Score
AccepTrade
Dominica|2-5 years| https://acceptrade.com/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Dominica
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskAccount Information
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Company Summary
Note: You can't access AccepTrade's official website: https://acceptrade.com/ right now.
AccepTrade Information
AccepTrade is a brokerage firm, that was established in 2023, and is based in Dominica. The company offers trading opportunities in Forex, Indices, Cryptocurrencies and Commodities. AccepTrade has five types of trading accounts called Bronze, Silver, Gold, Premium, and Islamic. For the Bronze account, there is a minimum initial deposit of $250 while the other four accounts will require a lot more capital at the beginning being $500 for Silver account,$1000 for Gold account , $10 000 for premium one, or $500 for Islamic account .
Is AccepTrade Legit？
AccepTrade is seen to operate without regulatory control. Lack of regulation might increase risks among investors as no established framework for monitoring and ensuring fair practices exist.
Downsides of AccepTrade
- Unavailable Website
Investors can't reach AccepTrade's main website now, which makes them wonder if it's reliable or easy to use.
- Lack of Transparency
Investor understanding regarding what AccepTrade remains limited due to insufficient information concerning this platforms operations and dependability.
- Regulatory Concerns
Investors are unsure if AccepTrade follows any rules, which makes them think twice about how safe the money is and if they can trust the company.
- Withdrawal Difficulty
A user on WikiFX left a report on using the application where he cited many challenges in the process of withdrawal of funds. This concern was still unsolved after one week and more with the request still pending.
Negative AccepTrade Reviews on WikiFX
“Exposure” is what Word-of-mouth received from users as shown on WikiFX.
Before dealing on unregulated platforms, traders are advised to review information and evaluate risks. Please refer to our platform for further information. If you have any fraudulent brokers that need to be reported visit our Exposure section where our team will help solve your problems.
As of now, there was 1 piece of AccepTrade exposure in total. I will introduce it.
Exposure 1. Alleged Scam
| Classification | Alleged Scam |
| Date | March 17, 2023 |
| Post Country | New Zealand |
Conclusion
Using a non-regulated platform like AccepTrade can lead to security issues. For that reason, investors are advised to select regulated brokers that ensure transparency in their operations as well as legal compliance with the law when it comes to investments. Look out for platforms monitored by recognized regulatory bodies because they are much safer trading bases.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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