Tradiso Broker Review: Should You Trust or Be Wary of This Online Broker?by Jasmine Elly Free Guest Posting
If you search “Tradiso reviews” on Google right now, you’ll see tons and tons of negative Tradiso broker reviews. Some reviews have only good things to say while others have only negative things to see.
So, it’s understandable if you’re torn between trusting the online broker and being wary of them. If you read to the end, we’ll help you decide whether or not you should trust and trade with Tradiso.
Is Tradiso an Authentic and Regulated Online Broker?
The online broker was established in 2021 by a group of expert traders to help other online traders navigate the challenges that come with trade execution. The platform promises a lifetime of ease and for the most part, they have lived up to this promise.
However, the bank of negative reviews online make people skeptical about investing with them. Majority of these reviews portray the online broker as an inauthentic and unregulated platform that is out to rip unsuspecting traders of their funds. This begs the question, is Tradiso unregulated?
Absolutely not. Tradiso is regulated by SVGFSA, registered in St Vincents and the Grenadines and is managed by Tradiso Group LLC. So, the platform is in fact a licensed and regulated platform like every other trusted broker. But the skepticism that they are met with is not surprising considering that it is a new financial institution and it takes quite some time to gain customers’ trust in that field.
Tradiso’s funding and withdrawal methods are another source of worry for traders who are considering doing business with the platform. Most Tradiso review claim that the platform only allows funding through crypto assets and does not allow investors withdraw their funds.
Is this the truth though?
Tradiso Funding and Withdrawal Methods
Tradiso accounts can only be funded via crypto assets and crypto transactions are anonymous and untraceable, hence this transaction method is very insecure. If you’ve read a Tradiso review that tagged the broker as shady because of their funding methods, you should know that they have a point.
However, the no-withdrawal news is untrue. Tradiso allows investors to request withdrawals at any time and without any restrictions. The withdrawal process is relatively simple and straightforward. All you have to do is log into your protected client area and choose the Funds option to start your withdrawal process. You can pick a withdrawal method under the "Withdraw" page.
Shady funding methods? Maybe. But can you withdraw from Tradiso? Yes, you can.
What Trading Tools Are Offered on Tradiso?
Tradiso enables internet traders to start deals outside of the FX market as well. You can trade stocks, FX, cryptocurrencies, indices, and other commodities using Tradiso. It's also really simple to trade utilizing the platform; all you have to do is register an account. If you prefer, you can start by using the Demo account to get a feel of the system.
Tradiso Account Types
The standard account, the ECN account, and the Pro account, are the three accounts offered by Tradiso. There is no minimum deposit for the standard and ECN accounts, and they feature a leverage ratio of 1:100 with no commission on trades. The ECN plan has raw stream spreads and $7.50 per lot charged each side.
The minimum deposit for the Pro account is $25,000, with a leverage ratio of 1:100 available. It provides reasonable markup spreads and there is no mention of commissions.
With Tradiso, traders with a higher risk tolerance can leverage their holdings and spend less money by trading on margin. In addition, there are no fees or charges applied to trades, deposits, or withdrawals at Tradiso. Instead, spreads are how the broker makes money.
What Trading Software Does Tradiso Use?
The majority of online brokers use the MetaTrader 4 platform. This trading platform is considred one of the most trusted ones. Additionally, it is simple to use and suitable for both inexperienced and seasoned traders. The built-in API of the trading platform, which enables traders to apply their automated trading strategies, is one of its main advantages, despite the fact that it takes some time to get used to.
Traders can access up to 50 technical indicators using any of the Tradiso accounts, which are all MT4 equipped. Apart from the Meta Trader 4 (MT4) platform, Tradiso also uses the MetaTrader 5 (MT5) and Dash Trader Pro platform.
Does Tradiso Offer A Demo Account?
If an online trading platform does not offer a demo account, you should be wary of trading with them. Thankfully, Tradiso offers an easy to set up demo account that allows you to explore the platform to your heart’s content before signing up for a main account.
This is a good sign to show that Tradiso is not shady like most online reviews claim.
Can You Get Support If You Encounter Trading Issues?
“Don’t do business with a financial organization if you’re not sure they offer excellent customer support”. This is the number one unspoken rule of trading or investing with an online broker.
If the online broker you’re considering using does not offer great customer support, ditch them. Tradiso offers customer support and you can reach them via email if you need any support in the course of your transactions.
Negative Tradiso reviews often claim that Tradiso only offers a chatbox and users almost never get responded to. But this is untrue, because the platform has a support email address clearly written on the website and there are reviews online from customers who have contacted support and gotten prompt response. One of such reviews is shown below.
Final Verdict: What We Think About Tradiso
It’s easy to tell a shady online broker from a million miles away because of the many red flags. However, in this case, we’d say it is a case of misconception and lack of trust. This is not surprising because Tradiso is new on the scene and they are yet to gain the trust of the potential users.
If you want to use the platform, ensure you take out time to do additional indepth research about them and only start with a few dollars before you officially start to trade with them.
Created on Dec 8th 2022 10:49. Viewed 300 times.