In this section we will analyze the broker Street Trader, is a CFD broker. Is Street 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 might be wondering why we do a review on Street 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, providing key information about the company, we make known information that every investor should know before deciding whether or not to invest with an investment company.
We do this review and assessment, because 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: Street Trader Ltd.
As to its location, broker mentions being based in: Bahamas.
If we analyze broker regulation: it mentions the Bahamas Securities Commission, but does not mention the regulation number to verify this regulation, so we believe it is an unregulated broker. And even if it were a real regulation, in our opinion a Bahamian regulation is unsafe.
If now we go on to analyze account types that Street Trader offers, we note that they do not really provide information about owning different types of account or plans.
HR platforms to operate that Street Trader offers are: Sterling Trader Pro.
We will now analyze the different resources and aids for traders that Street 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.
Street Trader provides the following help or resources to traders or interested parties: explanation about the products that Street Trader offers, explanation of some basic concepts of the world of trading, but really not much more than this ...
Other information about Street Trader
Some more information in case you want to contact the company, or see its website for yourself.
Phone number: (718) 880-8768 and live: support_47022 (Skype)
Email address: [email protected]
>>> Rating on Street Trader <<
Ending with this section, in our opinion Do we believe that the Street Trader company is reliable? Should you invest your money with the company?
The truth is that, we believe that it is better to be careful because: it is based in unsafe countries (Bahamas), it is an unregulated broker, when looking for other reviews or ratings on Street Trader, we really did not find other ratings, which makes to think that it is a "new" company.
For these reasons, we believe that Street Trader is not a recommended broker. In other words, we always recommend working only with duly 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.