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TradeFred-Overview of Minimum Deposit, Spreads & Leverage

WikiFX | 2024-10-23 16:51

Abstract: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/RegionAustralia
RegulationASIC (Unsubscribed), CySEC (Suspicious clone)
Market Instruments/
Demo Account❌
Leverage1:50
SpreadFrom 2.0 pips
Trading PlatformsMetaTrader 4 (MT4) and a web-based platform
Minimum Deposit$100
Customer SupportPhone: +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.

TradeFred

Pros and Cons

ProsCons
MT4 platformNon-functional website
Diverse account typesLack of transparency
No regulation
No demo accounts

Is TradeFred Legit?

Regulatory StatusUnsubscribed
Regulated byAustralia Securities & Investment Commission (ASIC)
Licensed InstitutionBRIGHTAU CAPITAL PTY. LTD
Licensed TypeAppointed Representative((AR)
Licensed Number001258580
Unsubscribed ASIC license
Regulatory StatusSuspicious Clone
Regulated byThe Cyprus Securities and Exchange Commission (CySEC)
Licensed InstitutionI.F. Greenfields Wealth Ltd
Licensed TypeStraight Through Processing (STP)
Licensed Number342/17
Suspicious clone CySEC license

Account Type/Leverage/Spread

TradeFred provides Basic, Standard, and VIP accounts. Moreover, it provides an Islamic swap-free account.

Account TypeMin DepositMax LeverageSpread
Basic$1001:50Fixed from 3.0 pips
Standard$5001:50Fixed from 2.0 pips
VIP$5 0001:50Fixed 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.

Related broker

Unverified
TradeFred
Company name:BrightAU Capital Pty Ltd
Score
1.57
Website:https://www.tradefred.com.au/
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.57

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