Trade Financial is an unlicensed Forex broker. TradeFinancial.co.za is owned by Armenson Ltd., which is located at: PO BOX 1276, Port Vila, Vanuatu, Republic of Vanuatu.
Customer support email address is: email@example.com, and their phone number is: +27 44 518 0405.
Scam Trading Robots
WARNING: Don’t use any trading robot until you read this article.
You can see the popular trading software listed here.
Trade Financial Review
Investors at the broker Trade Financial will see they are offering their investors a trading platform for CFD and Forex trading called TraderSoft.
Available for trading are hundreds of underlying assets from Forex, Stocks, Commodities and Market Indices. Standard leverage on Forex pairs like EUR/USD is 400:1, and the spread is 2 pips. Right now, TradeFinancial is only offering their web based desktop trading platform, and will soon hopefully release mobile apps and MetaTrader4 soon.
Minimum deposit for their Mini trading account is $250 or R3000.
Automated Trading Software
Making money while you sleep is a popular desire of many investors, however the risks are very high.
If you heard about an automated trading software that prints money, be sure you first read about The Forex Investing Scam. Take a look at the auto-trading systems that are most popular today, see here.
Trade Financial License
Scam Broker Investigator compares and reviews online brokers to see if they are a scam or a legitimate broker. The way to check if the broker is good is by see if they have a license from the government financial regulator.
With Trade Financial, we found that they are not licensed by FSB South Africa.
Compare Trade Financial
When comparing an online brokers a few things to consider are: Brokers License, Trading Platform, Spreads and Account Types.
If you are currently trading at Trade Financial brokers, please share your experience (good or bad) in the comments section below.