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TradersKing foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://traderking.io/sign-up/, about the company's legal and temporary regulatory information, the company's address .

TradersKing Forex Broker

Basic Information

Registered Region

Saint Vincent and the Grenadines

Operating Period

Company Name

Lotens Partners LTD.

Abbreviation

TradersKing

Company employee

Customer Service Email Address

compliance.en@traderking.io

Company Website

https://traderking.io/

Keywords

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Company profile

TradersKing Basic Information Company Name TradersKing Registered Country Saint Vincent and the Grenadines Regulations Not regulated Tradable Assets Binary options (such as pairs, long term, hyper, one touch, and ladder options) and forex CFD trading Minimum Deposit $500 Trading Platforms SpotOption Trading Tools Spot Follow Customer Support Email (support.en@tradersking.io) Overview of TradersKing TradersKing, registered in Saint Vincent and the Grenadines, is an automated trading-focused binary options broker. It provides traders with a wide range of financial instruments, including various binary options like pairs, long term, hyper, one touch, and ladder options, alongside forex CFD trading. However, it's crucial to note that TradersKing operates without regulatory oversight, emphasizing the need for caution due to potential risks linked with unregulated trading environments. Is TradersKing Legit？ TradersKing is not regulated. It's crucial to highlight that TradersKing operates without any regulatory oversight, which implies a lack of supervision from established financial regulatory bodies. Traders should proceed with caution and acknowledge the inherent risks when opting for an unregulated broker like TradersKing. These risks may include limited avenues for dispute resolution, potential safety and security concerns regarding funds, and a potential lack of transparency in the broker's operations. It's recommended that traders conduct comprehensive research and carefully evaluate a broker's regulatory status before initiating any trading activities to safeguard their interests and ensure a more secure trading experience. Pros and Cons TradersKing offers traders the spot follow feature, allowing them to follow and replicate successful trading strategies of other traders. However, it operates without regulatory oversight, which poses potential risks to traders due to the absence of supervision from recognized financial regulatory authorities. Moreover, the platform lacks clarity regarding crucial information such as leverage, spread, and commission, making it challenging for traders to make informed decisions. Additionally, being unable to access the website could prevent traders from accessing the platform and obtaining crucial information. Despite offering trading opportunities, traders should exercise caution when dealing with TradersKing, considering the lack of regulatory supervision and limited support resources provided by the platform. Pros Cons Provides Spot Follow feature Operates without regulatory oversight, potentially exposing traders to risks Unclear information on leverage, spread, commission Unable to access the website Trading Instruments TradersKing offers a diverse suite of market instruments including Binary Options (such as Pairs, Long Term, Hyper, One Touch, and Ladder Options) and Forex CFD trading. Account Types Their smallest account type, as listed on their website, requires a minimum deposit of $500, which is comparatively higher than that of many other brokers. Trading Platforms TradersKing, like many other binary option brokers, utilizes the renowned trading platform developed by SpotOption. TradersKing's website is accessible in multiple languages, including English, Russian, Dutch, French, and Arabic, catering to a diverse global clientele. Trading Tools TradersKing offers the Spot Follow feature, which is a social trading system enabling traders to follow the trade ideas of other investors. Customer Support For general support inquiries, traders can contact the support team atsupport.en@tradersking.io. Additionally, for compliance-related matters or regulatory inquiries, traders can reach the compliance team at compliance.en@tradersking.io. Conclusion TradersKing offers the spot follow feature for traders to replicate successful trading strategies. However, operating without regulatory oversight poses risks, and the platform lacks transparency on key information like leverage and spread. Additionally, website accessibility issues may hinder traders from accessing vital resources. Despite trading opportunities, caution is advised due to the lack of regulatory supervision and limited support resources. FAQs Q: Is TradersKing regulated？ A: No, TradersKing operates without regulation, which means it lacks oversight from recognized financial regulatory authorities. Q: What trading instruments are available on TradersKing？ A: TradersKing offers a variety of trading instruments, including binary options such as pairs, long term, hyper, one touch, and ladder options, as well as forex CFD trading. Q: How can I contact TradersKing's customer support？ A: For general support inquiries, traders can contact the support team at support.en@tradersking.io. Additionally, for compliance-related matters or regulatory inquiries, traders can reach the compliance team at compliance.en@tradersking.io. Risk Warning Trading online carries inherent risks, including the potential loss of invested capital. It's important to recognize that not all traders or investors are suited to this type of activity. Be aware that the information provided in this review is subject to change, as companies regularly update their services and policies. Additionally, the date of this review should be taken into consideration, as information may have evolved since then. It's advisable to verify any updated information directly with the company before making any decisions or taking action. Ultimately, the responsibility for using the information provided in this review lies with the reader.

