Score

1.52 /10
Danger

Trade99

United Kingdom

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.10

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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Regulatory disclosure

Broker Information

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Company Name

Nohelious International Marketing Operations Ltd.

Company Abbreviation

Trade99

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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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

Trade99 · Company summary

Note: Trade99s official site - https://www.trade99.com is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

Trade99 Review Summary
Founded 2-5 years
Registered Country/Region United Kingdom
Regulation Unregulated
Demo Account Unavailable
Leverage N/A
EUR/USD Spread 2.1 pips
Trading Platforms MT5
Minimum Deposit $250
Customer Support Phone, email

What is Trade99?

Trade99, a trading platform that is currently not regulated by any government or financial authority, presents potential risks for investors. Moreover, the inaccessibility of their official website raises concerns about the possibility of the platform having absconded.

unavailable website

The platform offers four live account types with trading conditions featuring spreads starting from 2.1 pips for the Standard account. Trade99 also provides its clients with the MT5.

This article aims to provide a comprehensive analysis of the broker, Trade99, covering various aspects to present organized and easily understandable information. If you have an interest in learning more about this broker, we invite you to continue reading. We will conclude the article by summarizing the key characteristics of the broker, allowing you to grasp its attributes quickly.

Pros & Cons

Pros Cons
  • MT5 offered
  • Website is unavailable
  • Not regulated
  • High spreads
  • No social media presence

Trade99 Alternative Brokers

Depending on a traders specific needs and preferences, there are numerous alternative brokers to consider instead of Trade99. Here are some popular options:

  • FXTM - A well-regarded broker with a range of financial instruments and flexible account types, including Islamic accounts.

  • Robinhood - A commission-free online brokerage platform offering fractional shares, an intuitive mobile app, and a user-friendly interface.

  • BlackBull Markets - A reputable forex broker known for its low spreads, fast execution, and comprehensive trading tools, making it an excellent choice for traders seeking a reliable and feature-rich trading experience.

Is Trade99 Safe or Scam?

Investing with Trade99 carries inherent risks due to its lack of valid regulation, which means the broker operates without oversight from government or financial authorities.

no license

Furthermore, the inaccessibility of Trade99's official website raises concerns about the possibility of the platform having absconded.

Given these circumstances, it is crucial to conduct thorough research and carefully consider the potential risks and rewards associated with investing with Trade99. It is generally advised to choose brokers that are well-regulated, as this provides a level of protection for your funds.

Account Types

Trade99 offers four live account types including Standard, Silver, Gold and Premium Service accounts.

Trading account Min. deposit
Standard $250
Silver $2500
Gold $5000
Premium Service $10 000

Spreads & Commissions

Trade99 offerstrading conditions with spreads starting from 2.1 pips for their Standard account. Spreads is the difference between the buying and selling prices of a financial instrument.

Having a higher spread can be considered less favorable for traders, as it increases the cost of trading. A narrower spread would allow traders to enter and exit positions more efficiently, minimizing the impact of the spread on their overall profitability. However, it is worth noting that the spread may vary depending on the currency pair and market conditions.

Besides, due to the unavailable website, there is no access to find out the commission ofTrade99.

Trading Platforms

Trade99 offers its clients with the popular MT5 trading platform. With MT5, traders can access all kinds of financial markets, including forex, commodities, indices, and cryptocurrencies, all from a single platform. This allows for convenient diversification and the ability to trade a variety of instruments within one interface.

The platform offers an intuitive and user-friendly interface, making it easy for traders to navigate and execute trades efficiently. It provides advanced charting capabilities with numerous technical indicators and analytical tools, empowering traders to conduct in-depth market analysis and make informed trading decisions.

MT5

Deposits & Withdrawals

Trade99 offers a convenient and flexible deposit and withdrawal process for its clients.

One of the available deposit methods includes VISA, which allows users to fund their trading accounts using their VISA debit or credit cards. This method offers a widely accepted and secure way to transfer funds, providing ease of use and accessibility for traders.

In addition to traditional payment methods, Trade99 also accepts deposits and withdrawals in Bitcoin (BTC). Bitcoin is a well-known digital currency that offers benefits such as fast transactions, low fees, and decentralization. By accepting Bitcoin, Trade99 caters to the growing demand for cryptocurrencies and allows clients to use their digital assets to fund their accounts, providing an alternative payment option.

payment methods

Customer Service

Customers can visit their office or get in touch with customer service line using the information provided below:

Telephone:+44 1482 240155

Email:cs@trade99.com

Conclusion

In summary, Trade99 is a platform that offers a wide range of services to its clients, providing access to various financial markets and tools to aid traders in their decision-making process. The platform's user-friendly interface and advanced charting tools, available through the MT5, cater to both novice and experienced traders.

However, it is essential to highlight the concerns surrounding Trade99. Firstly, the platform lacks regulation, which raises questions about the oversight and security of operations. Additionally, the inaccessibility of Trade99's official website hinders the availability of crucial information, potentially compromising transparency.

Frequently Asked Questions (FAQs)

Q 1: Is Trade99 regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: How can traders contact the customer support team at Trade99?
A 2: You can contact via phone, +15645445905 and email, support@visionforexglobal.com.
Q 3: Does Trade99 offer demo accounts?
A 3: No.
Q 4: Does Trade99 provide the industry leading MT4 & MT5?
A 4: Yes. It supports MT5.
Q 5: What is the minimum deposit for Trade99?
A 5: The minimum initial deposit is $250.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

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乱世情缘
more than one year
I recently came across this company Trade99 and was interested in their services, but upon further investigation, I discovered that their website is no longer accessible and there is very little information available online. This raises some red flags for me and makes me question the legitimacy of this company.
I recently came across this company Trade99 and was interested in their services, but upon further investigation, I discovered that their website is no longer accessible and there is very little information available online. This raises some red flags for me and makes me question the legitimacy of this company.
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2023-03-20 18:10
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FX1357902172
more than one year
Horrendous experience- Avoid Trade99. Fake names, lack of transparency, offshore company, unregistered, well-scripted lip service. The combination spells disaster. And…it is. All sucks.
Horrendous experience- Avoid Trade99. Fake names, lack of transparency, offshore company, unregistered, well-scripted lip service. The combination spells disaster. And…it is. All sucks.
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2023-03-10 17:11
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