Global Broker Regulation Inquiry App
WikiFX
Broker
Rankings
Regulators
marcustan
Within 1 year

What major risks or drawbacks should I keep in mind when considering using Tradition?

Broker Issues
Tradition
Regulation
05-13
United States
WikiFX
Reply

In my experience as a forex trader, evaluating Tradition requires close attention to both their regulatory standing and operational transparency. While it's reassuring that Tradition is licensed and regulated by the Securities and Futures Commission (SFC) of Hong Kong—a respected authority that enforces strict compliance—this alone does not eliminate all risk. One concern for me is the relatively limited transparency regarding specific trading conditions. For instance, detailed information on spreads, leverage, margin requirements, and order execution speed isn’t readily provided, making it challenging to fully assess the trading environment or potential costs involved. Additionally, Tradition's product lineup is specialized toward professional and institutional markets, focusing on instruments like FX forwards, commodities, and derivatives. As someone looking for a broader selection—like spot forex pairs, stocks, or cryptocurrencies—I find their offerings quite constrained. The availability of only the proprietary TRADe platform, mainly aimed at credit default swaps and bonds, may pose a learning curve or limit flexibility, especially if you are accustomed to more mainstream platforms like MT4 or MT5. Another risk factor for me is the lack of visible client support structures; while having office addresses and contact numbers adds legitimacy, it doesn’t guarantee responsive or comprehensive customer service. In summary, although Tradition’s regulatory standing and long market presence are positive, the absence of detailed, accessible trading conditions and the relatively narrow product suite introduce uncertainties that I must balance before committing significant capital.

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com