Abstract:Trade Vision Group is allegedly a forex and CFD provider registered in Saint Vincent and the Grenadines that claims to provide its clients with various tradable financial instruments with no commission on the WebTrader, APP for Desktop and Mobile trading platforms.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
General Information & Regulation
Feature | Detail |
Regulation | No regulation |
Market Instrument | forex, shares, indices, commodities, and currencies |
Account Type | Real, Islamic |
Demo Account | N/A |
Maximum Leverage | N/A |
Spread | N/A |
Commission | no |
Trading Platform | WebTrader, APP for Desktop and Mobile |
Minimum Deposit | N/A |
Deposit & Withdrawal Method | Credit/debit cards, bank transfers |
Trade Vision Group is allegedly a forex and CFD provider registered in Saint Vincent and the Grenadines that claims to provide its clients with various tradable financial instruments with no commission on the WebTrader, APP for Desktop and Mobile trading platforms. Here is the home page of this brokers official site:
As for regulation, it has been verified that Trade Vision Group currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.23/10. Please be aware of the risk.
Market Instruments
Trade Vision Group advertises that it offers access to a wide range of trading instruments in financial markets, including forex, shares, indices, commodities, and currencies.
Account Types
Trade Vision Group claims to offer real and Islamic accounts. However, it says nothing about the minimum initial deposit.
Commission
All charging is said to be no commission at Trade Vision Group.
Trading Platform Available
Instead of the world's most advanced and popularly-used MT4 and MT5 platforms, Trade Vision Group gives traders WebTrader, APP for Desktop and Mobile. Anyway, you had better choose brokers who offer the leading MT4 and MT5, which are highly praised by traders and brokers alike due to their ease of use and great functionality, offering top-notch charting and flexible customization options. They are especially popular for their automated trading bots, a.k.a. Expert Advisors.
Deposit & Withdrawal
Trade Vision Group says to support credit/debit cards and bank transfers.
Bonuses
It is supposedly a 100% bonus upon deposit. But to withdraw that bonus, you will have to reach a turnover of the bonus/4. If you dont reach that turnover within 44 market days, your bonus will be withdrawn.
Customer Support
Trade Vision Groups customer support can be reached by telephone: +352 20204289, email: support@tradevision-group.net. Company address: First Floor, First St Vincent Bank LTD Building, James Street, Kingstown, St Vincent and the Grenadines.
Pros & Cons
Pros | Cons |
• Wide range of tradable instruments | • No regulation |
• Lack of transparency |
Frequently Asked Questions (FAQs)
Q 1: | Is Trade Vision Group regulated? |
A 1: | No. It has been verified that Trade Vision Group currently has no valid regulation. |
Q 2: | Does Trade Vision Group offer the industry-standard MT4 & MT5? |
A 2: | No. Instead, Trade Vision Group offers WebTrader, APP for Desktop and Mobile. |
Q 3: | Is Trade Vision Group a good broker for beginners? |
A 3: | No. Trade Vision Group is not a good choice for beginners. Not only because of its unregulated condition, but also because of its lack of transparency. |
It has been found that even the regulated and licensed brokers have been opting for scammy tactics, withholding traders’ funds and causing serious losses for them, as is the case for Capital.com. There is not one but a trail of user complaints seeking exposure on WikiFX about their troubling experience with the broker.
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