Tradewise-FX is a platform offering a variety of financial products for trading. Its domain was established on October 3, 2023, and it operates from Belfast, UK. However, there is no registration information available for this entity on the UK government's official website. Additionally, the platform has not disclosed the company name or specific regulatory details and is listed on the warning list of the UK's Financial Conduct Authority (FCA). The following sections will provide detailed information about Tradewise-FX's account types, trading products, registration process, and other relevant information.
Background of Tradewise-FX:
The domain of Tradewise-FX was established on October 3, 2023, with its operational address at 54 Elmwood Ave, Co. Antrim, BT9 6AZ UK, Belfast. However, no registration information for the company could be found on the UK government's website.
Regulatory Information of Tradewise-FX:
Tradewise-FX has not disclosed the company name or specific regulatory details, making it impossible for users to verify. Furthermore, the platform is offering financial services without authorization and has been listed on the warning list by the UK's Financial Conduct Authority (FCA). Please stay away.
Account Registration Process of Tradewise-FX:
- Visit the Tradewise-FX website and click the register button.
- Fill out the application form.
- Submit identification/verification documents.
- Deposit funds and start trading.
Account Types of Tradewise-FX:
Tradewise-FX offers four different types of trading accounts to cater to the needs and investment sizes of different traders. Each account type has unique features and expected profit ranges to help traders achieve optimal investment returns.
- STARTER ACCOUNT
- Minimum Deposit: £500
- Features: Industry-leading entry price, suitable for beginners and small investors.
- Expected Profit:
- Minimum: £3,500
- Maximum: £5,000
The STARTER ACCOUNT is the ideal choice for entering the trading world, offering a reasonable entry price and a low minimum deposit requirement, allowing novice traders to start investing easily.
- SMART TRADER ACCOUNT
- Minimum Deposit: £1,000
- Features: Tighter spreads and commissions, suitable for more experienced traders.
- Expected Profit:
- Minimum: £10,000
- Maximum: £25,000
The SMART TRADER ACCOUNT offers more competitive trading conditions, helping traders achieve higher returns in the market. This account is suitable for users looking to enhance their trading skills and increase investment returns.
- AGGRESSIVE PROFIT ACCOUNT
- Minimum Deposit: £5,000
- Features: Tighter spreads and commissions, suitable for traders seeking high returns.
- Expected Profit:
- Minimum: £45,000
- Maximum: £50,000
The AGGRESSIVE PROFIT ACCOUNT is designed for traders pursuing high profits, offering highly competitive trading conditions to maximize returns on high investments.
- PLATINUM ACCOUNT
- Minimum Deposit: £10,000
- Features: Industry-leading entry price and top-notch service, suitable for high-net-worth investors.
- Expected Profit:
- Minimum: £99,999
The PLATINUM ACCOUNT offers the highest level of service and the most competitive trading conditions for high-net-worth clients, ensuring the maximum returns in the market.
Trading Software of Tradewise-FX:
Tradewise-FX has not yet disclosed specific details about its trading software.
Trading Products of Tradewise-FX:
Tradewise-FX offers a variety of financial products for trading, covering the following main categories:
- Foreign Exchange: Trade various currency pairs, including major, minor, and exotic currencies. Traders can utilize the volatility of the forex market to engage in various forex trading strategies.
- Cryptocurrencies: Offer trading in major cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. These digital assets are encrypted using cryptographic techniques and traded on decentralized networks, suitable for investors seeking high-risk, high-reward opportunities.
- Indices: Trade baskets of stocks representing different parts of the stock market, such as the S&P 500, FTSE 100, and Nikkei 225. Through index trading, investors can diversify their risk and gain from the overall market performance.
- Stocks: Provide trading in stocks from major global markets, including companies in various industries like technology, finance, and healthcare. Traders can invest based on company performance and market trends.
- Energy: Trade energy products like crude oil and natural gas. The energy market is highly volatile, suitable for experienced traders for speculation and hedging.
- Commodities: Include trading of physical commodities like agricultural products (corn, wheat, sugar) and metals (gold, silver, copper). These commodities can help traders diversify their investments during market volatility.
By offering these diverse trading products, Tradewise-FX meets the needs of different types of traders, providing a variety of investment opportunities and strategy options.
What are the spreads, leverage, and commissions at Tradewise-FX?
Tradewise-FX's website does not disclose details about spreads, trading leverage, trading commissions, maximum position/order sizes, margin call/stop-out levels, minimum price increments, or contract sizes for trading accounts.
What are the deposit and withdrawal methods at Tradewise-FX?
Tradewise-FX has not specified its deposit and withdrawal methods on its official website.
Customer Support at Tradewise-FX:
Email: support@Tradewise-FX.com
Conclusion:
The lack of transparent company background and regulatory information for Tradewise-FX calls for traders to exercise extra caution. When choosing a trading platform, ensuring its legitimacy and safety is crucial. For those considering using Tradewise-FX, it is recommended to conduct thorough research and make careful decisions to protect your funds and ensure the legality of your trading activities. Tradewise-FX is flagged as "Suspected Fraud" on TraderKnows.
