Comments on Speedup Trader

In this section we will analyze the broker Speedup Trader (also called speeduptrader.com), is a Forex and Futures broker. Is Speedup Trader really recommended to make 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.

You may be wondering why we did a review on Speedup Trader. 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, by providing key information about the company, we disclose information that every investor should know before leaning or not, for invest with an investment company.

Get your money back - we help you

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? 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: SpeedUpTrader LLC.

As to its location, The broker mentions being based in: United States (this is false since we cannot find information that assures us that it is regulated in that country).

If we analyze the regulation of the broker: they do not mention anything about being a regulated broker, which makes us think that it is an unregulated broker.


Remember that to make a safe investment, the best option (and the safest) are the regulated brokersas they must meet very strict requirements. Instead, when working with a unregulated broker, there is a much higher risk of losing the capital invested, in the event that the company goes bankrupt or is reluctant to return the money as it usually happens.

To learn more about regulations, we invite you to access the following link.

If now we go on to analyze account types offered by Speedup Trader, we noticed that it offers 3 different types of account / plans. We leave an image with a little information about each type of account.

Account 1: minimum initial deposit of $ 25.000, profit of $ 1.500, 3 maximum contracts, daily loss limit $ 500, maximum reduction $ 1.500.

Account 2: minimum initial deposit of $ 50.000, profit of $ 3.000, 6 maximum contracts, daily loss limit $ 1.250, maximum reduction $ 2.500.

Account 3: minimum initial deposit of $ 100.000, profit of $ 6.000, 12 maximum contracts, daily loss limit $ 2.500, maximum reduction $ 3.500.

 

Speedup Trader account types
Speedup Trader account types

In the following image you can have more information about the types of account. Click here to see the image in full size.

Las platforms to operate that Speedup Trader offers are: Speedup Trader's own platform.

We will now analyze the different resources and aids for traders that Speedup Trader provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.

Speedup Trader website
Speedup Trader website

Speedup Trader does not provide help or resources to traders or interested parties.

Get your money back - we help you

| Other information about speedup trader |

Some more information in case you want to contact the company, or see its website for yourself.

Website: speeduptrader.com

Phone number: does not have.

Email address: contacted directly from the website.

>>> Assessment on speedup trader <<

Ending with this section, in our opinion Do we think Speedup Trader company is trustworthy? Should you invest your money with the company?

Seeing all this, we recommend taking caution, because: it is an unregulated broker, its location in the United States is impossible since we do not find data such as registration or regulation number, we do not know where they really operate from. We suggest using caution.

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.

What do you think of Speedup Trader? What has been your experience?

Advertise with us

Leave an answer

Your email address will not be published. Required fields are marked with *