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TradeFred -

Score

1.53 /10
Danger

TradeFred

Australia

5-10 years

Suspicious Regulatory License

Australia Appointed Representative(AR) Unsubscribed

High potential risk

https://www.tradefred.com.au

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Score

Regulatory Index0.00

Business Index7.12

Risk Management Index0.00

Software Index4.00

License Index0.00

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No restriction on the broker account. Support service provided by WikiFX

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Warning: Low score, please stay away! 4
Previous Detection : 2024-11-11
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • AustraliaASIC (license number: 001258580) The regulatory status is abnormal, the official regulatory status is Unsubscribed. Please be aware of the risk!

WikiFX Verification

TradeFred · Company summary

Note: TradeFred's official website: https://www.tradefred.com.au/ is currently inaccessible normally.

TradeFred Review Summary
Founded/
Registered Country/RegionAustralia
RegulationASIC (Unsubscribed), CySEC (Suspicious clone)
Market Instruments/
Demo Account❌
Leverage1:50
SpreadFrom 2.0 pips
Trading PlatformsMetaTrader 4 (MT4) and a web-based platform
Minimum Deposit$100
Customer SupportPhone: +61-280734453, +44-1613942198
Email: support@tradefred.com.au, info@brightfxcapital.com

TradeFred is an unregulated financial firm based in Australia, offering trading on MetaTrader 4 (MT4) and web-based platforms.

TradeFred

Pros and Cons

ProsCons
MT4 platformNon-functional website
Diverse account typesLack of transparency
No regulation
No demo accounts

Is TradeFred Legit?

Regulatory StatusUnsubscribed
Regulated byAustralia Securities & Investment Commission (ASIC)
Licensed InstitutionBRIGHTAU CAPITAL PTY. LTD
Licensed TypeAppointed Representative((AR)
Licensed Number001258580
Unsubscribed ASIC license
Regulatory StatusSuspicious Clone
Regulated byThe Cyprus Securities and Exchange Commission (CySEC)
Licensed InstitutionI.F. Greenfields Wealth Ltd
Licensed TypeStraight Through Processing (STP)
Licensed Number342/17
Suspicious clone CySEC license

Account Type/Leverage/Spread

TradeFred provides Basic, Standard, and VIP accounts. Moreover, it provides an Islamic swap-free account.

Account TypeMin DepositMax LeverageSpread
Basic$1001:50Fixed from 3.0 pips
Standard$5001:50Fixed from 2.0 pips
VIP$5 0001:50Fixed from 2.0 pips

Trading Platform

Tradefred provides MetaTrader 4 (MT4) and a web-based platform.

Deposit and Withdrawal

TradeFred supports deposits and withdrawals through Bank Transfer, Credit/Debit Card, Broker to Broker transfer, WebMoney and Qiwi.

User Reviews

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User comment

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Comments

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王大见
more than one year
¡No negocie con TradeFred! Totalmente una empresa de estafa. Ahora que ya no se puede abrir su sitio web, creo que es muy probable que se hayan fugado con dinero.
¡No negocie con TradeFred! Totalmente una empresa de estafa. Ahora que ya no se puede abrir su sitio web, creo que es muy probable que se hayan fugado con dinero.
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2022-12-01 15:40
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老男孩0565
more than one year
TradeFred is a scam broker! Although they have closed the site and been offshore for a long time. But it seems that the deceitful business has not stopped. I read someone on the Internet saying that they are still scamming by contacting the previous "customer" to deposit the remaining funds from the old account. Can't help but creepy, it's terrible! Stay away from them!
TradeFred is a scam broker! Although they have closed the site and been offshore for a long time. But it seems that the deceitful business has not stopped. I read someone on the Internet saying that they are still scamming by contacting the previous "customer" to deposit the remaining funds from the old account. Can't help but creepy, it's terrible! Stay away from them!
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2022-11-28 18:03
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