Opinions and information about the TradesFly broker
¿It is the really reliable TradesFly 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 TradesFly broker is a broker of: Forex, CFDs and Cryptocurrencies.
The broker mentions to be part of: Brown Fox Limited and Pexil Financial OU.
TradesFly is based in: Estonia and the Marshall Islands.
If we talk about regulation, TradesFly is: because they do not mention absolutely anything about having a financial regulation, which makes us believe that TradesFly is an unregulated company.
We will continue to analyze the different account types that TradesFly offers. In the case of TradesFly we note that it offers 3 different types of account: the Micro Account, the Regular Account and the Privileged Account.
Micro account- $ 500 minimum initial deposit, variable spread, up to 1: 500 leverage, personal account manager, phone trading.
Regular Account- $ 10.000 minimum initial deposit, fixed spread, up to 1: 400 leverage, personal account manager, phone trading.
Privileged Account- $ 20.000 minimum initial deposit, variable spread, up to 1: 300 leverage, personal account manager, phone trading, personalized service.
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The platforms used to trade are: MT5.
Now, yes, we will go on to analyze the different resources and aids that the company provides to traders on its website: explanation about the financial products that TradesFly offers, explanation of some basic concepts of the world of trading, some explanatory graphics.
Additional information about the company
Phone number: +49 800 000 7903
E-mail: [email protected]
Clarification: The investment company TradesFly works in different countries, so the information provided may not apply to your country, this review is directed to Latin America and / or Spain.
* Bonuses or promotions: None by the moment
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, it is based in unsafe countries (Bulgaria, Marshall Islands), when looking for other evaluations on TradesFly, we mostly find negative evaluations ...
October 2019 update: CNMV, the Spanish regulator, has issued a warning against TradesFly
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