In this section we will analyze the broker trade idea (also called tradeidea.co), is a Forex, CFDs and Cryptocurrency broker. Is a trade idea 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 did a trade idea review. 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. It should be noted that trade idea does not have a version of the website in Spanish, although due to messages from Spanish-speaking customers we have also decided to review trade idea.
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: does not mention it.
As to its location, the broker mentions having base in: does not mention it.
If we analyze the regulation of the broker: it does not mention anything about being a regulated broker, so we believe that it is an unregulated broker.
If now we go on to analyze account types that offers trade idea, we note that they do not really provide information about owning different types of accounts or plans.
The platforms to operate What trade idea offers are: we believe that Trade Idea's own platform.
We will now analyze the different resources and aids for the trader that trade idea provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.
trade idea provides the following aids or resources to traders or interested parties: explanation above of the products that trade idea offers, some live charts, news about financial events, economic calendar, glossary, not many tools or resources.
| Other information about trade ideas |
Some more information in case you want to contact the company, or see its website for yourself.
Phone number: unmentioned
>>> Assessment on trade ideas <<
Ending with this section, in our opinion Do we believe that the trade idea 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 an unregulated broker, it does not mention where it is based, it does not mention which company it belongs to, when looking for reviews about trade idea we really found mostly negative reviews. 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?
Medical Attention: in July 2020 CONSOB added to trade ideas to your list of fraudulent financial companies, for acting without authorization
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.