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Danger
UK FCA
2024-06-13
Truvecta /www.truvecta.io 
Truvecta
No Regulation
Score
1.14 /10
Danger
Truvecta
1-2 yearsSuspicious Regulatory License
High potential risk
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Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index4.14
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
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Regulatory disclosure
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Warning: Low score, please stay away!
2
Previous Detection :
2024-11-10
- 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
| TruvectaReview Summary | |
| Founded | 2023-08-14 |
| Registered Country/Region | Saint Kitts and Nevis |
| Regulation | Not regulated |
| Market Instruments | Forex, Indices, Commodities, Stocks, Cryptocurrencies |
| Demo Account | ❌ |
| Leverage | Up to 1:500 |
| Spread | Fixed |
| Trading Platform | Truvecta |
| Min Deposit | $5000 |
| Customer Support | Email: support@truvecta.io |
| Phone: +442070431875 | |
| Whatsapp Phone: +447731597201 | |
Truvecta was founded by Вranding Bubble Limited in 2023 in Saint Kitts and Nevis. It offers Forex, Indices, Commodities, Stocks, Cryptocurrencies for trading. Besides, it also provides competitive leverage, which is up to 1:500. However, the high minimum deposit of $5000 and absence of regulation will make traders think twice.
Pros and Cons
| Pros | Cons |
| Multiple trading assets | High minimum deposit |
| Various account types | Relatively new |
| Maximum leverage up to 1:500 | No regulation |
| Fixed spreads |
Is Truvecta Legit?
Financial Services Regulatory Commission (FSRC) in Saint Kitts and Nevis shows no information about the Truvecta. It means Truvecta is not supervised by the regulations and will result in a lot of potential risks, like legal risks or fund risks.
What Can I Trade on Truvecta?
Truvecta provides many trading assets, including forex, cryptocurrencies, commodities, stocks, metals, and indices.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Cryptocurrencies | ✔ |
| Commodities | ✔ |
| Stocks | ✔ |
| Metals | ✔ |
| Indices | ✔ |
| Options | ❌ |
Account Type
Truvecta provides five account types: Basic, Standard, PRO, Gold and Exclusive. The demo account is not mentioned.
| Account Type | Maximum Trading Size | Minimum Deposit |
| Basic | 10 lots | $5000 |
| Standard | 20 lots | $25000 |
| PRO | 40 lots | $100000 |
| Gold | 50 lots | $250000 |
| Exclusive | 100 lots | $1000000 |
Leverage
The leverage of Truvecta varies depending on different account types. The Basic and Standard leverage is up to 1:100, the PRO account is up to 1:200, and the Gold and Exclusive accounts is up to 1:500. Traders should bear in mind that high leverage is always with high returns and high losses.
Spreads
Truvecta's spreads of all accounts are fixed, but the spreads of PRO, Gold and Exclusive accounts are also floating and variable.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Truvecta | ✔ | Mobile, Desktop and Web | Experienced traders |
Payment methods
Truvecta can pay through several ways: Visa, MasterCard, Skrill, Paypal, Swift, Neteller, Citibank and Maestro.
Customer Service
| Contact Options | Details |
| Phone | +442070431875 |
| support@truvecta.io | |
| Support Ticket System | ❌ |
| Online Chat | ✅ |
| Social Media | Whatsapp:+447731597201 |
| Supported Language | English |
| Website Language | English |
| Physical Address | Hamilton Development, Unit B, Charlestown, Nevis. |
The Bottom Line
In conclusion, traders should find a reliable and transparent broker. Though Truvecta provides multiple trading assets and account types, it is still unregulated and its information is limited. Moreover, the minimum deposit is higher than other brokers. Traders should think twice when choosing a broker.
FAQs
Is Truvecta safe?
No. Truvecta is not regulated.
What kind of trading platform does Truvecta offer?
Truvecta is a trading platform with tools and data.
Is Truvecta good for day trading?
No. The minimum depsoit is high, and the withdrawal isn't mentioned.
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