The company confidently claims to be based in New York and promises traders safe earnings. In addition, the intermediary reports working in 197 countries and more than 45 active clients registering on the platform every month. Meanwhile, none of these claims are documented, and the website does not have a copy of the license, but only its number.
Are all of the firm’s claims true? How reliable is it? From our Trade-x.us review, you will find out whether you can cooperate with this broker without risking your capital.
How to Trade
You can trade CFDs with over 300 instruments on the company’s “globally recognized” authoring platform. The intermediary offers 6 tariff options. At the highest level, with a deposit of $250,000 or more, there are the following features:
- Account insurance up to 75%.
- Fixed and floating spread of 75%.
- 30 trading signals per day.
There are opaque trading terms such as “flexible range” of leverage, spreads from 0 pips, and “variety” of payment methods.
The latest economic news that the firm promises its users is not available on the site. Analytical and educational services are also lacking.
Trade-x.us Vital Info
The authors of the project do not disclose its history and their names. We found only one date specified in the legal documents section – the last update of the Terms dated 12.03.2024. As for the domain, it was created only in April 2024.
We decided to check if this brokerage organization is registered in the USA and if its financial activities are regulated. We found Tradex LLC number 0001912373 on EDGAR. It turned out that this is not a broker at all, but a joint-stock organization that has the right to offer its shares to investors. Therefore, the trade-x.us owner has no legal entity registration and no real regulation, hiding behind a stolen license number.
I like that the company provides excellent conditions for successful trading and the opportunity for decent earnings, and Trade-x.us employees do not create unnecessary obstacles for customers. I found good trading conditions on this site, the almost complete absence of requotes and slippages on important news, as well as trouble-free withdrawal of funds - all this gives me the basis for a positive review of Trade-x.us. The trading rules here are very loyal, which I especially like. I appreciate that the risks here are as limited as possible when dealing with large transactions. In addition, the withdrawal process is very fast, which indicates the reliability of Trade-x.us. The technical support is working perfectly. I had the problem only once, and the consultants responded to me quickly and competently on the same day, which, by the way, is rare in today's forex world, where we all often have to wait a very long time for a response to a request. It is still difficult for me to make comparisons with other sites due to my lack of experience, but I am happy with my choice of Trade-x.us.
My strategy is based on observations of financial events. I encountered a huge gap in TRADE-X.US quotes with the market by trading on news releases, which caused my stop loss to trigger at an inopportune moment, even though the real market was not even close to that price. This unexpected jump resulted in a $4,892 loss and my balance almost went to zero. I advise you to pass by, you won't earn anything here :(
SCAM!!! I tried to withdraw my 3,500 dollars, but these crooks blocked my account without explanation. This is theft! The support service here is not capable of anything but repeating standard phrases. This is lawlessness!
The difference between this platform and the masses of other brokers is the complicated account opening procedure. It may even seem to you that they are not interested in the percentage of trades from their traders, otherwise, they could greatly simplify the opening of an account, because at this stage many potential clients give up thinking about registration. But I am not like that, I care about having a broker's license that guarantees the safety of my funds, and I do not want to work with fake projects that open as quickly as they close. That is why for me the complicated procedure of account opening is one of the important confirmations of the broker's reliability, and I am not frightened by it, rather on the contrary, I am convinced of the safety of trading on trade-x.us. I advise all beginning traders to pay attention to this point when choosing a broker! I would like to note that there are no unforeseen situations in terms of order execution, the terminal works without any delays and there are no huge commissions on the platform. The size of the spreads suits me, especially on the main pairs. I earn more than 200 euros a week. The disadvantage is the minimum of available methods for withdrawal of funds, only bank transfer and payment cards are suitable for me on trade-x.us. Another disadvantage is the work of the support service, sometimes it can be very difficult to get through to them, I had to wait several hours for them to answer me.
This brokerage company is the worst and most unpredictable company I have ever worked with!!! I never thought I could ever be scammed out of more than $15,000. I had a little interest in trade-x.us initially, they had few attractive offers, but I decided to try to take a risk against the background of recent events in the United States when there was a lot of volatility in stocks and price dispersion on the news background and I could make a great profit. Since this company is new, they were offering a zero spread for the first week of trading. I thought I should give it a try as the volumes are not bad and why feed the brokers? But after my funds were credited to my trading account, my account went into high security mode and the operator asked me to re-verify via video link with a staff member. Now I can't enter my cabinet and I realize that it's just a scam and crooks deceived me as a naive fool. Turns out trade-x.us doesn't have an office in NYC, it was all made up to attract newbie bait-and-switch believers like me...
I tried the swing trading strategy on several pairs but was constantly losing money because the broker introduced additional commissions each time, which were not agreed in advance. This affected most of my profits, I lost an amount of about €650. I contacted technical support, but received only formal replies :( There is a complete disregard for the interests of clients here!
There are few financial instruments here, but it should be enough for you if you are a beginner. The design of the trading terminal is very cheap. Besides, the presented financial forecasts on trade-x.us are uninformative, as they are copied from other resources, so they do not represent anything interesting. I wouldn't say I like the minimum deposit of 500 dollars, the developers could make the amount smaller, if they have such a shabby service. Usually, such novice brokers work for those traders who just want to break into the big world of finance, and competitors on Forex do not force newbies to play big. I will note that trade-x claims they have some of the lowest spreads, although this is not true. The spread widens to unimaginable sizes at night and when important news is released, scalping at night is impossible. In general, this broker clearly does not meet the stated level and I do not recommend you to trade here.