Score

1.54 /10
Danger

Tradeberry

United Kingdom

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index7.23

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

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

Tradeberry Ltd

Company Abbreviation

Tradeberry

Platform registered country and region

United Kingdom

Company website

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-12-26
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The CyprusCYSEC regulation (license number: 246/14) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

Tradeberry · Company summary
Tradeberry Review Summary
Founded2010
Registered Country/RegionUnited Kingdom
RegulationCySEC (Suspicious clone)
Market InstrumentsForex, stocks, indices, commodities, cryptocurrencies
Demo Account/
LeverageUp to 1:30 (retail)/1:400 (professional)
EUR/USDSpreadFrom 1.6 pips
Trading PlatformWeb
Min Deposit$€£250
Customer SupportContact form
Tel: (230) 210 6613
Email: hello@tradeberry.com
Facebook, Linkedin, Instagram

Tradeberry Information

Founded in 2010, Tradeberry is a multi-asset broker registered in the United Kingdom, offering trading in forex, stocks, indices, commodities and cryptocurrencies with leverage up to 1:30 through a web-based trading platform. The minimum deposit requirement is as high as $€£250, and it currently only holds a suspicious clone CySEC license.

Tradeberry's homepage

Pros and Cons

Pros Cons
Multiple account typesSuspicous clone CySEC license
Popular payment optionsNo MT4/MT5 platform
High minimum deposit requirement
No live chat support

Is Tradeberry Legit?

No, Tradeberry currently has no valid regulations. It only holds a suspicious clone Cyprus Securities and Exchange Commission (CySEC) license. Please be aware of the risk!

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
Cyprus
Cyprus Securities and Exchange Commission (CySEC)Suspicous clone Eightcap EU LtdStraight Through Processing (STP)246/14
Suspicous clone CySEC license

What Can I Trade on Tradeberry?

Tradable Instruments Supported
Forex
Stocks
Indices
Commodities
Cryptocurrencies
Bonds
Options
ETFs
What Can I Trade on Tradeberry?

Account Type

Here are five account types Tradeberry offers:

Account TypeMin Deposit
STANDARD$€£250
PREMIUM
ADVANCED
EXPERT
ELITE

Leverage

Tradeberry offers maximum leverage of 1:30 for retail traders and 1:400 for professional traders. Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.

Spread

Currency PairSpread
EUR/USDFrom 1.6 pips
GBP/USDFrom 2.0 pips
USD/JPYFrom 2.0 pips

Trading Platform

Trading PlatformSupported Available Devices Suitable for
Web Web/
MT4Beginners
MT5Experienced traders

Deposit and Withdrawal

Tradeberry accepts payments via Visa, MasterCard, bank transfer, Neteller and Skrill.

Deposit OptionMin DepositProcessing Time
Visa 250 EUR/USD/GBP 1000 RONInstant
MasterCard
Bank transfer 2-7 working days
Neteller Up to 10 minutes
Skrill
Deposit and Withdrawal

User Reviews

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User comment

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Comments

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FX1341388180
more than one year
I left this broker due to the trading leverage. They said that professional clients can use 400 times leverage after confirmation. But they denied my documents, insisting that I am not a professional trader. **** it!
I left this broker due to the trading leverage. They said that professional clients can use 400 times leverage after confirmation. But they denied my documents, insisting that I am not a professional trader. **** it!
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2023-03-17 17:50
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