Opinions and information about the broker GeneralTrade
¿It is the really reliable GeneralTrade broker? Is it safe for you to invest your money with this company? In this section we will analyze the company and its reputation as such on the internet.
Do you want to give us a hand and help inform about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to rate the company according to their experience with it.
The GeneralTrade broker is a broker of: Forex and CFDs.
The broker mentions to be part of: Lester Partners LTD
GeneralTrade is based in: Marshall Islands, although the terms and conditions in English mention Saint Vincent and the Grenadines, so it is not clear
If we talk about regulation, GeneralTrade is: they don't mention anything about being a regulated company, which makes us believe that GeneralTrade is an unregulated broker.
We will continue to analyze the different account types that GeneralTrade offers. In the case of GeneralTrade we note that GeneralTrade offers 3 different types of account: the Standard Account, the Premium Account and the Prime Account.
Standard Account- Minimum initial deposit of $ 1.000, no commission, up to 1: 100 leverage, 100% maintenance margin, charts and news, daily market update, event analysis.
Premium account- Minimum initial deposit of $ 10.000, no commission, up to 1: 100 leverage, 100% maintenance margin, charts and news, daily market update, event analysis.
Prime Account- Minimum initial deposit of $ 50.000, no commission, up to 1: 100 leverage, 100% maintenance margin, charts and news, daily market update, event analysis.
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The platforms used to operate are: Activ8.
Now, yes, we will go on to analyze the different resources and help that the company provides to traders on its website: initial concepts of the world of investments, some tips for beginners, news about financial events of interest, economic calendar, pips calculator , profit calculator, margin calculator, not much more than this.
Additional information about the company
Phone number: +44 2038795417
Clarification: The GeneralTrade investment company works in different countries, so the information provided may not apply to your country, this review is directed to Latin America and / or Spain.
With the information we have so far, the comments and reviews of users and traders, our opinion is that it looks like a company we should be careful with. Why?
It is an unregulated broker, based in Saint Vincent and the Grenadines or the Marshall Islands (it is not very clear), When looking for other valuations on GeneralTrade we did not really find any, which makes us think that it is a "new" company, the CNMV (Spanish regulator) has issued a warning against GeneralTrade ...
❗ Attention: according to messages from GeneralTrade clients and Royal Trades they are related, both brokers with a very bad reputation and a lot of complaints.
According to messages from GeneralTrade clients, the broker is related to TradeBNP, a company with a very negative reputation.
Do you know this company? Do you think our opinion is not correct? Have you operated with this broker? Share a comment with your experience.
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