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Tradeo

Cyprus|5-10 years|
Regulated in Cyprus|Straight Through Processing(STP)|MT4/5 full license|Regional Brokers|High potential risk|

https://tradeo.com/

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

Tradeo-Demo

United States
MT4
2

Influence

C

Influence index NO.1

Poland 2.60

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
Tradeo-Demo MT4
Server Location United States

Influence

Influence

C

Influence index NO.1

Poland 2.60

Surpassed 22.26% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+357 22222113
support@tradeo.com
https://tradeo.com/
15, Spyrou Kyprianou Ave, Matrix Tower II, 4th floor, 4001, Limassol, Cyprus

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+357 22222113

Korean

+ 44-203-129-3647

German

+357-22222113

Broker Information

More

Company Name

UR TRADE FIX Ltd

Company Abbreviation

Tradeo

Platform registered country and region

Cyprus

Company website
Twitter
Facebook

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 3
Previous Detection : 2024-03-02
  • The number of this brokers's negative field survey reviews has reached 2. Please be aware of the risk and the potential scam!
  • The BelizeFSC regulation (license number: IFSC/60/284/TS/17) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

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Tradeo · Company Summary

Registered in Cyprus
Regulated by CYSEC
Year(s) of establishment 2-5 years
Trading instruments Currency pairs, indices, commodities, metals, energy, cryptocurrencies, stocks, bonds
Minimum Initial Deposit $1,000
Maximum Leverage 1:30
Minimum spread Information not available
Trading platform Information not available
Deposit and withdrawal method bank transfer, VISA, skrill, safecharge, trust, neteller, worldpay, emerchantpay
Customer Service Email/phone number/address
Fraud Complaints Exposure Yes

General information and regulations of Tradeo

Tradeo is a forex broker registered in Cyprus and regulated by local institution CYSEC with a history of no more than a decade.

Its worth mentioning that on the homepage of Tradeo we see this notice: Tradeo ceased offering trading services last year in May. Trading and ancillary will not recommence, and the brand/platform will be permanently discontinued.

As a result, if you‘re interested in being a new client of Tradeo, we’re afraid that you may need to find another forex broker.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on.

At the end of the article, we will also briefly summarize the main advantages and disadvantages so that you can understand the broker's characteristics at a glance.

información general

Market instruments

Currency pairs, indices, commodities, metals, energy, cryptocurrencies, stocks, bonds .....Tradeo allows clients to access a huge range of trading markets. Therefore, both beginners and experienced traders can find what they want to trade on Tradeo.

market instruments

Spreads and commissions for trading with Tradeo

Tradeo does not detail on its website additional trading costs such as spreads, commissions, SWAPs, etc. These costs are very important when calculating profits and losses, and should be considered in aggregate and not chosen in isolation. If you want to trade with Tradeo, we recommend that you take the time to calculate these transaction costs.

Account Types for Tradeo

Demo Account: Tradeo provides a demo account that allows you to try out the financial markets without the risk of losing money.

Live Account: Tradeo offers a total of 5 account types: standard, classic, gold, platinum and premium. The minimum deposit to open an account is $1,000, $2,500, $10,000, $25,000 and $50,000 respectively. If you are still a beginner and don't want to invest too much money in Forex trading, a standard account will be the most suitable option for you. However, we should also realize that too little capital not only reduces losses, but also reduces profitability. Therefore, you may find it “unexciting” or unprofitable. In addition, accounts with smaller initial deposits tend to have poorer trading conditions.

account types

Trading platforms offered by Tradeo

Tradeo does not give information about its trading platform, but from the peers and the website as a whole, it should be a trading platform developed by itself.

Leverage offered by Tradeo

The maximum leverage offered by Tradeo is only 1:30, which may seem too low to you. In reality, those leverage of up to 1:500 or even 1:1000 are all from unregulated or offshore regulated brokers, and as we know, offshore regulation is much less strict regulation. For brokers that are formally regulated by the major regulatory bodies, they can only offer leverage of 1:30 or 1:50 at best, which is sufficient for the novice Forex trader. Lower leverage reduces the potential gains on trades, but more importantly, it reduces much of the risk. We recommend that you always keep your account risk at 2% or less.

Deposit and withdrawal methods and fees

In terms of deposit and withdrawal, like many good brokers, Tradeo provides a detailed form with important information about currency, payment method, minimum amount, fees, etc. The feasible payment methods are bank transfer, VISA, skrill, safecharge, trust, neteller, worldpay, emerchantpay.

deposit and withdrawal

Educational resources

There is no education section on the Tradeo website. Many brokers are able to provide a variety of educational resources such as video courses, seminars, e-books, related articles, glossaries that provide some basic knowledge about trading. This is not the case with Tradeo.

Customer support of Tradeo

Below are the details about the customer service.

Language(s): English, Spanish, German, Dutch

Email: support@tradeo.com

Phone Number: +357-22222113

Address: 15, Spyrou Kyprianou Ave, Matrix Tower II, 4th floor, 4001, Limassol, Cyprus.

customer support

Users exposures on WikiFX

On our website, you can see that some users have reported scams. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.

users' exposure

Advantages and disadvantages of Tradeo

Advantages:

Well regulated

Many instruments available

Demo account

Disadvantages:

Complaints

Few information available

No educational resources

Few deposit and withdrawal methods

No MT4/MT5

No copy trading

Frequent asked questions about Tradeo

Is this broker well regulated?

Yes, it is currently effectively regulated by CYSEC.

User Reviews

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User comment

5

Comments

Write a review

FX1215839020
more than one year
Funding accounts was easy, while when you say you want to withdraw funds, everything changed. This is what I have experienced. My account manager is so impatiently, just leaving one word: wait...
2023-02-20 09:48
Reply
0
0
-YouMe•
more than one year
Tradeo has a bad reputation, I remember. This broker asks for high minimum deposit, offering wide spreads… What’s worse, its slow withdrawal processes, which drive me crazy. I ended up with lose $3378 on this platform, and I don’t want to see it again.
2023-02-16 10:14
Reply
0
0
Wayne3035
more than one year
At first I felt that Tradeo was a company with good trading conditions, but then I saw a lot of negative information on the wikifx website! I decided not to trade with them to protect my money.
2022-11-28 17:45
Reply
0
0
张晨晨、
more than one year
I don't know where their salesman got my phone number, and they kept calling me to harass me. I have obviously added them to the blacklist, but every once in a while the system will automatically delete them from the blacklist, and then they can successfully call me again. terrible!
2022-11-27 12:15
Reply
0
0
wei1307
more than one year
I think of Tradeo as a place for active trading, and things don't seem too bad here. The support service also seems fine. But when you ask for a withdrawal, problems start. I sent the documents again because I was asked for them again. I finally got the money two weeks later. That's a lot of time.
2022-11-26 09:51
Reply
0
0
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