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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
The WikiFX Score of this broker is reduced because of too many complaints!

Tradesto

Saint Vincent and the Grenadines Saint Vincent and the Grenadines | 5-10 years |
Suspicious Regulatory License | Suspicious Scope of Business | Vanuatu Forex Trading License (EP) Revoked | High potential risk

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Website

Rating Index

Influence

Influence

D

Influence index NO.1

Singapore Singapore 2.40
Surpassed 16.00% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+44 2080363883
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Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St Vincent & the Grenadines
The WikiFX Score of this broker is reduced because of too many complaints!

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
4

Basic Information

Registered Region
Saint Vincent and the Grenadines
Operating Period
5-10 years
Company Name
Tradesto Corporation
Customer Service Email Address
info@tradesto.com
Contact Number
+442080363883
Company Website
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((((

((((

Unverified

Malaysia

I couldn’t find the bank that I uploaded information into, thus unable to withdraw.

Exposure

FX3009931112

FX3009931112

Unverified

Malaysia

Server busy is happening more often now. Can’t enter/close trades nor to modify TP and SL. This is very frustrating for a trader because we couldn’t get the best entry point to enter our trades and couldn’t close our trades with profits. Kindly fix this issue immediately. Thanks !

Exposure

((((

((((

Unverified

Malaysia

Submit the withdraw request for one week already but still pending

Exposure

李春波

李春波

Unverified

Argentina

Having been trading with Tradesto for several months, and it did give me a surprise. I never thought an offshore broker could be so responsible, always available for help. Trading conditions are not bad. Waiting for my good news, guys.

Neutral

Neutral

FX3698432781

FX3698432781

Unverified

Malaysia

Withdraw about 1 month ago, I contacted the customer support but reply me with meaningless reply. They don't give a timeline for the withdrawal. Tradesto confirm is the scam. If anyone can help to get back, I don't mind to give some tips. The best is let them shut down and get sue.

Exposure

Justin青蛙

Justin青蛙

Unverified

Malaysia

I withdrew from May 21 and there was still no result. I wrote email to the platform but they did not give a complete solution. They only told me to wait but I did not know how long. I had problems with my investment and it was important to me. I hope they could return the money to me. Please help me get it back. I’d like to pay you tips. It was better than losing everything.

Exposure

FX4115528897

FX4115528897

Unverified

Malaysia

Stay away from it. The balance in my account totaled $600 but it was unavailable.

Exposure

FX5944873722

FX5944873722

Unverified

Malaysia

I deposited $5000 on June 20 but my account did not receive it. Then they disappeared and my investment was gone.

Exposure

FX5944873722

FX5944873722

Unverified

Malaysia

Scammer broker of fast-tradeoption, they don’t let me get back the money. Don’t trade with fast-tradeoption. At the beginning ( maybe June) I talked with Mr. Frederick in Linkedin about how your company’s colleagues scammed me. Mr Frederick said he could help. As long as I opened an account with his company and put $5000 in it, he could help me migrate the old account to a new account then I can get back what my deposit. Before I made the deposit, I asked him so many times if there were any fees for withdrawal. He said NO. So I put $5000, during which he said that the money from the old account can be transferred to the new account. A week later, when I wanted to get back my profits $72778. After I sent the withdrawal request different fees were derived. Firstly is $2000 for IBPC, secondly is $3500 manager fee and TAX, thirdly is $5000 UPGRADE account to get money. At that moment I had asked Ms Clara to write an email to me, after this upgrade no other extra fee I need to pay. Unfortunately, I got an email about ITF $2700 and finally it is 10% 21550 (finally he deduct to $15000) of the manager’s COMMISSION profit.

Exposure

gustavo_fring

gustavo_fring

Unverified

Malaysia

They told me that my bank withdrawal request has been approved on March 9 2021. But I actually I requested the withdrawal request 2 weeks earlier than that. it took 2 weeks to get approved. now already been how many months yet i still havent receive my withdrawals. i tried to contact the customer service, you can read in the picture what they said.

