For more information about Trade Vision Forex Broker company profile, come to WikiBit!
Business
License
Trade Vision Company, operating under the name Trade Will Global Limited, was founded on May 26, 2022. As a relatively new player in the financial trading sector, it has quickly established itself as a broker offering various trading services to clients around the globe.
Trade Vision is owned by Trade Will Global Limited, which operates as its parent company. This structure allows Trade Vision to manage its operations and provide services under its brand name while adhering to the regulatory frameworks applicable to its parent entity.
The headquarters of Trade Vision is located at Room 3, Attic Suites, 3rd Floor, Oliver Maradan Building, Victoria, Mahe, Seychelles. This location is significant as Seychelles is known for its offshore financial services, attracting many brokers seeking a favorable regulatory environment.
Trade Vision operates primarily in the forex and CFD markets, providing trading services to clients worldwide. Its global reach allows it to cater to a diverse clientele, though it is important to note that its regulatory status has raised concerns regarding its legitimacy and safety.
Trade Vision claims to be regulated by the Financial Services Authority (FSA) of Seychelles. However, its licensing status has been flagged as suspicious, with many reviews categorizing it as a "suspicious clone" broker. This raises concerns about the effectiveness of the regulatory oversight it operates under.
Since its inception in 2022, Trade Vision has made strides in establishing its presence in the trading industry. However, its rapid growth has been overshadowed by concerns regarding its regulatory status and operational legitimacy.
Trade Vision has expanded its offerings to include various trading instruments, including forex, CFDs for indices, commodities, and metals. Despite its growth in services, the company has faced scrutiny regarding its operational transparency and customer safety.
The customer base of Trade Vision has reportedly grown, driven by its competitive leverage offerings and low minimum deposit requirements. However, the growth has been tempered by warnings from various financial watchdogs and reviews highlighting its suspicious regulatory practices.
Trade Vision offers trading on popular platforms MT4 and MT5, which are well-regarded in the trading community for their functionality and user-friendly interfaces. The company has not introduced any proprietary trading platforms, instead relying on these established systems.
As a relatively new broker, Trade Vision has not yet received significant awards or recognitions within the industry. Its reputation remains mixed, primarily due to its regulatory concerns.
Trade Vision provides access to a range of forex trading options, including a variety of currency pairs. However, the exact number of pairs available has not been explicitly stated, which may be a point of concern for potential traders.
Currently, Trade Vision does not offer direct stock trading options. Instead, it focuses on CFDs, which allow traders to speculate on price movements without owning the underlying asset.
The company offers a range of CFD trading products, including forex CFDs, index CFDs, commodity CFDs, and metal CFDs. This diverse offering allows traders to engage in various markets and investment strategies.
In addition to CFDs, Trade Vision also claims to provide access to cryptocurrencies and commodities. However, the specifics regarding the range of cryptocurrencies available for trading are not well-documented.
Trade Vision promotes high leverage options of up to 1:500, which can be appealing to experienced traders looking to maximize their potential returns. However, such high leverage also comes with increased risk, and the broker's suspicious clone status raises concerns about the safety of trading under such conditions.
Trade Vision is registered with the Financial Services Authority (FSA) of Seychelles, but it has been labeled as a "suspicious clone." This indicates that while it may have some form of registration, the regulatory oversight may not be robust, and the legitimacy of its operations is questionable.
Trade Vision operates under the legal entity Trade Will Global Limited, registered in Seychelles. This offshore structure allows for certain regulatory flexibilities, but it also raises concerns regarding client protection and transparency.
There is little information available regarding the specific measures Trade Vision employs to protect client funds. The lack of insurance for client deposits is a notable risk factor, especially given its offshore status.
Trade Vision serves clients globally, but its primary focus appears to be on regions where regulatory requirements are less stringent, allowing for easier market entry.
Trade Vision's compliance history is marred by its classification as a suspicious clone. Various reviews and reports indicate that potential clients should exercise caution when considering trading with this broker.
Trade Vision faces competition from several other brokers in the forex and CFD space, including:
Trade Vision positions itself as a low-cost trading option with high leverage offerings. However, its positioning is undermined by its regulatory concerns and mixed reviews, which may deter potential clients.
The primary differentiation factors for Trade Vision include its high leverage options and the ability to trade various CFDs. However, these advantages are counterbalanced by the risks associated with its regulatory status and lack of transparency.
In summary, while Trade Vision offers a range of trading services and competitive leverage options, its suspicious regulatory status and lack of transparency are significant red flags. Potential clients are advised to conduct thorough due diligence and consider safer, more reputable alternatives before engaging in trading activities with Trade Vision.
For more information on trading safely and choosing the right broker, learn more.
Explore broker companies: forex/fx trading, investment, and global limited. Check company details.