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https://threetrader.com/hk/
Website
MT4/5 Identification
Full License
Single Core
1G
40G
+678 612 8039 9099
+678 0280399099
More
Threetrader Global Limited
ThreeTrader
The Virgin Islands
Pyramid scheme complaint
Expose
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 contained in this article is for general information purposes only.
General Information & Regulation
Feature | Detail |
Regulation | Offshore regulatory |
Market Instrument | Forex, gold & silver, commodities, stock indices, Bitcoin & cryptocurrencies and CFDs |
Account Type | Pure spread and Raw zero |
Demo Account | yes |
Maximum Leverage | 500:1 |
Spread | Pure spread: from 0.5 pips, Raw zero: from 0.0 pips |
Commission | Pure spread: no, Raw zero: $2/¥200 per lot per side |
Trading Platform | Desktop MT4, Mobile MT4, Web Trader MT4 |
Minimum Deposit | $100 |
Deposit & Withdrawal Method | credit cards, instant payment, bank transfers and crypto payments |
ThreeTrader, a trading name of Threetrader Global Limited, is allegedly a forex and CFD broker registered in Hong Kong, China that claims to provide its clients with various tradable financial instruments with leverage up to 500:1 and floating spreads from 0.0 pips on the MT4 trading platform via two different live account types. Here is the home page of this brokers official site:
As for regulation, it has been verified that ThreeTrader currently has an offshore regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives an average score of 4.59/10. Please be aware of the risk.
Market Instruments
ThreeTrader advertises that it offers access to a wide range of trading instruments in financial markets, including Forex, gold & silver, commodities, stock indices, Bitcoin & cryptocurrencies and CFDs.
Account Types
Apart from 30-day demo accounts, ThreeTrader claims to offer two types of trading accounts, namely Pure spread and Raw zero, with minimum initial deposit requirements of $100 and $1,000 respectively.
Leverage
ThreeTrader offers flexible leverage of 100:1, 200:1, 400:1 and 500:1. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Spreads & Commissions
All spreads with ThreeTrader are a floating type and scaled with the accounts offered. The spread from 0.5 pips on the Pure spread account, and 0.0 pips on the Raw zero account. As for the commission, there is no commission on the Pure spread, while $2/¥200 per lot per side on the Raw zero account.
Trading Platform Available
The platform available for trading at ThreeTrader is one of the most notable and preferred trading platforms the market offers - Desktop MT4, Mobile MT4, and Web Trader MT4. This trading terminal is highly praised by traders and brokers alike due to its ease of use and great functionality. The MT4 offers top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors.
Deposit & Withdrawal
ThreeTrader says to work with numerous means of deposit and withdrawal choices, consisting of credit cards, instant payment, bank transfers and crypto payments. More details can be found in the below screenshot. The minimum initial deposit requirement is $100.
Customer Support
ThreeTraders customer support can be reached by telephone: Local: 02 8039 9099, Intl: + 612 8039 9099, email: info@ThreeTrader.com, support@threetrader.com or live chat. Company address: 1276, Govant Building, Kumul Highway, Port Vila, Republic of Vanuatu.
Pros & Cons
Pros | Cons |
• Multiple trading instruments and payment options offered | • Offshore Regulatory |
• Demo accounts available | |
• MT4 supported |
Frequently Asked Questions (FAQs)
Q 1: | Is ThreeTrader regulated? |
A 1: | No. It has been verified that ThreeTrader has an offshore regulation. |
Q 2: | At ThreeTrader, are there any regional restrictions for traders? |
A 2: | Yes. Residents of the United States, Iran, and North Korea are restricted. |
Q 3: | Does ThreeTrader offer demo accounts? |
A 3: | Yes. ThreeTrader offers 30-day demo accounts. |
Q 4: | Does ThreeTrader offer the industry-standard MT4 & MT5? |
A 4: | No. Instead, ThreeTrader offers Desktop MT4, Mobile MT4, and Web Trader MT4. |
Q 5: | What is the minimum deposit for ThreeTrader? |
A 5: | The minimum initial deposit at ThreeTrader to open an account is $100. |
Q 6: | Is ThreeTrader a good broker for beginners? |
A 6: | No. ThreeTrader is not a good choice for beginners. Although it offers demo accounts on the MT4, it lacks legitimate regulation. |
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