Exposure

Yap Chin Chien

Yap Chin Chien

Unverified

Malaysia

Unable to withdraw since January until now

Exposure

J70826

J70826

Unverified

Malaysia

Beware of Big Brain Bank & CL group people, they introduce clients like me to use copy trade and loss the account in one day.

Exposure

FX1718886386

FX1718886386

Unverified

Malaysia

I can’t search the URL. It is unavailable. I want to change another platform but I can’t withdraw.

Exposure

ckBBb

ckBBb

Unverified

Malaysia

Can't withdraw money I said 2 weeks ago that the withdrawal batch was in March. Now I say that I haven't talked about withdrawal batch until March

Exposure

ckBBb

ckBBb

Unverified

Malaysia

Ck? BBB? Tradesto? 2 weeks ago, said which batch of the first withdrawal was in March Email tradesto today Does it say that the latest withdrawal was in January? ? Roti Canai?

Exposure

ckBBb

ckBBb

Unverified

Malaysia

2 weeks ago said that the latest approve withdrawal was on March 16th Ask again today, which batch is the withdrawal now? Tell me again that the current withdrawal is in January? CK BBB agreed to withdraw money in one week? I haven't gotten it in 2 months

Exposure

FX1718886386

FX1718886386

Unverified

Malaysia

Cannot close or open orders and cannot set tpsl to cause losses

Exposure

ckBBb

ckBBb

Unverified

Malaysia

But they keep delaying.

Exposure

FX3001019445

FX3001019445

Unverified

Malaysia

My application hasn’t been approved yet! I’ve emailed them many times. No response!

Exposure

Calvin Chung Howe Leong

Calvin Chung Howe Leong

Unverified

Malaysia

The withdrawal has been approved since 2 months ago but still not receiving any movey back yet

Exposure

K~啓龍

K~啓龍

Unverified

Malaysia

This platform is a black platform, and it hasn't been paid out since before the new year. It's been more than two months, and I feel that there is no hope that I will get the money

Exposure

Ah lun.

Ah lun.

Unverified

Malaysia

Don't pay? I suggest you don’t use this tradesto

Exposure

✨✨HANG✨✨

✨✨HANG✨✨

Unverified

Malaysia

It has been a month. And the customer service can’t give me an accurate time. Is it reasonable that it takes so long to get my principal back?

Exposure

114
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Official Website

Website

Most visited countries/areas
MalaysiaMalaysia
  • tradesto.com
    104.198.93.135
    Server Location
    Japan Japan
    ICP registration
    --
    Most visited countries/areas
    Malaysia Malaysia
    Domain Effective Date
    2012-10-12
    Website
    WHOIS.GODADDY.COM
    Company
    GODADDY.COM, LLC

Company Profile

Company Profile

Review summary

Note: Tradesto's official website - https://tradesto.com is currently inaccessible normally.

Tradesto Review Summary
Founded2012
Registered Country/RegionSaint Vincent and the Grenadines
RegulationVFSC (Revoked), ASIC (Exceeded/Suspicious clone)
Market InstrumentsForex, precious metals, crude oil
Demo Account
LeverageUp to 1:500
EUR/USD SpreadFloating around 1.3 pips
Trading PlatformMT4
Min Deposit$100
Customer SupportTel: +44 2080363883, +1-855-246-7284
Email: support@tradesto.com, info@tradesto.com
Facebook, Instagram, Youtube, Linkedin
Registered office address: Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St Vincent & the Grenadines
Operation office address: 443 EARLY STREET, MUNSTER, KWAZULU NATAL, 4278 SOUTH AFRICA
Regional RestrictionsAfghanistan, Bosnia and Herzegovina, Democratic Peoples Republic of Korea (DPRK), Guyana, Iran, Iraq, Lao Peoples Democratic Republic, Myanmar, Papua New Guinea, Syria, Uganda, Vanuatu, Yemen

Tradesto Information

Tradesto, an unregulated online Forex and CFD broker, was founded in 2012 and set offices in St. Vincent and the UK. It is an ECN broker that offers online trading through the sophisticated MetaTrader 4 trading platforms. Tradesto Corporation is incorporated and registered in Saint Vincent and the Grenadines under license number 22360 IBC 2014.

