Tradetip Analysis is a Contract for Difference (CFD) broker with its official website domain registered on March 29, 2024. The broker primarily provides investment services in trading markets such as forex, cryptocurrencies, indices, stocks, energy, and commodities. It does not offer services to countries and regions where doing so might violate local laws or regulations.
Company Registration and Regulatory Status
According to publicly available information on Tradetip Analysis' official website, the broker was established in 2016 and claims to be regulated by the Australian Securities and Investments Commission (ASIC). However, the broker does not disclose specific company registration information or detailed regulatory details.
Upon verification, ASIC has no record of a regulated entity named "Tradetip Analysis."
Therefore, Tradetip Analysis is, in fact, a scam broker website without an actual company entity or any form of regulation.
Account Opening Process
The account opening process for a Tradetip Analysis trading account involves visiting the broker's website, clicking on "Open Account" on the homepage or "SIGN UP" at the top right corner to enter the registration page, filling out personal details such as name and email, setting a password, and submitting the information. After account verification, the registration is successful.
Trading Instruments
Tradetip Analysis offers a variety of trading products, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves the exchange of different currencies, known for high liquidity, enabling traders to profit from currency fluctuations.
- Indices: Index trading allows speculation on the performance of entire markets or specific sectors rather than individual stocks, uncovering diverse trading opportunities through popular indices, and leveraging to boost potential returns.
- Commodities: Commodity trading covers key global market resources, enabling traders to buy and sell a variety of raw materials, including metals, energy, and agricultural products.
- Stocks: Stock trading allows investors to participate in price fluctuations and dividends based on company performance without actually owning the stocks.
- Cryptocurrencies: Cryptocurrency trading provides opportunities for digital currency enthusiasts to profit from highly volatile assets.
Investment Plans
The official website of Tradetip Analysis does not publish information regarding account types, spreads, trading leverage, margin call/stop-out levels, trading commissions, minimum/maximum trade sizes, maximum positions/orders, or minimum price increments.
Trading Platform
Tradetip Analysis claims to offer a proprietary trading platform with an average order execution speed of less than 7.12 milliseconds and over 12,000 orders executed per second from multiple liquidity providers. However, clicking the provided download link redirects to the MT4 trading platform, where no broker named Tradetip Analysis can be found.
Deposits and Withdrawals
Tradetip Analysis does not specify supported deposit and withdrawal methods on its website.
Conclusion:
Traderknows reminds investors that Tradetip Analysis is a scam broker that lures investors with high returns. The website has no actual company entity or any regulation, and the contact method is limited to email. Investors are advised to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is labeled as a "Scam" on Traderknows.
