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Belize
5-10 yearsRegulated in Belize
Retail Forex License
MT4 Full License
High potential risk
Offshore Regulated
Influence
Add brokers
Comparison
Expose
Exposure
Score
Regulatory Index4.29
Business Index7.25
Risk Management Index0.00
Software Index9.09
License Index1.76
Single Core
1G
40G
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Company Name
Genius Trading LTD
Company Abbreviation
GENETRADE
Platform registered country and region
Belize
Company website
X
YouTube
Company summary
Pyramid scheme complaint
Expose
GENETRADEReview Summary | |
Founded | 2016-10-02 |
Registered Country/Region | Belize |
Regulation | Offshore regulated |
Market Instruments | Forex/Indices/Precious metals |
Demo Account | ❌ |
Leverage | Up to 1:1000 |
Spread | As low as 1 pip |
Trading Platform | MT4(Windows/MAC/Web/iPhone/Android) |
Min Deposit | $5 |
Customer Support | Tel: +501 2231235 |
Email: support@genetrade.com | |
Email: affiliates@genetrade.com | |
Email: backoffice@genetrade.com | |
Email: sales@genetrade.com | |
Facebook/Twitter/YouTube | |
Live chat |
GENETRADE is a FSC licensed brokerage company specializing in online investment and trading services. The tradable instruments include forex, indices, and precious metals. The broker also provides two accounts with a maximum leverage of 1:1000. The minimum spread is as low as 1 pip and the minimum deposit is $5.
Pros | Cons |
MT4 available | Offshore regulated |
24/5 customer support | High max leverage |
Various tradable instruments | |
Spread from 1 pip | |
Islamic account available |
GENETRADE isregulated by FSC with the current status as 'offshore regulated', making it less safe than the regulated one.
GENETRADE offers over 100 financial instruments that have access to over 56 currency pairs, indices, and precious metals.
Tradable Instruments | Supported |
Forex | ✔ |
Indices | ✔ |
Precious Metals | ✔ |
Commodities | ❌ |
Stocks | ❌ |
Cryptocurrencies | ❌ |
Shares | ❌ |
ETFs | ❌ |
Bonds | ❌ |
Mutual Funds | ❌ |
GENETRADE has two account types: micro and standard. Everyone can also earn money by copying the success of top traders. Muslims are allowed to open Islamic accounts without swaps.
Account Type | Micro | Standard |
Maximum Leverage | 1:1000 | 1:1000 |
Spread | As low as 1 pip | As low as 1 pip |
Commission | No | No |
Islamic | ✔ | ✔ |
Minimum Deposit | $5 | $5 |
The spread is as low as 1 pip, and the commission is 0. The lower the spread, the faster the liquidity.
The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.
GENETRADE cooperates with the authoritative MT4 trading platform available in Windows, MAC, Web, iPhone, and Android to trade. Junior traders prefer MT4 over MT5. MT4 provides various trading strategies and implements EA systems.
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ✔ | Windows/MAC/Web/iPhone/Android | Junior traders |
The first deposit amount must be $5 or above. GENETRADE accepts Skrill, Neteller, Bitwallet, PayTrust, MasterCard, and Visa for deposit and withdrawal. Withdrawals are processed within 1 hour between Monday to Friday. However, associated fees are unknown.
The deposit bonus is up to 20%.
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