1. Overview of the Broker
Trabicry, officially known as Trabi Cry, was established approximately 2 to 5 years ago. The company is headquartered in the United States, where it operates as a privately held entity. Trabicry primarily serves retail forex traders and aims to cater to a diverse clientele that seeks access to various trading markets.
The development of Trabicry has been marked by its entry into the competitive forex brokerage landscape, where it has positioned itself to attract traders looking for flexible trading options. Despite its relatively short history, Trabicry has made strides in establishing its presence in the online trading community.
The business model of Trabicry focuses on retail forex trading, providing clients with the tools and resources necessary to engage in currency trading. The broker emphasizes a user-friendly platform and aims to facilitate a seamless trading experience.
Trabicry operates without any formal regulation, which raises significant concerns for potential clients. There is no valid regulatory information available, and the broker is categorized under high potential risk due to its unregulated status.
- Regulatory Status: No regulation.
- Regulatory Numbers: Not applicable due to lack of regulation.
- Scope of Licenses: Trabicry does not hold any licenses.
- Legal Entities: The broker operates under a single entity in the United States.
- Client Fund Segregation: Details regarding the segregation of client funds are not provided, which is a crucial factor for investor safety.
- Investor Compensation Fund: Trabicry does not participate in any investor compensation schemes.
- KYC and AML Compliance: There is no information available regarding the implementation of KYC (Know Your Customer) and AML (Anti-Money Laundering) policies, which are essential for ensuring compliance and safeguarding against fraud.
Given these factors, potential clients are advised to exercise caution when considering Trabicry as their trading partner.
3. Trading Products and Services
Trabicry offers a variety of trading products to its clients, focusing primarily on forex trading. The broker provides access to a selection of currency pairs, allowing traders to engage in both major and minor pairs.
- Number of Forex Pairs: The exact number of currency pairs available is unspecified, but the broker is expected to cover a range of major and minor currencies.
- CFD Product Categories: Trabicry also offers Contracts for Difference (CFDs) on various instruments, including indices and commodities, although specific details are not disclosed.
- Unique Products: There are no unique or proprietary trading products mentioned in the available information.
- Product Update Frequency: Information on how frequently products are updated or new products added is not available.
- Retail Trading Services: Trabicry provides standard retail trading services, but details on account types and conditions are limited.
- Institutional Client Services: There is no information regarding services specifically tailored for institutional clients.
- White Label Solutions: The availability of white label solutions has not been mentioned.
- Asset Management Services: There are no details provided on asset management services.
Overall, while Trabicry offers some trading options, the lack of comprehensive information may limit potential clients' ability to make informed decisions.
Trabicry supports trading through popular platforms, providing clients with the tools to engage in forex trading efficiently.
- MetaTrader 4/5 Support: The broker's support for MetaTrader 4 or 5 is not explicitly mentioned, leaving potential users uncertain about platform compatibility.
- Proprietary Platform Details: There is no information regarding a proprietary trading platform developed by Trabicry.
- Web-Based Trading Platform: The availability of a web-based trading platform is not specified.
- Mobile Applications: There is no mention of mobile applications for iOS or Android, which are essential for traders who prefer to manage their accounts on the go.
- Execution Model: The execution model (ECN, STP, Market Making) used by Trabicry is not disclosed, which is critical for understanding the broker's trading conditions.
- Server Locations and Infrastructure: Specific details about server locations and the technological infrastructure supporting the trading platform are not provided.
- API Access and Automated Trading Support: There is no information available regarding API access for automated trading solutions.
The lack of detailed information about the trading platform and technology may hinder traders' ability to evaluate the broker's capabilities effectively.
5. Account Types and Trading Conditions
Trabicry offers a range of account types, but specific details about each type are limited.
- Standard Account Conditions: Minimum deposit requirements, spreads, and commissions for standard accounts are not disclosed.
- Advanced Account Types: Information regarding VIP or professional account types is not available.
- Special Accounts: There is no mention of special accounts, such as Islamic or corporate accounts.
- Demo Account Policy: The availability of demo accounts for practice trading is not specified.
- Leverage Ratios: The range of leverage ratios offered for different products is not detailed.
- Minimum Trade Size: Information on the minimum trade size is not provided.
- Overnight Fees Policy: There are no details regarding overnight fees or swap rates applicable to positions held overnight.
The lack of comprehensive account-related information may deter potential clients from considering Trabicry as a viable trading option.
6. Fund Management
Trabicry provides limited information on its fund management policies and procedures.
- Supported Deposit Methods: The broker does not specify supported deposit methods, such as bank transfers, credit cards, or e-wallets.
- Minimum Deposit Requirements: Details on minimum deposit requirements for various account types are not provided.
- Deposit Processing Times: There is no information available regarding how long deposits take to process.
- Deposit Fees: Any fees associated with deposits are not disclosed.
- Withdrawal Methods and Restrictions: Information on withdrawal methods and any restrictions is not available.
- Withdrawal Processing Times: The time frame for processing withdrawals is not specified.
- Withdrawal Fee Structure: There are no details regarding withdrawal fees.
The lack of transparency in fund management practices may raise concerns for potential clients regarding the safety and accessibility of their funds.
7. Customer Support and Educational Resources
Trabicry's customer support and educational resources are crucial for assisting traders in their trading journey.
- Support Channels: The specific support channels available, such as phone, email, live chat, or social media, are not detailed.
- Service Hours and Time Zone Coverage: There is no information on the hours of operation for customer support.
- Multilingual Support: The languages supported by Trabicry for customer service are not specified.
- Types of Educational Resources: Information on educational resources, such as webinars, tutorials, or eBooks, is not available.
- Market Analysis Services: There is no mention of market analysis services provided, such as daily analysis or research reports.
- Trading Tools: The availability of trading tools, including calculators or signal services, has not been detailed.
The absence of clear information regarding customer support and educational resources may limit traders' ability to receive adequate assistance and guidance.
8. Regional Coverage and Restrictions
Trabicry operates with a focus on specific markets, but information on its regional coverage is limited.
- Primary Service Markets: The main markets served by Trabicry are not specified.
- Regional Office Distribution: There is no information regarding the distribution of regional offices.
- Countries/Regions Not Accepted: Details on countries or regions from which clients are not accepted are not available.
- Special Restrictions: There are no mentions of any special restrictions that apply to certain regions.
The lack of clarity on regional coverage and restrictions may pose challenges for potential clients trying to assess their eligibility to trade with Trabicry.
In conclusion, while Trabicry presents itself as a forex broker with various offerings, the lack of regulatory oversight, comprehensive information on trading conditions, and customer support may raise concerns for potential clients. It is advisable for traders to conduct thorough research and consider these factors before engaging with Trabicry.
FX4103587262
South Africa
After the trade was done I paid ZAR 18500 withdrawal fees and I was supposed to get ZAR 126 300 as profit but they didn't released the profit and they blocked me
Exposure
2021-06-22