The renowned Metatrader 4 platform and its successor, Metatrader 5, which are renowned for their potent automated trading tools, are accessible through Tradiso. They are nevertheless available from much better brokers than Tradiso, so stick with one of them. You should look for Reviews on Tradiso
Spreads substantially higher than the standard 1 pip difference on FX majors are available from Tradiso. The leverage, 1:100, is also excessive. Most authorities forbid such quantities because they pose too much risk to retail trading. In truth, like Tradiso, the majority of brokers who provide them now are only looking to gain more customers.
Traditional methods of deposit and withdrawal
Our suspicion that Tradiso wants to restrict client withdrawals is further supported by the fact that the broker’s withdrawal policy is not posted on its website. Tradiso only accepts cryptocurrency deposits, which are not subject to chargebacks. This typically indicates that the broker wants to charge high withdrawal fees or add another hassle to the process.
A Trading Platform: What Is It?
A software program used to trade securities is known as a trading platform. Through a financial intermediary, such as an online broker, it enables investors to open, cancel, and maintain market positions online. Brokers sometimes provide online trading platforms for free or at a reduced rate in exchange for keeping an account funded and/or performing a certain number of deals each month. The top trading platforms combine powerful features with affordable prices.
Getting to Know Trading Platforms
A trading platform is a piece of software that some financial organizations, such banks and brokerages, make available to traders and investors. In essence, trading platforms let traders and investors execute trades and keep an eye on their accounts. Other functions that aid investors in making investment decisions are frequently included in trading systems. Real-time quotations, interactive charts, a variety of graphing tools, live news feeds, and premium research are a few examples of these capabilities. Platforms may also be designed for certain markets, such as those for stocks, currencies, options, or futures.
What to do if you’ve been duped?
Everyone is susceptible to frauds since the perpetrators are skilled manipulators. You might experience the same thing, but fortunately, there are things you can take to cut down on potential losses:
- The first thing you should do is regain your privacy. Think back to the IDs and credit cards the con artists used, and order new ones right once. Remove any remote control software they may have forced you to install on your PC as well.
- Once that is completed, get in touch with your bank to see if you may request a chargeback. However, as Tradiso only accepts cryptocurrency deposits, this is probably not a good idea. However, if a recovery company contacts you and demands an advance payment in exchange for restoring missing funds, be aware that this is just another fraud.
- Last but not least, feel free to make a comment below and share your own opinions about Tradiso. By doing so, you’ll help spread the word about the scam’s tactics, which is the greatest way to stop it.
