TouchTrades foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.touchtrades.com/accounts/open-account/, about the company's legal and temporary regulatory information, the company's address .
TouchTrades Forex Broker
Basic Information
Registered Region 
United Kingdom
United KingdomOperating Period
--
Company Name
TouchTrades
Abbreviation
TouchTrades
Company employee
--
Customer Service Email Address
support@touchtrades.com
Contact Number
+442038089694
Company Website
Keywords
5-10 years Suspicious Regulatory License Suspicious Scope of Business High potential riskCompany profile
Basic Information & Regulation of Touch Trades Touch Trades is an unregulated Forex and CFD broker with no address on the official website. Touch Trades claims to be based in London, UK, but only comes with a phone number. Safety Analysis of Touch Trades Touch Trades is currently an unregulated broker, which means that the safety of users' funds and trading activities are not effectively protected. Therefore, investors had better stay away from this Touch Trades forex broker. Market Instruments Touch Trades offers investors access to over 30 currency pairs in the Forex market, as well as commodities, spot metals and indices CFDs. Leverage & Accounts of Touch Trades To meet different investors' investment needs and trading experience, Touch Trades offers three different types of accounts: Micro (minimum deposit of $200), Standard (minimum deposit of $2,500), and VIP (minimum deposit of $10,000). All three types of accounts have leverage of up to 1:400. Spreads & Commissions of Touch Trades Touch Trades Micro accounts have fixed spreads, with a spread of 2 pips on EURUSD. Touch Trades is committed to not charging additional commissions but only spreads. Trading Platform Available of Touch Trades Touch Trades offers traders two trading platform options, the MT4 trading platform, and a web-based trading platform. The MT4 trading platform is preferred by many investors, with an intuitive layout, powerful charting tools for easy access to historical data, automated trading via EA programs, plus the ability to add custom indicators. Pros & Cons of Touch Trades The main advantages of Touch Trades are: 1. A Wider Variety of Assets Tradable 2. Three Account Types to Choose From 3. Two Trading Platforms Options-MT4 & Web-Based Trading Platform 4. Zero Commission The main disadvantages of Touch Trades are: 1. Not Subject to Any Regulation 2. High Deposit Amounts for the VIP Account 3. Excessive Trading Leverage 4. The Website Available for Four Language Only
Is TouchTrades safe or scam
Rating Index
TouchTrades Similarly Rated Brokers
Suspicious Clone
No license plate
1.55
Score
1.55
Score
1.55
Score
1.55
Score
1.55
Score
1.55
Score
Suspicious Clone
No license plate
1.55
Score
1.55
Score
Revoked
1.55
Score
Revoked
1.55
Score
1.55
Score
1.55
Score
Suspicious Clone
1.55
Score
Suspicious Clone
1.55
Score
1.55
Score
Suspicious Clone
1.55
Score
1.55
Score
Suspicious Clone
1.55
Score
1.55
Score
1.55
Score
1.55
Score
1.55
Score
1.55
Score
Suspicious Clone
1.55
Score
1.55
Score
1.55
Score
1.54
Score
1.54
Score
1.54
Score
1.54
Score
1.54
Score
1.54
Score
1.54
Score
1.54
Score
1.54
Score
1.54
Score
1.54
Score
Suspicious Clone
1.54
Score
1.54
Score
Over-Operation
1.54
Score
Over-Operation
1.54
Score
Suspicious Clone
1.54
Score
Suspicious Clone
1.50
Score
Suspicious Clone
No license plate
1.47
Score
ftmo pipspro Complete Account Guide: Registration, Account Opening, and Login Pr
1.40
Score
Latest Reviews
TouchTrades Forex Broker has an overall rating of 1.55, Regulatory Index 0.00, License Index 0.00, Business Index 7.31, Software Index 4.00 Risk Control Index 0.00.
和锋
Philippines
First of all, the spreads were ridiculously wide, like what the heck? When I asked their customer support about it, they told me it was normal - yeah, right. And that's not even the worst part. My stop-loss orders didn't seem to do anything at all, and before I knew it, my account was drained dry. I lost all my money, and I'm pretty sure it's because of TouchTrades' shady practices. Do yourself a favor and stay far away from this broker.
37130
2023-03-27