Metaford Network Trade is a financial platform offering a diverse range of trading products, established on March 24, 2023. The registration information of Metaford Network Trade is unclear, and detailed registration background could not be found. The platform claims to be a subsidiary of Metaford Network Trade ADVISORS and asserts to be regulated by authoritative bodies such as the Financial Industry Regulatory Authority (FINRA) in the USA, the Australian Securities and Investments Commission (ASIC), and the Financial Sector Conduct Authority (FSCA) in South Africa. However, actual investigations do not show any company information related to Metaford Network Trade in these regulatory bodies.
Corporate Background of Metaford Network Trade:
The domain of Metaford Network Trade was established on March 24, 2023. However, specific details regarding its registration and corporate background are currently not available. For a platform claiming to offer financial services, the absence of clear registration information and legal background raises concerns about its credibility. Investors should prioritize platforms with greater transparency and publicly available information to ensure the safety of their funds.
Regulatory Information of Metaford Network Trade:
Metaford Network Trade claims to provide CFD trading services for forex and stocks and states it is a subsidiary of Metaford Network Trade ADVISORS, and a member of the Financial Industry Regulatory Authority (FINRA) in the US, with authorization from the Australian Securities and Investments Commission (ASIC) and the Financial Sector Conduct Authority (FSCA) in South Africa. However, searches in the databases of FINRA, ASIC, and FSCA did not yield any company matching the Metaford Network Trade name. This indicates that the platform is engaging in false advertising and is not actually regulated. Therefore, it is strongly advised that investors refrain from transacting funds on this platform to avoid unnecessary risks.
Account Registration Process for Metaford Network Trade:
- Visit the official website of Metaford Network Trade and click the registration button
- Fill out the application form
- Submit identity verification documents
- Deposit funds and start trading
Account Types of Metaford Network Trade:
The official website of Metaford Network Trade does not provide specific information about its account types. It is currently unclear whether the platform offers different types of trading accounts to meet the needs of various investors. Without clear account information, investors cannot assess whether the platform aligns with their investment strategies. Additionally, account types often involve essential trading conditions such as spreads, commissions, leverage rates, etc. The absence of this information not only reflects a lack of transparency on the part of the platform but may also obscure terms that are disadvantageous to investors.
Trading Software of Metaford Network Trade:
Metaford Network Trade has not yet disclosed detailed information about its trading software.
Trading Products of Metaford Network Trade:
Metaford Network Trade offers a diverse range of trading products designed to meet various investment strategies and preferences. Their portfolio includes:
- Stocks: Investors can trade individual stocks from various global markets, offering opportunities to invest in well-known companies and emerging enterprises.
- Forex: The platform supports forex market trading, allowing users to trade currency pairs. This includes major pairs like EUR/USD and GBP/USD, as well as minor and exotic pairs, enabling investors to profit from exchange rate fluctuations.
- Mutual Funds: Metaford Network Trade provides various mutual funds investment options, which pool funds from multiple investors to invest in a diversified portfolio of stocks, bonds, and other securities. This product is suitable for those seeking managed, diversified investment choices.
- Non-equity Products: The platform offers trading options for non-equity products, potentially including commodities, indices, and other financial instruments beyond traditional stock trading.
- Real Estate: Metaford Network Trade includes real estate investment opportunities, allowing users to invest directly in the real estate market or through Real Estate Investment Trusts (REITs).
- Copy Trading: This feature enables investors to automatically replicate the trades of experienced and successful traders. It is a convenient option for beginners or those looking to leverage the expertise of seasoned investors.
What are the Spreads, Leverage, and Commissions of Metaford Network Trade?
The official website of Metaford Network Trade does not disclose detailed information regarding spreads, trading leverage, transaction commissions, minimum/maximum trade size, maximum position/order limits, margin call/stop-out levels, minimum price increment, and contract size for trading accounts.
Deposit and Withdrawal Methods of Metaford Network Trade:
Metaford Network Trade's deposit and withdrawal methods are not specifically introduced on its official website. Typically, traders might be able to use various common payment methods for deposits and withdrawals, including bank transfers, credit cards, and electronic wallets.
Customer Support of Metaford Network Trade:
Email: support@metafordnetworktrade
Phone: +1 646 902 1035
Conclusion:
Metaford Network Trade lacks transparency in its corporate background and does not provide detailed registration information. The platform claims to be regulated by FINRA, ASIC, and FSCA, but actual investigations found no related registration information in these authorities, indicating false advertising. The official website does not offer detailed information about account types, making it difficult for investors to determine if there are suitable trading accounts for their needs. Additionally, the platform has yet to disclose detailed information about its trading software. These shortcomings cast doubt on the credibility and transparency of Metaford Network Trade, and investors should remain highly cautious. Metaford Network Trade is listed as "Suspected Fraud" on TraderKnows.
