TradefxWorld Company

　　

TradefxWorld Company: A Detailed Overview

　　

1. Company Overview

　　

Founding Date and Background

　　TradefxWorld is a forex and CFD trading company that has been operational for approximately 2 to 5 years. The company presents itself as a subsidiary of Tradeworld Commodities Limited, which is registered in the United Kingdom.

　　

Parent Company/Ownership Structure

　　The parent company, Tradeworld Commodities Limited, is registered under the company number 06393946. While TradefxWorld claims to operate under this umbrella, it is essential to note that there are significant concerns regarding its regulatory status.

　　

Headquarters Location

　　TradefxWorld is reportedly headquartered in Poland. However, the lack of clear regulatory oversight raises questions about its legitimacy and operational practices.

　　

Global Business Scope

　　TradefxWorld claims to offer a wide range of trading services, including forex, CFDs, and cryptocurrency trading. The company markets itself as a global entity, aiming to attract clients from various countries.

　　

Main Regulatory Bodies

　　TradefxWorld does not fall under any valid regulatory authority, as indicated by its regulatory index score of 0.00 on platforms like WikiFX. This absence of regulation is a significant red flag for potential investors.

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2. Company History and Development

　　

Key Milestones

　　While specific milestones for TradefxWorld are not extensively documented, the company's establishment and its claims of being a subsidiary of a UK-registered company are notable points in its history.

　　

Business Expansion Journey

　　TradefxWorld appears to have focused on growing its client base through aggressive marketing strategies, including offering various investment plans with high returns. However, the lack of regulatory backing has hindered its credibility in the market.

　　

Customer Base Growth

　　The company claims to have a growing customer base, although specific statistics or figures are not readily available. Client testimonials on its website suggest satisfaction among some users, but these claims need to be approached with caution given the overall risk profile of the company.

　　

Platform Development History

　　TradefxWorld utilizes the MetaTrader 4 platform, which is widely recognized in the trading community for its reliability and range of features. However, the companys lack of a proprietary trading platform or unique technological advancements may limit its competitiveness in the market.

　　

Important Awards or Recognitions Received

　　Despite claims of recognition, such as being awarded "Best Broker of Asia 2013," there is insufficient evidence to substantiate these claims, especially considering the companys dubious regulatory status.

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3. Trading Services Offered

　　

Forex Trading Options

　　TradefxWorld offers forex trading options with a selection of over 40 currency pairs. However, the lack of regulatory oversight raises concerns about the safety and reliability of trading with this broker.

　　

Stock Trading Options

　　The company does not prominently feature stock trading in its offerings, focusing more on forex and CFD products. Specific details regarding available stocks are not provided.

　　

CFD Trading Products

　　TradefxWorld claims to offer a range of CFDs, including commodities and indices. The exact number of products available is not disclosed, which could be a limitation for potential investors seeking comprehensive trading options.

　　

Other Financial Instruments

　　In addition to forex and CFDs, TradefxWorld advertises cryptocurrency trading, including major assets like Bitcoin and Ethereum. However, the overall security and reliability of trading these instruments through an unregulated platform remain questionable.

　　

Special Services or Unique Advantages

　　TradefxWorld promotes several investment plans with varying minimum deposit requirements, starting at $300. It also claims to provide a 5% affiliate commission for referrals, which may attract certain traders but also raises concerns about potential pyramid-like structures.

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4. Regulatory and Legal Background

　　

Detailed Regulatory Information

　　TradefxWorld operates without any valid regulatory oversight, receiving a score of 0.00 from platforms like WikiFX. This lack of regulation is a critical risk factor for potential clients.

　　

Legal Entity Structure by Region

　　The company is registered in Poland and claims affiliation with a UK-based parent company. However, the absence of clear regulatory information raises significant legal concerns.

　　

Client Fund Protection Measures

　　There is no documented evidence of client fund protection measures, which is a critical aspect of any legitimate trading platform. The absence of regulatory oversight further exacerbates this issue.

　　

Countries/Regions Served

　　While TradefxWorld markets itself as a global entity, the lack of regulatory clarity suggests that it may not legally serve clients in many jurisdictions.

　　

Compliance History

　　TradefxWorld has not established a strong compliance history, primarily due to its unregulated status. This lack of oversight may expose clients to significant risks.

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5. Competitive Landscape

　　

3-5 Main Competitors

　　TradefxWorld faces competition from several established brokers in the forex and CFD trading space, including:

• IG Group: A well-regulated broker known for a wide range of trading options.
• OANDA: Offers robust trading platforms and a strong regulatory framework.
• eToro: Known for its social trading features and user-friendly interface.

　　

Positioning in the Industry

　　TradefxWorld positions itself as a competitive player in the forex trading market, but its lack of regulation significantly undermines its credibility compared to its competitors.

　　

Market Differentiation Factors

　　The primary differentiation factors for TradefxWorld include its claimed investment plans and the use of the popular MetaTrader 4 platform. However, these factors are overshadowed by the risks associated with trading through an unregulated broker.

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　　In conclusion, while TradefxWorld presents itself as a promising option for forex and CFD trading, the significant red flags regarding its regulatory status and client fund protection measures warrant caution. Potential investors should thoroughly research and consider alternative, well-regulated brokers to ensure the safety of their investments. For more information on safe trading practices and broker comparisons, learn more.