Score

1.31 /10
Danger

Trade Vision

Seychelles

2-5 years

Suspicious Regulatory License

White label MT4

Regional Brokers

High potential risk

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Score

Regulatory Index0.00

Business Index5.48

Risk Management Index0.00

Software Index4.00

License Index0.00

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VPS Standard
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Broker Information

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Company Name

Tradewill Global Limited

Company Abbreviation

Trade Vision

Platform registered country and region

Seychelles

Company website

Company summary

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Warning: Low score, please stay away! 4
Previous Detection : 2024-09-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

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Trade Vision · Company summary
Trade Vision Review Summary
Founded2016
Registered Country/RegionSeychelles
RegulationFSA (Offshore)
Market InstrumentsForex CFDs, Index CFDs, Commodity CFDs, Metal CFDs
Demo AccountUnavailable
Leverage1:500
SpreadFloating (Standard Account)
floating from 0.2 pips (Commission Free Account)
Trading PlatformsMT4, MT5
Minimum Deposit$100
Customer SupportPhone: +248 422 4239
Email: info@tradevisionmarkets.com
Address 1: Room 3, Attic Suites, 3rd Floor, Oliver Maradan Building, Victoria, Mahe, Seychelles.
Address 2: Room B11, first floor, Providence Complex, Providence, Mahe, Seychelles.
Contact form

Trade Vision Information

Trade Vision is an offshore regulated financial trading platform established in 2016, offering Contracts for Difference (CFDs) on a variety of assets. This means you can speculate on price movements of currencies (Forex), stock market indexes, commodities like oil and gold, and precious metals, without directly owning the underlying asset. They provide access to the popular MetaTrader 4 and 5 platforms.

Trade Vision‘s homepage

Pros & Cons

ProsCons
Wide Range of InstrumentsOffshore Regulation
Popular Trading PlatformsHigh Leverage
Multiple Deposit/Withdrawal MethodsNo Demo Account

Pros:

Wide Range of Instruments: Trade Vision offers CFDs for Forex, Indices, Commodities, and Metals, allowing you to diversify your trading portfolio.

Popular Trading Platforms: They utilize the industry-standard MetaTrader 4 and 5 platforms, known for their user-friendly interface and advanced features.

Multiple Deposit/Withdrawal Methods: Trade Vision provides various options for funding your account and withdrawing your earnings.

Cons:

Offshore Regulation: Trade Vision is currently regulated by theFinancial Services Authority (FSA) under offshore regulatory status. Offshore regulators have less stringent oversight and enforcement mechanisms compared to regulators in major financial hubs.

High Leverage: Trade Vision offers high leverage (up to 1:500) which can magnify both profits and losses significantly. This can be very risky, especially for beginners.

No Demo Account: The absence of a demo account prevents you from practicing with virtual funds before risking real money.

Is Trade Vision Legit?

Trade Vision is currently regulated by the Financial Services Authority (FSA) under offshore regulatory status. Offshore regulation often involves less stringent oversight compared to regulatory bodies in major financial jurisdictions such as the FCA in the UK, the SEC in the US, or ASIC in Australia. Consequently, while FSA regulation does offer some level of credibility, it may not guarantee the same level of investor protection as more established regulatory frameworks.

Offshore regulated by FSA

Market Instruments

Trade Vision offers a comprehensive range of trading instruments.

Among these are Forex CFDs, which enable traders to participate in the world's largest and most liquid financial market, with an impressive average daily trading volume of approximately US$5 trillion.

Additionally, Trade Vision provides access to Index CFDs, allowing traders to gauge and invest based on the overall performance of financial market conditions.

For those interested in the commodities market, Trade Vision offers Commodity CFDs, focusing on raw materials like gold, silver, oil, and natural gas, all of which have a significant global impact.

Moreover, Metal CFDs are available through the world-renowned MT4 platform, enabling traders to buy and sell precious metals such as gold and silver with ease.

Products

Account Types

Trade Vision offers two distinct account types.

