Tradiso
Pros and Cons
Pros
- Diverse range of trading instruments, including over 800 assets
- Supports multiple account types catering to different trader profiles
- Utilizes MetaTrader 5 platform for advanced trading tools
- Competitive trading conditions with low spreads and fast order execution
- Availability of demo accounts for practice and testing
Cons
- No regulation from major financial authorities
- Lack of live chat or phone support
- Limited payment options for deposits and withdrawals
- Absence of detailed educational resources
- High minimum deposit requirement for Pro Account
Basic Information
User Reviews
Tradiso Overview
Tradiso is a forex broker established in 2021 and is headquartered in Indonesia. The broker operates under the legal entity Tradiso Group LLC and has been active for approximately 2-5 years. While Tradiso serves clients globally, it is important to note that it does not have regulation from any major financial authorities, which is a significant consideration for potential traders assessing the safety and reliability of their trading environment. For more detailed information, you can visit their profile at https://www.wikifx.com/en/dealer/2139717221.html.
Tradiso offers a diverse range of trading instruments, focusing on forex, cryptocurrencies, and CFDs. Traders can engage with over 70 currency pairs and various commodities through the platform. The broker utilizes the widely recognized MetaTrader 5, known for its comprehensive tools and charting options. Customer support is available via email, although the lack of live chat or phone support may affect responsiveness. Tradiso’s unique advantages include high leverage options and a commitment to providing a user-friendly trading experience, making it an appealing choice for both novice and experienced traders alike.
Is Tradiso Safe? Regulation Analysis
Regulatory Information
| Regulatory Authority | Country/Region | Fund Protection Measures |
|---|---|---|
| No Regulation | Indonesia | No investor protection measures in place |
Is Tradiso Regulated and How Are Client Funds Protected?
Tradiso is not regulated by any recognized financial authority. This lack of oversight raises significant concerns regarding the safety of client funds. Without regulatory supervision, there are no established investor protection measures or guarantees in place, which increases the risk of potential fraud or mismanagement of funds. Traders considering Tradiso should be aware of the inherent risks associated with trading with an unregulated broker, as they may not have access to the same levels of security and recourse typically afforded by regulated entities.
Trading Products and Services
What Trading Instruments Does Tradiso Offer?
| Asset Category | Available Products | Total Count (if available) |
|---|---|---|
| Forex | Major & Minor Pairs | 70+ |
| Commodities | Gold, Oil | Varies |
| Indices | S&P 500, NASDAQ | Varies |
| Stocks | US, EU | 100+ |
| Cryptocurrencies | BTC, ETH | 90+ |
Tradiso offers a comprehensive range of trading instruments that cater to various trading styles and preferences. With over 70 forex pairs available, traders can effectively navigate the forex markets. Additionally, the inclusion of commodities such as gold and oil, alongside indices and a diverse selection of stocks, allows for extensive portfolio diversification. The broker’s cryptocurrency offerings, including over 90 pairs, further enhance the trading experience, making it suitable for both novice and professional traders. This variety enables traders to adopt flexible trading strategies, whether they are looking for short-term opportunities or long-term investments. Overall, Tradiso’s diverse product lineup is designed to meet the needs of different trader profiles, promoting adaptability in ever-changing market conditions.
Account Types and Trading Conditions
What Account Types and Fees Does Tradiso Offer?
| Account Type | Target User Group | Essential Characteristics | Applicability Notes |
|---|---|---|---|
| Standard Account | Beginners | Commission-free trading, higher spreads | Suitable for small-capital practice |
| Pro Account | Experienced Traders | Lower spreads, higher minimum deposit | Requires minimum deposit of $25,000 |
| ECN Account | Professional Traders | Low spreads, commission-based | Charges $7.50 per lot, no minimum deposit required |
Account Opening Process
To open an account with Tradiso, users must follow a series of steps that include submitting personal, employment, and financial information. This process involves identity verification, requiring valid identification and proof of address. Notably, there is flexibility in account types, allowing users to upgrade to a professional account if their trading needs evolve.
