Abstract:Oneprime Ltd is the parent trade name of Tredero. It is a Mauritius-based trading company that presents traders a wide range of tradable asset classes as well as deal implementation on the MT5 trading platform. Traders can invest in the most widely traded instruments, such as Forex Currency Pairs, Global Indices, and agricultural items. All trading platforms are accessible for desktop and mobile devices, as well as a browser-based trading platform, which is standard for anyone using a shared computer or who does not want to install any software on their PC.
Registered Country | Mauritius |
Regulation | No license |
Minimum Deposit | $250 |
Account Types | Mini, Basic, Prime, VIP, Infinite |
Maximum Leverage | 1:500 |
Trading Platform | MT5, Swift Trader |
Demo Account | Available |
Trading assets | Forex, Indices, Metals, Energies, Soft Commodities |
Payment Methods | Wire Transfer, e-Wallets, Credit/Debits Cards |
Educational Resources | Video Tutorials, Strategies, eBooks, Glossary |
Customer support | Telephone: +230 529 70264Email: support@tredero.co |
General Information
Oneprime Ltd is the parent trade name of Tredero. It is a Mauritius-based trading company that presents traders a wide range of tradable asset classes as well as deal implementation on the MT5 trading platform. Traders can invest in the most widely traded instruments, such as Forex Currency Pairs, Global Indices, and agricultural items. All trading platforms are accessible for desktop and mobile devices, as well as a browser-based trading platform, which is standard for anyone using a shared computer or who does not want to install any software on their PC.
The tredero trading environment proposes a completely transparent approach to online trading, and also has a variety of add-ons to help you improve your trading skills and results.
Here is the screenshot of Tredero official website:
Regulation
When it comes to regulation, Tredero disappoints us for it does not hold any license to support its operation. Here we can see that this broker only gets a very low score of 1.29/10 on WikiFX.
Account, Spreads, Leverage
Tradero has five trading account types which are:
Mini account with a minimum deposit of $250 and spreads from 1.2 pips.
Basic with a minimum deposit of $3,000 and spreads from 1 pips.
Prime with a minimum deposit of $15,000 and spreads from 0.7 pips.
VIP with a minimum deposit of $50,000 and spreads from 0.2 pips, and
Infinite with a minimum deposit of $250 and spreads from 0.2 pips.
Tredero claims to have a leverage of up to 1:500, while in reality no leverage was found.
Market Instruments
It seems that only three classes of trading instruments can be traded on the Tredero platform, which covers Forex Pairs, Commodities, as well as Energies.
Trading Platform
Although users can still trade assets, the trading software used here is unusual, and we're not sure if we can really call it a trading terminal.
Each asset has its own chart, pending orders, stop-loss, take-profit, and time frames. It's actually rather convenient, but there aren't enough alternatives to keep any user interested for more than 20 minutes.
It's overly basic and lacks the complexity of other platforms. They provide the following trading platforms: MT5, Swift Trader Desktop, and Web and mobile.
Deposit & Withdrawal, Fees
Concerning deposit and withdrawal, clients are allowed to make a deposit and withdrawal through a series of payment options, including VISA, MasterCard, Bank Wire, AVOPay EFT, and ZotaPay. Deposit charges no fees.
However, this broker is quite vague about its withdrawal issues, with its withdrawal methods, processing time and fees not disclosed.
Customer Support
Their customer service support is 24 hours/day, 5 days/week.
Live chart exist which can be used to ask for support and other methods of contacts to seek for help and guidance are available which include phone and email.
Pros & Cons
Pros | Cons |
Generous leverage up to 1:500 | No regulation |
Online chat supported | Limited trading assets |
High minimum deposit required | |
VPS only for the VIP and Infinite accounts | |
No information about withdrawals |
Frequently Aksed Questions
Is Tredero regulated?
No, Tredero is not regulated anyway.
What deposit and withdrawal methods does Tredero support?
Tredero supports clients to make a deposit and withdrawal through Credit Cards, Wire Transfer, and more.
How long do withdrawals take?
Tredero promises that it averagely takes 48 hours for withdrawn funds to arrive. But the time mainly depends on the processes of clients bank or credit card company, and delays may be incurred at these.
What trading platform does Tredero offer?
Tredero gives its clients two choices of trading platforms, including MT5 trading platform and Swift Trader.
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