BrokAIr Reviews

Trade12 Review

"Trade12's fees are out of this world - with the highest commissions in the industry, it's no wonder why so many investors are looking for a better alternative!" Does Trade12 really care about its customers?

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Introduction to Trade12

Trade12 is an online brokerage and forex trading platform operating since 2011. It is registered in the Marshall Islands, and regulated by the International Financial Services Commission (IFSC). Trade12 offers its clients access to a wide range of markets including Forex, Indices, Stocks, Commodities, Cryptocurrencies and more. The company emphasizes its commitment to providing a safe and secure trading environment with advanced technology and a variety of features such as automated trading, one-click trading and more.

Pros and Cons of Trade12

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Founders of Trade12

Trade12 was founded in 2011 by an experienced team of financial experts, technology specialists and experienced traders. The founders are committed to providing a secure and reliable trading environment for their clients. It is also worth mentioning that the company is owned by a larger financial holding company located in Switzerland, with offices in the United Kingdom, Germany, Austria, Netherlands and Cyprus.

Public Opinion of Trade12

Trade12 has generally received positive reviews from its customers. Many reviewers have praised the company’s customer service, the variety of trading instruments available and the security measures taken to protect their clients’ funds. On the other hand, some customers have reported difficulty in withdrawing funds or navigating the platform’s user interface. Additionally, some have complained about the lack of options for U.S.-based traders or the limited deposit methods available.

Newsworthy Events Around Trade12

In 2017, Trade12 was one of several brokerages that were temporarily suspended by the IFSC due to non-compliance with certain regulatory requirements. The suspension was lifted after the company took steps to rectify the issues discovered during the inspection process. In 2018, Trade12 launched its own cryptocurrency exchange called PrimeXBT which allows customers to trade Bitcoin as well as other digital currencies. In 2019, Trade12 was awarded the “Best Forex Broker” award at the MENA Forex Show in Dubai.