Why you should be cautious with the Strade24 broker: a complete company overview and reviews about it
Strade24 is quite different from other brokerage centers, but the risk from it is quite typical. This ambitious project claims to work with the Shanghai Stock Exchange as its priority.
Official websites: https://strade24.com/ru/, https://uk.strade24.com/ for Russian and English languages respectively. Both websites are accessible and function well, but changes may occur due to possible legal disputes.
Despite the stated advantages and trading conditions, Strade24 turns out to be scammers, confirmed both legally and by the experience of affected traders. This brokerage center offers full functionality, attracting clients, but caution should be exercised in the selection process.
Trading advantages and conditions
- Minimum deposit – $100 USD.
- Minimum trade size – from $1 USD.
- Diverse spreads, a wide range of goods and assets. The website design is of high quality.
Strategic advantages of the brokerage center:
- Market analysis and recommendations from the broker (mostly in the company’s interests).
- Access to major exchanges and tools (often limited to the Shanghai Stock Exchange).
- Promises of more profitable trading and the presence of an international banking license (which often turns out to be unreliable).
- Exchange assistance and support via phone (but do not expect real help from experts).
- Training in trading strategies (often ineffective).
- Local departments in financial centers (do not always correspond to reality).
- Support for various languages, currencies, and investment methods (language selection issues often arise).
- Round-the-clock online support (but the quality of service leaves much to be desired).
The broker’s advantages include:
- Financial resources.
- Direct banking connection, fixed commissions, and spreads.
- Fast and secure fund withdrawals.
- Regulation by an international financial services center.
- International licenses for exchange trading operations.
Website functionality and features
Strade24 faces some issues on its website. For example, limited language options, as well as incomplete information about exchanges and instruments. Nevertheless, some sections, such as the economic calendar, still function.
In conclusion, extreme caution should be exercised when choosing the Strade24 broker due to questionable licenses and insufficient transparency in the company’s operations.
Strade24 presents a mixed bag, offering some potentially attractive benefits for traders while also warranting skepticism due to inconsistent customer feedback and a lack of transparent brokerage details.