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Score
China
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Quantity 2
Exposure
Score
Regulatory Index0.00
Business Index7.24
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
Danger
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Company Name
Trade 12
Company Abbreviation
Trade 12
Platform registered country and region
China
Company website
X
Company summary
Pyramid scheme complaint
Expose
BASIC INFORMATION:
Trade12 is an unregulated forex broker offering multi-asset trading on the MT4 platform. Established in 2008, Trade12 is an unlicensed broker headquartered in the Marshall Islands. The company operates internationally, from Ukraine to Israel. Its range of forex, commodities and futures are traded daily, across the globe.
REGULATORY INFROMATION: LICENSE
No valid regulatory information
Please be aware of the risk!
MARKET
Trade12 offers three primary asset classes:
· Forex – trade over 50 currency pairs including majors, minors and exotics, such as EUR/USD, EUR/GBP and USD/CHF
· CFDs – trade futures on commodities, shares and indices, including the Dow Jones and Microsoft
· Commodities – trade hard and soft commodities such as oil and precious metals
SPREADS & COMMISSION
Spreads on major and minor currency pairs such as EUR/USD begin at 1.2 pips and for EUR/GBP, start at 1.5 pips. For commodities, spreads begin at 4.5 pips for gold and 4 pips for silver. Premium account holders benefit from more competitive, fixed spreads whilst floating spreads are available for Beginner and Trader account holders. Premium account holders also enjoy lower transactional fees
LEVERAGE
Leverage up to 1:400 is available with Trade12. Leverage is fixed across all account types.
ACCOUNT TYPES
Trade12 offers four account types: Beginner, Trader, Expert and VIP. All accounts offer daily analysis, 24-hour customer support and mobile trading. The benefits as you progress towards the premium accounts include free VPS hosting, free bank transfers and tighter, fixed spreads. Deposits start from $250.
DEPOSITS & WITHDRAWALS
Trade12 permits clients to make deposits, withdrawals and payments via multiple options:
· Bank wire transfer
· Credit/debit card – Visa & Mastercard
· E-wallets – Skrill, Moneybookers, Ali Pay and CashU
The minimum deposit is $250. Trade12 does not charge additional transaction fees.
TRADING PLATFORMS
· Meta Trader 4
· Web Trader
TRADING HOURS
Forex trading is accessible 24 hours a day from 5:00 pm ET Sunday to 5:00 pm ET Friday. For more information, head to the ‘Market Trading Hours’ tab on the brokers website or contact the customer support team.
CUSTOMER SUPPORT
Traders can speak to customer support 24/5 via:
· Email – support@trader12.com
· Phone – +18886834913
· Live chat
ACCEPTED COUNTRIES
Trade12 accepts traders from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, India, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.
Traders cannot use Trade12 from United States, France, Belgium, Afghanistan, Botswana, Cote DIvoire, Cuba, Cyprus, Gambia, Egypt, Ghana, Guinea-Bissau, Guinea, Iraq, Iran, Kyrgyzstan, Lesotho, Liberia, Libya, Niger, Korea, Senegal, Sierra Leone, Somalia, Tajikistan, Togo, Turkmenistan, Colombia, Uzbekistan, Yemen, Zimbabwe.
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