Tredero foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://tredero.com/registration/, about the company's legal and temporary regulatory information, the company's address 3 Emerald Park, Trianon, Quatre Bornes, Republic of Mauritius.
Tredero Forex Broker
Basic Information
Mauritius
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskCompany profile
Rating Index
Platinum
Gold
Tredero Forex Broker - Comprehensive Information Guide
1. Broker Overview
Tredero is a forex and CFD broker established in 2021, operating under the parent company One Prime Ltd. The broker is headquartered in Floreal, Mauritius, and operates as a private entity, focusing on providing trading services to retail clients globally.
Tredero aims to cater to a diverse range of traders, from beginners to more experienced investors, offering a variety of financial instruments and trading tools. The company has made significant strides in the trading industry since its inception, gaining recognition for its user-friendly platform and competitive trading conditions.
The broker primarily serves the retail forex market, allowing clients to trade various assets, including currency pairs, indices, and commodities. Its business model is centered around providing a seamless trading experience through advanced platforms and reliable customer support.
As a relatively new player in the market, Tredero is still building its reputation and client base while striving to enhance its offerings and services. The company operates with a commitment to providing a transparent trading environment and has established a presence in the competitive brokerage landscape.
2. Regulatory and Compliance Information
Tredero operates under the regulatory oversight of the Financial Services Commission (FSC) of Mauritius, holding the license number GB20025316. However, it is essential to note that the regulatory framework in Mauritius is not as stringent as in other jurisdictions, which may raise concerns for some traders regarding investor protection.
The broker claims to comply with KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations, requiring clients to verify their identities before trading. This involves submitting relevant documents, such as government-issued identification and proof of residency.
Despite its claims of regulation, some sources indicate that Tredero's licensing may not be fully validated, leading to skepticism about its operational legitimacy. The broker does not participate in any investor compensation schemes, which could pose a risk for clients in the event of insolvency.
Tredero has implemented policies for client fund segregation to enhance security. However, potential clients should thoroughly assess the risks associated with trading with an unregulated or lightly regulated broker.
3. Trading Products and Services
Tredero offers a diverse array of trading products, including:
- Forex Currency Pairs: The broker provides access to a wide range of currency pairs, including major, minor, and exotic pairs.
- CFD Products: Clients can trade contracts for difference on various indices, commodities, and metals. However, the availability of individual stocks and cryptocurrencies is limited.
- Unique Trading Instruments: While Tredero does not offer unique or proprietary products, its offerings in forex and commodities cater to a broad audience.
- Regular Product Updates: The broker aims to keep its product offerings current, although specific details on new additions are not frequently disclosed.
Tredero primarily focuses on retail trading services, providing a platform for individual traders. There are no indications of institutional services or white-label solutions offered at this time.
4. Trading Platforms and Technology
Tredero supports the widely popular MetaTrader 5 (MT5) platform, known for its robust features and user-friendly interface. The platform is accessible across various devices, including desktop, web, and mobile applications.
In addition to MT5, Tredero offers its proprietary trading platform, Swift Trader, which is designed for ease of use and quick access to trading functionalities. This platform allows users to execute trades efficiently and manage their accounts with minimal hassle.
The broker's execution model is primarily Market Making, which may not suit all trading strategies. The infrastructure includes reliable server locations, ensuring a stable trading environment.
API access for automated trading is not explicitly mentioned, which may limit options for algorithmic traders. However, the platforms provide essential trading tools, including various chart types, indicators, and analytical features.
5. Account Types and Trading Conditions
Tredero offers several account types tailored to different trading needs:
- Mini Account: Minimum deposit of $250, with spreads starting from 1.2 pips and no commission.
- Basic Account: Requires a minimum deposit of $3,000, offering tighter spreads from 1.0 pips.
- Prime Account: Minimum deposit of $15,000, with spreads starting from 0.7 pips and no commission.
- VIP Account: Requires a deposit of $50,000, offering spreads from 0.2 pips and a commission of $6 per lot.
- Infinite Account: The top-tier account demands a minimum deposit of $100,000, with similar conditions to the VIP account but lower commissions.
The leverage offered by Tredero varies depending on the account type, with a maximum of 1:500 for the Mini and Basic accounts, and 1:200 for higher-tier accounts.
Tredero also provides a demo account option for traders to practice their strategies without financial risk. Overnight fees and minimum trade sizes are standard across the industry, but specific details are not extensively covered in the available resources.
6. Fund Management
Tredero supports various deposit methods, including:
- Bank Transfers
- Credit/Debit Cards
- E-wallets
The minimum deposit requirement varies by account type, starting at $250 for the Mini account. Deposits are processed instantly, with no associated fees, which is a positive aspect for traders.
Withdrawals can be made using the same method as the deposit, with processing times typically taking up to 48 hours. The broker claims no withdrawal fees, but the specifics of the fee structure are not clearly outlined.
Clients should be aware that withdrawal requests may be subject to additional verification processes, which could lead to delays.
7. Customer Support and Educational Resources
Tredero provides customer support through multiple channels:
- Phone: +230 52970264
- Live Chat
The support team operates 24/5, ensuring that traders have access to assistance during market hours. The broker offers support in multiple languages, catering to a diverse client base.
Educational resources are somewhat limited, comprising basic materials such as video tutorials and trading guides. While these resources can be beneficial for beginners, more comprehensive educational content would enhance the overall trading experience.
Market analysis services, including daily updates and research reports, are available, providing traders with insights into market movements.
8. Regional Coverage and Restrictions
Tredero primarily targets markets in Mauritius and other regions worldwide. However, it does not accept clients from certain countries, including the USA, Iran, and North Korea.
The broker's regional operations are focused on providing services to traders in jurisdictions where it is legally permitted to operate. Specific restrictions may apply based on local regulations, and potential clients should verify their eligibility before opening an account.
In summary, Tredero presents itself as a broker with a range of trading products and services, although it faces challenges related to regulatory compliance and market trust. Traders are advised to conduct thorough research and consider the potential risks before engaging with the Tredero broker.
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Latest Reviews
JuanDelgado
Dominica
I have used a lot of broker`s services and could understand that I care only about one thing, how affordable and beneficial for me, is trading with a particular broker. Not the cutting edge platforms, not wide selection of educational materials, not super-friendly support, just raw trading conditions, in terms of broker`s cost. Tredero is a good example of this concept. Their platform is a bit outdated and they don`t provide fascinating additional services, but their conditions of trading crypto suited me well. Even though they charge commissions per lot and spreads, the cost is still cheaper than just variable spreads that tend to be very wide, when we speak about bitcoin. These conditions, combined with higher than market leverage provided me the reasons to trade with Tredero.
Positive
2024-12-13
AbbaadRifaah
Malaysia
I wanted to write something like a review about Tredero and trading conditions that are available to me on this platform. I'm happy with my broker and therefore I want to show other traders that this is a good option Screenshot that I attached to this comment shows that Tredero has several accounts, depending on what minimum deposit company's client is willing to make. I have almost 5000 dollars on my trading account and therefore I have Bronze one. I have some advantages, including a narrower spread compared to the base account. And I can also use services of Dedicated representative. Leverage on my account is up to x500, which means that with moderate risk I can get big profit.
Positive
2024-11-15
SoutaFujita
Japan
I really like how they've skillfully combined multiple visual styles into one platform. I'm still using a starter account (under $250) and trading on a demo account to test Bitcoin trading strategies, but I've tried switching between line charts, candlestick charts, and various styles in between. Overall, it's visually beautiful and satisfying. As for cryptocurrency trading, the spreads are quite tight, which is another great advantage.
Positive
07-20