $100
Customer Support Email and phone

What is TRADERS-CHOICE.NET?

TRADERS-CHOICE.NET is an Ireland-based online broker that offers a variety of trading instruments across different asset classes. The platform provides clients with three live account types, each with different features and minimum deposit requirements. However, the lack of regulation and the inaccessibility of their official website contribute to concerns. Customers can contact their customer service line at +1(731) 6814103 or via email at SUPPORT@TRADERS-CHOICE.NET.

TRADERS-CHOICE.NET

If you are interested, we invite you to continue reading the upcoming article where we will thoroughly assess the broker from various angles and present you with well-organized and succinct information. By the end of the article, we will provide a concise summary to give you a comprehensive overview of the broker's key characteristics.

Pros & Cons

Pros Cons
  • Phone and email support available
  • Not regulated
  • Inaccessible website
  • No social media presence
  • Non-transparent trading conditions

Pros:

- Phone and email support available: TRADERS-CHOICE.NET offers accessible customer support through phone and email, providing avenues for direct assistance and inquiries.

Cons:

- Not regulated: The lack of regulation raises concerns about the platform's adherence to industry standards and investor protection.

- Inaccessible website: The unavailability of the official website indicates potential reliability issues and hinder essential information access.

- No social media presence: The absence of a social media presence limits transparency and engagement with the trading community.

- Non-transparent trading conditions: The lack of transparency in trading conditions can lead to ambiguity and difficulty in understanding the terms of engagement, potentially affecting the confidence of investors.

Is TRADERS-CHOICE.NET Safe or Scam?

TRADERS-CHOICE.NET has no regulation. This can be concerning as it raises doubts about the reliability and trustworthiness of the TRADERS-CHOICE.NET trading platform. The absence of an official website further adds to these doubts and increases the risk associated with investing through TRADERS-CHOICE.NET.

No license

Whats more, the unavailability of their official website raise doubts about the dependability of the TRADERS-CHOICE.NET trading platform, thereby increasing the investment risk.

Before committing to investments with TRADERS-CHOICE.NET, it is essential to conduct extensive research and meticulously assess the associated risks and potential rewards. In general, it is wise to opt for regulated brokers to safeguard your funds.

Market Instruments

TRADERS-CHOICE.NET offers a range of trading instruments for its clients across different asset classes.

- Forex: TRADERS-CHOICE.NET offers clients the ability to trade in the forex market, with access to over 40 currency pairs, including major, minor, and exotic currencies.

- Cryptocurrency: TRADERS-CHOICE.NET provides access to a variety of cryptocurrencies, including Bitcoin, Ethereum, Ripple, and Litecoin, among others.

- Commodity: Clients can also trade in a range of commodities such as gold, silver, crude oil, and natural gas.

- Stock: TRADERS-CHOICE.NET offers access to a wide range of stocks across global markets, including stocks listed on major exchanges such as NASDAQ, NYSE, and the Tokyo Stock Exchange.

Account Types

TRADERS-CHOICE.NET offers three live account types with varying features and minimum deposit requirements.

Starter Account:

The Starter Account is the basic account option offered by TRADERS-CHOICE.NET. It has a minimum deposit requirement of $100, making it accessible to traders with smaller budgets. While specific features can vary, Starter Account holders usually have access to a range of trading instruments and basic trading tools.

Premium Account:

The Premium Account is designed for traders who want access to additional features and higher trading limits. It requires a minimum deposit of $1,000. With a Premium Account, traders enjoy benefits such as enhanced customer support, advanced trading platforms, lower trading fees, and possibly access to exclusive educational resources.

Professional Account:

The Professional Account is the most advanced account type offered by TRADERS-CHOICE.NET. It is tailored for experienced traders and requires a higher minimum deposit of $5,000. Professional Account holders typically enjoy the most extensive range of features, including personalized account management, premium trading tools, lower spreads, priority access to new trading opportunities, and other benefits tailored to their specific needs.

