extradecryptoforex.one is a CFD broker website registered on August 16, 2023. The broker primarily offers investment services in markets such as Forex, cryptocurrencies, indices, stocks, energy, and commodities. It does not provide services to countries and regions where doing so would violate local laws or regulations.
Company Registration and Regulatory Status
According to publicly available information on its official website, extradecryptoforex.one was founded in 2016 and is regulated by the Australian Securities and Investments Commission (ASIC). However, the broker does not disclose its corporate registration details or comprehensive regulatory information.
Upon verification, the Australian Securities and Investments Commission (ASIC) does not list "extradecryptoforex.one" as a regulated entity.
Therefore, extradecryptoforex.one is essentially an unregulated scam broker website.
Account Opening Process
To open a trading account with extradecryptoforex.one: Visit the broker's official website, click on the "Open Account" button on the homepage or "SIGN UP" in the top right corner of the page. Fill in your personal information, such as your name and email address, set up a login password, and submit the form. Once the account is verified, registration will be complete.
Trading Instruments:
extradecryptoforex.one offers clients a variety of trading products, including Forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves the exchange of different currencies, known for its high liquidity, allowing traders to profit from exchange rate fluctuations.
- Indices: Index trading allows for speculation on the performance of entire markets or specific sectors without trading individual stocks. By exploring popular indices, diverse trading opportunities can be discovered, and high leverage can enhance potential returns.
- Commodities: Commodity trading covers key resources in the global market, enabling traders to buy and sell various raw materials, including metals, energy products, and agricultural goods.
- Stocks: Stock trading lets investors participate in public companies' price movements, earning profits from price changes and dividends based on company performance without actually holding the stocks.
- Cryptocurrencies: Cryptocurrency trading provides opportunities for digital currency enthusiasts to profit from highly volatile assets.
Investment Plans
extradecryptoforex.one offers four different types of investment plans: STARTER ACCOUNT, CLASSIC ACCOUNT, PLATINUM, and FOREX SIGNALS.
STARTER ACCOUNT:
- Minimum deposit: £500
- Minimum expected profit: £3,500
- Maximum expected profit: £5,000
- Trader education*
- Risk management
- Tax-free spread trading profits
CLASSIC ACCOUNT:
- Minimum deposit: £5,000
- Minimum expected profit: £45,000
- Maximum expected profit: £50,000
- Expert news and analysis
- Competitive spreads
- Advanced trading tools
- Tax-free spread trading profits
PLATINUM:
- Minimum deposit: £10,000
- Minimum expected profit: £99,999
- Access to full benefits
- Trader education*
- Advanced risk management
- Tax-free spread trading profits
FOREX SIGNALS:
- Professional Forex signals
- Up to 10 signals per day
- 95% success rate
- 24/7 support
- Advanced trading tools
- Bitcoin payment only
- Use any broker
Trading Platform
extradecryptoforex.one offers a self-developed trading platform, claiming an average order execution speed of less than 7.12 milliseconds, with over 12,000 orders executed per second by comprehensive liquidity providers.
Deposits and Withdrawals
extradecryptoforex.one only supports deposits and withdrawals via cryptocurrencies.
Conclusion:
Traderknows reminds investors that extradecryptoforex.one is a scam broker that lures investors with promises of high returns. This site lacks any regulation. It is recommended that investors choose brokers with transparent information, strong regulation, and a good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
