TradeQuickFX Review Is Tradequickfx.com A Scam

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TradeQuickFX Review: Is Tradequickfx.com A Scam?

Tradequickfx.com Review: this is the website of a Forex broker that offers trading Binary Options but gives unclear location details. Is it safe to invest funds in TradeQuickFX? Read what our investigation reveals about this company before doing anything else.

The most vital part of our reviews is the uncovering of if a company or Forex broker is properly licensed or not. To do this, we first establish the location or region where it claims to be based. Then we check with the commission or authority regulating trade there whether it is listed among regulated companies or not.

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TradeQuickFX in a bid to avoid the above scrutiny decided to hide its location. Rather it gives confusing details about where it operates from. One time it mentions that it is registered in England and Wales, then in the US. Also, it claims to be owned by 24EXPERTCOIN LIMITED and then by BIT ELITUM LTD. What all this means is that it is unlicensed.

Licensed brokerages are always forthcoming with their location details and the identity of their regulatory commission. Trading with a Forex broker that is unlicensed poses many dangers to traders’ funds.

Misappropriated funds may not be recoverable by the government as well. Unlicensed brokerages are not under any rules of traders and this puts traders in more risk than they will be in if they had chosen properly licensed ones.

Advantages of TradeQuickFX

They claim to be a legal company on their website and offer data and fund security. Privacy and customer support are also mentioned. It is common for Forex brokers to start out with claims of making clients richer. This is because everyone seeking out easier ways to trade effectively does so to make more profit.

However, traders need to be careful about believing everything they encounter in the business sphere. Some are geared to just deceive and steal their funds. Considering what is offered and proofs are effective means of discovering fraud as well as reading our reviews and comparing the offers to those of other legit brokers at the bottom of this article.

Tempting return percentages are offered. It is also TradeQuickFX for clients.

TradeQuickFX Trading Platform

No useful information is provided about the trading platform provided for clients of the Trade Quick FX Forex broker. We advise readers and traders to always look out for the MT4 or MT5 platforms. The MetaTrader platforms are commonly used because they allow the use of trading robots.

Legit brokers are known to offer at least the popular MetaTrader 4 or 5 trading platform.

These platforms are very good signs as they have become some of the most widely used by experienced traders. They are found to be compatible with various devices’ operating systems. All can be used on desktops, Linus, Windows, iOS, and Android.

Tools that come with these trading platforms are also found to be useful for traders. It has proven to be user-friendly as well and helps traders in analyzing the market easily.

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Trading instruments offered to traders are Forex, Binary, and cryptocurrencies. We know that legit brokers offer currency pairs, indices, CFDs on many commodities and cryptocurrencies. It is important to let traders know the options open to them.

The maximum leverage offered to clients is undisclosed and so is the spread used. Take note that some leverages are generous but may lead to loss of funds.

Spreads of 1.5 pips or below are what is obtainable in the forex industry and traders are asked to look out for this. Leverages of between 1:30, 1:50 and 1:25 are also common among regulated brokers.

Deposit and Withdrawal methods on TradeQuickFX

The means of making deposits and withdrawals with this broker are via bitcoins. We do not find any other thing mentioned. We are discouraged that popular e-wallets are not allowed.

This is because standard and legit brokers make deposits and withdrawals available via Visa, MasterCard, and Wire Transfer. Many offer e-wallets like Skrill, Neteller, UnionPay, FasaPay, and so on.

The minimum deposit required is $200 and this is good because it is within the average of $100 – $250 common among brokers. The withdrawal conditions of this broker are not listed, which is suspicious.

This information is important so that clients can invest any little amount they can spare. In order to be able to first watch the working of the brokerage. If then they are satisfied with what they see, they can determine when to withdraw their money.

Is TradeQuickFX Licensed?

No. TradeQuickFX is not a properly licensed brokerage. We reach this conclusion after considering the dodgy details about its location and regulations.

Regulated Forex brokers in Europe, America, Africa, Australia, and Asia are under many strict rules. The regulatory bodies like the FCA, FSCA, CySEC, AISC, NFA and many others have regulations protecting Forex traders from unfair brokers. This is why they come top as recommended Forex brokers.

Support

To get more information about this broker, contact customer support services via (email: [email protected]). Phone access is open only to VIP.

Conclusion

TradeQuickFX is rated low because it is an unlicensed brokerage. The advantages listed on the page cannot be trusted and do not mean much. It does not support the MetaTrader trading platform, transaction methods are limited, and CFDs are not offered. The affordable minimum deposit requirement is good.

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Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices, and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK well as ASIC in Australia which makes client funds safe. They accept traders worldwide.. visit their official website

TradeQuickFX Review: Is Tradequickfx.com A Scam?

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Tradequickfx.com Legit?

Check if Tradequickfx.com is legit or scam

Maybe the website has not much traffic but seems safe.

Report was last updated 6 months ago | Update Now

Here is why we made this classification:

Check Tradequickfx.com trust rating on WOT database:

Unknown: Not Yet Rated

WOT is a browser add-on used by millions of users to rate websites and online shops.

If the site has a bad WOT trust rating it means someone had a bad experience.

If your website has a bad rating, ask WOT to review your site.

Tradequickfx.com blacklisted? Check the blacklist report below.

We scan the website with multiple domain blacklists to better find out if it is malicious.

A blacklisted website may be implicated in malware or spam activities.

OK

OK

OK

OK

OK

OK

OK

OK

Engine Result Details
DNS-BH More Information
GoogleSafeBrowsing More Information
Spam404 More Information
SpamhausDBL More Information
SURBL More Information
ThreatLog More Information
URLVir More Information
YandexSafeBrowsing More Information

Check when Tradequickfx.com domain was created:

The domain name was created 7 months ago.

A shopping website created less than 4 months ago is too new and potentially suspicious.

If a domain name is too “young” we may have not enough details to judge it.

I would not buy goods from an online shop created a few months ago.

Check if Tradequickfx.com uses HTTPS:

The website uses a valid HTTPS (SSL) connection.

An online business that handle payments and sensitive user information must use HTTPS.

The HTTPS connection assures that all the traffic between you and the website is encrypted.

Personal websites (such as blogs, portfolios, etc) do not need HTTPS connection.

I would not buy goods from an online shop that has no HTTPS connection.

Check how much Tradequickfx.com is popular:

The website may not have too much traffic.

The website is ranked #4,372,994 among millions of other websites according to Alexa traffic rank.

Alexa is the most popular service used to rank websites based on their traffic and pageviews.

If the rank is less than 500K the site has a lot of traffic, less than 5M it has some traffic, more than 15M not much.

If the rank is 0 it means the website has no traffic according to Alexa data.

Here is what you should check:

    Check the website reviews on TrustPilotValidate if the website is a certified site by McAfee SECUREQuery the WHOIS database to find the domain ownerSearch for website discussions on Reddit Check if the website has a valid telephone and email address Before buying something contact the website via email I would avoid shopping sites that use free emails (i.e hotmail) A pair of RayBan cannot cost $15 you know right? Make sure the shopping website uses HTTPS connection Check if the website has a Facebook or social profile

Write useful comments including proofs and detailed information.

We may delete comments that doesn’t include proofs.

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