Score

1.48 /10
Danger

AccepTrade

Dominica

2-5 years

Suspicious 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 Index6.76

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

Broker Information

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Company Name

AccepTrade LTD

Company Abbreviation

AccepTrade

Platform registered country and region

Dominica

Company website

Company summary

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

AccepTrade · Company summary

Note: You can't access AccepTrade's official website: https://acceptrade.com/ right now.

AccepTrade Information

AccepTrade is a brokerage firm, that was established in 2023, and is based in Dominica. The company offers trading opportunities in Forex, Indices, Cryptocurrencies and Commodities. AccepTrade has five types of trading accounts called Bronze, Silver, Gold, Premium, and Islamic. For the Bronze account, there is a minimum initial deposit of $250 while the other four accounts will require a lot more capital at the beginning being $500 for Silver account,$1000 for Gold account , $10 000 for premium one, or $500 for Islamic account .

AccepTrade Information

Is AccepTrade Legit?

AccepTrade is seen to operate without regulatory control. Lack of regulation might increase risks among investors as no established framework for monitoring and ensuring fair practices exist.

Is AccepTrade Legit?

Downsides of AccepTrade

  • Unavailable Website

Investors can't reach AccepTrade's main website now, which makes them wonder if it's reliable or easy to use.

  • Lack of Transparency

Investor understanding regarding what AccepTrade remains limited due to insufficient information concerning this platforms operations and dependability.

  • Regulatory Concerns

Investors are unsure if AccepTrade follows any rules, which makes them think twice about how safe the money is and if they can trust the company.

  • Withdrawal Difficulty

A user on WikiFX left a report on using the application where he cited many challenges in the process of withdrawal of funds. This concern was still unsolved after one week and more with the request still pending.

Negative AccepTrade Reviews on WikiFX

“Exposure” is what Word-of-mouth received from users as shown on WikiFX.

Before dealing on unregulated platforms, traders are advised to review information and evaluate risks. Please refer to our platform for further information. If you have any fraudulent brokers that need to be reported visit our Exposure section where our team will help solve your problems.

Negative AccepTrade Reviews on WikiFX

As of now, there was 1 piece of AccepTrade exposure in total. I will introduce it.

Exposure 1. Alleged Scam

ClassificationAlleged Scam
DateMarch 17, 2023
Post CountryNew Zealand

Conclusion

Using a non-regulated platform like AccepTrade can lead to security issues. For that reason, investors are advised to select regulated brokers that ensure transparency in their operations as well as legal compliance with the law when it comes to investments. Look out for platforms monitored by recognized regulatory bodies because they are much safer trading bases.

User Reviews

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User comment

2

Comments

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FX1375600221
more than one year
I traded commodities with AccepTrade about a year ago, and although I didn't make a profit, I felt pretty good overall. After that, due to some reasons, the transaction was not continued. To be honest, I am still quite surprised to see that this company has closed down today. The world changes really fast.
I traded commodities with AccepTrade about a year ago, and although I didn't make a profit, I felt pretty good overall. After that, due to some reasons, the transaction was not continued. To be honest, I am still quite surprised to see that this company has closed down today. The world changes really fast.
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2023-03-17 18:37
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Frank源
more than one year
AcceptTrade is the worst trading broker stealing people’s money by manipulation, but they denied. Guys, let me tell you, I made profits of nearly $300 on my usd/chf, but suddenly, sharp slippage occurred. I lost much a very short time.
AcceptTrade is the worst trading broker stealing people’s money by manipulation, but they denied. Guys, let me tell you, I made profits of nearly $300 on my usd/chf, but suddenly, sharp slippage occurred. I lost much a very short time.
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2023-03-17 18:11
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