Trading Fees
| Product | Spread (pips) | Commission | Notes |
|---|---|---|---|
| Forex (Major Pairs) | From 0.6 | $0 (Standard), $7.50 (ECN) | Competitive spreads for various pairs |
| CFDs (Stocks, Indices, Commodities) | Varies | $7.50 (ECN) | Depends on the specific instrument |
| Cryptocurrencies | Varies | 0.1% | Dependent on market conditions |
Other Fees
Traders should be aware of additional fees that may apply to their accounts, including deposit and withdrawal fees, which can vary by payment method. Tradiso does not impose inactivity fees, but overnight interest (swap rates) may apply to positions held overnight. Currency conversion fees could also be relevant, especially for accounts operating in different currencies.
Trading Platforms and Apps
What Trading Platforms and Apps Does Tradiso Offer for Traders?
| Platform | Device Support | Key Features | Additional Services |
|---|---|---|---|
| MetaTrader 5 | Windows, iOS, Android | 2FA, multiple order types, technical indicators, market search | Demo accounts, automated trading |
| Web Version | Any device with a browser | Secure login, real-time charts, price alerts | None specified |
| Mobile App | iOS, Android | Biometric login, push notifications, one-click trading | None specified |
Tradiso offers the MetaTrader 5 platform, which is suitable for advanced traders looking for comprehensive tools and features. The web version allows for trading from any device with internet access, while the mobile app provides convenient trading on-the-go with secure logins and real-time alerts. These platforms support efficient trading operations with fast execution and a variety of order types, catering to both novice and experienced traders.
Deposit and Withdrawal
Deposit and Withdrawal Options
| Payment Method | Processing Time | Fees | Limits | Base Currency Options |
|---|---|---|---|---|
| Bank Transfer | 3–5 days | No platform fee | Min $100, Max $10,000/day | USD, IDR |
| Cryptocurrency | Instant | No platform fee | Min $50, Max $5,000/day | BTC, ETH |
| E-Wallet (e.g., PayPal) | Instant | 1.5% charge | Min $10, Max $20,000/day | USD |
Minimum Deposit
The minimum deposit requirement for Tradiso is $100. This amount applies uniformly across account types, although specific payment methods may have varying minimums, such as $10 for e-wallet deposits.
How to Withdraw
- Log in to your Tradiso account.
- Navigate to the ‘Withdrawal’ section in your account dashboard.
- Select your preferred withdrawal method.
- Enter the amount you wish to withdraw.
- Confirm your withdrawal request.
- Check your email for confirmation and wait for processing.
Customer Support
Tradiso Customer Support Overview
Support Channels
Tradiso provides customer support primarily through email. Clients can reach out to the customer support team at support@tradiso.com for assistance with their inquiries. Unfortunately, Tradiso does not currently offer live chat or telephone support, which may impact the speed of their service response.
Service Availability
The customer support service operates during standard business hours, but specific availability times are not detailed. There is no indication that multilingual support is available, so users should consider this when seeking assistance.
Additional Resources
Tradiso provides various educational resources to enhance the trading experience. These may include video tutorials, webinars, market analysis, and trading signals, though specific offerings are not detailed in the information provided. These resources can be beneficial for traders looking to improve their skills and market understanding.
Frequently Asked Questions
No, Tradiso is not regulated by any recognized financial authority. This lack of regulation raises significant concerns regarding the safety of client funds and means there are no established investor protection measures in place, which increases the risk for traders.
Tradiso offers a diverse range of trading instruments, including over 70 forex pairs, commodities such as gold and oil, various indices, stocks from the US and EU, and over 90 cryptocurrency pairs. This variety allows traders to adopt flexible trading strategies.
To make a withdrawal request on Tradiso, log in to your account, navigate to the ‘Withdrawal’ section, select your preferred withdrawal method, enter the amount, and confirm your request. Fiat withdrawals typically process within 1 to 3 business days.
Tradiso primarily offers customer support via email. Clients can reach out to the support team for assistance with their inquiries. However, Tradiso does not currently provide live chat or telephone support, which may impact the speed of their response.
Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.