Abstract:Registered in Dominica, Tradingnetwork is a broker that offers access to 12000+ assets and 4 major accounts with a maximum leverage of 1:500. The spread is as low as 0.4 pips and commission-free. The customer support team is available 24/5 by email, phone, and call-back requests. Of course, they are rewarded with bonuses for their referrals.
Tradingnetwork Review Summary | |
Founded | 2-5 years |
Registered Country/Region | Dominica |
Regulation | Unregulated |
Market Instruments | Forex pairs/Hot Commodities/Appealing/Stocks/Indices |
Demo Account | / |
Leverage | Up to 1:500 |
Spread | From 0.4 pips |
Trading Platform | Trading Network Webtrader |
Min Deposit | $250 |
Customer Support | Email: support@iradingnetwork.co/compliance@tadingnetwork.co |
Registered in Dominica, Tradingnetwork is a broker that offers access to 12000+ assets and 4 major accounts with a maximum leverage of 1:500. The spread is as low as 0.4 pips and commission-free. The customer support team is available 24/5 by email, phone, and call-back requests. Of course, they are rewarded with bonuses for their referrals.
Pros | Cons |
24/5 customer support | Unregulated |
Spread as low as 0.4 pips | MT4/MT5 unavailable |
Leverage up to 1:500 | |
12000+ optional assets |
Tradingnetworkis not regulated, making it less safe than regulated brokers.
Traders have more than 12,000 assets to choose from as their investments. There are Forex pairs, hot commodities, appealing, the most popular stocks, and indices, which will make it easier to diversify your portfolio.
Tradable Instruments | Supported |
Forex | ✔ |
Hot Commodities | ✔ |
Stocks | ✔ |
Appealing | ✔ |
Indices | ✔ |
Shares | ❌ |
ETFs | ❌ |
Bonds | ❌ |
Mutual Funds | ❌ |
Tradingnetwork has four account types: MEGA, GIGA, TERA, and PETA. Traders who want leverage can choose a PETA account, while those with a small budget can open a MEGA account.
Account Type | MEGA | GIGA | TERA | PETA |
Minimum deposit | $250 | $2000 | $15000 | $50000 |
Min. Spread | 2.4 pips | 1.4 pips | 0.4 pips | 0.4 pips |
Max. leverage | 1:500 | 1:400 | 1:200 | 1:100 |
The spread starts from 0.4 pips, with No Commissions, no hidden fees, and no charges. The lower the spread, the faster the liquidity.
The maximum leverage is 1:500 meaning that profits and losses are magnified 500 times.
Tradingnetwork provides Trading Network Webtrader instead of MT4/MT5. MT4 and MT5 provide various trading strategies and implement EA systems.
Trading Platform | Supported | Suitable for |
Trading Network Webtrader | ✔ | Beginners |
The first deposit amount must be $250 or above. Tradingnetwork accepts VISA, MasterCard, Maestro, wire transfers, and more for deposit and withdrawal. However, due to the official website being inaccessible, transfer processing times and associated fees are unknown.
Many traders focus on regulation when choosing a broker. While this is important, it is not enough. A broker's customer service can be just as vital. If you cannot reach support when you need help, it could lead to problems.
Identify key trading mistakes and practical solutions to improve your performance and achieve better results in the market.
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A 17-year-old boy and six others face charges for allegedly running a fraudulent investment scheme in Taman Ekoflora. While the six adults pleaded guilty, the teen denied the charges. The group could face penalties under Section 120B(2) of the Penal Code. The court will reconvene on March 6 to decide on sentencing.