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Score
China
1-2 yearsSuspicious Regulatory License
Self-developed
Suspicious Scope of Business
High potential risk
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Comparison
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Score
Regulatory Index0.00
Business Index4.55
Risk Management Index0.00
Software Index4.37
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
Travelex
Company Abbreviation
Travelex
Platform registered country and region
China
Company website
Company summary
Pyramid scheme complaint
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Note: Travelex's official website - https://www.travelexltd.cc/ is currently inaccessible normally.
Travelex Review Summary | |
Founded | 2023 |
Registered Country/Region | China |
Regulation | Not regulated |
Market Instruments | Forex, Commodities, Stocks, Indices |
Demo Account | ✅ |
Leverage | Up to 1:1000 |
Spread | / |
Trading Platform | FX6 |
Min Deposit | / |
Customer Support | Email: 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.
Pros | Cons |
Various trading assets | Relatively new |
Demo accounts offered | Not regulated |
Lack of transparency | |
No MT4/5 | |
Only email support |
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.
Tradable Instruments | Supported |
Forex | ✔ |
Commodities | ✔ |
Stocks | ✔ |
Indices | ✔ |
Cryptos | ❌ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
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 Class | Max Leverage |
Forex | 1:1000 |
Commodities | 1:500 |
Stocks | 1:100 |
Indices | 1:100 |
Trading Platform | Supported | Available Devices | Suitable for |
FX6 | ✔ | PCs, iOS and Android | / |
MT4 | ❌ | / | Beginners |
MT5 | ❌ | / | Experienced traders |
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