Tradesto's homepage

Pros and Cons

Pros Cons
Demo accountsRegional restrictions
Multiple account typesInaccessible website
MT4 platformNo regulation
Popular payment optionsLimited tradable assets
Wide spreads

Is Tradesto Legit?

No. Tradesto currently has no valid regulations. Please be aware of the risk!

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
South Africa
Vanuatu Financial Services Commission (VFSC)RevokedTRADESTO CORPORATIONRetail Forex License14736
Australia
Australia Securities & Investment CommissionExceeded TRADESTO CORPORATIONCommon Business Registration616 567 698
Australia
Australia Securities & Investment CommissionSuspicious clone COC CORP PTY LTDCommon Business Registration650 004 694
Revoked VFSC license
Exceeded ASIC license
Suspicious clone ASIC license
Domain information

What Can I Trade on Tradesto?

Tradable Instruments Supported
Forex
Precious metals
Crude oil
Indices
Stocks
Cryptocurrencies
Bonds
Options
ETFs
Trading products

Account Type

Account TypeMin Deposit
Classical$100
Islamic
ECN
MAM
Joint
Corporate

Leverage

The broker offers maximum leverage of 1:500. Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.

Spread

Asset ClassAvg Spread
Forex2.0 pips
Gold3.0 pips
Oil4.0 pips
Spread

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4PC, iOS, AndroidBeginners
MT5/Experienced traders
MT4

Deposit and Withdrawal

Tradesto accepts payments via wire transfers, Help2pay, Shop2pay, Visa, Mastercard, Neteller, Fasapay, and I-Account, China UnionPay, and Bitcoin.

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • Vanuatu Forex Trading License (EP) Revoked
  • High potential risk

News

Tradesto review – 5 things you should know about tradesto.com

News Tradesto review – 5 things you should know about tradesto.com

We are reviewing Tradesto, a shady brokerage claiming to be regulated in various jurisdictions. They offer MetaTrader4, purportedly tight spreads and different account types, including Classical, Islamic and Managed ones. However, the broker is utterly dangerous, and you can see why in the full Tradesto review.

Wiki Q&A

Can Tradesto be trusted by traders?

Tradesto operates as an unregulated entity, presenting a high-risk profile for traders due to a complete absence of valid, active regulatory oversight. While the broker claims regulation, its VFSC license is revoked and its ASIC authorization cannot be verified for retail forex activities. The company's registration in Saint Vincent and the Grenadines—a jurisdiction without licensing or supervision of forex brokers—places client funds outside established investor protection frameworks.

Two days ago
United States

Which regulator oversees Tradesto?

Tradesto Corporation currently operates without a verified, active license from a mainstream financial regulator for its forex and CFD business. The broker's claimed VFSC license is revoked, and its ASIC status is unverified for retail trading, resulting in no credible regulatory oversight. The company is registered in Saint Vincent and the Grenadines, which does not license or supervise forex brokers.

Two days ago
United States

What is the full company name of Tradesto?

The broker operates under the full legal name Tradesto Corporation.

Two days ago
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

Two days ago
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

Two days ago
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

Two days ago
United States

What is a clone broker website?

A cloned broker website refers to a fraudulent website that imitates the information of a legitimate broker. Such websites usually copy the real company's brand name, page design, and even regulatory information to mislead investors into making deposits. Common features include: a domain name highly similar to the official website (such as slight spelling differences), abnormal or unverifiable contact information, and promises of unusually high returns. Once funds enter such platforms, they are usually difficult to recover. Investors can identify potential risks by checking the official domain name, verifying regulatory information, and using WikiFX for cross-verification.

Two days ago
United States

What are the most common and reputable forex regulatory authorities?

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

Two days ago
United States
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