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Duplitrade -

Score

1.54 /10
Danger

Duplitrade

Japan

5-10 years

Suspicious Regulatory License

High potential risk

https://jp.duplitrade.com

Influence

B

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Score

Regulatory Index0.00

Business Index7.26

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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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Broker Information

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Company Name

DupliTrade Limited

Company Abbreviation

Duplitrade

Platform registered country and region

Japan

Company website

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Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2025-01-11
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Data Source WikiFX Data provide
Updated: 2025-01-11
Duplitrade · Company summary
DuplitradeReview Summary
Founded2017-06-28
Registered Country/RegionJapan
RegulationUnregulated
Customer SupportSend a message

Duplitrade Information

Ava DupliTrade, part of the AvaTrade Group, is a system trading platform dedicated to connecting automated trading capabilities to Ava MT4/5, which is provided by AvaTrade's Japanese sister company, DupliTrade.

DupliTrade is a platform provider that supports selective automated trading. It discovers and hires the best traders and expert advisor (EA) developers around the world and connects them to users' Ava MT4/5. To AvaTrade Japan's internal policies and Japan's Financial Instruments and Exchange Act, AvaDupliTrade only provides algorithmic expert advisor (EA) derived buy and sell signals to AvaMT4/5 (as a user's client).

Duplitrade Information

Is Duplitrade Legit?

Duplitrade is not regulated, making it less safe than regulated brokers.

Is Duplitrade Legit?
Is Duplitrade Legit?

What privileges do you have as a member?

Members of Duplitrade enjoy information on various membership plans, free membership, and 30-day free demo accounts. No fees, including setup fees and monthly fees, are payable directly to Ava DupliTrade.

Avatrade Japan is also an investment advisor and agent. Under separate agreements, AvaDupliTrade receives a portion of the spread income generated from foreign exchange transactions or investment advisory fees from clients. AvaDupliTrade also receives platform usage fees and skilled advisor usage fees from AvaTrade Japan but does not charge fees equivalent to investment advisory fees.

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User comment

3

Comments

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FX1616546254
more than one year
I had a really bad experience with Duplitrade. The spreads are ridiculously high, and I believe they might be using algorithms to manipulate candlestick patterns. I wouldn't recommend them to anyone.
I had a really bad experience with Duplitrade. The spreads are ridiculously high, and I believe they might be using algorithms to manipulate candlestick patterns. I wouldn't recommend them to anyone.
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2024-02-05 16:07
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FX1287225689
more than one year
I have been using Duplitrade’s demo account for three weeks, and I am satisfied with its performance so far. But I haven’t make the decision to start real trading with it. You know, beginning to trade with a brand new platform is always not easy.
I have been using Duplitrade’s demo account for three weeks, and I am satisfied with its performance so far. But I haven’t make the decision to start real trading with it. You know, beginning to trade with a brand new platform is always not easy.
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2023-02-24 15:28
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