Score

1.25 /10
Danger

Travelex

Suspicious Regulatory License

Self-developed

Suspicious Scope of Business

High potential risk

Add brokers

Comparison

Expose

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index4.55

Risk Management Index0.00

Software Index4.37

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

More

Company Name

Travelex

Company Abbreviation

Travelex

Platform registered country and region

China

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

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

Travelex · Company summary

Note: Travelex's official website - https://www.travelexltd.cc/ is currently inaccessible normally.

Travelex Review Summary
Founded2023
Registered Country/RegionChina
RegulationNot regulated
Market InstrumentsForex, Commodities, Stocks, Indices
Demo Account
LeverageUp to 1:1000
Spread/
Trading PlatformFX6
Min Deposit/
Customer SupportEmail: service@travelexltd.com

Travelex is a relatively new broker in the industry, offering forex, commodities, stocks and indices to trade on the FX6. It also offers demo accounts. However, it is unregulated.

Travelex's homepage

Pros and Cons

Pros Cons
Various trading assetsRelatively new
Demo accounts offeredNot regulated
Lack of transparency
No MT4/5
Only email support

Is Travelex Legit?

No, Travelex is not regulated by any financial authorities. It doesn't need to obey the rules of any regulations. Traders should be cautious when trading.

What Can I Trade on Travelex?

Tradable Instruments Supported
Forex
Commodities
Stocks
Indices
Cryptos
Bonds
Options
ETFs

Leverage

Travelex's leverage varies by different assets. For Forex trading, the platform offers a high leverage ratio of 1:1000, while for Commodities trading, the leverage is set at 1:500. In contrast, stocks and indices trading have a lower leverage ratio of 1:100. The higher the leverage, the more profits and losses.

Asset ClassMax Leverage
Forex1:1000
Commodities1:500
Stocks1:100
Indices1:100

Trading Platform

Trading PlatformSupported Available Devices Suitable for
FX6PCs, iOS and Android/
MT4/Beginners
MT5/Experienced traders

User Reviews

More

User comment

2

Comments

Write a review

Juan Carlos 718
more than one year
Offers common currency pairs. Exotic pairs are limited.
Offers common currency pairs. Exotic pairs are limited.
Translate to English
2024-07-22 14:23
Reply
0
0
Noah Shone
more than one year
Trading with Travelex is a pleasure. Their platform is slick, executions are speedy.👍👍👍
Trading with Travelex is a pleasure. Their platform is slick, executions are speedy.👍👍👍
Translate to English
2024-05-29 12:05
Reply
0
0