A broker is a person or business that stands between a potential investor and a securities exchange. Individual traders and investors require the services of exchange members since securities exchanges only accept orders from people or companies who are members of that exchange. Brokers offer that service and are paid in a variety of methods, including commissions, fees, or payments from the exchange itself.
Owner of the Tradiso Forex Company is the Saint Vincent and the Grenadines-based Tradiso Group LLC. They boldly declared that the FSA regulates them. However, there is a slight issue here. The FSA was quite clear that they exclusively regulated banks, insurance firms, and pension funds. Every Forex and binary option company should choose to obtain a license in the country of provision. This essentially means that the FCA, ASIC, BaFin, CFTC, or other respectable licencing providers should regulate Tradiso. However, this is untrue. You can learn more about Tradiso Review before using.
The majority of Tradiso customer complaints centre on customers’ inability to get their money back. Customers are experiencing withdrawal troubles, which is understandable given that the company has no real regulations. The best help is always provided after investing money. However, if you wish to cash out and quit, it won’t be possible. Additionally, there is no regulation to compensate you, so be careful.
The Tradiso Trading is active where?
Tradiso appears to be active mostly in:
- US
- Canada
- Lithuania
However, there are no prohibited places for this offshore con artist, so take caution. Anywhere you are, if you click on their advertisement and make a purchase, you could end up being the next victim. My friendly suggestion is to refrain from doing it to yourself. Additionally, you should stay away from fraudsters like Premium X Capitals, EUFM, and Bitmoon24.
Web and mobile trading with Tradiso
If there is anything positive to mention, the Tradiso trading platform is it. We won’t deny that this company offers more options than many of its offshore rivals; you can select from MT4, MT5, and a Dashboard Trader Pro. All of these platforms provide a great selection of charts and indicators and are accessible on desktop and mobile devices. The leverage, which can reach 1:100, is unregulated, and the many account kinds are not totally apparent. The minimum deposit requirement for Tradiso is not disclosed anywhere, so you enter the transaction in the dark.
Final Thoughts
It is safe to state that Tradiso has the finest range of crypto CFDs among the forex brokers we have studied. It’s simple to regard Tradiso as a viable option for people who are interested in trading cryptocurrencies but don’t want to deal with wallets to hold the coins themselves when we also take into account the broker’s exclusive focus on crypto deposits and withdrawals. Additionally, the broker provides large leverage, which is undoubtedly appealing to certain traders. Tradiso may be worthwhile to investigate for cryptocurrency traders and other individuals looking for access to high-leverage trading on MetaTrader or the Dashboard Trader Pro.
