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AdvanTrade -

Score

1.48 /10
Danger

AdvanTrade

Seychelles

2-5 years

Suspicious Regulatory License

Self-developed

Suspicious Scope of Business

High potential risk

https://www.advantrade.net

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Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.09

Risk Management Index0.00

Software Index4.58

License Index0.00

Time Machine
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

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Company Name

AdvanTrade

Company Abbreviation

AdvanTrade

Platform registered country and region

Seychelles

Company website

Facebook

YouTube

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2025-02-08
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Exposure

1 pieces of exposure in total
Pyramid scheme complaint
Expose
AdvanTrade · Company summary
AdvanTradeReview Summary
Founded2021-06-16
Registered Country/RegionSeychelles
RegulationUnregulated
Market InstrumentsForex/Precious Metals/Energy/Cryptocurrency/Indices/Commodities
Demo Account✅
Trading PlatformAdvanTrade APP(Mobile)/MT4 trading software(Mobile/PC)
Customer SupportMail: partners@advantrade.net
Facebook, YouTube

AdvanTrade Information

Registered in Seychelles, AdvanTrade, a foreign exchange trading brand under the financial technology group Top Wealth, is a brokerage company specializing in trading over 100 assets through the AdvanTrade APP and MT4 trading software. AdvanTrade platform adopts a pure STP business model, providing investors with copy trading functions, which is especially suitable for inexperienced novices. In addition to 5 days * 24 hours of regular customer service, AdvanTrade also provides 1v1 exclusive account managers to solve various problems during the transaction process.

AdvanTrade Information

Pros and Cons

Pros Cons
24/5 customer supportUnregulated
MT4 availableNo deposit and withdrawal information
Demo availableNo fee information
Islamic account available

Is AdvanTrade Legit?

AdvanTrade is not regulated, even though it claims to be regulated. However, an unregulated broker is not as safe as a regulated one.

Is AdvanTrade Legit?
Is AdvanTrade Legit?

What Can I Trade on AdvanTrade?

AdvanTrade provides clients with over 100 major assets and investment services for various derivative products, including Forex, Precious Metals, Energy, Cryptocurrency, Indices, Commodities, and more.

Tradable Instruments Supported
Forex✔
Commodities✔
Energy✔
Cryptocurrencies✔
Precious Metals✔
Indices✔
What Can I Trade on AdvanTrade?

Trading Platform

AdvanTrade provides independent trading apps and MT4 trading software for mobile or PC. MT4 provides various trading strategies and implements EA systems.

Trading PlatformSupported Available Devices Suitable for
AdvanTrade APP✔MobileAll Traders
MT4 trading software✔Mobile/PCJunior Traders

User Reviews

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User comment

12

Comments

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Mahve
more than one year
AdvanTrade is a great choice for traders! Their demo accounts are easy to set up and perfect for practicing and testing strategies. Plus, they offer a diverse range of market instruments, ensuring there's something for everyone.
AdvanTrade is a great choice for traders! Their demo accounts are easy to set up and perfect for practicing and testing strategies. Plus, they offer a diverse range of market instruments, ensuring there's something for everyone.
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2024-07-12 18:10
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Jan de Vries
more than one year
Currency options are somewhat limited. It would be better if they supported more currencies for a broader range of trading opportunities. I like that their trading data is updated in real-time. 👍
Currency options are somewhat limited. It would be better if they supported more currencies for a broader range of trading opportunities. I like that their trading data is updated in real-time. 👍
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2024-05-22 11:44
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