Is TraderUR safe to use?
With a high variety of brokers that you can choose from, it can be hard to know if you are going to use a recommended broker. Especially if you don’t do as much research as possible. There are many things that can go wrong if you are using brokers that aren’t legit and recommended.
Many traders are asking about TraderUR. If this is brokers that can be used without any risks. With this review, you will see that there are many things about this broker that isn’t great and that is a potential risk to traders.
It is important to get as much info about a broker as possible before you can register with them. You need to know what type of broker they are and where they are situated. By getting a valid address, email and telephone number it is easier to see if they are legit or not.
What we know about TraderUR is that they are forex and CFD brokers. That they have a huge variety of cryptocurrencies available for trading. And, that they are situated in St. Vincent & Grenadines. However, besides their email address, there isn’t any valid address or telephone number available for TraderUR. Letting us wondering why don’t they have an address.
Are they registered and regulated?
The one thing that you should know in order for you to register with a broker, is to know if they are registered and regulated. This is the most important thing to know.
Because TraderUR doesn’t have a valid address and telephone number, they can’t be registered. You can’t register a company without having an address and telephone number. This is why TraderUR isn’t registered. If they aren’t registered internationally, they aren’t regulated as well. Meaning that this isn’t safe to use TraderUR as your broker.
Account and minimum required deposit info
It is also important to know what type of accounts a broker has to offer. And, the required deposit that you need to pay with each account option.
With TraderUR, you can choose between four different accounts. You can choose between the Self-managed account, gold account, Platinum account, and the VIP account. Looking at the required deposit we see that they are asking reasonable deposits. Except for the platinum account. This account has a required deposit of $50,000. And, there isn’t any information about the required deposit with the VIP account.
Great things about TraderUR
There are a couple of great things about TraderUR. Things that make traders consider using them as their broker. First of all, they do offer a huge selection of cryptocurrency pairs. They are offering 38 pairs to be exact. Making the choices for traders really great.
The other great thing about this broker is the payment options that you have available. They are offering a huge selection of payment options, that include the most popular e-wallet payments. Making it easier for traders to deposit and withdraw money to and from the account.
Unusual bonus conditions
Yes, they do offer a trade bonus. Something to get the attention of the traders. However, the moment that you know the conditions for getting the bonus, you will realize that this isn’t really possible to qualify for the bonus.
They are just doing this to get the attention of traders. To offer some money back and offering some other bonusses. But, you need to read the terms and conditions carefully, to completely understand what the bonus conditions really is.
Not using a recommended platform for trading
Every broker is making use of a platform to be able to offer to trade to traders. There are some great platforms available and there are some less recommended platforms available. With TraderUR, you won’t be able to use the best and most recommended platform for trading. MT4 isn’t available with them. Making them an even higher risk to use.
What are regulators saying about TraderUR?
Something that you should know before you decide to make use of the brokers. What are regulators saying about TraderUR? Are they recommended or blacklisted?
Regulators are warning traders about using TraderUR. The main reason is that they aren’t registered and regulated. There are also a lot of complaints against them. Making this a broker that is really risky to use. Regulators are regulating all brokers. And, they know exactly what brokers are highly recommended and which are scams and just ways to get some money out of traders. This is why you should take it seriously about what regulators are saying about a broker. And, TraderUR isn’t on their list of the best brokers on the internet.
With all the information about TraderUR, you will see that this isn’t the best and most recommended broker to use. In fact, regulators are warning traders about using them in the first place. There are a couple of good things about using this broker. However, there are much more negative things about them. Things that are making it a huge risk to use them for trading.