TraderUR (pronounced; Trader You Are) was a non regulated Forex broker we came across in April 2019. Their website no longer works, and it looks like they are out of business.
For withdrawal problems and complaints go here.
TraderUR Broker Review
Investors at TraderUR are given access to a unique CFD Forex trading platform called TraderSoft.
A wide variety of underlying assets is available for trading including; Major and Minor Forex pairs, Commodities, Market Indexes, Cannabis Stocks and Crypto Currency CFDs. As a CFD broker, you will notice that the spreads are very wide. For example, on BTCUSD, the spread was $70 for a $5200 asset.
Sadly, you will not be able to use the standard MT5 trading platform, because that is not available. If you are looking for a mobile trading app, you will not find one with this company.
A trading bonus is offers to new clients, and sometimes it is as high as 100% of your initial deposit. It is very important to read the terms before accepting a bonus, or you will end up back here reading about trader complaints.
Bitcoin Trading Systems
There is a good chance you found TraderUR, because you signed up for an automated algorithm software. Systems that go by the name Cannabis Trader, Bitcoin Profit, Crypto Revolution are all scams.
If you are interested in Copy Trading or Expert Advisor software, read this.
Is TraderUR a Regulated Broker?
No, TraderUR does not have a license, and is not regulated.
Professional investors all know that the way to properly research if your CFD broker is a scam or legitimate financial institution, is by checking for a license. Every country has their own regulator of brokers, and you should only use a broker that is licensed locally in your country, see here.
TraderUR is officially owned and operated by: Technoric Ltd, which is located at: Suite 305, Griffith Corporate Centre, 1510, Beachmont, Kingstown, St. Vincent and the Grenadines. Contact phone numbers are, Germany: +4932229990008 and Sweden: +46812400563, and their customer support email address is: firstname.lastname@example.org.
Although this broker is officially located in the Caribbean Island of St. Vincent and the Grenadines, they are operating out of Estonia. That is why the do not accept clients from Estonia.
Compare CFD Brokers
Investors looking for a new Forex broker have hundreds of choices when it comes to available brokers. Experienced traders usually have multiple trading accounts at different brokers, which they use depending on the spread and trading conditions. You can find a locally licensed and regulated Forex broker listed here.
Start with a Free Demo Trading Account, signup here.
*76.4% of retail CFD accounts lose money
Existing clients of TraderUR are invited to share their experience using this broker with other investors, in the comments section below.