Trade True
About Trade True
TradeTrue is a trading platform that will help you start your journey into the world of trading and learn how to earn money by trading liquid assets. The company claims to have American origins, but the official website trade-true.com is only available in Russian. Here is how the main page of the resource looks.
In the “About the Company” section, you will find a certificate issued in the name of Trade True. However, information about the organizations issuing the certificate is not disclosed. The certificate cannot be enlarged or examined in more detail. After reviewing the information on the website, many aspects of the company’s activities remain questionable:
- information about regulatory bodies and licenses for brokerage services is absent,
- information about the founders and project leaders is not provided,
- the launch date of the platform is not announced,
- internal documentation regulating relationships with clients is not available on the website.
You can contact the broker’s representatives through the online chat or by calling the number for the USA.
Trading Tools and Platforms of Trade True
To conduct trading operations, you are offered to use a platform developed by the company itself.
To make a profit, you can use various instruments:
- CFDs on currency pairs,
- CFDs on stocks,
- CFDs on cryptocurrencies,
- CFDs on ETFs.
You can also earn from trading binary and digital options.
TradeTrue Trading Accounts
The company does not provide pre-designed trading accounts. It is unknown from what minimum amount you can start earning and in which currency to open an account. Information on trading indicators (leverage, swaps, spreads, commissions, etc.) is not publicly available.
To familiarize yourself with the platform’s functionality and test trading strategies, you have access to a demo account with a balance of $10,000. When opening a real account with a deposit of $150, you will receive a bonus that is twice the amount of your deposit.
Account Funding and Withdrawal from “Trade True”
Logos of supported payment systems for financial operations are available in the site’s footer. You can fund your account and withdraw funds without any commissions.
The rules for fund withdrawal are outlined in the FAQ section:
- withdrawal is possible after conducting at least 10 trading operations,
- the company does not cover expenses for conversion and other services during withdrawal,
- the minimum withdrawal amount is $100, the maximum is $5,000 per transaction, $15,000 per week, and $60,000 per month,
- the company is not responsible for payment processing delays,
- amounts up to $5,000 are paid within 3 business days, amounts above this are paid within 5 days.
Regardless of the withdrawal amount, the company’s administration may verify the winnings within one to seven days.
Conclusion
Due to the lack of information about its activities, the company does not allow potential clients to make an objective assessment of its reliability and the prospects of cooperation. Reviews about Trade True can best tell about the feasibility of investing in the broker’s platform and trading on its terms.