TradersKing broker review

Is TradersKing safe or scam

Rating Index

TradersKing Forex Broker - Complete Information Guide

1. Broker Overview

　　TradersKing Ltd, established in 2010, is a binary options broker that has catered to a wide range of traders. The company is headquartered in the Netherlands, with additional offices located in the United Kingdom. As a private entity, TradersKing operates primarily in the retail forex market, targeting individual traders and investors seeking binary options trading services.

　　Throughout its operational history, TradersKing has aimed to provide a user-friendly trading environment, leveraging advanced technology and a wide array of trading tools. However, the company has faced significant challenges, including regulatory scrutiny and numerous complaints from clients regarding withdrawal issues and alleged fraudulent activities.

　　TradersKing's business model focuses on retail forex trading, allowing clients to engage in binary options trading across various asset classes. The broker's platform has been designed to accommodate novice traders while also offering advanced features for experienced investors. However, the company's reputation has been marred by numerous complaints and warnings from regulatory bodies, leading to a decline in its operational status.

　　As a result, the TradersKing broker has been associated with significant operational risks, and the company appears to be out of business as of recent reports.

2. Regulatory and Compliance Information

　　TradersKing is not regulated by any major financial authority, which raises significant concerns for potential clients. According to various sources, including the Financial Conduct Authority (FCA) in the UK and the Australian Securities and Investments Commission (ASIC), TradersKing has been flagged as an unauthorized broker. The FCA has explicitly warned that TradersKing is not authorized to provide financial services in the UK.

　　Regulatory Bodies:
　　FCA (UK)
　　ASIC (Australia)
　　License Numbers: No valid license numbers are available for TradersKing, as the broker is not registered with any regulatory authority.
　　Regulatory License Validity: TradersKing has no valid licenses, which means it operates outside the bounds of regulated financial markets.
　　Legal Entities: The company operates under the name TradersKing Ltd, registered in the Netherlands, with a physical address that has been linked to unregulated activities.
　　Client Fund Segregation Policy: There is no information available on whether TradersKing has implemented client fund segregation policies, which is a standard practice among regulated brokers.
　　Investor Compensation Fund Participation: TradersKing does not participate in any investor compensation schemes, leaving clients vulnerable in the event of financial mismanagement.
　　KYC and AML Compliance: The lack of regulatory oversight raises questions about TradersKing's compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. Detailed information on these compliance measures is not provided.

　　The absence of regulation and the numerous warnings from financial authorities suggest that engaging with the TradersKing broker poses considerable risks.

3. Trading Products and Services

　　TradersKing offers a variety of trading products, primarily focusing on binary options and forex trading. The broker provides access to several asset classes, including:

　　Forex Currency Pairs: TradersKing lists a selection of currency pairs, although the exact number is unclear from available sources. Major pairs typically include EUR/USD, GBP/USD, and USD/JPY.
　　CFD Product Categories: The broker claims to offer CFDs on various indices, commodities, stocks, and cryptocurrencies, although specific details about these products are limited.
　　Unique Trading Products: TradersKing has been known to provide unique binary options types, such as ladder options, which allow traders to speculate on price movements over different time frames.
　　Product Update Frequency: There is no clear information regarding how frequently new products or services are introduced.
　　Retail Trading Services: The broker primarily serves retail clients, facilitating individual trading through its platform.
　　Institutional Client Services: There is no indication that TradersKing provides services specifically tailored for institutional clients.
　　White Label Solutions: Information regarding white label solutions or partnerships has not been disclosed.
　　Asset Management Services: There are no details available about asset management services offered by TradersKing.

　　The limited information surrounding the offerings of the TradersKing broker raises concerns about the broker's transparency and reliability.

