✔️ Information reviewed and updated in April 2024 by Pedro Martínez González
In this section we will analyze the broker SocialTRD (also called by the name: socialtrd.com), is a Forex, ETFs and CFDs broker. Is SocialTRD really recommended for making an investment? Or is it better not to invest with this company? ⛔ Is it a safe broker? Is a gotcha? We will help you determine it. ✅
➡️ In this section you can find the following: opinions about SocialTRD ✅, claims, complaints eexperiences , ananalysis 📊 of the most important characteristics of this company (updated 2022), and most importantly: Is it SocialTRD ⚠️ a safe broker? ⛔ Can we trust this company? ✅ Will we be able to withdraw our money? All this and more in this review about this investment company.
We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? We recommend you leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
✅ The broker mentions being part of: Global Clearing House Ltd.
✅ Regarding its location, the broker mentions being based on: vanuatu.
✅ If we analyze regulation, the broker mentions being regulated by VFSC.
📌 Remember: the best (and safest) option are regulated brokersas they must meet very strict requirements. Work with an unregulated broker it is very risky. 📌
If now we go on to analyze account types offered by SocialTRD, we note that it offers 3 different types of account / plans: Silver Account, Gold Account and Diamond Account. We will leave you an image with a little information about each type of account.
Silver Account: minimum initial deposit $500, spread dfrom 2.1 pips, free trading app, daily market review, customer support.
Gold Account: minimum initial deposit $10.000, spread from 1.5 pips, free trading application, daily market review, customer support.
Diamond account: minimum initial deposit $25.000, spread from 0.9 pips, free trading application, daily market review, customer support, technical and fundamental analysis.
In the following image you can have more information about the types of account. Click here to see the image in full size.
La platform to operate that SocialTRD offers is: own platform.
We will now analyze the different resources and aids for traders that SocialTRD provides on its website. We believe that the resources and help provided on the website can be a great point in favor of the broker.
SocialTRD provides the following aids or resources to traders or interested parties: information about the services you offer, explanation of some important concepts, really not much more than this.
🟢 Other information about SocialTRD 🢢
(I.e. Some more information in case you want to contact the company, or see its website for yourself. (I.e.
🌏 Website: socialtrd.com
📞 Telephone number: +853 626 21 337 | +356 277 80 744
📧 Email: [email protected]
You might be wondering why we did a review on SocialTRD. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, providing key information about the company, we disclose information that every investor should know before leaning or not, for invest with an investment company.
>>> Assessment on SocialTRD <<
Ending with this section, in our opinion Do we believe that the company SocialTRD is trustworthy? Should you invest your money with the company? ⭐ 2022 analysis ⭐
❌ After analyzing it, we recommend caution, since it is a broker that, despite being regulated, is located in one of the most insecure countries for these activities (Vanuatu), in addition, when looking for reviews about SocialTRD we find many that are negative and warn about this broker. We suggest using caution. Bottom line: it doesn't seem like a good idea, we suggest using caution.
⛔ Attention ⛔ : in April 2021 FCA added SocialTRD to your list of fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
➡️ Link to the ⚠️ FCA April 2021 warning
We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest?
You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.
[democracy id = ”1472 ″]
I want to withdraw and they won't let me, how is that possible? WILL THERE BE SOMETHING THAT CAN BE DONE?
Hi Walter, thanks for commenting on SocialTRD. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, the money is not put on the market, they only show it and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. DO NOT do it! It is a clear sign that they want to steal more money from you and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.