Trading Tech Forex Broker

Note: Trading Tech is to operate via the website - https://tradingtech.io/#, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only. General Information & Regulation Feature Detail Regulation No Regulation Market Instrument Forex currency pairs Account Type Cent, Pro and Pro+ Demo Account N/A Maximum Leverage 1:500 Spread Cent: from 0 pointsPro: from 0.1 pointsPro+: from 1.3 points Commission N/A Trading Platform MT5/web Minimum Deposit $250 Deposit & Withdrawal Method credit/debit cards, cryptocurrencies like GameChangers Trading Tech, a trading name of Eudaimon Consulting LLC, is allegedly a forex broker registered in the United States that claims to provide its clients with various tradable financial instruments with leverage up to 1:500 and floating spreads from 0.2 pips but without any available trading platforms via four different live account types, as well as 24/7 customer support service. As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads, minimum deposit, etc. Note that the broker says it offers the worlds leading MetaTrader5 trading platform. As for regulation, it has been verified that Kaiser International currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.29/10. Please be aware of the risk. Market Instruments Trading Tech advertises that it is a forex broker that mainly offers forex currency pairs trading. However, more specific information about tradable assets cannot be found on the Internet. Account Types Trading Tech claims to offer 3 types of trading accounts - Cent, Pro and Pro+, with minimum initial deposit requirements of €250, €25,00 and €25,000 respectively. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less. Leverage Trading Tech states that the leverage it offers could vary between 1:200 and 1:500. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you. Spreads All spreads with Trading Tech are said to be a floating type and scaled with the accounts offered. For example, the spread starts from 0 points on the Cent account, from 0.1 points on the Pro account and 1.3 points on the Pro+ account. Trading Platform Available The platform available for trading at Trading Tech is one of the most notable and preferred trading platforms the market offers - MetaTrader5 and a web-based platform. The MT5 is highly praised by traders and brokers alike due to its ease of use and great functionality, offering top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors. Deposit & Withdrawal You could deposit money with Trading Tech via credit/debit cards, or various cryptocurrencies as well as with unknown GameChangers. The minimum initial deposit requirement is said to be $250. Customer Support Trading Tech‘s customer support can be reached by email: support@tradingtech.io. Company address: First floor, First St Vincent Bank Ltd Building, James Street Kingstown, St.Vincent and the Grenadines. However, this broker doesn’t disclose other more direct contact information like telephone numbers that most transparent brokers offer. Pros & Cons Pros Cons • MT5 supported • No regulation • Website inaccessible • High minimum deposit ($250) Frequently Asked Questions (FAQs) Q 1: Is Trading Tech regulated？ A 1: No. It has been verified that Trading Tech currently has no valid regulation. Q 2: Does Trading Tech offer the industry-standard MT4 & MT5？ A 2: Yes. Trading Tech offers MT5 and a web-based trading platform. Q 3: What is the minimum deposit for Trading Tech？ A 3: The minimum initial deposit to open a Cent account is €250, while €2,500 for the Pro account and €25,000 for the Pro+ account. Q 4: Does Trading Tech charge a fee？ A 4: Like every forex broker, Trading Tech charges a spread fee. While the information on other fees like commissions, deposit & withdrawal processing fees are missing. Q 5: Is Trading Tech a good broker for beginners？ A 5: No. Trading Tech is not a good choice for beginners. Although it offers the leading MT5, it lacks legitimate regulation and its initial deposit amount is unfriendly for beginners.