Score
TRADERS-CHOICE.NET
Ireland|2-5 years| https://traders-choice.net/
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Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
Contact number
+1(731) 6814103
Other ways of contact
Broker Information
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TRADERS-CHOICE.NET
TRADERS-CHOICE.NET
Ireland
Pyramid scheme complaint
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
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| Minimum Deposit | $5,000 - $UNLIMITED |
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| Minimum Deposit | $1,000 - $4,999 |
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| Maximum Leverage | -- |
| Minimum Deposit | $100 - $999 |
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- Fundamental Item(A)
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- Non-Fixed Capital(A)+(B)-(C)=(D)
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Capital
$(USD)
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TRADERS-CHOICE.NET · Company Summary
Note: Regrettably, the official website of TRADERS-CHOICE.NET, namely https://traders-choice.net/, is currently experiencing functionality issues.
| TRADERS-CHOICE.NET Review Summary | |
| Founded | 2-5 years |
| Registered Country/Region | Ireland |
| Regulation | Unregulated |
| Market Instruments | Forex, cryptos, stock and commodities |
| Demo Account | N/A |
| Leverage | N/A |
| EUR/ USD Spread | N/A |
| Trading Platforms | N/A |
| Minimum Deposit | $100 |
| Customer Support | Email and phone |
What is TRADERS-CHOICE.NET？
TRADERS-CHOICE.NET is an Ireland-based online broker that offers a variety of trading instruments across different asset classes. The platform provides clients with three live account types, each with different features and minimum deposit requirements. However, the lack of regulation and the inaccessibility of their official website contribute to concerns. Customers can contact their customer service line at +1(731) 6814103 or via email at SUPPORT@TRADERS-CHOICE.NET.
If you are interested, we invite you to continue reading the upcoming article where we will thoroughly assess the broker from various angles and present you with well-organized and succinct information. By the end of the article, we will provide a concise summary to give you a comprehensive overview of the broker's key characteristics.
Pros & Cons
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Pros:
- Phone and email support available: TRADERS-CHOICE.NET offers accessible customer support through phone and email, providing avenues for direct assistance and inquiries.
Cons:
- Not regulated: The lack of regulation raises concerns about the platform's adherence to industry standards and investor protection.
- Inaccessible website: The unavailability of the official website indicates potential reliability issues and hinder essential information access.
- No social media presence: The absence of a social media presence limits transparency and engagement with the trading community.
- Non-transparent trading conditions: The lack of transparency in trading conditions can lead to ambiguity and difficulty in understanding the terms of engagement, potentially affecting the confidence of investors.
Is TRADERS-CHOICE.NET Safe or Scam？
TRADERS-CHOICE.NET has no regulation. This can be concerning as it raises doubts about the reliability and trustworthiness of the TRADERS-CHOICE.NET trading platform. The absence of an official website further adds to these doubts and increases the risk associated with investing through TRADERS-CHOICE.NET.
Whats more, the unavailability of their official website raise doubts about the dependability of the TRADERS-CHOICE.NET trading platform, thereby increasing the investment risk.
Before committing to investments with TRADERS-CHOICE.NET, it is essential to conduct extensive research and meticulously assess the associated risks and potential rewards. In general, it is wise to opt for regulated brokers to safeguard your funds.
Market Instruments
TRADERS-CHOICE.NET offers a range of trading instruments for its clients across different asset classes.
- Forex: TRADERS-CHOICE.NET offers clients the ability to trade in the forex market, with access to over 40 currency pairs, including major, minor, and exotic currencies.
- Cryptocurrency: TRADERS-CHOICE.NET provides access to a variety of cryptocurrencies, including Bitcoin, Ethereum, Ripple, and Litecoin, among others.
- Commodity: Clients can also trade in a range of commodities such as gold, silver, crude oil, and natural gas.
- Stock: TRADERS-CHOICE.NET offers access to a wide range of stocks across global markets, including stocks listed on major exchanges such as NASDAQ, NYSE, and the Tokyo Stock Exchange.
Account Types
TRADERS-CHOICE.NET offers three live account types with varying features and minimum deposit requirements.
Starter Account:
The Starter Account is the basic account option offered by TRADERS-CHOICE.NET. It has a minimum deposit requirement of $100, making it accessible to traders with smaller budgets. While specific features can vary, Starter Account holders usually have access to a range of trading instruments and basic trading tools.
Premium Account:
The Premium Account is designed for traders who want access to additional features and higher trading limits. It requires a minimum deposit of $1,000. With a Premium Account, traders enjoy benefits such as enhanced customer support, advanced trading platforms, lower trading fees, and possibly access to exclusive educational resources.
Professional Account:
The Professional Account is the most advanced account type offered by TRADERS-CHOICE.NET. It is tailored for experienced traders and requires a higher minimum deposit of $5,000. Professional Account holders typically enjoy the most extensive range of features, including personalized account management, premium trading tools, lower spreads, priority access to new trading opportunities, and other benefits tailored to their specific needs.
Deposits & Withdrawals
TRADERS-CHOICE.NET provides the convenience of accepting deposits and withdrawals through Bitcoin, Icons, Ripples, and Cash App.
Bitcoin:
TRADERS-CHOICE.NET accepts deposits and allows withdrawals through Bitcoin, a popular cryptocurrency. To make a deposit, you would typically need to have a Bitcoin wallet and initiate the transfer by providing the necessary details.
Icons:
TRADERS-CHOICE.NET also accepts Icons, a form of cryptocurrency, for deposits and withdrawals. Similar to Bitcoin, you would need an Icons wallet to initiate a deposit. The process usually involves providing the required information and confirming the transfer.
Ripples:
To deposit funds using Ripples, you would need a compatible wallet and provide the necessary details to initiate the transfer. The funds will be converted to your account's base currency upon deposit.
Cash App:
TRADERS-CHOICE.NET also accepts deposits and allows withdrawals through Cash App. Cash App is a popular peer-to-peer payment platform that facilitates the transfer of funds. To make a deposit, you would need to link your Cash App account to TRADERS-CHOICE.NET and initiate the transfer through the provided instructions.
Customer Service
Customers can get in touch with customer service line using the information provided below:
Telephone: +1(731) 6814103
Email: SUPPORT@TRADERS-CHOICE.NET
Conclusion
In conclusion, TRADERS-CHOICE.NET is an online broker that offers various trading instruments across different asset classes. However, it is important to note that TRADERS-CHOICE.NET raises concerns due to the lack of regulation and the inaccessibility of its official website. These factors contribute to a higher level of risk associated with investing in TRADERS-CHOICE.NET. It is recommended that investors exercise caution and carefully evaluate the reliability and credibility of the platform before making any investment decisions.
Frequently Asked Questions (FAQs)
| Q 1: | Is TRADERS-CHOICE.NET regulated？ |
| A 1: | No. It has been verified that this broker currently has no valid regulation. |
| Q 2: | How can I contact the customer support team at TRADERS-CHOICE.NET？ |
| A 2: | You can contact via telephone: +1(731) 6814103 and email: SUPPORT@TRADERS-CHOICE.NET. |
| Q 3: | What is the minimum deposit for TRADERS-CHOICE.NET？ |
| A 3: | The minimum initial deposit to open an account is $100. |
| Q 4: | Is TRADERS-CHOICE.NET a good broker for beginners？ |
| A 4: | No. It is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website. |
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
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