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Truvecta Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-12 11:08

Abstract:Truvecta was founded by Вranding Bubble Limited in 2023 in Saint Kitts and Nevis. It offers Forex, Indices, Commodities, Stocks, Cryptocurrencies for trading. Besides, it also provides competitive leverage, which is up to 1:500. However, the high minimum deposit of $5000 and absence of regulation will make traders think twice.

TruvectaReview Summary
Founded2023-08-14
Registered Country/RegionSaint Kitts and Nevis
RegulationNot regulated
Market InstrumentsForex, Indices, Commodities, Stocks, Cryptocurrencies
Demo Account❌
LeverageUp to 1:500
SpreadFixed
Trading PlatformTruvecta
Min Deposit$5000
Customer SupportEmail: support@truvecta.io
Phone: +442070431875
Whatsapp Phone: +447731597201

  Truvecta was founded by Вranding Bubble Limited in 2023 in Saint Kitts and Nevis. It offers Forex, Indices, Commodities, Stocks, Cryptocurrencies for trading. Besides, it also provides competitive leverage, which is up to 1:500. However, the high minimum deposit of $5000 and absence of regulation will make traders think twice.

Truvecta's homepage

Pros and Cons

Pros Cons
Multiple trading assetsHigh minimum deposit
Various account typesRelatively new
Maximum leverage up to 1:500No regulation
Fixed spreads

Is Truvecta Legit?

  Financial Services Regulatory Commission (FSRC) in Saint Kitts and Nevis shows no information about the Truvecta. It means Truvecta is not supervised by the regulations and will result in a lot of potential risks, like legal risks or fund risks.

No license
Domain information

What Can I Trade on Truvecta?

  Truvecta provides many trading assets, including forex, cryptocurrencies, commodities, stocks, metals, and indices.

Tradable Instruments Supported
Forex✔
Cryptocurrencies✔
Commodities✔
Stocks✔
Metals✔
Indices✔
Options❌

Account Type

  Truvecta provides five account types: Basic, Standard, PRO, Gold and Exclusive. The demo account is not mentioned.

Account TypeMaximum Trading SizeMinimum Deposit
Basic10 lots$5000
Standard20 lots$25000
PRO40 lots$100000
Gold 50 lots$250000
Exclusive100 lots$1000000
Account comparison

Leverage

  The leverage of Truvecta varies depending on different account types. The Basic and Standard leverage is up to 1:100, the PRO account is up to 1:200, and the Gold and Exclusive accounts is up to 1:500. Traders should bear in mind that high leverage is always with high returns and high losses.

Spreads

  Truvecta's spreads of all accounts are fixed, but the spreads of PRO, Gold and Exclusive accounts are also floating and variable.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
Truvecta✔Mobile, Desktop and WebExperienced traders

Payment methods

  Truvecta can pay through several ways: Visa, MasterCard, Skrill, Paypal, Swift, Neteller, Citibank and Maestro.

Customer Service

Contact Options Details
Phone +442070431875
Email support@truvecta.io
Support Ticket System ❌
Online Chat ✅
Social Media Whatsapp:+447731597201
Supported Language English
Website Language English
Physical Address Hamilton Development, Unit B, Charlestown, Nevis.

The Bottom Line

  In conclusion, traders should find a reliable and transparent broker. Though Truvecta provides multiple trading assets and account types, it is still unregulated and its information is limited. Moreover, the minimum deposit is higher than other brokers. Traders should think twice when choosing a broker.

FAQs

  Is Truvecta safe?

  No. Truvecta is not regulated.

  What kind of trading platform does Truvecta offer?

  Truvecta is a trading platform with tools and data.

  Is Truvecta good for day trading?

  No. The minimum depsoit is high, and the withdrawal isn't mentioned.

Related broker

No Regulation
Truvecta
Company name:Вranding Bubble Limited
Score
1.33
Website:https://www.truvecta.io/
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.33

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