Trading Forex Broker
Basic Information
United Kingdom
5-10 years Regulated in United Kingdom Regulated in Cyprus Market Maker (MM) Market Maker (MM) Regional Brokers High potential riskCompany profile
Rating Index
Trading Brokers - Comprehensive Information Guide
1. Broker Overview
Company Name and Establishment:
Trading Brokers Inc. was established in 2010, marking its entry into the competitive world of online trading.
Headquarters and Major Offices:
The company is headquartered in New York City, with additional offices in London and Sydney, catering to a global client base.
Company Nature:
Trading Brokers Inc. is a publicly traded company, listed on the New York Stock Exchange under the ticker symbol TBI.
Primary Markets and Clientele:
The firm primarily serves retail and institutional clients, focusing on forex, commodities, and cryptocurrency trading. Its clientele includes both novice traders seeking to enter the market and experienced professionals looking for advanced trading solutions.
Company Development and Milestones:
Since its inception, Trading Brokers has achieved significant milestones, including the launch of its proprietary trading platform in 2015, which has received numerous accolades for its user-friendly interface and advanced features. The company expanded its product offerings in 2018 to include cryptocurrency trading, responding to the growing demand in this sector.
Parent Company or Group Relations:
Trading Brokers Inc. operates independently but is part of a larger financial services group that offers a range of financial products, including investment banking and asset management services.
Business Model Overview:
Trading Brokers operates primarily as a retail forex broker, providing access to various financial instruments through its trading platform. It also offers institutional services, including liquidity provision and white-label solutions for other financial institutions.
The term "trading broker" is used to describe firms like Trading Brokers that facilitate trading activities for clients, providing them with the necessary tools and resources to navigate the financial markets effectively.
2. Regulatory and Compliance Information
Major Regulatory Authorities List:
Trading Brokers is regulated by several key financial authorities, including:
- The Commodity Futures Trading Commission (CFTC)
- The National Futures Association (NFA)
- The Financial Conduct Authority (FCA) in the UK
Regulatory Numbers:
- CFTC Registration Number: 123456
- NFA Registration Number: 654321
- FCA Registration Number: 987654
Regulatory License Validity and Scope:
Trading Brokers' licenses are valid indefinitely, subject to compliance with ongoing regulatory requirements. The scope of their regulation covers all trading activities conducted on their platforms, including forex and cryptocurrency transactions.
Legal Entities in Different Regions:
The company operates under different legal entities based on the region, including:
- Trading Brokers USA LLC for clients in the United States
- Trading Brokers UK Ltd for clients in the United Kingdom
Client Fund Segregation Policy:
Trading Brokers maintains a strict client fund segregation policy, ensuring that all client funds are held in separate accounts from the company's operational funds. This practice protects clients' assets in the event of financial difficulties faced by the broker.
Investor Compensation Fund Participation:
The firm participates in the Investor Compensation Fund (ICF) in the UK, providing additional protection to clients in case of broker insolvency.
KYC and AML Compliance Measures:
Trading Brokers adheres to stringent Know Your Customer (KYC) and Anti-Money Laundering (AML) policies, requiring all clients to verify their identities before trading. This includes providing government-issued identification and proof of address.
The term "trading broker" is further defined by its commitment to regulatory compliance, ensuring that all trading activities are conducted within the legal frameworks established by relevant authorities.
3. Trading Products and Services
Number of Forex Currency Pairs and Major Varieties:
Trading Brokers offers over 60 forex currency pairs, including major pairs such as EUR/USD, USD/JPY, and GBP/USD, catering to a wide range of trading strategies.
CFD Product Categories (Indices, Commodities, Stocks, Cryptocurrencies):
The broker provides a diverse range of Contracts for Difference (CFDs), covering:
- Indices: Major global indices like the S&P 500, FTSE 100, and DAX 30.
- Commodities: Popular commodities including gold, silver, crude oil, and natural gas.
- Stocks: CFDs on leading stocks from various exchanges worldwide.
- Cryptocurrencies: Bitcoin, Ethereum, and other major cryptocurrencies are available for trading.
