TradeFred Spreads, leverage, minimum deposit Revealed
WikiFX | 2024-10-23 16:51Abstract：TradeFred is an unregulated financial firm based in Australia, offering trading on MetaTrader 4 (MT4) and web-based platforms.
Note: TradeFred's official website: https://www.tradefred.com.au/ is currently inaccessible normally.
| TradeFred Review Summary | |
| Founded | / |
| Registered Country/Region | Australia |
| Regulation | ASIC (Unsubscribed), CySEC (Suspicious clone) |
| Market Instruments | / |
| Demo Account | ❌ |
| Leverage | 1:50 |
| Spread | From 2.0 pips |
| Trading Platforms | MetaTrader 4 (MT4) and a web-based platform |
| Minimum Deposit | $100 |
| Customer Support | Phone: +61-280734453, +44-1613942198 |
| Email: support@tradefred.com.au, info@brightfxcapital.com | |
TradeFred is an unregulated financial firm based in Australia, offering trading on MetaTrader 4 (MT4) and web-based platforms.
Pros and Cons
| Pros | Cons |
| MT4 platform | Non-functional website |
| Diverse account types | Lack of transparency |
| No regulation | |
| No demo accounts |
Is TradeFred Legit?
| Regulatory Status | Unsubscribed |
| Regulated by | Australia Securities & Investment Commission (ASIC) |
| Licensed Institution | BRIGHTAU CAPITAL PTY. LTD |
| Licensed Type | Appointed Representative((AR) |
| Licensed Number | 001258580 |
| Regulatory Status | Suspicious Clone |
| Regulated by | The Cyprus Securities and Exchange Commission (CySEC) |
| Licensed Institution | I.F. Greenfields Wealth Ltd |
| Licensed Type | Straight Through Processing (STP) |
| Licensed Number | 342/17 |
Account Type/Leverage/Spread
TradeFred provides Basic, Standard, and VIP accounts. Moreover, it provides an Islamic swap-free account.
| Account Type | Min Deposit | Max Leverage | Spread |
| Basic | $100 | 1:50 | Fixed from 3.0 pips |
| Standard | $500 | 1:50 | Fixed from 2.0 pips |
| VIP | $5 000 | 1:50 | Fixed from 2.0 pips |
Trading Platform
Tradefred provides MetaTrader 4 (MT4) and a web-based platform.
Deposit and Withdrawal
TradeFred supports deposits and withdrawals through Bank Transfer, Credit/Debit Card, Broker to Broker transfer, WebMoney and Qiwi.
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