Truvecta Forex Broker

TruvectaReview Summary Founded2023-08-14 Registered Country/RegionSaint Kitts and Nevis RegulationNot regulated Market InstrumentsForex, Indices, Commodities, Stocks, Cryptocurrencies Demo Account❌ LeverageUp to 1:500 SpreadFixed Trading PlatformTruvecta Min Deposit$5000 Customer SupportEmail: support@truvecta.io Phone: +442070431875 Whatsapp Phone: +447731597201 Truvecta was founded by Вranding Bubble Limited in 2023 in Saint Kitts and Nevis. It offers Forex, Indices, Commodities, Stocks, Cryptocurrencies for trading. Besides, it also provides competitive leverage, which is up to 1:500. However, the high minimum deposit of $5000 and absence of regulation will make traders think twice.Pros and Cons Pros Cons Multiple trading assetsHigh minimum deposit Various account typesRelatively new Maximum leverage up to 1:500No regulation Fixed spreadsIs Truvecta Legit? Financial Services Regulatory Commission (FSRC) in Saint Kitts and Nevis shows no information about the Truvecta. It means Truvecta is not supervised by the regulations and will result in a lot of potential risks, like legal risks or fund risks.What Can I Trade on Truvecta? Truvecta provides many trading assets, including forex, cryptocurrencies, commodities, stocks, metals, and indices. Tradable Instruments Supported Forex✔ Cryptocurrencies✔ Commodities✔ Stocks✔ Metals✔ Indices✔ Options❌Account Type Truvecta provides five account types: Basic, Standard, PRO, Gold and Exclusive. The demo account is not mentioned. Account TypeMaximum Trading SizeMinimum Deposit Basic10 lots$5000 Standard20 lots$25000 PRO40 lots$100000 Gold 50 lots$250000 Exclusive100 lots$1000000Leverage The leverage of Truvecta varies depending on different account types. The Basic and Standard leverage is up to 1:100, the PRO account is up to 1:200, and the Gold and Exclusive accounts is up to 1:500. Traders should bear in mind that high leverage is always with high returns and high losses.Spreads Truvecta's spreads of all accounts are fixed, but the spreads of PRO, Gold and Exclusive accounts are also floating and variable.Trading Platform Trading PlatformSupported Available Devices Suitable for Truvecta✔Mobile, Desktop and WebExperienced tradersPayment methods Truvecta can pay through several ways: Visa, MasterCard, Skrill, Paypal, Swift, Neteller, Citibank and Maestro.Customer Service Contact Options Details Phone +442070431875 Email support@truvecta.io Support Ticket System ❌ Online Chat ✅ Social Media Whatsapp:+447731597201 Supported Language English Website Language English Physical Address Hamilton Development, Unit B, Charlestown, Nevis.The Bottom Line In conclusion, traders should find a reliable and transparent broker. Though Truvecta provides multiple trading assets and account types, it is still unregulated and its information is limited. Moreover, the minimum deposit is higher than other brokers. Traders should think twice when choosing a broker.FAQs Is Truvecta safe? No. Truvecta is not regulated. What kind of trading platform does Truvecta offer? Truvecta is a trading platform with tools and data. Is Truvecta good for day trading? No. The minimum depsoit is high, and the withdrawal isn't mentioned.