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TRADING COAST

United Kingdom|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://www.trading-coast.com

Website

Rating Index

Contact

+442030977333
support@tradingcoast.net
https://www.trading-coast.com

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Warning: Low score, please stay away!
2024-12-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

Basic information

Registered region
United Kingdom
Operating period
2-5 years
Company Name
TRADING COAST LIMITED
Abbreviation
TRADING COAST
Company employee
--
Customer Service Email Address
support@tradingcoast.net
Contact number
442030977333
Keywords 4
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk
Account Information
Website
Company Summary
Review

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Official website

Website

  • trading-coast.com

    Server Location

    Ireland

    Website Domain Name

    trading-coast.com

    Server IP

    63.35.250.3

Company Summary

Note: TRADING COAST's official website: https://www.trading-coast.com is currently inaccessible normally.

TRADING COAST Review Summary
Founded2022
Registered Country/RegionUnited Kingdom
RegulationNot regulated
Market InstrumentsForex, commodities, indecies
Demo Account
LeverageFixed at 1:200
SpreadFrom 0.5 pips
Trading PlatformWeb based platform, Trading-Coast Terminal
Min Deposit$250
Customer SupportPhone: +442030977333
Email: support@tradingcoast.net

Founded in the United Kingdom in 2022, TRADING COAST is a broker that lacks a legal regulatory license. The broker offers three types of market instruments, with a minimum deposit set at $250 and a fixed leverage of 1:200. However, since TRADING COAST's website is inaccessible, specific details concerning its market instrument types and trading fees are currently unavailable.

Pros and Cons

Pros Cons
Multiple trading choicesNo Legal regulation
Tight spreadsNo info on trading fees
Unavailable website
Lack of transparency
No demo accounts
No reliable trading platform
High minimum deposit

Is TRADING COASTLegit?

TRADING COAST may be a clone firm and lacks any legal regulation. In addition, we visited the website of the UK regulatory agency, the Financial Conduct Authority (FCA), but did not find any results regarding TRADING COAST. If you deposit funds with TRADING COAST, your money will not be safe as it is likely a clone firm and a scam.

No license

What Can I Trade on TRADING COAST?

TRADING COAST claims to offer three types of trading instruments: forex, commodities, and indices. However, trading with such an unregulated offshore broker poses a high risk. Most importantly, there are no guarantees of making any profits with this broker and even worse, you may lose your money at one sitting.

Tradable Instruments Supported
Forex
Commodities
Indices
Cryptocurrencies
Stocks
Mutual Fund
Futures

Leverage

The leverage offered by TRADING COAST is fixed at 1:200, which is relatively high in the industry. Moreover, high leverage poses high risks and you cannot adjust it according to your preferences or funds. Therefore, you are advised to stay away from TRADING COAST and choose a legal regulated broker.

Trading Platform

TRADING COAST claims to provide two trading platforms: one desktop platform and one web-based platform. However, the functionality of these platforms is quite limited. Therefore, you are advised to choose brokers that have legal permission to use reputable platforms such as MT4/5 or cTrader.

Trading PlatformSupported Available Devices
MT5/
MT4/
cTrader/
Proprietary platformDesktop, web
Trading Platform

Deposit and Withdrawal

TRADING COAST accepts deposits via credit card and wire transfer. However, both deposits and withdrawals incur fees, and TRADING COAST does not provide a clear amount for these fees. This means that the fee schedule could potentially change at any time without prior notice.

Deposit and Withdrawal

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk
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