The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints!
Risk Management Index
The Australian Securities and Investments Commission (ASIC) is an independent Australian government body that acts as Australia's corporate regulator, which was established on 1 July 1998 following recommendations from the Wallis Inquiry. ASIC's role is to enforce and regulate company and financial services laws to protect Australian consumers, investors and creditors. ASIC's authority and scope were determined by the Australian Securities and Investments Commission Act, 2001.
License Type:Common Business Registration
Regulated in Country/AreaAustralia
Regulatory License No.：616 567 698
Email Address of Licensed Institution :--
License Type:No Sharing
Website of Licensed Institution :
Expiry Date :--
Address of Licensed Institution :DONCASTER VIC 3108
Phone Number of Licensed Institution :--
Most visited countries/areas
The data are from WIKI Research 2021.05.09 updated
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General Information & Regulation of Tradesto
Tradesto, a St. Vincent and the Grenadines registered online Forex and CFD broker, was founded in 2012 and set offices in St. Vincent and the UK. Tradesto's website indicates that it is regulated by the Australian Securities and Investments Commission ASIC (regulatory number: 616567698) and the Vanuatu Financial Services Commission (regulatory number: 14736).
Safety Analysis of Tradesto
Tradesto holds an ASIC license (Registration of a Foreign Company), not a retail forex license, STP license, or full license, and Tradesto's forex trading service is an over-limit operation, as Tradesto itself is not regulated by ASIC. The safety of investors' funds and trading activities on the Tradesto platform are not necessarily subject to limited regulation. Therefore, investors are advised to use the Tradesto forex trading platform with caution.
Tradesto provides investors with financial instruments, including popular currency pairs, metals, indices, and stock CFDs in the Forex market.
Accounts & Leverage of Tradesto
To meet the investment needs and trading experience of different investors, Tradesto offers six different types of trading accounts, namely, Standard, Islamic, ECN, MAM, Joint and Corporate accounts. Tradesto offers maximum trading leverage up to 1:500.
Spreads & Commissions
Standard accounts have a spread of 0.1 pips and a commission of 10 USD per lot. Spreads and commissions for other accounts are not available.
Trading Platform Available of Tradesto
Tradesto provides investors with the market-leading and highly acclaimed MT4 trading platform. MT4's user-friendly trading interface, powerful charting tools, real-time quotes, advanced technical analysis, and automated trading features provide traders with an easy trading experience and help them get ahead in the financial markets. Additionally, Tradesto also offers a mobile APP trading platform for traders.
Deposit and Withdrawal of Tradesto
Tradesto supports traders to deposit and withdraw funds from their investment accounts through various methods such as wire transfer (takes 2-6 business days), Help2pay, Shop2pay, credit cards, Neteller, I-Account, Fasapay, China UnionPay, Bitcoin.
Pros & Cons of Tradesto
The main advantages of Tradesto are:
1. Multiple trading accounts
2. Acceptable minimum deposit amounts
3. MT4 trading platform
4. Multiple deposits and withdrawal methods
5. The availability of free demo accounts
The main disadvantages of Tradesto are:
1. The ASIC license for over-limit operations
2. No US clients
3. No cryptocurrency trading
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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.
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