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No Regulation
Score
1.45 /10
Danger
Trade121
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
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Exposure
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Website
Score
Regulatory Index0.00
Business Index6.55
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
open now
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Warning: Low score, please stay away!
2
Previous Detection :
2024-09-22
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
- The current information shows that this broker does not have a trading software. Please be aware!
WikiFX Verification
General Information
Trade121 claims that it offers its clients multiple tradable assets, no commissions or fees for winning trades and has put in its efforts in building a very stable binary options trading platform.
Market Instruments
Trade121 advertises that it mainly offers trading on binary options, forex and cryptocurrencies like ETH, BTC and LTC. Some other trading assets like major currencies, commodities, stocks, and indices are also available.
Trading Platform Available
Instead of the worlds most popular trading platforms like MetaTrader4 and MetaTrader5, Trade121 says it offers its clients a highly reliable online trading platform, which is quite simple, convenient to use and features with multiple tradable assets.
Commissions & Fees
Trade121 claims that it generally charges no commissions or fees for winning trades, yet no any other involved information about losing trades.
Deposit & Withdrawal
In the absence of login, we have no way to find any direct information about deposit and withdrawal methods. From the Internet, however, we found that the minimum deposit amount is $30 and the minimal amount to trade is $10.
Customer Support
Trade121s customer support can be reached through mail box: support@trade121.com or leave messages online. Besides, you can also follow this broker on some social media platforms like Facebook, Twitter, LinkedIn and Instagram. Company address: Suite 305, Griffith Corporate Centre, P.O, Box 1510, Beachmont Kingstown Saint Vincent and the Grenadines.
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