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Areatrading

United Kingdom|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://areatrading.io/

Website

Rating Index

Contact

+442030976318
support@Areatrading.io
https://areatrading.io/

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

+442030976318

Broker Information

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Company Name

Areatrading

Company Abbreviation

Areatrading

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-02-28
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Areatrading · Company Summary

Areatrading

General Information

Registered in the United Kingdom, Areatrading is an online forex broker offering clients over 150 trading instruments, such as Forex, Stocks & Indices through the advanced MT4 trading platform. Investors may choose from two different trading accounts on the Nation FX platform, and the maximum leverage available is up to 1:400.

Is Areatrading safe to trade with

Areatrading has let us down when it comes to enforcing rules and regulations. This broker has been confirmed to be outside of the purview of any regulatory bodies. In light of this lack of licensing, WikiFX has assigned it a regulatory status of “No License” and an overall quality rating of 1.12 out of 10.

Please be aware of the considerable risk associated with trading with an offshore, unregulated forex broker.

WikiFX

Market Instruments

Areatrading says it gives investors the great flexibility to diversify their investment portfolios. Different types of trading assets, such as Metals, Oil, Commodities, Stocks, Indices, Digital Currencies are all available through this brokerage platform.

Account Types

With the Areatrading platform, three trading account are available: Beginner, Intermediate, and Advanced. The Beginner account is designed for novice forex traders or those who only trade occasionally. To open this type of account, investors need to fund $250, which is considered a high amount.

If you're an experienced trader, you might want to choose the Intermediate account and the Advanced account, with the minimum initial deposit for each account rising much higher accordingly, the Intermediate account from $2,500 and the Advanced account from $25,000, respectively.

account-types

How to open an account?

Open an account with Areatrading is a simple and easy process:

1. Click on the “OPEN ACCOUNT” link.

2. Fill in required details, including First Name, Email, Country, Phone, and more.

3. Upload personal data for this brokers verification.

4. After approval, an account will be registered successfully.

 account

Spreads & Commissions

Areatrading says it offers zero-commission trading environment, with its spreads not disclosed, which is quite weird. Maybe you can test its trading platform to check out spreads offered.

Leverage

When it comes to leverage, a key red flag with Areatrading is that it permits traders to use leverage of up to 1:400, which is significantly higher than the levels regarded appropriate by many regulators. This is a common practice for offshore companies, and Nation FX just engages in it to increase its client base.

Trading Platform & Apps

Areatrading fails to provide the industry-leading MT4 or MT5 trading platform, a Webtrader offered instead. Some trading Apps are also available, IOS, Android, Windows, MacOS, Linux.

Payment Methods

The minimum deposit to invest with Areatrading is $250 or equivalent amount of other currencies. Limited payment options with this broker for clients to make a deposit and withdrawal, which mainly include the following:

  • VISA

  • Maestro

  • MasterCard

  • Wire Transfer

payment-methods

Customer Support

Traders can reach out to Areatrading about any questions or concerns they may have about their accounts or their trading through the following methods:

Telephone: +442030976318

Email: support@Areatrading.io

A contact form

customer-support

Risk Warning

There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. You can use the leverage to your benefit or to your detriment. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.

The information presented in this article is intended solely for reference purposes.

News

Negative Reviews: UK FCA Warned Against Unregulated FX Broker Areatrading

NewsNegative Reviews: UK FCA Warned Against Unregulated FX Broker Areatrading

2023-01-13 10:36

Regulated forex brokers care about customer feedback because a good reputation can make business better and longer, while scammers like Arearading care because of fearing no more investors will continue to be fooled.

WikiFX
2023-01-13 10:36
News
Negative Reviews: UK FCA Warned Against Unregulated FX Broker Areatrading
WIKIFX Alert! Unregulated FX Broker AreaTrading Warned By UK FCA

ExposureWIKIFX Alert! Unregulated FX Broker AreaTrading Warned By UK FCA

2022-09-01 10:41

Regulated forex brokers worry about client feedback since a strong reputation may help their firm grow and stay longer, however fraudsters like AreaTrading care because they are afraid that no more investors will be duped.

WikiFX
2022-09-01 10:41
Exposure
WIKIFX Alert! Unregulated FX Broker AreaTrading Warned By UK FCA

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清秋薇薇
more than one year
This company is one of the worst companies you can ever think of investing you had earned money, I had a very terrible experience with them, please be careful.
2022-12-07 16:27
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