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    WikiFX Review: Is it OK to invest in Traders Domain?

    Abstract:Can you withdraw money from Traders Domain? Is Traders Domain legit in your country? WikiFX made a comprehension review on this broker to help you better understand the truth, and you should never miss it.
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      What WikiFX is

    WikiFX is an authoritative global inquiry platform providing basic information inquiry and regulatory license inquiry.
    WikiFX is able to evaluate the safety and reliability of more than 34,000 global forex brokers.
    WikiFX gives you a huge advantage while seeking the best forex brokers. For more information, such as the review and exposure of brokers, please visit our website (https://www.WikiFX.com/en)

      About Traders Domain

      Registered in St. Vincent and the Grenadines, Traders Domain is an online forex broker. Saint Vincent and the Grenadines is an attractive place for financial companies to operate through an offshore company. There is no sharp regulation or overseeing of the company operation implemented. The SVG broker can run its activity and accept forex payments through credit cards but is not overseen.

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      Market Instruments

      Traders Domain offers traders a wide range of trading instruments, including Forex currency pairs, stocks, precious metals, crude oil, cryptocurrencies, commodities, and stocks.

      Regulation

      Traders Domain is not a regulated broker. It is risky for you to invest in this broker. An unregulated broker can take your money away fraudulently. According to WikiFX, this broker has been rated as 1.95/10. we advise you to avoid this broker with such a low score since your funds are not under protection.

      (Note: Because different regions or countries have different levels of regulatory strictness, the score of the same broker might be slightly varied in other regions or countries. For details, please consult WikiFX customer service.)

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      Leverage

      The leverage offered by Traders Domain is up to 1:500. It is considered high. Since high leverage can amplify benefits as well as losses, we advise traders, especially inexperienced traders, to be aware of the potential risks.

      Account Type

      Traders Domain offers clients three different accounts, they are ECN account, Islamic account, and Standard account. All three accounts support the MT4/MT5 trading platform as well as Webtrader and Mobile Trading.

      Withdrawal&Deposit

      Traders Domain supports traders to deposit and withdraw funds to their investment accounts via bank wire transfer, VISA, MASTERCARD, Bitcoin, Dashcoin, and other cryptocurrencies. The minimum deposit for all three accounts is $100.

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      Feedback on WikiFX

      As of May 20, 2022, the complaints against this broker have reached 7 in the past three months. Below are some cases among them.

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      This trader from India can not withdraw money from Traders Domain. This broker kept charging fees.

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      This trader who comes from Luxembourg claimed that his/her money seems to be stolen by Traders Domain. And the account has been disabled.

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      This trader in Spain asked for the bonus but the broker refused the withdrawal request.

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      This trader who lives in France complained that Traders Domain blocked his/her account without giving a reason. This trader eventually lost contact with Traders Domain. This is typical scam behavior.

      Conclusion

      Due to too many complaints, this broker likely gets involved in the scam. We advise you to avoid this unlicensed broker since you don't want to lose everything to the last penny. If you want to know more information about the reliability of certain brokers, you can open our website (https://www.WikiFX.com/en). Or you can download the WikiFX APP to find the most trusted broker for yourself.

      Click on Traders Domain' WikiFX page for details

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    United States Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand
    Current Rate  :
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    Amount
    United States Dollar
    Available
    -- United States Dollar
    Risk Warning

    The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

    Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

    Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

    Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.