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Trading Tech

Saint Vincent and the Grenadines|2-5 years|
Suspicious Regulatory License|MT4/5 White Label|Regional Brokers|High potential risk|

https://tradingtech.io/#

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

1
Server Name
EudaimonConsulting-Real1 MT5
Server Location United Kingdom

Contact

support@tradingtech.io
https://tradingtech.io/#
First floor, First St Vincent Bank Ltd Building, James Street Kingstown, St.Vincent and the Grenadines

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

Disclosure

Danger

EE FSA
2022-03-23
Investor Alerts
Trading Tech
CORNERFXTRADE24
ACEINVESTING

Broker Information

More

Company Name

Eudaimon Consulting LLC

Company Abbreviation

Trading Tech

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away!
Previous Detection : 2024-03-01
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

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Trading Tech · Company Summary

Note: Trading Tech is to operate via the website - https://tradingtech.io/#, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

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 No Regulation
Market Instrument Forex currency pairs
Account Type Cent, Pro and Pro+
Demo Account N/A
Maximum Leverage 1:500
Spread Cent: from 0 pointsPro: from 0.1 pointsPro+: from 1.3 points
Commission N/A
Trading Platform MT5/web
Minimum Deposit $250
Deposit & Withdrawal Method credit/debit cards, cryptocurrencies like GameChangers

Trading Tech, a trading name of Eudaimon Consulting LLC, is allegedly a forex broker registered in the United States that claims to provide its clients with various tradable financial instruments with leverage up to 1:500 and floating spreads from 0.2 pips but without any available trading platforms via four different live account types, as well as 24/7 customer support service.

As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads, minimum deposit, etc. Note that the broker says it offers the worlds leading MetaTrader5 trading platform.

As for regulation, it has been verified that Kaiser International currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.29/10. Please be aware of the risk.

General Information & Regulation

Market Instruments

Trading Tech advertises that it is a forex broker that mainly offers forex currency pairs trading. However, more specific information about tradable assets cannot be found on the Internet.

Account Types

Trading Tech claims to offer 3 types of trading accounts - Cent, Pro and Pro+, with minimum initial deposit requirements of €250, €25,00 and €25,000 respectively. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less.

Leverage

Trading Tech states that the leverage it offers could vary between 1:200 and 1:500. 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

All spreads with Trading Tech are said to be a floating type and scaled with the accounts offered. For example, the spread starts from 0 points on the Cent account, from 0.1 points on the Pro account and 1.3 points on the Pro+ account.

Trading Platform Available

The platform available for trading at Trading Tech is one of the most notable and preferred trading platforms the market offers - MetaTrader5 and a web-based platform. The MT5 is highly praised by traders and brokers alike due to its ease of use and great functionality, offering top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors.

Trading Platform Available

Deposit & Withdrawal

You could deposit money with Trading Tech via credit/debit cards, or various cryptocurrencies as well as with unknown GameChangers. The minimum initial deposit requirement is said to be $250.

Customer Support

Trading Tech‘s customer support can be reached by email: support@tradingtech.io. Company address: First floor, First St Vincent Bank Ltd Building, James Street Kingstown, St.Vincent and the Grenadines. However, this broker doesn’t disclose other more direct contact information like telephone numbers that most transparent brokers offer.

Pros & Cons

Pros Cons
• MT5 supported • No regulation
• Website inaccessible
• High minimum deposit ($250)

Frequently Asked Questions (FAQs)

Q 1: Is Trading Tech regulated?
A 1: No. It has been verified that Trading Tech currently has no valid regulation.
Q 2: Does Trading Tech offer the industry-standard MT4 & MT5?
A 2: Yes. Trading Tech offers MT5 and a web-based trading platform.
Q 3: What is the minimum deposit for Trading Tech
A 3: The minimum initial deposit to open a Cent account is €250, while €2,500 for the Pro account and €25,000 for the Pro+ account.
Q 4: Does Trading Tech charge a fee?
A 4: Like every forex broker, Trading Tech charges a spread fee. While the information on other fees like commissions, deposit & withdrawal processing fees are missing.
Q 5: Is Trading Tech a good broker for beginners?
A 5: No. Trading Tech is not a good choice for beginners. Although it offers the leading MT5, it lacks legitimate regulation and its initial deposit amount is unfriendly for beginners.

News

WikiFX Review: Why You Must Be Alert To Trading Tech?

ExposureWikiFX Review: Why You Must Be Alert To Trading Tech?

2022-10-09 17:13

The so-called brokerage Trading Tech is nothing more than an outright scam, which was warned by the British regulatory body.

WikiFX
2022-10-09 17:13
Exposure
WikiFX Review: Why You Must Be Alert To Trading Tech?

User Reviews

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User comment

4

Comments

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FX1293848393
more than one year
I’ve only traded with Trading Tech for two weeks, and the reason I left it was due to its rude and ignorant customer service. Honestly, I did not start real trading. Alright, I don’t have to suffer losses.
2023-03-02 10:05
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0
0
南笙32318
more than one year
The trading tech website doesn't open anymore so I can't invest here and I don't feel like doing it either. Also, the minimum deposit to open a cent account is 250 euros, an almost inadequate amount for a cent account, right?
2023-02-14 16:00
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0
0
FX1185568329
more than one year
It's strange that the company's website is no longer open, and I saw that their penny account actually charges $250... Isn't this threshold a bit outrageous?
2022-12-15 17:27
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0
0
A039900
more than one year
The company is registered in Saint Vincent and the Grenadines, a place that puts me off doing business. Even more surprising, the company's website is down. I think they are bankrupt or have run off with money.
2022-12-02 17:46
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0
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