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USDETF Forex broker specializes in providing foreign exchange trading services, the company's official website https://usdetf.com/#..., the company's legitimate regulatory information BahamasSCBRetail Forex License to enhance the security of the company's address Sea Sky Lane, B201, Sandyport, Nassau, New Providence, The Bahamas

USDETF Forex Broker

Basic Information

Registered Region
Bahamas
Operating Period
--
Company Name
USDETF Markets Limited
Abbreviation
USDETF
Company employee
--
Customer Service Email Address
support@usdetfs.com
Company address
Sea Sky Lane, B201, Sandyport, Nassau, New Providence, The Bahamas
Keywords
1-2 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

USDETFReview Summary Founded2024 Registered Country/RegionBahamas RegulationSuspicious Clone SCB License Market InstrumentsForex, Index, Commodities, ETF, Stock, Cryptocurrency Demo AccountNot Mentioned LeverageUp to 30:1 EURUSD SpreadUSDETF account: 0.0 - 0.3 pips Standard: 0.0 - 0.3 pips Trading PlatformcTrader, MT4, MT5 Min DepositNot Mentioned Customer Support24/7 Email: support@usdetfs.com Company address: Sea Sky Lane, B201, Sandyport, Nassau, New Providence, the Bahamas USDETF is an unregulated platform based in Bahamas. USDETF claims to have been founded in Melbourne, Australia in 2010 by a group of veteran traders, but the website is registered in 2024. USDETF provides trader with market instruments including Forex, Index, Commodities, ETF, Stock, and Cryptocurrency.Pros and Cons ProsCons Multiple market instrumentsSuspicious fake clone license Unclear minimum deposit requirement Limited customer support channels Commission chargedIs USDETF Legit? USDETF claims to be regulated by the Securities Commission of The Bahamas, but in fact, they cloned Pepperstone Markets Limited's license. Therefore, USDETF isn't a legitimate company. Regulatory Status Suspicious clone Regulated by Bahamas Licensed Institution Pepperstone Markets Limited Licensed TypeRetail Forex License Licensed NumberSIA-F217What Can I Trade in USDETF? Trading AssetAvailable forex✔ metals❌ commodities✔ indices✔ energies❌ stocks /shares✔ cryptocurrencies✔ options❌ funds❌ ETFs✔Account Types (Leverage/Spread & Commission) USDETF mainly offers two types of accounts: USDETF and Standard. FeatureUSDETFStandard Base CurrenciesAUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD and HKD LeverageUp to 30:1 Average EURUSD Spread0.0 - 0.3 pips1.1 pips CommissionFrom 7 AUD per 100,000 bilateral transactions$0 Minimum Trade Size0.01 lots Maximum Trade Size100 lots Most SuitableScrapers and Algorithmic TradersNew TradersFees MT4/MT5 USDETF Account Commission Trading account currencyCommission per 0.01 lot (1000 base currency)Commission per 1 lot (100,000 base currency) AUDAUD 0.04AUD 3.50 USDUSD 0.04USD 3.50 JPYJPY 3JPY 303 EUREUR 0.03EUR 2.60 GBPGBP 0.03GBP 3.30 CHFCHF 0.04CHF 3.50 NZDNZD 0.04NZD 4.47 SGDSGD 0.05SGD 4.55 HKDHKD 0.28HKD 28.17 CADCAD 0.04CAD 3.50cTrader Commissions cTrader commissions are charged at USD 6 bilaterally. For example, if you trade 100,000 EUR/USD, the commission fee is USD 3 for opening contracts and USD 3 for closing contracts. If your trading account is not in USD, they will Convert the commission fee to your specified account currency based on the current foreign exchange rate.Trading Platform Trading PlatformSupported Available Devices Suitable for cTrader✔Desktop, Mobile, WebBeginners MT5✔Desktop, Mobile, WebExperienced traders MT4✔Desktop, Mobile, WebBeginners Trading View❌Desktop, Mobile, WebBeginnersDeposit and Withdrawal USDETF accepts deposit and withdrawal methods including Visa, MasterCard, POLi, Bank transfer, BPay, PayPal, Neteller, Skrill, and China Union Pay.Customer Service USDETF's customer support channel is limited, but it is open 24/7. Contact Options Details Email support@usdetfs.com Physical Address Sea Sky Lane, B201, Sandyport, Nassau, New Providence, the BahamasThe Bottom Line No matter how many favorable features USDETF may seem to offer, USDETF remains an unregulated platform. You should avoid such platforms and choose a well-regulated and more experienced one.FAQs Is USDETF regulated? No. USDETF's license is a suspected fake clone. Does USDETF offer industry-leading MT4 & MT5? Yes. It offers trading platforms including MT4, MT5, and cTrader. Is USDETF good for beginners? No. An unregulated platform is not good for beginners.

Rating Index

How to login to USDETF?
usdetf Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a usdetf Account Registering for a usdetf account is the first step toward accessing a range of trading services. Below is a detailed guide on how to complete the

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Latest Reviews

FX1636731038

FX1636731038

South Korea

At first, it seems like you can withdraw a little bit of money So I thought it was real And then I wanted to become a prestigious person I tie the signal room and do readings Even someone who takes advantage of that Cannot withdraw money Because it is tied to the signal room They say you have to pay a 20% deposit for money laundering And you have to pay a 10% tax profit to be released For any reason, they will never return the money It's a complete scam Dapusdt server is down They must be changing their name and engaging in fraudulent activities Do not make any investments It's an absolute scam

Exposure

2024-10-22

FX1636731038

FX1636731038

South Korea

We were foolish people who participated in a reading room until the end. At first, we believed it was a fraudulent site that supports Korean language because it claimed to receive Korean won. Initially, withdrawals were possible, but as we operated the reading room by tying it to a signal room, we were told that we had to pay a guarantee fee of 20% and undergo an investigation due to anti-money laundering laws, and we were told that we had to pay a capital gains tax of 10% if we wanted to withdraw. After everything was settled, our accounts were shut down and they disappeared. Now they have changed their KakaoTalk name and completely disappeared. They probably created another site using US tax laws to commit fraud. They always mentioned ETF-related news, so it must be related to ETF. We are complaining. We hope to never be involved in fraud. We have lost all our assets and don't even have a 1,000 won bill in our wallets. We are a wicked group of scammers who pull out all the stops to take everything away. Today, I saw a picture on KakaoTalk that looked like a young mannequin. I hope no one falls for it.

Exposure

2024-10-02

USDETF Forex Broker has an overall rating of 1.22, Regulatory Index 0.00, License Index 0.00, Business Index 4.73, Software Index 4.00 Risk Control Index 0.00.