The brokerage firm proudly calls itself a leading global provider of CFD services. Meanwhile, the company looks ambiguous. On the one hand, it demonstrates the presence of offices in Great Britain and the British Virgin Islands. On the other hand, this organization is somehow unregulated.

Do you want to cooperate with this intermediary but doubt its reliability? Well, in our TradesVisions review, we will discuss this broker’s safety. Read on to find out whether you should trust your funds to this company.

How to Trade

Clients have access to the MT4 Margin WebTrader terminal, which is completely different from the famous MetaTrader 4. Probably, such a name is intended to mislead inexperienced traders. However, this is just our assumption.

You will find on the platform:

  • 7 types of tariff plans.
  • Minimum deposit size $5,000-$500,000.
  • Leverage from 1:1 to 1:200.
  • Minimum lot size 0.01.

The broker hides such important terms as commissions, spreads, and withdrawal times.

If we consider that the headquarters of this company is located in the UK, we do not understand how the broker can offer 1:200 leverage. After all, the UK regulator FCA prohibits using leverage above 1:30.

The intermediary promises to provide e-books and educational articles to registered clients. Tech support is available on weekdays from 9:00 to 17:00.

TradesVisions Vital Info

For some reason, the organization does not disclose the date of its founding, although there is a section “Our History” on the website. It would be logical to include some facts about the company’s life. However, the site owners decided to fill this section with only meaningless phrases about their mission and numerous calls for cooperation. According to the date of creation of the domain, this platform has been operating since July 2024. As a plus, we note the fact that the firm did not make up “years of experience and numerous awards”, as new platforms often do.

There is no information on the website about the registration of a legal entity or the presence of a license. However, we checked the registries of the financial commissions of the countries where the offices of the organizations listed in the footer of the site are located. So, TradesVisions Ltd. is not on the BVI FSC lists, and Trades Visions Ltd. is not on the Financial Conduct Authority register. Furthermore, these companies do not exist in these jurisdictions at all. This means that the addresses provided are fake.

FAQ

What are the key facts about TradesVisions?

The broker's website appeared in July 2024, but the organization hides the date of its foundation and does not show registration documents. Although the firm lists the addresses of two management companies with almost identical names located in the UK and the British Virgin Islands, these firms are not registered or regulated in these jurisdictions.

What's the risk to my wallet when working with this broker?

Cooperating with an anonymous broker who falsifies data about its company and actually works outside the legal field is very dangerous for you. Firstly, there is a high risk factor in trading CFDs with high leverage. Secondly, there is a high probability that you will not be able to withdraw funds here. Thus, the risk of losing your capital is close to 100%.

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