The Standard Account, designed for those seeking straightforward trading conditions, requires a minimum deposit of $100 and provides access to all available trading instruments. This account type is ideal for beginners or those looking to start with a modest investment.

For traders who prefer to avoid additional trading costs, the Commission Free Account is an excellent choice, requiring a slightly higher minimum deposit of $200. Both account types offer competitive trading conditions and ensure that clients have the flexibility to choose an account that best suits their trading style and financial goals.

Account comparison

How to Open an Account?

  • Step 1: Click the button ''Register'' on the homepage.
Click the button ''Register''
  • Step 2: Follow the on-screen instructions to input your personal and contact details.
  • Step 3: Click on the ''Start Trading'' option to finalize the creation of your account.
Click on the ''Start Trading'' option

Leverage

Trade Vision provides traders with a maximum leverage of 1:500, offering significant potential for amplifying trading positions with a relatively small initial investment. This high leverage allows traders to control larger positions in the market compared to their deposited capital, which can lead to higher profits. However, while leverage magnifies gains, it also amplifies the risks involved in trading. Therefore, prudent risk management strategies, such as setting stop-loss orders and limiting exposure, are crucial when utilizing high leverage.

Spreads & Commissions

The Standard Account features floating spreads, ensuring that traders benefit from market fluctuations with a commission of 15 USD. On the other hand, the Commission Free Account offers exceptionally low spreads, starting from just 0.2 pips, making it an attractive option for those seeking to minimize trading costs. Additionally, the Commission Free Account lives up to its name by charging zero commissions on trades.

Account TypeCommissionSpreads
Standard Account15 USDfloating
Commission Free Account0 USDfrom 0.2 pips

Trading Platforms

Trade Vision provides its clients with access to the industry-leading MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, renowned for their robust features and user-friendly interfaces. Both platforms support mobile trading, enabling traders to manage their investments on the go with ease. Trade Vision ensures ultra-low latency execution, allowing for swift and accurate trade execution, which is crucial for seizing market opportunities. Additionally, these platforms offer rich reports, comprehensive charts, and advanced analysis tools.

MT4/5

Deposits & Withdrawals

Traders can fund their accounts and withdraw their earnings through several popular methods, including BCA, GCash, STICPAY, fasapay, and NganLuong.vn. These diverse payment options cater to different preferences and regional availability, providing flexibility and accessibility for clients worldwide.

Payment methods

Customer Service

Trade Vision's support team can be reached through:

  • Phone: +248 422 4239
  • Email: info@tradevisionmarkets.com
  • Address: Room 3, Attic Suites, 3rd Floor, Oliver Maradan Building, Victoria, Mahe, Seychelles. Room B11, first floor, Providence Complex, Providence, Mahe, Seychelles.
  • Contact form
Contact form

Conclusion

In conclusion, while Trade Vision offers a tempting selection of instruments and popular trading platforms, there are significant red flags that overshadow these advantages. The lack of clear regulation, with conflicting information about oversight, exposes your investment to unnecessary risk. The high leverage options, though appealing, can be disastrous for beginners. Additionally, the absence of a demo account hinders your ability to practice before risking real capital.

Q&A

Is Trade Vision regulated?

Trade Vision is currently regulated by theFinancial Services Authority (FSA) under offshore regulatory status.

Does Trade Vision offer demo accounts?

No.

What is the minimum deposit for Trade Vision?

$100.

Does Trade Vision offer industry-leading MT4 & MT5?

Yes. It offers MT4 and MT5.

Is Trade Vision a good broker for beginners?

No. It is not a good choice for beginners because of its offshore regulatory status.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

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FX1367577876
more than one year
Trade Vision plays a very important role in my forex trading and I have never regretted choosing this company. It's marvelous. I really look forward to continuing to trade with it.
Trade Vision plays a very important role in my forex trading and I have never regretted choosing this company. It's marvelous. I really look forward to continuing to trade with it.
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2023-03-09 17:12
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