Tradition Services Limited is an online forex brokerage site that registered its official domain in December 8, 2023. It primarily offers investors trading services for financial derivatives such as forex, indices, energies, precious metals, stocks, and cryptocurrencies. The location of its headquarters is unknown. The broker does not offer services in jurisdictions where it may violate local laws or regulations.
Company Registration Information and Regulatory Status:
The official website of Tradition Services Limited does not disclose its company registration entity information or regulatory status, and no related information about the company could be found.
Account Opening:
To open an account with Tradition Services Limited: Visit the broker's official website, click "Register now" on the homepage or "Register" in the upper right corner of the webpage to enter the account registration page. Fill in personal information such as your name, email address, and set a login password before submitting. Once the application is submitted, the account is successfully registered.
Trading Information:
Forex:
- Trading types: Over 30 currency pairs
- Maximum trading leverage: 1:500
- Trading commission: 0
- Contract size: 1 lot = 1,000,000 units of base currency
- Minimum trading volume: 0.01 lot
- Minimum price precision: Fifth decimal place
Indices:
- Trading types: Over 30 foreign exchange currency pairs
- Maximum trading leverage: 1:500
- Contract size: 1 lot = 1 unit of base currency (For JPN225, 1 lot = 100 yen)
- Minimum price precision: Fifth decimal place
Energies:
- Low commission
- No overnight fees
- Low margin requirements
- Minimum trading volume: 0.01 lot
Precious Metals:
- Minimum contract unit: Gold 1 ounce; Silver 50 ounces
- Trading commission: 0
- Minimum trading volume: 0.01 lot
Stocks:
- Low commission
- No hidden fees
- Over 50 popular stocks
- Low margin requirements
- Minimum trading volume: 0.01 lot
Cryptocurrencies:
- Contract size: 1 lot = 1 (For Ripple, 1 lot = 100)
- Trading commission: 0
- Position limits: 100 to 2000 lots
- Margin level: 50% (For Bitcoin, it is 10%)
Trading Platform:
Tradition Services Limited provides the ST5 trading platform for its users.
Deposits and Withdrawals:
Tradition Services Limited supports deposits and withdrawals through methods such as Mastercard, Visa, Skrill, among others.
Summary:
Traderknows reminds investors that Tradition Services Limited is a brokerage website with opaque corporate entity registration and regulatory information. It is advised that investors choose brokers with strong regulation and good reputation for investment activities to avoid unnecessary financial losses.
Currently, this brokerage is flagged as "suspected of fraud" on Traderknows.
