Sponsored By
de | cn | ru

TradeV Review - Is it scam or safe?

TradeV Review - is tradev.com a good forex broker or a scam?

RATING: 3 / 3 REVIEWS TradeV
FIND BETTER FOREX BROKER

RECOMMENDED FOREX BROKERS


Trading Accounts & Conditions

 

Account type Minimum deposit  Minimum trade size Maximum leverage Spreads (& commission)
Classic $500 0.01 1:200 2.5 pips, fixed
Premium $5000 0.1 1:400 1.5 pips, fixed
ECN  $5000 0.1 1:400 From 0.3 pips + $12 commission

 

TradeV offers several forex trading account types, its clients may choose between fixed or variable spreads and leverage up to 1:200 or 1:400. Micro lots are available for trade solely on the Classic account type.

 

In addition to the accounts above, there are two VIP account types (Classic & ECN), offering better trading conditions, but requiring high initial deposits ($50 000/$25 000), as well as Islamic (swap-free) accounts that do not involve any interest/swap charges on overnight positions.

 

Besides, anyone who deposits more than $500 is entitled to Free VPS Hosting.

 

According to us, the minimum initial deposits required are too high, considering the fact that TradeV is an offshore brokerage, high is not regulated. What is more, the ECN account involves a salty commission of $12, while plenty ECN brokers charge from $4 to $8 per standard lot round-turn.

 

The Company. Security of Funds

 

Founded in 2011, TradeV offers trading in forex, CFDs on indices, shares, commodities and precious metals on two trading platforms. The brand is operated by TradeV ltd., a company registered on the Marshall Islands, which maintains representative offices in Scotland and United Kingdom.

 

Brokers based in Marshall Islands are not under any regulation and if you choose to invest in offshore brokerages, you should keep in mind that your money is not safe.

 

That is why we generally advise traders to avoid offshore companies and to invest with brokers regulated by reliable authorities such as UK’s FCA, or Australia’s ASIC

 

Trading platforms

 

This broker supports two trading platforms: MetaTrader 4 (MT4) and Sirix. The widely used MT4 is available as a desktop version, mobile applications, and there is also the MT4Multiterminal for asset managers, while Sirix is a web-based platform (mobile version is also provided).

 

Methods of Payment

 

TradeV offers its clients the following payment modes: credit/debit card, bank wire transfer, and popular e-wallets Skrill, Neteller, CashU, Qiwi, WebMoney, China UnionPay, K-net and FasaPay.

 

Conclusion

 

TradeV is an offshore broker that provides online trading services in forex and various CFDs on two trading platforms – MT4 and Sirix. Here are, in a nutshell, the pros and cons of TradeV:

 

Pros Cons
Choice of trading platforms, MT4 available  Not regulated
Free VPS hosting for deposits above $500 High initial deposits required
ECN execution available ECN spreads involve a salty commission
High leverage levels provided High spread on Classic account  

 

Latest news about TradeV
Broker Country Regulation Platform Min Deposit Review
US CFTC, NFA MT4, Web,
in-house
$50 Review Website
Cyprus, UK, Belize CySec, FCA, IFSC MT4, MT5, Web $5 Review Website
Cyprus, Australia CySec, ASIC MT4, Web,
Mobile app
$100 Review Website
UK, Cyprus, Hong Kong FCA, CySEC, SFC MT4, Web,
PrimeTrader
$100 Review Website
UK, Cyprus, Australia FCA, CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia FCA, ASIC MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, South Africa CySec, FSCA, FSC MT4, MT5, Web $5 Review Website
Cyprus CySEC MT4, Web $25 Review Website

Traders` reviews for TradeV

Spread

Pros

Cons

 

 

Slippage

Pros

Cons

 

 

Requotes

Pros

Cons

 

 

Price feed

Pros

Cons

 

 

Platform

Pros

Cons

 

 

Deposit/Withdraw

Pros

Cons

 

 

Customer service

Pros

Cons

 

 

Summary

Pros

Cons

 

 

TradeV: Bad I would not recommend one to them

Serving customers after bad ..
I was ignored by the account manager so much that I do not know if she is fraudulent ?? Or an employee at the company ???
I contacted the company many times through the window of communication from their site and I sent many of the emails and did not receive any response !!!!!
I subscribed 6 months ago on the basis of monthly profits and I have not received, nor Shi and larial ???
And above that bad ignorance, which treats the client ?? As if sharpening their money
And not his own money !!!!

k 05/25/2017

Tradev Scam

Hi, my experience of tradev is as follows, in January I received my pension but tradev immediately took out 250 dollars and left me very short of money, I emailed them and explained they'd made a mistake, they replied and said I had to fill in a load if forms so I did, then they said I had to sign another form so I asked them how do you sign a form which they totally ignored, after two months of trying I threatened them with bad publicity being ignored all the time then somebody replied and said he'd been trying to call me on my old number, so I explained I had moved address and had a different number which I gave him he seemed OK but like the rest I've heard nothing since, you can't get thru in phone calling also, that's basically it, they will not return my pension money, never even had a trade, yours sincerely cliff Hornsby

Clifford Hornsby 05/11/2017

TradeV Scam

Diese angebliche Firma sammelt nur Geld ein und zahlt nicht aus, Kollegen von mir haben auch Geld verbrannt. Support antwortet nicht uns keine Reaktion.

Translated by Google:

This alleged company only collects money and does not pay, colleagues of mine have also burned money. Support does not answer us no response.

Stefan Beth 04/27/2017
de | cn | ru