Score

1.30 /10
Danger

Protradecloud

United States

2-5 years

Suspicious Regulatory License

High potential risk

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Score

Regulatory Index0.00

Business Index5.40

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-13
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Protradecloud · Company summary

Protradecloud Basic Information
Company Name Protradecloud
Headquarters United States
Regulations Not regulated
Tradable Assets Crypto, Forex, CFDs, Stocks
Account Types Basic, Standard, Premium account
Minimum Deposit $300
Customer Support Email (info@protradecloud.live)Phone (+33(744) 081323)

Overview of Protradecloud

Protradecloud is a U.S.-based online trading platform that provides access to a wide range of financial instruments, including cryptocurrencies, forex, CFDs, and stocks. The platform offers multiple account types—Basic, Standard, and Premium—to accommodate various trading needs. Despite its flexibility and accessibility, Protradecloud is not regulated, so traders should be aware of the potential risks involved in using an unregulated service.

Overview of Protradecloud

Is Protradecloud Legit?

Protradecloud is not regulated. It's imperative to acknowledge that this broker functions without legitimate regulation, devoid of supervision from established financial regulatory bodies. When considering trading with an unregulated broker like Protradecloud, traders should proceed carefully and be mindful of the associated risks. These risks include limited options for dispute resolution, potential concerns about the safety and security of funds, and a lack of transparency in the broker's operations. To ensure a safer and more secure trading experience, traders should diligently research and consider the regulatory status of any broker before engaging in trading activities.

Is Protradecloud Legit?

Pros and Cons

Protradecloud stands out for its extensive array of trading instruments, addressing the diverse needs of traders. The platform's commitment to providing 24/7 online support ensures that traders have assistance whenever they need it. However, it's essential to acknowledge that Protradecloud operates without regulatory oversight, which could potentially expose traders to unforeseen risks. Furthermore, the absence of information regarding the trading platform and payment methods could present difficulties for users who value transparency and clarity. Additionally, the absence of comprehensive educational resources limits the platform's ability to support traders in enhancing their knowledge and skills, which could be crucial for making informed investment decisions.

Pros Cons
  • Diverse range of trading instruments
  • Lacks regulatory oversight, which may expose traders to risks
  • Provides 24/7 online support
  • Limited information available on the trading platform and payment methods
  • Lacks educational resources for traders

Trading Instruments

Protradecloud offers a variety of trading instruments, including cryptocurrencies, stocks, forex, and CFDs on indices and other commodities.

Trading Instruments

Account Types

Protradecloud offers three types of accounts to accommodate different investment levels.

The Basic account requires a minimum deposit of $300, making it accessible for beginners.

The Standard account, with a minimum deposit of $1000, is suited for more experienced traders.

The Premium account requires a $2500 minimum deposit and is designed for advanced users seeking comprehensive features and benefits.

Account Types

Customer Support

Protradecloud offers 24/7 online support, ensuring assistance is always available, regardless of the time. Users can also reach out via email at info@protradecloud.livefor detailed queries or when documentation is needed. Additionally, Protradecloud offers phone support at +33(744) 081323 for immediate and personalized assistance.

Customer Support

Conclusion

In conclusion, Protradecloud offers a diverse range of trading instruments and 24/7 online support, making trading accessible. Nevertheless, the lack of regulatory oversight and limited educational resources could expose traders to risks and challenges.

FAQs

Q: Is Protradecloud regulated?

A: No, Protradecloud operates without regulation, which means it lacks oversight from recognized financial regulatory authorities.

Q: What trading instruments are available on Protradecloud?

A: Protradecloud offers a variety of trading instruments, including cryptocurrencies, forex, CFDs, and stocks.

Q: What account types does Protradecloud offer?

A: Protradecloud provides various account types, including Basic, Standard, and Premium accounts, to accommodate different trading preferences and experience levels.

Q: How can I contact Protradecloud's customer support?

A: You can reach Protradecloud's customer support primarily through email at info@protradecloud.live for detailed queries or when documentation is needed. Additionally, Protradecloud offers phone support at +33(744) 081323 for immediate and personalized assistance.

Risk Warning

Trading online carries substantial risks, and there's a possibility of losing your entire investment. It's important to recognize that online trading may not be suitable for all traders or investors. Before engaging in any trading activity, it's crucial to fully comprehend the associated risks. Additionally, please note that the information provided in this review is subject to change as the company's services and policies are continuously updated. Furthermore, the date of this review's generation is also a key consideration, as information may have evolved since then. Therefore, readers are strongly encouraged to verify updated information directly with the company before making any decisions or taking any actions. Ultimately, the responsibility for the use of the information provided in this review lies solely with the reader.

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