Score

1.41 /10
Danger

The SR Trades

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Add brokers

Comparison

Expose

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.24

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

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

open now

Broker Information

More

Company Name

The SR Trades

Company Abbreviation

The SR Trades

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-12-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

The SR Trades · Company summary

1982149167

basic Information

General Information

Registered in the United Kingdom, The SR Trades presents itself to be an online forex broker, offering a series of trading services. The SR Trades offers three account options, with the leverage insanely high, reaching up to 1:1000.

Is The SR Trades safe to trade with

The SR Trades is pretty vague on who runs it. When it comes to regulation, The SR Trades is not authorized or regulated by any regulatory authorities. Thats why its regulatory status on WikiFX is classified as “No License” and it only manages a score of 1.15 out of 10 overall.

Since a high level of danger comes with trading in financial markets, especially Forex and CFD trading, trading with an unregulated forex broker is a surefire way to lose your money. before deciding which forex broker to use, it is advised that you visit WikiFX to check out forex brokers regulatory information.

WikiFX

Account Types

The SR Trades offers four trading accounts designed for both retail and professional investors: Micro, Standard, Premium, ECN accounts. The minimum initial deposit for four trading accounts is quite high, it seems like that The SR Trades is ready to extract investors money at the very first by letting them depositing more funds.

To open the Micro account, the most basic one, traders need to fund at least $100, much higher than most reputable brokers requirements, $10 or even less. The minimum initial deposit to open a Standard, Premium, and ECN account is $500, $2,500, and $10,000, respectively.

Account Types

Leverage

The SR Trades allows traders to utilize leverage of up to 1:1000, which is much above the levels considered appropriate by many regulators to protect retail traders. However, bear in mind that leverage can magnify your gains or losses by the same factor, so use it with caution. As the ratio of borrowed funds to available resources increases, so does the level of risk taken on by the investor.

Spreads & Commissions

When it comes to trading, the spread is set by the accounts you use. Basically, more account balance you have, the more competitive spreads you can enjoy. For instance, the Micro account with the minimum deposit of $100 gives you the minimum spread of 2 pips, slightly higher than the industry standards. The Standard Premium accounts offers spreads from 1.5 pips, and 1 pips, respectively. The ECN account offers the most competitive spreads, from 0.2 pips, yet with a certain amount of commissions charged.

Trading Platform

The SR Trades offers its customers the leading MT4 trading platform.

Metatrader 4 features an intuitive design, and a wealth of analytical

capabilities.

Aside from that, it offers up-to-date financial news and helps facilitate automated trading.

This terminal is the go-to for Forex traders thanks to its cutting-edge trading and analysis tools.

Customer Support

Traders with any inquiries or trading-related issues can get in touch with The SR Trades through the following channels:

Telephone: 441133204712

Email: support@thesrtrades.com

Registered Company Address: 2 Infirmary street Leeds LS1 2JP England

Risk Warning

There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. You can use the leverage to your benefit or to your detriment. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.

Please note the information contained in this article is for general information purposes only.

News

ExposureWikiFX Review: Something you need to know about The SR Trades

Registered in England, The SR Trades is an online forex broker offering hundreds of market instruments to its clients. WikiFX has made a comprehensive review to help you know this broker in detail.

WikiFX
2022-11-05 10:17
WikiFX Review: Something you need to know about The SR Trades

ExposureWikiFX Review: Something you need to know about The SR Trades

Registered in England, The SR Trades is an online forex broker offering hundreds of market instruments to its clients. WikiFX has made a comprehensive review to help you know this broker in detail.

WikiFX
2022-11-05 09:00
WikiFX Review: Something you need to know about The SR Trades

User Reviews

More

User comment

2

Comments

Write a review

FX1072259228
more than one year
Dear, trust me, don’t trade with this broker. They have just scammed me by blocking my trading accounts, rejecting my withdrawals… Now they disappeared forever. So regretful, i was so naïve to believe their sweet words so easily.
Dear, trust me, don’t trade with this broker. They have just scammed me by blocking my trading accounts, rejecting my withdrawals… Now they disappeared forever. So regretful, i was so naïve to believe their sweet words so easily.
Translate to English
2022-12-02 14:56
Reply
0
0
FX1092453269
more than one year
Sure enough, when choosing a brokerage, you should choose those who have many years of experience in the industry reputation of the big company! Small companies can shut down their websites and disappear without a word. The SR Trades is such as terrible brokerage! That's not trusted! Stay away!
Sure enough, when choosing a brokerage, you should choose those who have many years of experience in the industry reputation of the big company! Small companies can shut down their websites and disappear without a word. The SR Trades is such as terrible brokerage! That's not trusted! Stay away!
Translate to English
2022-12-02 14:25
Reply
0
0