TradeTime foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.tradetime.com/, about the company's legal and temporary regulatory information, the company's address .
TradeTime, established in 2010, is a forex broker and investment house that specializes in global financial markets. The company is owned and operated by Silver Group Ltd, with its registered office located at S.I.P. Building, P.O. Box 3010, Rue Pasteur, Port Vila, Vanuatu. As a private entity, TradeTime focuses on providing tailored trading solutions to both retail and institutional clients, facilitating access to a variety of financial instruments.
The broker primarily caters to a diverse clientele that includes both novice and expert traders seeking personalized support and educational resources. Over the years, TradeTime has aimed to develop a robust trading environment characterized by competitive trading conditions and advanced technology.
TradeTime operates under a business model that emphasizes retail forex trading, offering clients the ability to trade a wide array of assets, including currencies, commodities, stocks, and indices. The broker has grown its presence in the market through continuous innovation and customer-centric services, making it a notable player in the online trading landscape.
TradeTime claims to be regulated by the Vanuatu Financial Services Commission (VFSC), with the registration number 17903. However, the VFSC is considered a weaker regulatory authority, which raises concerns regarding the level of investor protection provided. The broker's regulatory license is limited in scope, primarily covering its operations within Vanuatu.
In addition to its claims of regulation, TradeTime operates as an offshore entity registered in Saint Vincent and the Grenadines. This jurisdiction is known for its lax regulatory framework, allowing firms to operate with minimal oversight. Consequently, TradeTime does not participate in any investor compensation schemes, which could leave clients vulnerable in the event of financial disputes.
The broker adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, requiring clients to verify their identities during the account registration process. However, the absence of robust regulatory oversight and the lack of transparency regarding its operations make it essential for potential clients to exercise caution.
TradeTime offers a diverse range of trading products, including over 80 currency pairs, commodities, indices, stocks, and cryptocurrencies. The broker provides access to both major and minor forex pairs, allowing traders to capitalize on fluctuations in the global currency market. Additionally, clients can engage in Contract for Difference (CFD) trading on various asset classes, including indices and commodities such as gold, silver, and oil.
The broker's offering includes trading in cryptocurrencies, providing clients with the opportunity to trade popular digital assets like Bitcoin, Ethereum, and Litecoin. However, specific details regarding the availability of these products can be unclear, as the broker does not consistently update its asset listings.
TradeTime also emphasizes its retail trading services, catering to individual traders looking for accessible market entry points. While it may not offer institutional services or white-label solutions, the broker's focus remains on empowering retail clients through competitive trading conditions and advanced technology.
TradeTime supports the widely recognized MetaTrader 4 (MT4) platform, which is popular among forex traders for its user-friendly interface and comprehensive trading tools. The platform offers advanced charting capabilities, a variety of technical indicators, and supports automated trading through Expert Advisors (EAs). Additionally, TradeTime has developed its proprietary trading platform, which aims to provide fast execution and customizable features. However, this platform lacks support for automated trading, which may limit options for traders who rely on algorithmic strategies.
The broker also provides a web-based trading platform, allowing clients to access their accounts from any device with an internet connection. Mobile trading applications are available for both iOS and Android devices, ensuring that traders can manage their accounts on the go.
TradeTime operates on an ECN (Electronic Communication Network) model, which facilitates direct access to interbank liquidity providers, enhancing the execution speed and efficiency of trades. The broker's infrastructure is designed to support high-frequency trading and provide clients with competitive spreads.
TradeTime offers several account types tailored to meet the diverse needs of its clients. The available accounts include:
The minimum deposit required to open an account with TradeTime is $250, which is relatively accessible for many retail traders. The broker provides leverage of up to 1:1000, allowing traders to amplify their potential profits, although this also increases the risk of significant losses.
TradeTime supports various trading conditions, including scalping and hedging, which are advantageous for active traders. The broker also offers a demo account for clients to practice trading without financial risk.
TradeTime supports multiple deposit methods, including bank transfers, credit cards, and e-wallets. The minimum deposit requirement for most accounts is set at $250. Deposits are typically processed quickly, allowing clients to start trading promptly.
The broker covers deposit fees, which is a significant advantage for traders looking to maximize their capital. However, specific details regarding withdrawal methods and associated fees are less transparent. Clients have reported difficulties in withdrawing funds, and some have experienced delays or outright denials when attempting to access their profits.
Withdrawal requests are generally processed within a few business days, but clients should be aware of the potential for complications. It is crucial for traders to read and understand the terms associated with withdrawals to avoid unexpected issues.
TradeTime offers customer support through various channels, including email, phone, and live chat. The support team is available 24/7, providing assistance in multiple languages, including English, Arabic, French, Italian, Polish, and Russian. This multilingual support is beneficial for the broker's diverse client base.
In addition to customer support, TradeTime provides educational resources aimed at helping traders improve their skills and knowledge. These resources may include webinars, tutorials, and market analysis reports. However, the depth and quality of these educational materials can vary, and traders are encouraged to seek additional information from reputable external sources.
The broker also offers various trading tools, such as calculators for margin and pip values, which can assist clients in making informed trading decisions.
TradeTime primarily serves a global market, with a focus on regions including Europe, Asia, and Australia. The broker has established offices in various countries, including Australia, Spain, Sweden, and the UK, to cater to its clients' needs.
However, TradeTime does not accept clients from certain jurisdictions, including the United States, Canada, Japan, and several other countries. This restriction is likely due to regulatory considerations and the broker's unlicensed status in many regions.
Potential clients should be aware of the legal implications of trading with an unregulated broker and conduct thorough research before opening an account. It is essential to understand the risks associated with using offshore brokers like TradeTime.
In conclusion, while TradeTime presents a range of trading opportunities and services, potential clients should carefully evaluate the risks associated with trading through an unregulated broker. The lack of robust regulatory oversight and reported issues with fund withdrawals serve as significant red flags for traders considering this platform.
FX2711470245
Pakistan
Hello people, I have deposited 500 USD and I'm trying to get my money back from the broker TradeTime.com. Passed more than 2 weeks since I have asked the withdrawal but they refuse to send me my money. I have sent them many emails asking about the withdrawal request but never got an answer from their side. They totally ignore my emails. They want only make people deposit and than lose their funds, this company is totally scam, all existing clients of tradetime should not deposit.
Exposure
2021-10-08
Mayaz Ahmad
Bangladesh
A client has claimed he has been harassed by this broker multiple times to invest more and more when he stopped investing after making loss twice. He has also claimed that 3 out of 4 investors lose their money when they invest in TradeTime. This broker is banned from USA.
Exposure
2021-07-05
FX1369369060
Singapore
The company TradeTime absolutely rigged my account behind my back. Slippage happened from time to time, and it was always negative and large slippage, which caused me to lose a lot of money.
37130
2023-03-10