Trade111 is a Forex brokerage firm offering a large collection of financial assets for trading. It provides an MT4 trading platform with a minimum deposit of a hefty $500 to open a live account. The entity provides five types of accounts and has no customer support services.
Is Trade 111 A Licensed Broker?
Trade111 is an unregulated platform operated by Blonde Bear OU, a company based in Estonia. The entity is not authorized by the local financial authority, also no legal credentials were found on the official site. Thus, the entity seems to be illegal.
Is It Safe To Invest With Trade111?
Trade111 is a suspicious platform. The absence of proper regulations will make any investment a risky affair. The official website is not functioning appropriately. Hence, we recommend avoiding such a broker while taking any investment decision.
What To Do If You Have Been Scammed By Trade111?
Trade111 reviews indicate some major red flags in the market. It has confronted many allegations related to mismanagement of clients’ funds. Unfortunately, if you are facing any scam issue with Trad111Trad111, contact us. We will make sure you get back your funds.
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