Score

2.33 /10
Danger

Tradesto

Saint Vincent and the Grenadines

5-10 years

Regulated in Australia

Common Business Registration

Suspicious Scope of Business

Vanuatu Retail Forex License Revoked

Suspicious Overrun

High potential risk

D

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Comparison

Quantity 113

Exposure

Open Account
Website

Score

Regulatory Index1.25

Business Index7.54

Risk Management Index0.00

Software Index4.00

License Index1.25

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Danger

ID BAPPEBTI
2022-02-02
Ministry of Trade Blocks 1,222 Illegal Commodity Futures Trading Websites
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Danger

MY SCM
2020-01-01

Broker Information

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Company Name

Tradesto Corporation

Company Abbreviation

Tradesto

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Facebook

Instagram

YouTube

Linkedin

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 6
Previous Detection : 2025-04-30
  • The number of the complaints received by WikiFX have reached 93 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • VanuatuVFSC (license number: 14736) The regulatory status is abnormal, the official regulatory status is Revoked. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
Tradesto · Company summary

Note: Tradesto's official website - https://tradesto.com is currently inaccessible normally.

Tradesto Review Summary
Founded2012
Registered Country/RegionSaint Vincent and the Grenadines
RegulationVFSC (Revoked), ASIC (Exceeded/Suspicious clone)
Market InstrumentsForex, precious metals, crude oil
Demo Account
LeverageUp to 1:500
EUR/USD SpreadFloating around 1.3 pips
Trading PlatformMT4
Min Deposit$100
Customer SupportTel: +44 2080363883, +1-855-246-7284
Email: support@tradesto.com, info@tradesto.com
Facebook, Instagram, Youtube, Linkedin
Registered office address: Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St Vincent & the Grenadines
Operation office address: 443 EARLY STREET, MUNSTER, KWAZULU NATAL, 4278 SOUTH AFRICA
Regional RestrictionsAfghanistan, Bosnia and Herzegovina, Democratic Peoples Republic of Korea (DPRK), Guyana, Iran, Iraq, Lao Peoples Democratic Republic, Myanmar, Papua New Guinea, Syria, Uganda, Vanuatu, Yemen

Tradesto Information

Tradesto, an unregulated online Forex and CFD broker, was founded in 2012 and set offices in St. Vincent and the UK. It is an ECN broker that offers online trading through the sophisticated MetaTrader 4 trading platforms. Tradesto Corporation is incorporated and registered in Saint Vincent and the Grenadines under license number 22360 IBC 2014.

Tradesto's homepage

Pros and Cons

Pros Cons
Demo accountsRegional restrictions
Multiple account typesInaccessible website
MT4 platformNo regulation
Popular payment optionsLimited tradable assets
Wide spreads

Is Tradesto Legit?

No. Tradesto currently has no valid regulations. Please be aware of the risk!

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
South Africa
Vanuatu Financial Services Commission (VFSC)RevokedTRADESTO CORPORATIONRetail Forex License14736
Australia
Australia Securities & Investment CommissionExceeded TRADESTO CORPORATIONCommon Business Registration616 567 698
Australia
Australia Securities & Investment CommissionSuspicious clone COC CORP PTY LTDCommon Business Registration650 004 694
Revoked VFSC license
Exceeded ASIC license
Suspicious clone ASIC license
Domain information

What Can I Trade on Tradesto?

Tradable Instruments Supported
Forex
Precious metals
Crude oil
Indices
Stocks
Cryptocurrencies
Bonds
Options
ETFs
Trading products

Account Type

Account TypeMin Deposit
Classical$100
Islamic
ECN
MAM
Joint
Corporate

Leverage

The broker offers maximum leverage of 1:500. Since leverage, can amplify both profits as well as losses, choosing the right amount is a key risk determination for traders.

Spread

Asset ClassAvg Spread
Forex2.0 pips
Gold3.0 pips
Oil4.0 pips
Spread

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4PC, iOS, AndroidBeginners
MT5/Experienced traders
MT4

Deposit and Withdrawal

Tradesto accepts payments via wire transfers, Help2pay, Shop2pay, Visa, Mastercard, Neteller, Fasapay, and I-Account, China UnionPay, and Bitcoin.

News

NewsTradesto review – 5 things you should know about tradesto.com

We are reviewing Tradesto, a shady brokerage claiming to be regulated in various jurisdictions. They offer MetaTrader4, purportedly tight spreads and different account types, including Classical, Islamic and Managed ones. However, the broker is utterly dangerous, and you can see why in the full Tradesto review.

WikiFX
2021-12-10 10:44
Tradesto review – 5 things you should know about tradesto.com

User Reviews

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User comment

4

Comments

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李春波
more than one year
Having been trading with Tradesto for several months, and it did give me a surprise. I never thought an offshore broker could be so responsible, always available for help. Trading conditions are not bad. Waiting for my good news, guys.
Having been trading with Tradesto for several months, and it did give me a surprise. I never thought an offshore broker could be so responsible, always available for help. Trading conditions are not bad. Waiting for my good news, guys.
Translate to English
2023-02-27 11:49
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番茄就是西红柿
more than one year
Creo que la estrategia de la compañía es atraer a los usuarios para que inviertan primero y luego, independientemente del resultado, prohibirles retirar dinero, ¡para que algunos usuarios se olviden de su dinero!
Creo que la estrategia de la compañía es atraer a los usuarios para que inviertan primero y luego, independientemente del resultado, prohibirles retirar dinero, ¡para que algunos usuarios se olviden de su dinero!
Translate to English
2022-11-30 14:52
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