TradeFCM is a forex and contract for difference (CFD) broker founded in the United Kingdom, headquartered in Glasgow. It primarily offers CFD trading services for forex, futures, indices, precious metals, and stocks. The broker's official website is https://tradefcm.com/, and it supports the English language. According to Whois data, TradeFCM's official website domain was registered on October 4,2016.
Company Background:
TradeFCM's specific office address is 4578 Marmora Road, Glasgow D04 89GR, and its domain was registered in 2016. However, detailed information about the broker's corporate registration is not available, and there is no publicly accessible information regarding this. Notably, TradeFCM offers accounts with high leverage and is not subject to regulation by any regulatory authority.
Regulatory Information:
TradeFCM is not regulated by any supervisory authority, which may pose risks in terms of asset security, investor protection, and risk prevention. Investors should exercise caution when considering TradeFCM's services to protect their financial security. Currently, the broker is marked as "suspected fraud" on TraderKnows.
Trading Products:
TradeFCM provides various financial instruments for user trading, including:
Forex: It offers opportunities to trade various currency pairs in the forex market, allowing investors to speculate on price fluctuations between currencies.
Stocks: Traders can engage in CFD trading of stocks from different companies, including well-known ones like Apple, Microsoft, and Amazon.
Precious Metals: TradeFCM offers CFDs on precious metals like gold and silver, providing trading opportunities based on price changes.
Indices: Index CFDs allow investors to trade based on the price performance of market indices without owning the underlying assets.
Futures: Futures CFDs enable traders to speculate on the price movements of various assets without the need to own the physical assets.
These products offer investors opportunities to access different financial markets and manage risk through diversified portfolios.
Account Registration:
TradeFCM's official website provides an account registration link, although it does not distinguish between real and demo accounts. The registration process is as follows:
Visit the TradeFCM official website,Click on "Login / Register" in the upper right corner of the website.
Fill in the required information, including name, phone number, email, and password, to complete the account registration.
Account Types:
TradeFCM offers four account types:
- Mini Account
- Standard Account
- Gold Account
- Professional Account
All these accounts may incur certain commissions, but specific amounts are not disclosed. Users can choose the account type that best suits their trading needs.
Spread and Leverage:
TradeFCM offers a maximum leverage of 1:1000, with spreads starting from 1.0. The minimum deposit is $1,000, and the maximum deposit is $1,000. The minimum trading size is 0.01 lots. Investors engaging in high-leverage forex trading should receive proper education, understand market mechanisms, and carefully consider their investment goals and risk tolerance.
Deposits and Withdrawals:
TradeFCM offers multiple deposit and withdrawal methods, including VISA, Mastercard, Skrill, NETELLER, PayPal, and more. Investors can choose the method that suits their needs.
Trading Platforms:
TradeFCM provides the popular MT4 and MT5 platforms for forex trading. Investors can choose a trading platform based on their specific trading requirements. However, detailed information about the trading platforms was not found on the broker's website.
Customer Support:
Investors can contact TradeFCM's customer service through phone, email, and social media channels such as Facebook, Instagram, and LinkedIn. However, the broker's website does not specify the operating hours of its customer service, which may affect the user experience.
Summary:
TradeFCM offers various trading opportunities across different financial products. However, detailed information about the company's registration and regulatory status is not readily available, and the broker offers high leverage. Investors considering TradeFCM's services should receive proper education, understand market mechanisms, and carefully evaluate their investment goals and risk tolerance. As of the current information available, TradeFCM has been marked with "suspicion of fraud" on TraderKnows. Users should exercise caution when selecting the services provided by this company, safeguard their financial assets, and avoid falling into fraudulent traps.
