TradInvestor is an online trading company which offers trading services for Forex, cryptocurrencies, indices, stocks, and commodities. Based on the information available on the website, its goal is to “make the investing process as simple and profitable as possible”. Right from the start, we find a very strange thing since there’s no information about the company owning or operating TradInvestor.
There’s a lot of talk about the company’s mission and values, yet nothing about who’s behind the company. This is a strong negative point and should raise serious questions for traders who want to know more about the company they are dealing with.
Account Types
At the present time, TradInvestor offers four types of trading accounts: silver, gold, platinum, and diamond. For a silver account, which is the basic one, a client must deposit a minimum of €2,500. Compared to most of the other popular and reputable brokers, this is a very high requirement. Since we don’t know who’s behind the company, how can we be certain that our funds will be secure after a deposit?
You’ll have to deposit €2,500 to get access to online courses and 24h support, given that most of the popular brokers offer access to information for free. Although the number of features increases with the other account types, the deposits are high, given the uncertainties surrounding the company.
Trading Platform
TradInvestor relies on a proprietary web-based platform powered by TradingView charts. This is something we’ve seen with other brokers, but other than the features provided by charting, there’s little to talk about. Just a left section with the instruments and right next to it the TradingView charts.
The company could have implemented some other tools that could facilitate its clients to find particular instruments better or any other thing that could make trading faster.
TradInvestor Main Features
Forex pairs, commodities, cryptocurrencies, indices, and stocks are currently available for trading. In terms of cryptocurrency trading, it’s strange to see TradInvestor allows fiat deposits but offers access to crypto pairs in USDT and EURT. It may offer access to 29 cryptocurrencies, but some fiat and cross pairs would have been very useful.
There had been a lot of controversy surrounding USDT, one of the most popular stablecoin, assumed to be accountable for various price manipulations in the cryptocurrency market.
An Education section is available at TradInvestor, but the information there is very basic and has nothing to do with trading. “Why use Bitcoin?”, “How to store your Bitcoin?”, “Is Bitcoin legal?” are just some of the topics discussed.
Summary
To summarize, TradInvestor does not look like a reliable trading company. We don’t know anything about who’s behind and there’s vague contact information. The phone number available on the website is “+44 xxxxxxxx” and with the email support, it could take a long time until an answer is received. From our point of view, there’s a lot of controversy surrounding the company and it may not be suitable to open an account with them. Make sure to ask them for details, before you open a live account.
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