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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 Forex Broker

Basic Information

Registered Region
United Kingdom
Operating Period
--
Company Name
Almandex Group LTD
Abbreviation
TradeTime
Company employee
--
Customer Service Email Address
support@tradetime.com
Contact Number
+442031501127
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

Note: Since this brokers official site (https://www.tradetime.com/) is not accessible at the time of writing this introduction, only a cursory understanding can be obtained from the Internet. Risk Warning Online trading is dangerous, and you could potentially lose all of your investment funds. Not all investors and traders are suitable for it. Please understand that the information on this website is designed to serve as general guidance, and that you should be aware of the risks. General Information TradeTime Review Summary Registered Country/Region United Kingdom Regulation No regulation Market Instruments Shares, currencies, commodities, and indices Leverage 1:400 EUR/USD Spread 3.3 pips Trading Platforms MT4 Minimum Deposit $500 Customer Support email, telephone, live chat What is TradeTime? TradeTime is an unregulated online financial services provider that excels in offering a comprehensive range of services, particularly in the forex market and various other tradeable assets. With a global presence, the company boasts multiple customer service offices strategically located across the world, ensuring prompt and efficient assistance to its clients. These offices are located in key countries such as Australia, Spain, Sweden, and the UK, enabling TradeTime to effectively cater to the diverse needs of traders from various regions. Pros & Cons Pros Cons • Flexible leverage ratios • Inaccessibility for U.S. Traders • MT4 supported • No valid regulatory information • High minimum deposit requirement • Unavailable website TradeTime Alternative Brokers There are many alternative brokers to TradeTime depending on the specific needs and preferences of the trader. Some popular options include: Charles Schwab - A reputable broker that offers a variety of investing alternatives, strong research tools, and an intuitive interface for users of all skill levels. Fidelity Investments - A trusted broker with a strong reputation, providing a wide range of investment options, retirement planning tools, and exceptional customer service. TD Ameritrade - Known for its comprehensive research offerings, educational resources, and a user-friendly trading platform, TD Ameritrade is a solid choice for investors seeking a combination of investment guidance and self-directed trading options. Is TradeTime Safe or Scam? TradeTime currently has no valid regulation. Regulatory oversight plays a crucial role in ensuring the safety and integrity of a financial services provider. The absence of regulation can raise concerns about the level of protection and oversight provided to traders. The information provided is limited and does not encompass all aspects of TradeTime's operations, such as the company's history, ownership, security measures, or feedback from existing traders. These factors are important considerations when assessing the overall safety and reliability of a trading platform. Market Instruments One of the prominent markets offered by TradeTime is the shares market. Traders have access to over 400 global shares, representing a wide range of industries and sectors. The currencies market is another key market available on TradeTime. Traders can engage in forex trading with more than 60 currency pairs, including popular options such as EUR/GBP and GBP/USD. TradeTime also recognizes the significance of commodities as an investment avenue. Through the platform's commodities market, traders can participate in the trading of both hard and soft commodities. Furthermore, TradeTime facilitates trading in the indices market. Traders can choose from a selection of seven major global indices, including renowned benchmarks such as the FTSE100, DAX40, and Dow Jones. Accounts TradeTime distinguishes itself by offering customizability in its trading accounts, allowing users to select filters based on their desired deposit amount and asset preferences. By providing this flexibility, traders can align their trading experience with their individual goals and risk tolerance. While starting with the minimum deposit may restrict trading to currencies and commodities, higher deposit amounts unlock access to a wider range of tradeable assets, including shares and indices. Leverage For currency trading, TradeTime offers a maximum leverage of 1:300. This means that traders can control a position in the forex market that is up to 300 times the size of their initial investment. The higher leverage in the currency market reflects the typically higher liquidity and volatility of forex pairs, providing traders with increased potential for profit or loss based on smaller market movements. When it comes to indices, shares, and commodities trading, TradeTime offers leverage at a maximum ratio of 1:75. Upon request, leverage rates can be increased to 1:400. Spreads & Commissions For major forex pairs, TradeTime's spreads start at 3.3 pips for EUR/USD and 4.3 pips for EUR/GBP. These spreads represent the difference between the buying and selling prices of the currency pairs. It's worth noting that the spread can vary based on market volatility and liquidity. To access a tighter spread of 2.2 pips for EUR/USD, traders would need to have a minimum investment of $5,000. Similarly, a spread of 1.8 pips for EUR/USD would require an initial investment of $11,000. These reduced spreads for larger investments reflect the potential benefits of higher account balances in terms of trading costs. For traders seeking even lower spreads, TradeTime offers an ECN (Electronic Communication Network) account. With an ECN account, traders can access a spread of 0.6 pips for EUR/USD, which is significantly tighter compared to other account types. However, it's important to note that an initial investment of $5,000 is required to open an ECN account. Additionally, traders should be aware that ECN accounts typically charge a commission per trade. In the case of TradeTime's ECN account, the commission for trading EUR/USD is $1.80. This commission-based pricing structure ensures transparency and direct market access for traders. Trading Platform TradeTime is proud to offer its users the renowned MetaTrader 4 (MT4) platform, known for its advanced features and robust trading capabilities. One of the key advantages of using the MetaTrader 4 platform is its user-friendly interface, designed to accommodate traders of all levels of expertise. The platform's intuitive layout and navigation make it easy for traders to access various features and execute trades efficiently. Whether users are new to trading or seasoned professionals, the MT4 platform provides a seamless and straightforward trading experience. See the trading platform comparison table below: Broker Trading Platforms TradeTime MetaTrader 4 (MT4) Charles Schwab StreetSmart Edge, Mobile App Fidelity Investments Active Trader Pro, Fidelity Mobile App TD Ameritrade thinkorswim, Web Platform, Mobile Apps Trading Hours You can trade 24 hours a day, 5 days a week, however specific global markets will vary by time zone: · Sydney – 10:00 pm – 7:00 am GMT · London – 11:00 pm – 8:00 am GMT · Tokyo – 11:00 pm – 8:00 am GMT · New York – 12:00 pm – 9:00 pm GMT Deposits & Withdrawals TradeTime offers convenient and flexible funding options, allowing traders to deposit funds into their trading accounts with ease. With a minimum deposit requirement of $500. Traders can choose from multiple funding methods, including credit/debit cards and bank transfers. By accepting credit and debit cards, TradeTime provides a convenient and efficient way for traders to fund their accounts. Traders can use their Visa, Mastercard, or other major credit/debit cards to make deposits securely. In addition to card payments, TradeTime also supports funding through bank transfers. This traditional method allows traders to transfer funds directly from their bank accounts to their TradeTime trading accounts. TradeTime Most other Minimum Deposit $500 $100 Customer Service Traders can choose from a variety of convenient customer support channels to reach out to TradeTime's dedicated support team. For traders who prefer written communication, email support is available at support@tradetime.com. For immediate assistance, traders can utilize the live chat feature conveniently located in the bottom right-hand corner of the TradeTime website. Traders who prefer to speak directly with a support representative can reach TradeTime via telephone. The provided telephone number, +44 203 150 1127, is dedicated to UK residents. However, TradeTime also offers international numbers specific to residents from Australia, New Zealand, Spain, Sweden, Switzerland, and France. Accepted Countries TradeTime proudly welcomes traders from a wide range of countries, including Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar, and many others. This global reach allows traders from diverse regions to access TradeTime's services and engage in online trading activities. However, it's important to note that TradeTime does not currently accept traders from the United States. This restriction is due to regulatory considerations and compliance requirements specific to the U.S. market. Traders from the United States are advised to seek alternative trading platforms that cater to their specific jurisdictional regulations and requirements. Conclusion To meet the demands of varied traders, TradeTime provides a wide variety of trading instruments and flexibility in its trading accounts. It has no legal rules, though. Before using radeTime, traders should do extensive study, look for unbiased evaluations, and weigh the dangers. The choice to trade with the platform should be taken after giving considerable thought to the information that is currently accessible and after thoroughly analyzing the potential benefits and drawbacks of trading with an unregulated broker. Frequently Asked Questions (FAQs) Q1: Are there any regulatory bodies overseeing TradeTime? A1: No. Q2: What trading instruments does TradeTime offer? A2: Shares, currencies, commodities, and indices. Q3: Does TradeTime have any regional restrictions? A3: Yes, traders cannot use TradeTime from United States.

