TradersHome is an offshore Forex and CFD broker which is targeting the retail investors. Officially owned by TradersHome Ltd located at Richmond Hill Road, Beachmont, Kingstown, Saint Vincent and the Grenadines.
Contact phone number is +18774031459. Customer support email is: email@example.com. Official website is: https://tradershome.com/.
Since, their presentation is mainly after newbies, a lot of people have become victims of this scheme. We as humans are impulsive most of the times, but do not let those glitters fool you.
Go through our review to understand the way they work.
TradersHome is not the kind of investment platform you would want to indulge with. They are just deceptive people who will promise you the best features and deliver nothing.
Their website might look somewhat professional, but regardless of what they say, never give them a dime. Sending them money means you are saying goodbye to your funds forever. So, avoid interacting with them for any reason.
TradersHome Broker Advantages:
Trading Platforms and App
TradersHome supports several trading platforms and it offers seamless cross-platform trading. The Metatrader 5 platform which can be accessed downloaded through the TradersHome website is only one component of the TradersHome network of trading platforms. There’s an MT5 web trader, as well as AndroidTrader, IPAD and iphone apps, all of which grant access to high-liquidity orderbooks for all the supported currency pairs. There’s a simplified bundle interface which allows for the instant execution of forex trade.
The multi-level account system currently supported by the broker covers a wide range of users, from the retail investors/forex beginners, all the way to institutional entities looking to throw their weight around in any of the featured markets.
The Student, Starter and Premium accounts allows clients to deposit a minimum of $250, $2,500 and $10,000 for trading.
The Advanced and Pro accounts comes with a minimum deposit of $25,000 and $50,000 respectively, while the VIP account comes with a minimum trade deposit of $100,000.
Another possible advantage of this broker is the generous leverage exetended to clients, reaching 1:400. While leverage is a controversial topic, having the option to use high leverage levels is nice.
The way you know a Forex broker is not a scam, is by checking their regulatory status. When you see that they hold a valid license from your governments financial regulator, you can be sure that they are a legitimate broker. Forex brokers in the United States are registered with the CFTC and are members of the National Futures Association, see here.
TradersHome is not a licensed or regulated broker.
There are so many Forex brokers to compare and choose from online, just look here.
FXTM is a popular Forex and Futures broker that is licensed by CySEC and registered by the FCA. They offer a robust web trader platform, along with MT4 and a desktop trading software.