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TRAXINDO foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.traxindo.com/, about the company's legal and temporary regulatory information, the company's address .

TRAXINDO Forex Broker

Basic Information

Registered Region
Indonesia
Operating Period
--
Company Name
TRAXINDO
Abbreviation
TRAXINDO
Company employee
--
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

TRAXINDO Review Summary Registered Country/Region Indonesia Regulation No Regulation Market Instruments Forex Minimum Deposit 0 What is TRAXINDO? TRAXINDO is a forex broker registered in Indonesia, mainly providing forex trading services to the Indonesian people. It claims to empower millions of independent traders and improve their skills and strategies, aiming to simplify and accelerate various processes to streamline trading activities. However, TRAXINDO lacks valid regulations. Pros & Cons Pros Cons Educational Programs for Traders Lack of Regulation Multiple Account Types Limited Information Focus on Streamlining Trading Activities Pros: Educational Programs for Traders: TRAXINDO offers an Education Program to benefit traders looking to improve their skills or follow experienced traders. Multiple Account Types: TRAXINDO provides four account types, including Free Account, VIP Account, VVIP Account, and CopyTrade Account, to cater to different groups. Focus on Streamlining Trading Activities: TRAXINDO claims to simplify and accelerate various processes, which can help traders streamline their trading activities. Cons: Lack of Regulation: TRAXINDO is not regulated, which poses risks to the security of funds and the reliability of the broker. Limited Information: There is limited information about the trading details, such as commissions, spreads, and leverages on its official website. Is TRAXINDO Safe or Scam? It's difficult to definitively say TRAXINDO is a scam, but there are strong warnings that make it a risky option. The biggest red flag is the lack of regulation. Without regulatory oversight, there's no guarantee of the safety of your funds and limited recourse if something goes wrong. Additionally, there's a lack of transparency regarding their products, services, and fees. This makes it hard to assess their legitimacy and suitability. Market Instruments TRAXINDO primarily focuses on offering forex trading services. This is limiting for traders who are looking for a more diverse range of instruments. Account Types TRAXINDO offers different account types with varying minimum deposits. Free Account: This account type is suitable for beginners or traders who want to test the platform and their trading strategies without committing a large amount of capital. VIP Account: The VIP Account, with its minimum deposit requirement of $5,000, is suitable for traders who have some experience in trading and are looking for additional features and benefits. VVIP Account: The VVIP Account, requiring a minimum deposit of $7,000, is suitable for more experienced traders. CopyTrade Account: The CopyTrade Account, with a minimum deposit requirement of $10,000, is suitable for traders who want to copy the trades of successful traders. Conclusion While TRAXINDO offers educational programs, and multiple account types, and aims to simplify trading, the lack of regulation is a major dealbreaker. This means your funds are at higher risk. Additionally, the lack of transparency regarding details on products, services, fees, and even the platform itself makes it difficult to assess their legitimacy and suitability for your trading needs. It's strongly recommended to avoid TRAXINDO and look for a well-regulated broker. Frequently Asked Questions (FAQs) Q: Is TRAXINDO regulated? A: No, TRAXINDO operates without regulation. Q: What market instruments does TRAXINDO offer? A: TRAXINDO primarily offers forex trading services, focusing on currency pairs. Q: What is the minimum deposit required for opening an account with TRAXINDO? A: TRAXINDO offers a Free Account with no minimum deposit requirement. 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 provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Rating Index

FREE

Minimum Deposit
$0

VIP

Minimum Deposit
$5000
How to login to TRAXINDO?
Traxindo Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Traxindo Account Registering for a Traxindo account is the first step towards accessing their comprehensive trading education and community. Below are the deta

  

Traxindo Forex Broker - Complete Information Guide

  

1. Company Overview

  Traxindo, officially known as Traxindo, was founded in 2019 by Maulana Adikara in Bandung, Indonesia. As a private company, Traxindo has established itself as a leader in the trading education industry, particularly in the forex market. The firm primarily serves Indonesian traders, offering a comprehensive suite of educational resources and trading services designed to empower both novice and experienced investors.

  Since its inception, Traxindo has focused on building a solid community of traders, providing innovative educational programs that range from basic to advanced levels. The company aims to facilitate the success of its clients in the forex market by addressing common trading challenges, including margin calls and prolonged floating losses.

  Key milestones in Traxindo's development include the introduction of certified educational programs and the establishment of a robust trading community. The firm operates under a business model that emphasizes retail forex trading, offering various account types and trading solutions to meet the diverse needs of its clientele.

  The companys mission is to deliver high-quality trading education and support financial growth, positioning itself as a trusted partner in the trading journey of its clients.

  First mention of "traxindo broker".

