Broker Review TraderNet: Review of Reviews
The internet is full of scammers who deceive trusting users under the guise of trading assets. However, among them are large companies with a respected reputation. But can they be trusted? Let’s analyze the information about the major broker TraderNet and find out its advantages and disadvantages.
What is known about the broker?
TraderNet is a stock broker founded in 1998. Since 2018, it has been part of the financial company Freedom Finance. The organization is engaged in brokerage, dealer, and depository activities, as well as provides services for managing securities, with a primary focus on the American stock market.
The official website of Freedom Finance ffin.ru provides information on the stock market, including shares of Freedom Holding Corp, traded on Nasdaq, founded in 1981. The Russian division of Freedom Finance was established in 2008, during a difficult financial period, which served as a stimulus for business development. In 2018, the company acquired the oldest broker in Russia, NetTrader, opening a new chapter in its history.
Freedom Finance is licensed by the Central Bank of Russia for activities related to managing securities, brokerage, dealer, and depository activities, as well as offers investment advisory services. The company is located in the business center “Moscow-City,” in the “Mercury” tower, with Timur Turlov as the head.
Trading Conditions
TraderNet specializes in the American stock market, providing access to trading on NYSE, NASDAQ, CBOE, CME, AMEX, as well as on LSE and Euronext.
The broker offers three types of trading accounts: “Standard,” “All-Inclusive,” and “Personal Broker,” with different commissions and subscription fees.
Client Reviews
The variety of reviews about TraderNet cannot be overlooked. Both positive and negative comments about cooperation with the broker are published on the internet. It is important to remember that among them may be ordered reviews, so critically evaluate the information.
The company has licenses and provides extensive information about itself on the official website. Reviews of TraderNet can be diverse and do not always reflect the real situation.
Our Conclusion
TraderNet is an international company with a rich history, providing access to trading on stock exchanges. The broker is licensed and is part of a large financial structure. It is important to carefully study the information and reviews before making investment decisions.
It is necessary to remember that biased reviews may be published on the internet, so it is recommended to verify information from reliable sources.
TraderNet stock broker provides a streamlined experience, although it could benefit from further user interface optimizations and customer support enhancements.
TraderNet provides a solid platform for trading with a decent variety of options, though it may not offer as much educational support or advanced tools as some of its competitors.