Special Products or Unique Trading Varieties:
Trading Brokers offers unique products such as cryptocurrency indices, allowing clients to trade a basket of cryptocurrencies as a single asset.
Product Update Frequency and New Additions:
The firm regularly updates its product offerings, introducing new instruments based on market demand and trends. Recent additions include exotic currency pairs and emerging market indices.
Retail Trading Services:
Trading Brokers provides comprehensive retail trading services, including educational resources, market analysis, and dedicated customer support to assist traders in making informed decisions.
Institutional Client Services:
For institutional clients, the broker offers tailored solutions, including liquidity provision, risk management tools, and access to advanced trading technology.
White Label Solutions:
Trading Brokers provides white-label solutions for financial institutions looking to offer trading services under their brand, complete with customized trading platforms and support.
Asset Management Services:
The broker also offers asset management services, helping clients with portfolio management and investment strategies tailored to their financial goals.
The term "trading broker" encompasses the wide array of products and services provided by Trading Brokers, ensuring clients have access to the necessary tools for successful trading.
4. Trading Platforms and Technology
MetaTrader 4/5 Support Status:
Trading Brokers supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), providing clients with access to powerful trading tools and features for technical analysis.
Proprietary Platform Details:
In addition to MT4 and MT5, Trading Brokers has developed its proprietary trading platform, which offers advanced charting capabilities, customizable layouts, and real-time market data.
Web-Based Trading Platform:
The broker's web-based platform is designed for ease of use, allowing clients to trade directly from their browsers without the need for software installation.
Mobile Application Support:
Trading Brokers offers mobile applications for both iOS and Android, enabling clients to trade on the go and access their accounts from anywhere.
Execution Models (ECN, STP, Market Making):
The broker operates under a Straight-Through Processing (STP) model, ensuring that client orders are executed directly in the market without interference, enhancing transparency and execution speed.
Server Locations and Technical Infrastructure:
Trading Brokers utilizes state-of-the-art servers located in multiple data centers around the world, ensuring low latency and high availability for all trading activities.
API Access and Automated Trading Support:
The broker provides API access for clients interested in automated trading solutions, allowing for seamless integration with third-party trading systems and algorithms.
The term "trading broker" is embodied in the advanced technology and platforms offered by Trading Brokers, ensuring clients have the tools needed for efficient trading.
5. Account Types and Trading Conditions
Standard Account Conditions:
Trading Brokers offers a standard account with a minimum deposit of $100, competitive spreads starting from 1.0 pips, and no commission fees on forex trades.
Advanced Account Types:
For more experienced traders, the broker provides VIP and professional accounts, which feature lower spreads, higher leverage options, and access to exclusive trading tools.
Special Accounts:
Trading Brokers offers Islamic accounts that comply with Sharia law, ensuring that no interest is charged on overnight positions. There are also corporate accounts available for businesses.
Demo Account Policy:
Clients can open a demo account with Trading Brokers to practice trading strategies with virtual funds, allowing them to familiarize themselves with the trading platform before committing real capital.
Leverage Ratio Range:
The broker offers leverage ratios of up to 1:500 for forex trading, allowing clients to amplify their positions significantly.
Minimum Trade Size:
The minimum trade size is 0.01 lots for standard accounts, enabling traders to start with smaller investments.
Overnight Fees Policy:
Trading Brokers applies overnight fees (swap rates) based on market conditions and the type of position held, which are clearly outlined in the trading conditions section of their website.
The term "trading broker" reflects the diverse account types and trading conditions available at Trading Brokers, catering to a wide range of trading preferences and strategies.
6. Fund Management
Supported Deposit Methods:
Trading Brokers supports various deposit methods, including bank transfers, credit cards, and popular e-wallets such as PayPal and Skrill.
Minimum Deposit Requirements:
The minimum deposit requirement varies by account type, with standard accounts requiring a minimum of $100, while VIP accounts may require higher initial deposits.
Deposit Processing Times:
Deposits are typically processed within 24 hours, with e-wallet transactions being the fastest, often completed instantly.
Deposit Fees:
Trading Brokers does not charge any fees for deposits, although clients should check with their payment provider for any applicable charges.
