Tradingnetwork review
Tradingnetwork review: regulation (Tradingnetwork has no regulatory), minimum deposit $250, leverage up to 1:500, platforms and current bonuses.
Trading conditions
- Broker type
- ECN/STP/Micro/Crypto/Demo
- Minimum deposit
- $250
- Maximum leverage
- 1:500
- Minimum spread
- 0.4 pips
- Platforms
- MetaTrader4 and Trust Trading Network webtrader
- Instruments
- Forex Currencies, Crypto, Commodities, Indices, Stocks
- Account currencies
- USD, EUR
Bonuses
- No deposit bonus
- No
- Welcome bonus
- This broker is not providing any welcome bonus
- Other promotions
- Refer a Friend Bonus
Accounts and features
- Demo account
- Yes
- Islamic account
- No
- Swap-free
- Yes
- Mini account
- Yes
- VIP account
- Yes
- Managed account
- Yes
- Segregated funds
- Yes
- Hedging and scalping
- Yes
- News trading
- Yes
- Mobile trading
- Yes
- Web trading
- Yes
Deposits and withdrawals
- Deposit methods
- Visa, MasterCard, Maestro, and WireTransfer
- Withdrawal methods
- Visa, MasterCard, Maestro, and WireTransfer
Company
- Regulation
- Tradingnetwork has no regulatory
- Founded
- 2020
- Country
- Dominica
- Address
- Dominica
- Publicly traded
- Yes
- Website languages
- English
- Phone
- Unavailable
- Email or Skype
- [email protected]
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About Tradingnetwork
Tradingnetwork is an online trading broker that trades on Forex, Commodities, Indices, and Shares. This broker is based on the MetaTrader4 platform and trust trading network webtrader. This broker provides trading services all over the world except in the United States of America. This broker has 1200 markets to choose from.
Tradingnetwork has no hidden charge, no commission, and hidden fees. This broker does not charge a penny for account opening and for maintaining. There are no fees while withdrawing money. This broker groups the traders according to their financial capabilities, goals, trading experience, and knowledge. Each of the groups is headed by an account manager and financial advisor who lead advice, motivate, and teach traders to manage their trading experiences.
There are four types of live trading accounts provided by Tradingnetwork. These accounts are named Mega, Giga, Tera, and Peta. All of these accounts have different levels of minimum deposit, spread, and leverage. All the variables of all these four accounts are described below:-
- Mega Account:- This account requires a $250 minimum deposit to start. The spread in this account is 2.4 pips and the maximum leverage on this account is 1:500.
- Giga Account:- This account starts with a $2000 minimum deposit. The spread in this account is 1.4 pips. The maximum leverage in this account is 1:400.
- Tera Account:- This account requires $15,000 of minimum funding. The spread in this account is 0.4 pips. The maximum leverage in this account is 1;200.
- Peta Account:- This account requires a $50,000 minimum deposit. The maximum leverage in this account is 1:100. The spread in this account starts from o.4 pips.
Tradingnetwork pros and cons
Pros
- Regulated by Tradingnetwork has no regulatory
- Raw spreads from 0.4 pips
- Scalping and hedging allowed
- Free demo account
- Trading platforms: MetaTrader4 and Trust Trading Network webtrader
- Client funds held in segregated accounts
Cons
- No no-deposit bonus at the moment
- Leverage up to 1:500 magnifies losses as well as profits
- No Islamic (swap-free) account
- Conditions and bonuses can differ by regulated entity
Tradingnetwork FAQ
Is Tradingnetwork a safe and regulated broker?
Tradingnetwork was founded in 2020 and is regulated by Tradingnetwork has no regulatory. Client funds are held in segregated accounts. Your protection depends on which Tradingnetwork entity opens your account.
What is the minimum deposit at Tradingnetwork?
The minimum deposit at Tradingnetwork is $250. Payment providers may set their own minimum amount.
What is the maximum leverage at Tradingnetwork?
Tradingnetwork offers leverage up to 1:500. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.
Does Tradingnetwork offer a no deposit bonus?
No. Tradingnetwork does not currently offer a no deposit bonus. It offers a welcome promotion: This broker is not providing any welcome bonus. See our forex no deposit bonus list for brokers that do.
Which trading platforms does Tradingnetwork offer?
Tradingnetwork supports MetaTrader4 and Trust Trading Network webtrader. Mobile trading is available.
Does Tradingnetwork allow scalping, hedging and news trading?
Yes. Scalping and hedging are allowed, and news trading is allowed.
Does Tradingnetwork offer an Islamic (swap-free) account?
No. Tradingnetwork does not list a swap-free Islamic account.
Risk warning: Forex and CFD trading on margin carries a high level of risk and may not be suitable for all investors. Bonus offers are provided by third-party brokers and can change at any time.
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Tradingnetwork at a glance
- RegulationTradingnetwork has no regulatory
- PlatformsMetaTrader4 and Trust Trading Network webtrader
- Account currenciesUSD, EUR
- LanguagesEnglish
- PhoneUnavailable
- Email / Skype[email protected]
- FaxUnavailable
- Head officeDominica