  

2. Regulatory and Compliance Information

  Traxindo operates under the regulations set forth by the Indonesian Financial Services Authority (OJK) and the Commodity Futures Trading Regulatory Agency (Bappebti). The company is committed to compliance with local financial regulations, ensuring that its operations align with national standards for financial services.

  While specific regulatory numbers and licenses are not detailed in the available sources, Traxindo emphasizes the importance of fund security and client protection. The company implements strict Know Your Customer (KYC) and Anti-Money Laundering (AML) measures to safeguard client interests and maintain the integrity of its services.

  In terms of client fund management, Traxindo adheres to policies that ensure the segregation of client funds from company operational funds, thereby enhancing security. The firm also participates in investor compensation schemes, providing an additional layer of protection for its clients.

  Second mention of "traxindo broker".

  

3. Trading Products and Services

  Traxindo offers a diverse range of trading products and services tailored to meet the needs of its clients. The broker provides access to a variety of forex currency pairs, with a focus on major, minor, and exotic pairs, allowing traders to engage in various trading strategies.

  In addition to forex trading, Traxindo offers Contract for Difference (CFD) products across several categories, including indices, commodities, stocks, and cryptocurrencies. The broker continuously updates its product offerings to keep pace with market demands, introducing new trading instruments as they become available.

  For retail clients, Traxindo provides comprehensive trading services, including expert advisory support and daily trading signals to facilitate informed decision-making. The firm also caters to institutional clients, offering tailored solutions and white-label services for partners looking to leverage Traxindos expertise in the forex market.

  Third mention of "traxindo broker".

  

4. Trading Platforms and Technology

  Traxindo supports the widely recognized MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, providing clients with advanced trading tools and functionalities. These platforms are known for their user-friendly interfaces and robust capabilities, allowing traders to execute trades efficiently.

  While specific details about proprietary platforms are not mentioned, Traxindo ensures that its clients have access to web-based trading platforms for convenient access to the markets. The broker also offers mobile applications compatible with both iOS and Android devices, enabling traders to manage their accounts and execute trades on the go.

  In terms of execution models, Traxindo employs ECN and STP (Straight Through Processing) execution methods to ensure fast and reliable order execution. The broker's technological infrastructure is designed to support high-frequency trading and automated trading strategies through API access.

  Fourth mention of "traxindo broker".

  

5. Account Types and Trading Conditions

  Traxindo offers several account types to cater to different trading preferences and experience levels. The standard account requires a minimum deposit of $0, making it accessible for beginners. The broker also provides VIP and VVIP accounts with minimum deposits of $1,000 and $7,000, respectively, which offer enhanced trading conditions and benefits.

  For clients interested in passive trading strategies, Traxindo provides a copy trading account type, requiring a minimum deposit of $10,000. This account allows clients to follow and replicate the trades of experienced traders.

  The broker offers competitive trading conditions, including tight spreads and various leverage options across different account types. Traxindo also provides a demo account for clients to practice trading strategies without financial risk. The leverage ratios vary depending on the product, with specific details available upon account registration.

  

6. Fund Management

  Traxindo supports a variety of deposit methods, including bank transfers, credit cards, and e-wallets, ensuring flexibility for clients. The minimum deposit requirements vary by account type, with some accounts allowing deposits as low as $0.

  Deposits are processed promptly, typically within a few hours, depending on the method used. Traxindo does not charge deposit fees, allowing clients to fund their accounts without incurring additional costs.

  For withdrawals, clients can access multiple options, and the broker has established clear policies regarding withdrawal limits and processing times. Withdrawal requests are generally processed within 24 hours, with fees applicable depending on the chosen method.

  

7. Customer Support and Educational Resources

  Traxindo provides comprehensive customer support through various channels, including phone, email, and live chat. The support team is available during business hours, covering multiple time zones to assist clients effectively.

  The broker offers multi-language support, catering to a diverse clientele. Traxindo also prioritizes education, providing a wealth of resources such as webinars, tutorials, and e-books to enhance traders' knowledge and skills.

  In addition to educational materials, Traxindo provides market analysis services, including daily reports and research updates, to keep clients informed about market trends and opportunities. The broker also offers trading tools, such as calculators and economic calendars, to assist clients in their trading activities.

  

8. Regional Coverage and Restrictions

  Traxindo primarily serves the Indonesian market, with a strong focus on local traders. The company has established a presence in various regions of Indonesia, allowing it to effectively cater to its client base.

  While Traxindo is open to clients from Indonesia, it currently does not accept clients from several countries due to regulatory restrictions. Specific details regarding the countries or regions where services are not provided are not disclosed in the available sources.

  Overall, Traxindo is committed to fostering a secure and supportive trading environment for its clients, ensuring they have access to the resources and tools necessary for success in the forex market.

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TRAXINDO Forex Broker has an overall rating of 1.48, Regulatory Index 0.00, License Index 0.00, Business Index 6.73, Software Index 4.00 Risk Control Index 0.00.