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TradoBit -

Score

1.46 /10
Danger

TradoBit

Greece

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://www.tradobit.com

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Score

Regulatory Index0.00

Business Index6.63

Risk Management Index0.00

Software Index4.00

License Index0.00

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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

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-20
  • 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

TradoBit · Company summary

General Information

TradoBit presents itself as a Dominica-based brokerage that offers advanced online trading on a choice of over 100 assets, including trade CFDs on forex, stocks, cryptocurrencies and ETFs. It also offers up to 1:200 leverage.

Market Instruments

TradoBit offers a wide selection of over 100 assets across forex, stocks, cryptocurrencies, commodities and ETFs.

Account Types

Account information cannot be seen directly on the website unless you open a account.

Leverage

TradoBit provides a leverage of up to 1:200 for forex assets. Keep in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads & Commissions

In terms of spreads and commissions, there is no direct mention on the website.

Trading Platform Available

TradoBit provides access to a web-based trading platform. However, other popular trading platforms like Meta trader 4 and Meta trader 5 are not available.

Deposit & Withdrawal

TradoBit has several payment methods listed at the footer of its website. Investors can allegedly deposit funds via Bitcoin, Visa, bank transfers, MasterCard, and SEPA. Unfortunately, we cannot confirm if these are indeed the option available for clients.

The minimum deposit is $250 – much higher than what other, legitimate brokers require to open an account between $100 and 200 at most. Furthermore, it also offers cheaper micro accounts which cost no more than $10 at most.

Customer Support

TradoBits customer support can be reached through e-mail: support@tradobit.com, website: www.tradobit.com. Company address: 27 Great Marlborough Street, Roseau, Commonwealth of Dominica & Suite 305, Griffith Corporate Center, Kingstown, Saint Vincent and the Grenadines.

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干就完ｌｅ
more than one year
The deposit and withdrawal policy on the website of the company TradoBit is useless, and they charge me various fabricated fees when withdrawing money. I asked the customer service that these fees are not listed on the website, and they replied that TradoBit reserves the right to increase the fee without further notice to the customer.
The deposit and withdrawal policy on the website of the company TradoBit is useless, and they charge me various fabricated fees when withdrawing money. I asked the customer service that these fees are not listed on the website, and they replied that TradoBit reserves the right to increase the fee without further notice to the customer.
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2023-03-17 18:36
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文平
more than one year
The website of the company tradobit can no longer be opened, and I see that it does not have any regulatory license. I haven't seen anyone claiming to be scammed. Hope it's the case.
The website of the company tradobit can no longer be opened, and I see that it does not have any regulatory license. I haven't seen anyone claiming to be scammed. Hope it's the case.
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2023-03-07 15:02
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