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Tradovate -

Score

1.67 /10
Danger

Tradovate

United States

5-10 years

Suspicious Regulatory License

Self-developed

Global Business

Suspicious Overrun

High potential risk

https://www.tradovate.com

Influence

AAA

Add brokers

Comparison

Quantity 2

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.37

Risk Management Index0.00

Software Index4.74

License Index0.00

Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Danger

ID BAPPEBTI
2022-09-20
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Broker Information

More

Company Name

Tradovate Holdings, LLC

Company Abbreviation

Tradovate

Platform registered country and region

United States

Company website

X

Facebook

YouTube

Linkedin

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2025-08-26
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The broker's claimed United StatesNFA regulation (Regulation Number: 0485810) has not been verified. Please be alert to the risks!

WikiFX Verification

Exposure

2 pieces of exposure in total
Pyramid scheme complaint
Expose
Data Source WikiFX Data provide
Updated: 2025-08-26
Tradovate · Company summary
Tradovate Review Summary
Founded2014
Registered Country/RegionUnited States
RegulationNFA (Suspicious Clone)
Trading ProductsFutures, options
Demo Account✅
Leverage/
Spread/
Trading PlatformTradovate platform
Minimum Deposit $0
Customer Support24/5 support, live chat, contact form
Tel: +1 (844) 283-3100; +1 (312) 283-3100
Email: support@tradovate.com
Facebook, X, YouTube, LinkedIn, Twitter

Tradovate Information

Tradovate was registered in the US in 2014, offering trading on futures and options on Tradovate platform with no minimum deposit requirement. It provides various contact channels for customer support, but now it holds a suspicious clone NFA license, which means potential risks cannot be ignored.

Tradovate Information

Pros and Cons

Pros Cons
Demo accounts offeredSuspicious clone NFA license
Various contact channelsLimited trading products
Live chat supportCommission fees charged
No minimum depositLack of deposit and withdrawal details

Is Tradovate Legit?

RegulatorCurrent StatusRegulated CountryRegulated EntityLicense TypeLicense No.
National Futures Association (NFA)Suspicious CloneUnited StatesTradovate Holdings, LLCCommon Financial Service License0485810
license

What Can I Trade on Tradovate?

Tradovate offers trading on futures and options.

Tradable Instruments Supported
Futures✔
Options✔
Forex❌
Commodities❌
Indices❌
Stocks❌
Cryptos❌
Bonds❌
ETFs❌
assets

Account Type

Tradovate offers Free accounts, Monthly accounts and Lifetime accounts with no minimum deposit. Besides, it also offers demo accounts.

Account Type

Tradovate Fees

Account TypeMicro CommissionStandard CommissionMonthly Fees
Free$0.35$1.29$0
Monthly$0.25$0.99$99 per month
Lifetime$0.09$0.59$1,499 one-time payment or 4 installments of $499
Tradovate Fees
Tradovate Fees

Trading Platform

Trading PlatformSupported Available Devices
Tradovate✔Desktop, mobile
Trading Platform

Deposit and Withdrawal

Tradovate accepts payments via debit cards, ACH and wire transfer. However, specific info like deposit and withdrawal processing time and associated fees is not revealed.

Deposit and Withdrawal
Deposit and Withdrawal
Deposit and Withdrawal
Deposit and Withdrawal

News

NewsWIKIFX REPORT: D.A. Davidson Advises NinjaTrader on Its Acquisition of Tradovate

Transaction highlights D.A. Davidson’s deep expertise across the capital markets technology ecosystem

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2022-06-29 15:49
WIKIFX REPORT: D.A. Davidson Advises NinjaTrader on Its Acquisition of Tradovate

NewsEverything you need to know about Forex Trading in South Africa

The foreign currency market is the world's largest financial market, with daily trading volume exceeding 85 trillion ZAR.South Africa's daily forex trading volume is projected to be approximately 271 million ZAR, and the South African rand is among the top 20 most traded currencies, with an annual trading volume over 1 trillion ZAR.

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2022-05-06 15:55
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NewsWikiFX Review: Tradovate, A Broker That You Need to be Aware of

What does Tradovate look like? Can you withdraw money from Tradovate? Is Tradovate legal in your country? Those are important questions that many traders are eager to know the answer to. WikiFX made a comprehension review on this broker to help you better understand the truth, we will analyse the reliability of this broker from specific information, regulation, exposure, etc. And you should never miss it.

WikiFX
2022-05-03 12:30
WikiFX Review: Tradovate, A Broker That You Need to be Aware of

NewsSTRUCTURE OF THE FOREX MARKET

The Forex market is a textbook example of a perfect market built by humans. A market is defined as any location where buyers and sellers come together. When there are numerous buyers and sellers, and they are all aware of who has the best prices, perfect competition is accomplished. Consider ordering your favorite pizza for the greatest price and having it delivered in less than a second. That is what the forex trading market is capable of, despite the fact that it solely deals with currency exchange.

WikiFX
2022-05-02 12:00
STRUCTURE OF THE FOREX MARKET
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User comment

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Comments

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FX1226459765
more than one year
Keep calling like 4-5 times a day, even thou I asked them to stop! Need to block the numbers, because they don't understand NO! I get emails even thou, I unsubscribed like 4 times now! Stay away from this! SPAM all the way.
Keep calling like 4-5 times a day, even thou I asked them to stop! Need to block the numbers, because they don't understand NO! I get emails even thou, I unsubscribed like 4 times now! Stay away from this! SPAM all the way.
Translate to English
2023-02-15 13:57
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w_hq
more than one year
I have used this broker for a while just like 30 minutes ago, their site went blank for some reasons. My trade got closed and my account balance became zero!
I have used this broker for a while just like 30 minutes ago, their site went blank for some reasons. My trade got closed and my account balance became zero!
Translate to English
2022-12-19 09:48
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0
0
2