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For more information about Trade Action Forex Broker company profile, come to WikiBit!

Rating Index

Pros

Offers a wide selection of trading instruments, including over 500 options across forex, CFDs, and cryptocurrencies.
Provides high leverage options of up to 1:500, which can appeal to experienced traders looking for greater exposure.
Supports a well-known trading platform, MetaTrader 4, which is popular among traders for its features and usability.

Cons

Completely unregulated, posing a significant risk to the safety of traders' funds and potentially leading to issues with withdrawals.
High minimum deposit requirement of $500 for the micro account, which may be prohibitive for beginner traders.
Numerous negative reviews and complaints about fraudulent activities and difficulty in withdrawing funds, raising serious concerns about the broker's legitimacy.