Exchange New Trade is a forex broker officially registered on August 22, 2023. The broker primarily offers access to numerous trading markets through its proprietary trading platform and mobile application, including Forex, stocks, indices, energy, metals, cryptocurrencies, and ETF contracts for difference (CFDs).
Company Registration Information and Regulatory Status:
The official website of Exchange New Trade does not disclose its corporate entity registration information and regulatory details. Validation of its provided contact address, “20 Great Eastern St, London, UK” through the UK’s Companies House and the Financial Conduct Authority (FCA) did not find any registration information for this broker.
Account Opening:
To open an account with Exchange New Trade: visit the broker's official website, click on “SIGN UP FOR FREE” on the homepage or “SIGN UP” at the top right corner of the webpage to access the account registration page. Fill in personal details such as name and email address, set a login password, and submit. Once the application is submitted, the account is successfully registered.
Trading Plans:
Trustec Assets offers four trading plans: STARTER, BASIC, PRO, EXECUTIVE.
STARTER:
- Minimum investment amount: $500
- Maximum investment amount: $1,000
- Return on investment: 6.50%
- Overnight interest every three days
- Trading period: 21 days
- Double bonus daily
- Instant trading methods: Copy trading/trading robot
- Provides demo trading
- Provides a senior broker
BASIC:
- Minimum investment amount: $1,500
- Maximum investment amount: $4,000
- Return on investment: 10.50%
- Overnight interest every three days
- Trading period: 21 days
- Bonus sent via e-wallet
- Instant trading methods: Copy trading/trading robot
- Provides demo trading
- Provides a basic broker
PRO:
- Minimum investment amount: $5,000
- Maximum investment amount: $9,000
- Return on investment: 15.50%
- Weekly overnight interest
- Trading period: 1 month
- Exclusive daily bonus
- Instant trading methods: Copy trading/trading robot
- Provides demo trading
- Provides a professional broker
EXECUTIVE:
- Minimum investment amount: $10,000
- Maximum investment amount: $50,000
- Return on investment: 20.30%
- Weekly overnight interest
- Trading period: 1 month
- Advanced daily bonus
- Instant trading methods: Copy trading/API key
- Provides demo trading
- Provides an executive broker (expert)
Trading Platform:
Exchange New Trade provides a proprietary trading platform, but, in reality, the broker's official website only displays icons without providing actual download links, making it impossible to access related pages; only the web-based trading platform can be accessed through the official website.
Deposits and Withdrawals:
Trustec Assets supports deposits and withdrawals through local banks, e-wallets, or cryptocurrencies.
Conclusion:
Traderknows reminds investors that Exchange New Trade is a scam platform without any regulation. The design and content of this broker's official website are identical to those of brokers like AI Marketing, Sudden Financial Markets, ExperVista Group, Trustec Assets, Top Elite Market, and Global Market Gains. Traderknows advises investors to choose brokers with transparent information, strong regulation, and a good reputation for investment activities, to avoid unnecessary loss of property.
Currently, this broker is marked as a "slaughter plate" on Traderknows.