Deposits & Withdrawals

TRADERS-CHOICE.NET provides the convenience of accepting deposits and withdrawals through Bitcoin, Icons, Ripples, and Cash App.

Bitcoin:

TRADERS-CHOICE.NET accepts deposits and allows withdrawals through Bitcoin, a popular cryptocurrency. To make a deposit, you would typically need to have a Bitcoin wallet and initiate the transfer by providing the necessary details.

Icons:

TRADERS-CHOICE.NET also accepts Icons, a form of cryptocurrency, for deposits and withdrawals. Similar to Bitcoin, you would need an Icons wallet to initiate a deposit. The process usually involves providing the required information and confirming the transfer.

Ripples:

To deposit funds using Ripples, you would need a compatible wallet and provide the necessary details to initiate the transfer. The funds will be converted to your account's base currency upon deposit.

Cash App:

TRADERS-CHOICE.NET also accepts deposits and allows withdrawals through Cash App. Cash App is a popular peer-to-peer payment platform that facilitates the transfer of funds. To make a deposit, you would need to link your Cash App account to TRADERS-CHOICE.NET and initiate the transfer through the provided instructions.

Customer Service

Customers can get in touch with customer service line using the information provided below:

Telephone: +1(731) 6814103

Email: SUPPORT@TRADERS-CHOICE.NET

Conclusion

In conclusion, TRADERS-CHOICE.NET is an online broker that offers various trading instruments across different asset classes. However, it is important to note that TRADERS-CHOICE.NET raises concerns due to the lack of regulation and the inaccessibility of its official website. These factors contribute to a higher level of risk associated with investing in TRADERS-CHOICE.NET. It is recommended that investors exercise caution and carefully evaluate the reliability and credibility of the platform before making any investment decisions.

Frequently Asked Questions (FAQs)

Q 1: Is TRADERS-CHOICE.NET regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: How can I contact the customer support team at TRADERS-CHOICE.NET?
A 2: You can contact via telephone: +1(731) 6814103 and email: SUPPORT@TRADERS-CHOICE.NET.
Q 3: What is the minimum deposit for TRADERS-CHOICE.NET?
A 3: The minimum initial deposit to open an account is $100.
Q 4: Is TRADERS-CHOICE.NET a good broker for beginners?
A 4: No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website.
Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

User Reviews

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MrBig00789
more than one year
As for customer support, they claim to have email and live chat options, but I didn't get a chance to test them out. Therefore, I guess it is time to leave now.
2023-04-06 10:05
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MrBig00789
more than one year
I recently stumbled upon TRADERS-CHOICE.NET. Honestly, it wasn't exactly what I was hoping for.I did some digging on their website and found that they offer forex, stocks, commodities, indices, and cryptocurrencies, but there wasn't much detail about the assets or trading conditions. This lack of info made it hard for me to tell if their offerings were any good. Another thing that bugged me was that their fees were nowhere to be found. How am I supposed to know if I'm getting a good deal or not?
2023-04-06 10:04
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0
0
何新明
more than one year
They accepted my crypto deposit and then forced me to withdraw via bank. My experience with them is very very bad the website has many lags and the support cannot handle anything. Never recommend it to any trader. I hope to get my money in the bank soon.
2023-02-17 12:05
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0
0
FX1195099519
more than one year
Do you guys try out this India-based brokerage firm? Let me tell me what happened: I received some calls from this company recently, they told me ultra-low commissions to trade stocks. I come here to ask you guys, what do you feel about this one?
2023-02-13 18:35
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0
0
王晓文
more than one year
Scam Alert!!! People be aware of these scammers they rob your hardworking money. They will make you increase your amount but you will never be able to withdraw any amount
2022-12-13 11:23
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0
0
Lixingle
more than one year
Stay away from this illegal platform. they have scammed me and ran away. I was unable to contact my account manager all the time. These ******** ***** me up!
2022-12-08 15:02
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0
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