Score

7.13 /10
Good

Tradition

Hong Kong

15-20 years

Regulated in Hong Kong

Dealing in futures contracts

Suspicious Scope of Business

D

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Comparison

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Exposure

Time Machine
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Score

Regulatory Index6.54

Business Index8.73

Risk Management Index9.89

Software Index5.89

License Index6.54

Time Machine
Website

Licenses

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

Single Core

1G

40G

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Broker Information

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Company Name

Tradition Asia

Company Abbreviation

Tradition

Platform registered country and region

Hong Kong

Company website

Company summary

Pyramid scheme complaint

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Tradition · Company summary
Tradition Review Summary
Company Name Tradition Asia
Registered Country/Region Hong Kong
Regulation Non-regulated
Market Instruments Capital Markets, Energy & Commodities, Equities, Fixed Income, Foreign Exchange, Money Markets, Private Markets, etc
Supported Countries/Areas 28+
Customer Support Hong Kong - Phone: +85 2 3413 3600; Fax: +85 2 2868 1643

What is Tradition?

Tradition Asia, the interdealer broking arm of Compagnie Financière Tradition, has succeeded in establishing a footprint across more than 28 countries/regions, underlining its extensive global outreach, with a non-regulated status.

The firm is based out of Hong Kong, a major financial hub known for its robust and dynamic market operations. The strategic location likely aids in catering efficiently to its broad spectrum of international clients.

Tradition excels in offering over-the-counter (OTC) financial and commodity-related products. This range of offerings gives investors access to an array of trading instruments that can be utilized to build diverse and well-rounded portfolios.

Tradition's home page

Pros & Cons

Pros Cons
  • Various Products Provided
  • Non-regulated
  • Not-clear Official Website

Pros:

  • Various Products Provided: Tradition Asia offers a variety of over-the-counter financial and commodity-related products. This array can provide traders with diverse options for portfolio diversification.

Cons:

  • Non-regulated: Not being regulated could pose a level of risk as there might be less accountability, transparency, and oversight.

  • Not-clear Official Website: A less transparent website might make it confusing for clients to navigate and find the vital information they need.

Is Tradition Safe or Scam?

Tradition Asia, currently, operates as a non-regulated entity, implying that it does not hold a valid license from any severe financial regulatory authority to oversee its operations and ensure adherence to strict financial standards. This could potentially raise a level of risk since there might be a lack of accountability and transparency associated with its operations.

No license

Market Instruments

  • Capital Markets: Basis Swaps, Credit Derivatives, Currency Derivatives, Inflation Products, Interest Rate Derivatives, Interest Rate Options, Interest Rate Swaps, Non-Deliverable Swaps, Overnight Index Swaps, Short Dates

  • Energy & Commodities: Coal, Electricity, Environmental Products, Natural Gas, Oil, Precious Metals, Property Derivatives, Pulp & Paper, Refined Products, Soft Commodities, Tradition Energy, Weather, Petroleum & LPG, LNG, Renewable Energy Credits

  • Equities: Cash Equities, Equity Derivatives, ETFs, Preferred Equities, Institutional Cash Equities, Single-Stock Options, Delta-one Products, Exotics, Post-reorg Equities, Index Variance Swaps, Equity finance Swaps, Dividend Swaps

  • Fixed Income: Asset Swaps Credit, Corporate Bonds, Covered Bonds, Floating Rate Notes, Futures & Options, Government Bonds, Mortgages, Repo, Securities

  • Foreign Exchange: Emerging Markets, FX Listed Futures & Options, FX Options, ParFX, Spot and Forward FX, FX Exotics

  • Money Markets: Arbitrage, Cash Fund Management, Commercial Paper, Deposits and CDs, Euro CDs, FRAs and Bank Bills, Yankee CDs, Federal Funds, Short Dates

  • Private Markets: Private Equity Secondaries, Real Estate Secondaries, Hedge Fund Secondaries, Non-Traditional Secondaries

  • Other Products: Structured Products, GCC Fixed Income

Supported Countries/Areas

  • North America: North America has one of the world's largest concentrations of traders and investors. Tradition Asia's presence here indicates its ability to cater to high-demand markets.

  • South America: The economic landscape in South America involves both emerging and well-established markets. Tradition Asia's operations in this region show its commitment to diverse market dynamics.

  • Europe: Europe has a significant concentration of financial hubs like London, Frankfurt, and Paris, among others. Tradition Asia's operational footprint in Europe aligns it with some of the most influential financial markets.

  • Africa/Middle East: The African and Middle Eastern regions are home to several rapidly growing economies. Tradition Asia's presence in these markets shows its foresight and flexibility in adapting to emerging markets.

  • Asia-Pacific: Being based in Hong Kong, the Asia-Pacific region is likely a significant part of Tradition Asia's operations. This region is home to some of the world's fastest-growing economies as well as established financial centers like Singapore, Sydney, and Tokyo.

Customer Support

Tradition provides Hong Kong users with customer support via Phone: +85 2 3413 3600; Fax: +85 2 2868 1643. And users from other areas can check the detailed phone contact information provided by Tradition.

contact details1
contact details2
contact details3

Conclusion

Tradition Asia's outreach is extensive, covering over 28 countries and regions, and serving a wide clientele with diversified investment needs. Headquartered in Hong Kong, Tradition Asia offers a range of over-the-counter financial and commodity-related products. However, as it does not currently hold regulatory status, potential investors are urged to proceed with caution and ensure comprehensive due diligence prior to engagement.

Frequently Asked Questions (FAQs)

Q: Is Tradition Asia regulated?

A: No, Tradition Asia currently operates as a non-regulated entity.

Q: Is Tradition Asia a good choice for beginners?

A: Not quite. Users may have difficulties conducting their research on this firm and trading information because the official website is not so clear and well-organized.

Q: How many countries does Tradition Asia operate in?

A: Tradition Asia operates in over 28 countries/regions across North America, South America, Europe, Africa/Middle East, and the Asia-Pacific.

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.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

News

NewsCompagnie Financiere Tradition Posts 8.4% Dip in Adjusted Q2 Revenue

Businesses from the Japanese retail exchange went down by 2.4 percent.

WikiFX
2021-07-31 09:43
Compagnie Financiere Tradition Posts 8.4% Dip in Adjusted Q2 Revenue

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