4. Trading Platforms and Technology

　　TradersKing offers a trading platform that is primarily web-based, allowing users to access trading services without the need for extensive downloads. Key aspects of the platform include:

　　MetaTrader 4/5 Support: There is no indication that TradersKing supports MetaTrader 4 or 5, which are popular platforms among traders.
　　Proprietary Platform Details: The brokers platform is reportedly user-friendly and equipped with various trading tools; however, specific details about its functionalities are not well-documented.
　　Web-based Trading Platform: The platform is accessible via web browsers, enabling traders to execute trades from any location.
　　Mobile Application Support: TradersKing has indicated support for mobile trading applications, although specific details regarding iOS and Android compatibility are not provided.
　　Execution Model: Details on the execution model (ECN, STP, Market Making) used by TradersKing are not clearly stated, raising questions about the quality of trade execution.
　　Server Locations and Technical Infrastructure: Information about server locations and the underlying technical infrastructure is not disclosed.
　　API Access and Automated Trading Support: There is no mention of API access or support for automated trading systems, which are features commonly sought by advanced traders.

　　The lack of comprehensive information about the trading platform and technology used by the TradersKing broker may deter potential clients looking for reliable trading conditions.

5. Account Types and Trading Conditions

　　TradersKing offers several account types, although detailed information is scarce. The following account conditions are generally noted:

　　Standard Account Conditions: The minimum deposit requirement is reported to be around $250, with unspecified spreads and commissions.
　　Advanced Account Types: There are mentions of higher-tier accounts, such as VIP or professional accounts, but specific details regarding their benefits are not provided.
　　Special Accounts: Information regarding Islamic accounts or corporate accounts is not available.
　　Demo Account Policy: There is no clear information about the availability of demo accounts for practice trading.
　　Leverage Ratios: The broker offers leverage, but the specific ratios for different products are not detailed.
　　Minimum Trade Sizes: The minimum trade size is generally unspecified, which is crucial for traders to know.
　　Overnight Fees Policy: TradersKing does not provide detailed information regarding overnight fees or swap rates.

　　The lack of clarity surrounding account types and trading conditions raises concerns about the broker's transparency and reliability for potential clients.

6. Fund Management

　　TradersKing supports various deposit and withdrawal methods, although detailed information is limited:

　　Supported Deposit Methods: The broker accepts deposits via bank transfers, credit cards, and possibly electronic wallets.
　　Minimum Deposit Requirements: The minimum deposit varies by account type, generally starting at $250.
　　Deposit Processing Times: Specific processing times for deposits are not disclosed.
　　Deposit Fees: Information regarding deposit fees is not provided, which is essential for understanding the cost of trading.
　　Withdrawal Methods and Restrictions: TradersKing allows withdrawals through similar methods as deposits, but specific restrictions or conditions are not outlined.
　　Withdrawal Processing Times: The processing time for withdrawals is unclear, which can be a significant concern for traders.
　　Withdrawal Fee Structure: There is no information available regarding withdrawal fees, which could impact overall trading costs.

　　The lack of comprehensive details about fund management practices at the TradersKing broker could lead to potential issues for clients regarding their financial transactions.

7. Customer Support and Educational Resources

　　TradersKing offers several customer support channels, although the quality and availability may vary:

　　Support Channels: Clients can reach out via phone, email, and online chat. However, the responsiveness of these channels is reported to be inconsistent.
　　Service Hours and Time Zone Coverage: Specific service hours and time zone coverage details are not provided.
　　Multilingual Support: The broker supports several languages, including English, Russian, French, and Arabic, catering to a diverse client base.
　　Educational Resource Types: TradersKing offers limited educational resources, with no clear information on webinars, tutorials, or eBooks available for clients.
　　Market Analysis Services: There is no indication of daily market analysis, news updates, or research reports being provided.
　　Trading Tools: The availability of trading tools such as calculators, calendars, and signal services is not clearly stated.

　　The limited educational resources and customer support options at the TradersKing broker may hinder the trading experience for less experienced investors.

8. Regional Coverage and Restrictions

　　TradersKing operates in various markets, but specific details on regional coverage are limited:

　　Primary Service Markets: The broker appears to target a global audience, but its operational status has significantly declined.
　　Regional Office Distribution: TradersKing has offices in the Netherlands and the UK, but the operational capacity of these offices is unclear.
　　Countries/Regions Not Accepted: There is no specific information on countries or regions where TradersKing does not accept clients.
　　Special Restrictions: The company has been blacklisted by several regulatory authorities, indicating that it may not be a safe option for traders in many jurisdictions.

　　Overall, the limited information regarding regional coverage and operational restrictions for the TradersKing broker suggests a lack of transparency that could affect potential clients' trust.

　　In conclusion, while TradersKing presented itself as a binary options broker with a variety of offerings, the significant regulatory concerns, numerous client complaints, and lack of transparency raise serious red flags for potential investors. Engaging with the TradersKing broker may expose clients to considerable risks, and caution is strongly advised.

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