Home -

Main body -

WikiFX Express

Medicatrade CODE

medicatrade | 2024-10-22 11:20

Abstract：medicatrade is an unregulated financial company based in China. It claims to offer Forex, Stocks, Commodities, Indices and Cryptocurrencies via a web-based platform.

Note: medicatrade's official website: https://medicatrade.cc is currently inaccessible normally.

medicatrade Review Summary
Founded	/
Registered Country/Region	China
Regulation	No Regulation
Market Instruments	Forex, Stocks, Commodities, Indices and Cryptocurrencies
Demo Account	❌
Leverage	Up to 1:500
Spread	From 0.1 pips
Trading Platforms	Web-based platform
Minimum Deposit	$250
Customer Support	/

medicatrade is an unregulated financial company based in China. It claims to offer Forex, Stocks, Commodities, Indices and Cryptocurrencies via a web-based platform.

Pros and Cons

Pros	Cons
/	Non-functional website
	Lack of transparency
	No demo accounts
	No regulation

Is medicatrade Legit?

At present, medicatrade lacks valid regulation. Its domain has not been registered yet. We advise you to choose other regulated companies.

What Can I Trade on medicatrade?

medicatrade claims to offer Forex, Stocks, Commodities, Indices and Cryptocurrencies.

Tradable Instruments	Supported
Forex	✔
CFDs	❌
Commodities	✔
Indices	✔
Cryptocurrencies	✔
Stocks	✔
ETFs	❌
Bonds	❌
Mutual Funds	❌

Account Type/Leverage

medicatrade provides Red Belt Master, Black Belt, Blue Belt, Orange Belt, and White Belt accounts, starting from $250 to $25,000 and offering leverage from 1:500 to 1:100. They do not offer demo accounts.

Trading Platform

medicatrade only offers a web-based trading platform.

Forex trading Forex Broker

Related broker

No Regulation

medicatrade

Company name：medicatrade

Score

1.43

Website：https://medicatrade.cc

2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.43

WikiFX Review: Is FXTRADING.com still reliable?

FXTRADING.com is an online brokerage firm that offers trading services for various financial instruments such as forex, cryptocurrencies, shares, commodities, spot metals, energies, and indices. WikiFX has comprehensively reviewed this broker by analyzing its regulations, specific information, etc. so that you have a deep understanding of this broker.

Original 2024-12-26 15:18

Financial Educator “Spark Liang” Involved in an Investment Scam?!

A 54-year-old foreign woman lost her life savings of RM175,000 to an online investment scam that promised high returns within a short timeframe. The scam was orchestrated through a Facebook page named "Spark Liang."

Original 2024-12-26 15:16

Why is there so much exposure against PrimeX Capital?

In recent months, PrimeX Capital, a Forex and CFD broker established in 2022, has become a subject of concern in the trading community. However, despite these enticing features, the broker's reputation has been severely tarnished by multiple complaints and a troubling lack of regulatory oversight.

Original 2024-12-25 18:24

The Hidden Checklist: Five Unconventional Steps to Vet Your Broker

Forex broker scams continue to evolve, employing new tactics to appear credible and mislead unsuspecting traders. Identifying these fraudulent schemes requires vigilance and strategies beyond the usual advice. Here are five effective methods to help traders assess the legitimacy of a forex broker and avoid potential pitfalls.

Original 2024-12-24 16:56