Rating Index

How to login to TradeTime?
tradetime Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a tradetime Account The registration process for a tradetime account is straightforward and user-friendly. Below are the detailed steps to successfully register

  

TradeTime Forex Broker - Complete Information Guide

  

1. Broker Overview

  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.

  

2. Regulatory and Compliance Information

  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.

  

3. Trading Products and Services

  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.

  

4. Trading Platforms and 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.

  

5. Account Types and Trading Conditions

  TradeTime offers several account types tailored to meet the diverse needs of its clients. The available accounts include:

  • Raw Account: This account features spreads starting from 0.0 pips, with a commission of $10 per lot.
  • Standard Account: This account offers spreads from 1.0 pips with no commission.
  • Fixed Account: This account provides fixed spreads starting from 1.5 pips without any commission.
  • VIP Account: This account type offers tighter spreads from 0.4 pips and no commission.
  • Crypto Account: Specifically designed for cryptocurrency trading, this account offers competitive spreads with no commission.

  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.

  

6. Fund Management

  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.

  

7. Customer Support and Educational Resources

  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.

  

8. Regional Coverage and Restrictions

  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.

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Latest Reviews

FX1369369060

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

FX2711470245

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

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

TradeTime Forex Broker has an overall rating of 1.56, Regulatory Index 0.00, License Index 0.00, Business Index 7.38, Software Index 4.00 Risk Control Index 0.00.