TradeFred Forex Broker

Note: TradeFred's official website: https://www.tradefred.com.au/ is currently inaccessible normally.TradeFred Review SummaryFounded/Registered Country/RegionAustraliaRegulationASIC (Unsubscribed), CySEC (Suspicious clone)Market Instruments/Demo Account❌Leverage1:50SpreadFrom 2.0 pipsTrading PlatformsMetaTrader 4 (MT4) and a web-based platformMinimum Deposit$100Customer SupportPhone: +61-280734453, +44-1613942198Email: support@tradefred.com.au, info@brightfxcapital.com TradeFred is an unregulated financial firm based in Australia, offering trading on MetaTrader 4 (MT4) and web-based platforms.Pros and ConsProsConsMT4 platformNon-functional websiteDiverse account typesLack of transparencyNo regulationNo demo accountsIs TradeFred Legit?Regulatory StatusUnsubscribedRegulated byAustralia Securities & Investment Commission (ASIC)Licensed InstitutionBRIGHTAU CAPITAL PTY. LTDLicensed TypeAppointed Representative((AR)Licensed Number001258580Regulatory StatusSuspicious CloneRegulated byThe Cyprus Securities and Exchange Commission (CySEC)Licensed InstitutionI.F. Greenfields Wealth LtdLicensed TypeStraight Through Processing (STP)Licensed Number342/17Account Type/Leverage/Spread TradeFred provides Basic, Standard, and VIP accounts. Moreover, it provides an Islamic swap-free account.Account TypeMin DepositMax LeverageSpreadBasic$1001:50Fixed from 3.0 pipsStandard$5001:50Fixed from 2.0 pipsVIP$5 0001:50Fixed from 2.0 pipsTrading Platform Tradefred provides MetaTrader 4 (MT4) and a web-based platform.Deposit and Withdrawal TradeFred supports deposits and withdrawals through Bank Transfer, Credit/Debit Card, Broker to Broker transfer, WebMoney and Qiwi.