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Tredero -

Score

1.44 /10
Danger

Tredero

Mauritius

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://tredero.com

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Score

Regulatory Index0.00

Business Index6.43

Risk Management Index0.00

Software Index4.00

License Index0.00

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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

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Broker Information

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Company Name

Tredero

Company Abbreviation

Tredero

Platform registered country and region

Mauritius

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-26
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Tredero · Company summary
Registered Country Mauritius
Regulation No license
Minimum Deposit $250
Account Types Mini, Basic, Prime, VIP, Infinite
Maximum Leverage 1:500
Trading Platform MT5, Swift Trader
Demo Account Available
Trading assets Forex, Indices, Metals, Energies, Soft Commodities
Payment Methods Wire Transfer, e-Wallets, Credit/Debits Cards
Educational Resources Video Tutorials, Strategies, eBooks, Glossary
Customer support Telephone: +230 529 70264Email: support@tredero.co

General Information

Oneprime Ltd is the parent trade name of Tredero. It is a Mauritius-based trading company that presents traders a wide range of tradable asset classes as well as deal implementation on the MT5 trading platform. Traders can invest in the most widely traded instruments, such as Forex Currency Pairs, Global Indices, and agricultural items. All trading platforms are accessible for desktop and mobile devices, as well as a browser-based trading platform, which is standard for anyone using a shared computer or who does not want to install any software on their PC.

The tredero trading environment proposes a completely transparent approach to online trading, and also has a variety of add-ons to help you improve your trading skills and results.

Here is the screenshot of Tredero official website:

basic-information

Regulation

When it comes to regulation, Tredero disappoints us for it does not hold any license to support its operation. Here we can see that this broker only gets a very low score of 1.29/10 on WikiFX.

regulation

Account, Spreads, Leverage

Tradero has five trading account types which are:

Mini account with a minimum deposit of $250 and spreads from 1.2 pips.

Basic with a minimum deposit of $3,000 and spreads from 1 pips.

Prime with a minimum deposit of $15,000 and spreads from 0.7 pips.

VIP with a minimum deposit of $50,000 and spreads from 0.2 pips, and

Infinite with a minimum deposit of $250 and spreads from 0.2 pips.

Tredero claims to have a leverage of up to 1:500, while in reality no leverage was found.

Market Instruments

It seems that only three classes of trading instruments can be traded on the Tredero platform, which covers Forex Pairs, Commodities, as well as Energies.

market-instruments

Trading Platform

Although users can still trade assets, the trading software used here is unusual, and we're not sure if we can really call it a trading terminal.

Each asset has its own chart, pending orders, stop-loss, take-profit, and time frames. It's actually rather convenient, but there aren't enough alternatives to keep any user interested for more than 20 minutes.

It's overly basic and lacks the complexity of other platforms. They provide the following trading platforms: MT5, Swift Trader Desktop, and Web and mobile.

Deposit & Withdrawal, Fees

Concerning deposit and withdrawal, clients are allowed to make a deposit and withdrawal through a series of payment options, including VISA, MasterCard, Bank Wire, AVOPay EFT, and ZotaPay. Deposit charges no fees.

However, this broker is quite vague about its withdrawal issues, with its withdrawal methods, processing time and fees not disclosed.

payment-methods
payment-methods
payment-methods

Customer Support

Their customer service support is 24 hours/day, 5 days/week.

Live chart exist which can be used to ask for support and other methods of contacts to seek for help and guidance are available which include phone and email.

Pros & Cons

Pros Cons
Generous leverage up to 1:500 No regulation
Online chat supported Limited trading assets
High minimum deposit required
VPS only for the VIP and Infinite accounts
No information about withdrawals

Frequently Aksed Questions

Is Tredero regulated？

No, Tredero is not regulated anyway.

What deposit and withdrawal methods does Tredero support？

Tredero supports clients to make a deposit and withdrawal through Credit Cards, Wire Transfer, and more.

How long do withdrawals take？

Tredero promises that it averagely takes 48 hours for withdrawn funds to arrive. But the time mainly depends on the processes of clients bank or credit card company, and delays may be incurred at these.

What trading platform does Tredero offer？

Tredero gives its clients two choices of trading platforms, including MT5 trading platform and Swift Trader.

User Reviews

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User comment

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Comments

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JuanDelgado
0-3months
I have used a lot of broker`s services and could understand that I care only about one thing, how affordable and beneficial for me, is trading with a particular broker. Not the cutting edge platforms, not wide selection of educational materials, not super-friendly support, just raw trading conditions, in terms of broker`s cost. Tredero is a good example of this concept. Their platform is a bit outdated and they don`t provide fascinating additional services, but their conditions of trading crypto suited me well. Even though they charge commissions per lot and spreads, the cost is still cheaper than just variable spreads that tend to be very wide, when we speak about bitcoin. These conditions, combined with higher than market leverage provided me the reasons to trade with Tredero.
I have used a lot of broker`s services and could understand that I care only about one thing, how affordable and beneficial for me, is trading with a particular broker. Not the cutting edge platforms, not wide selection of educational materials, not super-friendly support, just raw trading conditions, in terms of broker`s cost. Tredero is a good example of this concept. Their platform is a bit outdated and they don`t provide fascinating additional services, but their conditions of trading crypto suited me well. Even though they charge commissions per lot and spreads, the cost is still cheaper than just variable spreads that tend to be very wide, when we speak about bitcoin. These conditions, combined with higher than market leverage provided me the reasons to trade with Tredero.
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2024-12-13 18:54
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AbbaadRifaah
0-3months
I wanted to write something like a review about Tredero and trading conditions that are available to me on this platform. I'm happy with my broker and therefore I want to show other traders that this is a good option Screenshot that I attached to this comment shows that Tredero has several accounts, depending on what minimum deposit company's client is willing to make. I have almost 5000 dollars on my trading account and therefore I have Bronze one. I have some advantages, including a narrower spread compared to the base account. And I can also use services of Dedicated representative. Leverage on my account is up to x500, which means that with moderate risk I can get big profit.
I wanted to write something like a review about Tredero and trading conditions that are available to me on this platform. I'm happy with my broker and therefore I want to show other traders that this is a good option Screenshot that I attached to this comment shows that Tredero has several accounts, depending on what minimum deposit company's client is willing to make. I have almost 5000 dollars on my trading account and therefore I have Bronze one. I have some advantages, including a narrower spread compared to the base account. And I can also use services of Dedicated representative. Leverage on my account is up to x500, which means that with moderate risk I can get big profit.
Translate to English
2024-11-15 08:15
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