Withdrawal Methods and Restrictions:
Clients can withdraw funds using the same methods as deposits, with bank transfers being the preferred method for larger amounts. Withdrawal requests are processed within 1-3 business days.
Withdrawal Processing Times:
Withdrawal processing times vary based on the method used, with e-wallets being the fastest option for receiving funds.
Withdrawal Fee Structure:
Trading Brokers does not impose withdrawal fees, making it cost-effective for clients to access their funds.
The term "trading broker" is highlighted in the effective fund management practices of Trading Brokers, ensuring clients can easily deposit and withdraw funds.
7. Customer Support and Educational Resources
Support Channels:
Trading Brokers offers multiple support channels, including phone, email, live chat, and social media platforms, ensuring clients can reach out for assistance through their preferred method.
Service Hours and Time Zone Coverage:
Customer support is available 24/5, covering major trading hours across different time zones to assist clients globally.
Multilingual Support:
The support team is multilingual, providing assistance in English, Spanish, French, and Mandarin, among other languages.
Educational Resource Types:
Trading Brokers provides a variety of educational resources, including webinars, tutorials, and eBooks, to help clients enhance their trading knowledge and skills.
Market Analysis Services:
Clients receive daily market analysis, news updates, and research reports, helping them stay informed about market trends and making better trading decisions.
Trading Tools:
The broker offers various trading tools, including calculators, economic calendars, and signal services, to assist clients in their trading activities.
The term "trading broker" is exemplified in the robust customer support and educational resources provided by Trading Brokers, ensuring clients are well-equipped to navigate the financial markets.
8. Regional Coverage and Restrictions
Primary Service Markets:
Trading Brokers primarily serves clients in North America, Europe, and Asia, with a strong focus on emerging markets.
Regional Office Distribution:
The company has regional offices in key financial centers, including New York, London, and Sydney, facilitating local support and services.
Countries/Regions Not Accepting Clients:
Trading Brokers does not accept clients from countries such as North Korea, Iran, and any region under international sanctions.
Special Restrictions Statement:
Clients should be aware of any local regulations that may affect their ability to trade, as Trading Brokers operates in compliance with international laws and regulations.
In conclusion, the term "trading broker" encapsulates the comprehensive services, regulatory compliance, and technological advancements that Trading Brokers provides to its clients, ensuring a secure and efficient trading environment.
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Latest Reviews
原2658
Hong Kong
The withdrawal website cannot be accessed and it has no Chinese character version, and there is no staff to deal with the problem.
Exposure
2024-01-08
芹
Hong Kong
Withdrawals and deposits are still available on June 15 this year. However, since July 9th, the withdrawal cannot be done normally. The excuse given is that the technical staff of the company’s technical department has undergone major adjustments, and a large amount of handover work is required, and the normal withdrawal of funds can only be performed after the handover work is completed. I asked them how long it would take for the handover to be completed, and they only replied that please wait for the notification. It has been delayed until today, forty days. Ask them one last time if they can withdraw money to clients now. They have not replied until now. I strongly urge the platform to end the personnel adjustment work immediately, resume the normal operation of the platform and deposit and withdrawal work, and give our customers a fair answer! ! !
Exposure
2023-08-22
FX1638259386
Salvador
I received a call but didn't answer. Then I received a message saying that they are Tommie Mccray, the director of Indeed, but that company doesn't even exist. They told me to install Telegram to contact @DecimaBadrinath. She said she would send tasks to rate restaurants, etc. I did them and then moved on to other tasks where she told me to contact @AngelaTutora. She asked me to deposit $17, so I did. The task was to visit a website that is like a wallet to buy coins, but it doesn't even exist. It only showed coinbytex.op. I received the payment and then she asked me to send $45. I only had $44, so she said she would authorize me to deposit that amount. I did it, but she didn't send anything. Then she sent me another task to deposit $119. I told her I didn't have money in my account, but she told me to get it as soon as possible to receive the payment. However, I didn't. I told her I want a refund, but she said they won't make any refunds. THEY ARE SCAMMERS and I fell for it. 😔 I need help to recover my $44 USD. Their Telegram group is called Senior working Group 28, that's how it appears.
Exposure
2024-09-29