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ParadTrade

WikiFX | 2025-07-31 15:11

Abstract：Founded in 2021, ParadTrade is an unregulated broker registered in the Comoros. Customers can trade forex, stocks, cryptocurrencies, commodities, and indices on the ParadTrade web platform or ParadTrade mobile platform. It provides five account types and a demo account, with leverage up to 1:500 and a minimum deposit of $5. However, ParadTrade does not serve residents from certain areas.

ParadTrade Review Summary
Founded	2021
Registered Country/Region	Comoros
Regulation	No regulation
Market Instruments	Forex, Stocks, Cryptocurrencies, Commodities, Indices
Demo Account	✅
Leverage	Up to 1:1000
Spread	from 0.0 pips
Trading Platform	ParadTrade Web Trader, ParadTrade Mobile
Minimum Deposit	$5
Customer Support	Tel: +442081575550
	Email: support@paradtrade.com
	Social Media: Facebook, X, Telegram, YouTube
	Address: Bonovo Road, Fomboni, Comoros Union
Regional Restriction	Afghanistan, Albania, Barbados, Belarus, Democratic Republic of Congo, Ecuador, Gaza Strip, Georgia, Iran, Iraq, Liberia, Pakistan, Russia, Saudi Arabia, Sudan, South Sudan, Uganda, Ukraine, United States, Syria, West Bank (Palestinian Territory), Canada, Curaçao, Sint Eustatius, Japan

Founded in 2021, ParadTrade is an unregulated broker registered in the Comoros. Customers can trade forex, stocks, cryptocurrencies, commodities, and indices on the ParadTrade web platform or ParadTrade mobile platform. It provides five account types and a demo account, with leverage up to 1:500 and a minimum deposit of $5. However, ParadTrade does not serve residents from certain areas.

Pros and Cons

Pros	Cons
Various trading products	No regulation
Demo account available	Regional restriction
Five account choices
Lower minimum deposit
Multiple contact channels
Bonus offered

Is ParadTrade Legit?

No, ParadTrade is not regulated. Please be aware of the risk!

What Can I Trade on ParadTrade?

Tradable Instruments	Supported
Forex	✔
Stocks	✔
Cryptocurrencies	✔
Commodities	✔
Indices	✔
Bonds	❌
ETFs	❌

Account Type

Account	Minimum Deposit
Demo	$0
Standart	$5
Interbank	$5000
ECNParad	$3000
FixedParad	$3000
CryptoParad	$5000

Leverage

The leverage can be up to 1:1000, which is relatively high. The use of leverage can both maximize profits and increase losses, so customers still need to consider carefully before investing.

Account	Leverage
Demo	1:500
Standart	1:500
Interbank	1:200
ECNParad	1:1000
FixedParad	1:1000
CryptoParad	1:200

ParadTrade Fees

Account	Spread	Commission
Demo	from 0.00003 pips	None
Standart	from 0.00003 pips	None
Interbank	from 0.0 pips	0.3 pips
ECNParad	from 0.0 pips	0.6 pips
FixedParad	from 0.0001 pips	None
CryptoParad	from 0.0001 pips	0.3 pips

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
ParadTrade Web Trader	✔	PC, Web	/
ParadTrade Mobile	✔	iOS, Android	/
MT4	❌	/	Beginners
MT5	❌	/	Experienced traders

Deposit and Withdrawal

ParadTrade provides VISA, Maestro, MasterCard, SEPA, Skrill and Bitcoin for traders.

Leverage Dealer Broker

Related broker

No Regulation

ParadTrade

Company name：Paradice trade LTD

Score

1.49

Website：https://paradtrade.com/en

2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.49

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