Tradewill is a forex broker registered in Saint Vincent and the Grenadines in 2021, mainly providing investors with foreign exchange, crude oil, precious metals, stocks, indices trading services, the company's official website supports traditional Chinese, English, Portuguese, Hindi, Indonesian as the language of use. In addition, the Tradewill official website account registration page also supports traditional Chinese, English, Portuguese, Indian, Indonesian.
Company background:
According to Tradewill's website, the company is registered in Saint Vincent and the Grenadines. A query on the website of the Financial Services Authority of Saint Vincent and the Grenadines (SVGFSA) shows that the information that the company is registered in Saint Vincent and the Grenadines is true. In addition, Whois query of the website domain name registration information shows that the company's official website domain name registration on April 4, 2009, the domain name registration time has been more than 10 years.
Account Registration:
Tradewill's official website shows that the company provides investors with registration links for real accounts and demo accounts. The way to register a real account is: Click "Open an account" in the upper right corner of the official website of Tradewill, or "Open Real Account" on the right side of the home page of the official website of Tradewill to enter the registration page, fill in the Email and password, and then enter the account center. Fill in the ID card and bank information in the account center to complete the registration of the real account. The demo account registration method is the same as the real account registration method. In addition, the Tradewill official website account registration page supports traditional Chinese, English, Portuguese, Indian, Indonesian.
Account Type:
Tradewill offers investors two different types of trading accounts, STANDARD and COMMISSION FREE, according to Tradewill's website. In addition, the Tradewill website also provides the differences between the two accounts in terms of commissions, minimum deposits, and spreads.
Trading Products:
According to Tradewill's official website, the company provides investors with trading services in foreign exchange, crude oil, precious metals, stocks and indexes. In addition, although Tradewill's official website provides all trading products covered by forex, crude oil, precious metals, stocks and indices, as well as spread information for all trading products. However, Tradewill's official website does not provide information on commissions, minimum trading units, maximum trading units, and overnight interest for specific trading products covered by the index, such as foreign exchange, crude oil, precious metals, stocks, and the index.
Margin ratio:
Although Tradewill shows the margin (leverage) ratio of 100-500 for different accounts in the "Account Type" on the official website, Tradewill does not provide margin (leverage) ratio information for specific trading products covered by forex, crude oil, precious metals, stocks and indexes.
Trading Hours:
The official website of Tradewill only provides the trading hours of different financial markets, and does not provide the trading hours of specific trading products covered by foreign exchange, crude oil, precious metals, stocks and indexes.
Deposits and Withdrawals:
The official website of Tradewill does not provide information about the channels and methods of deposit and withdrawal supported by Tradewill, the currencies of deposit and withdrawal supported by Tradewill, as well as the fees and time of deposit and withdrawal.
Trading Software:
According to Tradewill's website, the company provides investors with MetaTrade4 (MT4) trading software, which supports computer (Winodws/MacOS), Web and mobile (IOS/Android) versions. However, the Android version of MT4 software in some countries or regions, there are problems that can not be downloaded or downloaded installation speed is slow.
Other services:
Tradewill offers investors economic calendars, trading news, calculators and other services, according to its website. The Economic calendar allows investors to keep abreast of financial events that have happened or are about to happen in the financial markets. Trading News is the market analysis and trading product analysis of some trading products provided by Tradewill for investors. Calculators can help investors measure parts of the trading process in advance.
Regulatory information:
Tradewill's website does not provide the regulatory or authorisation information it has obtained, while Tradewill's website shows the website of the Financial Services Authority of Saint Vincent and the Grenadines (SVGFSA), the regulator where the company is registered, although information about the company is available. The Saint Vincent and the Grenadines Financial Services Authority (SVGFSA) does not regulate, monitor, or authorize commercial companies (BCS) engaged in forex trading or broking.
Summary:
Tradewill is suspected of fraud. Although the results of a query on the website of the Financial Services Authority of Saint Vincent and the Grenadines (SVGFSA) show that the information of the company registered in Saint Vincent and the Grenadines is true. However, Tradewill's website does not provide the regulatory or authorization information it has obtained, and Tradewill's website shows that although the company's information is available on the website of the Financial Services Authority of Saint Vincent and the Grenadines (SVGFSA), the regulator where the company is registered, However, the Saint Vincent and the Grenadines Financial Services Authority (SVGFSA) does not regulate, monitor, or authorize commercial companies (BCS) engaged in forex trading or broking. Judging from this, Tradewill is suspected of fraud, and investors should be careful to choose the services provided by the company. TraderKnows reminds you, please pay attention to your property safety, to avoid falling into the fraud trap.
