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12 TRADER -

Score

1.59 /10
Danger

12 TRADER

Saint Vincent and the Grenadines

5-10 years

Suspicious Regulatory License

Self-developed

Suspicious Scope of Business

High potential risk

https://www.12trader.com

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Score

Regulatory Index0.00

Business Index7.23

Risk Management Index0.00

Software Index4.37

License Index0.00

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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

Safe Side Trading Limited

Company Abbreviation

12 TRADER

Platform registered country and region

Saint Vincent and the Grenadines

Company website

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-27
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

12 TRADER · Company summary
12 TRADER Review Summary in Points
Company name12 TRADER
Founded 2013
Registered country/regionUnited Kingdom
RegulationUnregulated
Trading PlatformsSIRIX
Market Instrumentsstocks, commodities, records, and cryptocurrencies
Minimum Deposit$500
Maximum Leverage1:400
Spread0.6 pips on the EUR/USD pair
Customer SupportPhone: +44 20 39361313
Email: Support@12trader.com

Note: 12 TRADER's official website:https://www.12trader.com/ is currently inaccessible normally.

12 TRADER Information

12Trader was established in 2013 and set up within the United Kingdom. It provides various including stocks, commodities, records, and cryptocurrencies.

Pros and Cons

ProsCons
Various market instrumentsNot regulated
Website can't be opened now

Is 12 TRADER Legit?

You need to note that according to WiKiFX's investigation, 12 TRADER is currently not regulated by any recognized financial authorities.

Is 12 TRADER Legit?

What Can I Trade on 12 TRADER?

You can trade dozens of products including stocks, commodities, records, and cryptocurrencies.

Tradable Instruments Supported
stocks✔
commodities✔
records✔
cryptocurrencies✔

Account Type

12 TRADER offers a single, standard account that requires no minimum deposit.

12 TRADER Fees

12Trader wins its cash through the spread. Least spreads with the Gold account are in line with other brokers, for example, 0.6 pips on the EUR/USD pair. 12Trader offers a base interest rate of 1:200 for all account types. For Silver and Gold account users, interest rates go up to 1:300 and 1:400, which is higher than many brokers.

Trading Platform

12Trader utilize the web-based social exchanging stage – SIRIX.

Trading PlatformSupportedAvailable Devices Suitable for
SIRIX✔WebAnyone

Deposit and Withdrawal

12Trader offers a variety of deposit and withdrawal methods, including credit card, debit card, Visa, Mastercard, PayPal, Skrill and wire transfer. Minimum deposits vary by account, but start at $500. No fees were paid.

Deposit Options

Deposit Options Min. DepositFees Processing Time
credit card$500No feesNo mention
debit card$500No feesNo mention
Visa$500No feesNo mention
Mastercard$500No feesNo mention
PayPal$500No feesNo mention
Skrill$500No feesNo mention
wire transfer$500No feesNo mention

Withdrawal Options

Withdrawal Options Min. Withdrawal Fees Processing Time
credit cardNo mentionNo feesNo mention
debit cardNo mentionNo feesNo mention
VisaNo mentionNo feesNo mention
MastercardNo mentionNo feesNo mention
PayPalNo mentionNo feesNo mention
SkrillNo mentionNo feesNo mention
wire transferNo mentionNo feesNo mention

News

NewsScam Alert: Execute Cautious when Encountered Unregulated FX Broker 12Trader

Making a profit as a trader is challenging, expecially when a broker works against you, it becomes nearly impossible to turn a profit.

WikiFX
2023-01-04 17:40
Scam Alert: Execute Cautious when Encountered Unregulated FX Broker 12Trader

NewsWikiFX Broker's News: Beware of Unregulated Forex Broker 12Trade

12Trader (https://www.12trader.com/) is an offshore forex broker located in St. Vincent and the Grenadines. The company provides trading services across multiple financial markets, including Forex, commodities, stocks, and cryptocurrencies.

WikiFX
2022-09-26 13:49
WikiFX Broker's News: Beware of Unregulated Forex Broker 12Trade
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風雲
more than one year
Don't u ever try to invest in this company I can't say it is a scam but maybe because at first, this company is paying but after a lot of investors deposit in Gold accounts they say that the company is upgrading that's why all the withdrawals are pending...all they can say before you withdraw "work hard for this company"...
Don't u ever try to invest in this company I can't say it is a scam but maybe because at first, this company is paying but after a lot of investors deposit in Gold accounts they say that the company is upgrading that's why all the withdrawals are pending...all they can say before you withdraw "work hard for this company"...
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2023-03-23 18:22
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lan9352
more than one year
The address where 12 TRADER is registered is in St Vincent and the Grenadines. Many scam brokers from there. Check the reputation of the broker on WikiFX. In any case, I strongly advise against this scam!
The address where 12 TRADER is registered is in St Vincent and the Grenadines. Many scam brokers from there. Check the reputation of the broker on WikiFX. In any case, I strongly advise against this scam!
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2023-02-20 14:49
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