AdexTradesGo is a contracts-for-difference (CFD) brokerage website registered on August 20, 2023. This broker mainly offers investment services in markets such as forex, cryptocurrencies, indices, stocks, energy, and commodities, but does not provide services to countries and regions where it might violate local laws or regulations.
Company Registration Information and Regulatory Status
According to information disclosed on the AdexTradesGo website, the broker was established in 2016 and is regulated by the Australian Securities and Investments Commission (ASIC). However, the broker has not revealed any company entity registration information or detailed regulatory information.
Upon verification, the Australian Securities and Investments Commission (ASIC) has no registration information for a company named "AdexTradesGo."
Therefore, AdexTradesGo is actually a fraudulent broker website with no corporate entity or regulatory oversight.
Account Opening Process
The AdexTradesGo account opening process includes visiting the broker's website, clicking on "Open Account" or "Sign Up" at the top right corner of the webpage, filling in personal information such as name and email, setting a login password, and submitting the form. After the account is verified, registration is successful.
Trading Instruments
AdexTradesGo offers a variety of trading products, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Involves the exchange of different currencies, known for its high liquidity, allowing traders to profit from currency fluctuations.
- Indices: Allows speculation on the performance of entire markets or specific sectors without trading individual stocks. Exploring popular indices can uncover diverse trading opportunities and leverage to enhance potential returns.
- Commodities: Encompasses key resources in the global market, allowing traders to buy and sell various raw materials, including metals, energy, and agricultural products.
- Stocks: Enables investors to participate in the price fluctuations of public companies, earning from price changes and dividends without actually holding the stocks.
- Cryptocurrencies: Provides an opportunity for digital currency enthusiasts to profit from highly volatile assets.
Trading Platform
AdexTradesGo offers a self-developed trading platform, claiming an average order execution speed of less than 7.12 milliseconds, more than superior liquidity providers, and over 12,000 orders executed per second.
Deposits and Withdrawals
AdexTradesGo supports deposits and withdrawals only through cryptocurrency transactions.
Conclusion
Traderknows reminds investors that AdexTradesGo is essentially a fraudulent broker website with no corporate entity or regulatory oversight. Investors are advised to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
