Heritageoptiontrade foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://heritageoptiontrade.com/account/auth/index.php, about the company's legal and temporary regulatory information, the company's address .
Scottish Investments Limited is a private limited company that was incorporated on November 20, 2020. The company is headquartered at Waverley Gate, 2-4 Waterloo Place, Edinburgh, United Kingdom, EH1 3EG. As a private entity, it operates independently in the financial services sector, focusing primarily on retail forex trading and investment services.
Scottish Investments Limited aims to provide a comprehensive trading platform that caters to both novice and experienced investors. The company emphasizes its commitment to integrity, professionalism, and transparency, striving to offer a user-friendly experience for accessing global financial markets. The broker's services are tailored to a diverse clientele, including individual traders and institutional investors, allowing them to trade various financial and digital assets.
Since its establishment, Scottish Investments Limited has positioned itself as a competitive player in the forex market, offering a range of trading products and services. The company's business model includes retail forex trading, providing clients with the necessary tools and information to trade effectively. The focus on innovation and quality has been a key milestone in its development, aiming to enhance the trading experience for its users.
As a Scottish Investments Limited broker, the company operates under the principles of providing robust trading solutions while maintaining a commitment to customer satisfaction and market integrity.
Scottish Investments Limited operates without a valid license from any recognized financial authority, which raises significant concerns regarding its regulatory compliance. The absence of oversight means that the broker is not subject to the stringent regulations that govern financial markets, putting investors at risk.
Currently, there are no specific regulatory numbers associated with Scottish Investments Limited, and it does not participate in any investor compensation schemes. This lack of regulatory framework means that clients have limited recourse in the event of disputes or issues related to their investments.
The companys client funds are not guaranteed to be segregated from its operational funds, which poses an additional risk for investors. Furthermore, the broker's adherence to Know Your Customer (KYC) and Anti-Money Laundering (AML) measures is unclear, which is a crucial aspect of maintaining investor trust and ensuring compliance with financial regulations.
As a Scottish Investments Limited broker, it is essential for potential clients to be aware of these regulatory shortcomings and consider the risks associated with trading through an unregulated entity.
Scottish Investments Limited offers a variety of trading products, primarily focusing on forex and Contracts for Difference (CFDs). The broker provides access to a range of currency pairs, allowing traders to engage in the forex market effectively. While specific numbers of available forex pairs are not disclosed, the broker highlights its commitment to offering competitive trading conditions.
In addition to forex trading, Scottish Investments Limited provides a selection of CFD products, including:
The availability of these products allows traders to diversify their portfolios and explore various market opportunities. However, details regarding the frequency of product updates or the introduction of new trading instruments are not readily available.
The broker caters to both retail and institutional clients, providing tailored services to meet the needs of different market participants. While specific offerings for institutional clients are not detailed, the broker's commitment to innovation suggests a focus on providing comprehensive trading solutions.
As a Scottish Investments Limited broker, clients can expect a range of trading products designed to enhance their trading experience and facilitate access to global financial markets.
Scottish Investments Limited supports popular trading platforms, including MetaTrader 4 (MT4), which is widely recognized for its user-friendly interface and robust trading features. The broker also offers a proprietary trading platform, although specific details regarding its functionalities are not extensively outlined.
The company provides a web-based trading platform that allows clients to trade directly from their browsers, ensuring accessibility and convenience. Additionally, mobile applications for both iOS and Android devices are available, enabling traders to manage their accounts and execute trades on the go.
In terms of execution models, Scottish Investments Limited employs an ECN (Electronic Communication Network) model, which is designed to facilitate direct market access and improve trade execution speeds. The broker's technical infrastructure includes servers located in strategic locations to enhance connectivity and reduce latency.
Moreover, the broker supports API access for automated trading, allowing clients to integrate their trading strategies seamlessly. This feature is particularly beneficial for algorithmic traders looking to optimize their trading performance.
As a Scottish Investments Limited broker, the firm emphasizes the importance of providing advanced trading technologies to enhance the overall trading experience for its clients.
Scottish Investments Limited offers a variety of account types to cater to different trading preferences and experience levels. The standard account conditions include:
For more experienced traders, the broker provides advanced account types, including VIP and professional accounts, which may offer tighter spreads and additional benefits. Details regarding specific conditions for these advanced accounts are not provided.
The broker also offers Islamic accounts to accommodate traders who require compliance with Sharia law. The availability of demo accounts allows potential clients to practice trading strategies without financial risk.
Leverage options are available, allowing traders to amplify their positions. The leverage ratio can go up to 1:500, providing significant trading power. However, it is crucial for traders to understand the risks associated with high leverage.
The minimum trade size is set at 0.01 lots, enabling traders to start with smaller positions. Information regarding overnight fees and other trading conditions is not explicitly detailed.
As a Scottish Investments Limited broker, the firm aims to provide flexible account options that cater to the diverse needs of its clients.
Scottish Investments Limited supports various deposit methods, including bank transfers, credit cards, and electronic wallets. The minimum deposit requirements vary by account type, with the standard account requiring a minimum of €250.
Deposit processing times are generally swift, although specific timelines are not disclosed. The broker does not specify any deposit fees, making it potentially cost-effective for clients looking to fund their accounts.
Withdrawal options include similar methods as deposits, but details regarding withdrawal limits and processing times are not provided. Clients are advised to review the broker's policies regarding withdrawal fees, as this information is not readily available.
As a Scottish Investments Limited broker, it is essential for clients to understand the funding and withdrawal processes and any associated fees before engaging in trading activities.
Scottish Investments Limited offers multiple support channels, including telephone, email, and online chat. The broker's customer service is available during standard business hours, although specific time zones and coverage are not detailed.
The company provides multilingual support, catering to a diverse clientele. However, the exact languages supported are not specified.
Educational resources offered by the broker include webinars, tutorials, and e-books, aimed at enhancing the trading knowledge of its clients. Additionally, market analysis services are available, providing daily insights, news, and research reports to help traders make informed decisions.
Trading tools such as calculators and economic calendars are also available, assisting clients in managing their trades effectively.
As a Scottish Investments Limited broker, the firm emphasizes the importance of customer support and educational resources to empower its clients in their trading endeavors.
Scottish Investments Limited primarily serves clients in Europe, with a focus on the United Kingdom. The broker's regional offices are located in Edinburgh, allowing for localized support and services.
However, the broker does not accept clients from certain countries, although specific regions or countries are not detailed. It is essential for potential clients to verify their eligibility before opening an account.
The company may have special restrictions based on local regulations, which are not explicitly outlined in the available information.
As a Scottish Investments Limited broker, it is crucial for clients to be aware of the geographical limitations and ensure compliance with applicable laws and regulations when engaging with the broker.
Exposure 19-year-old trader’s Experience with a Fraudulent Broker
The rise of online trading has opened doors for many, but it has also led to an increase in fraudulent schemes that prey on unsuspecting individuals. One such case involves Ayaz, a 19-year-old from Pakistan, who has reached out for help after falling victim to a scam broker named Heritageoptiontrade. WikiFX has decided to bring this case to light in hopes of protecting other traders from similar experiences.
Ayazkhan2
Pakistan
i request wiithdrawal of 300$ it shows your withdrawal is success but still pending and 2 days is completed i don't get any payment receive kindly don't invest with this project kindly help me to get my 300$ .. This is scam for now if i get withdraw i will update too.. please help me to get my 300$
Exposure
2024-10-12