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TradeMTF

Marshall Islands|2-5 years|
Suspicious Scope of Business|High potential risk|

https://trademtf.com/

Website

Rating Index

Contact

+44 2070975188
support@trademtf.com
https://trademtf.com/

Licenses

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

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Contact number

English

+44 2070975188

Other ways of contact

Broker Information

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Company Name

TMTF Ltd

Abbreviation

TradeMTF

Platform registered country and region

Marshall Islands

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away!
Previous Detection : 2024-12-05
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

TradeMTF · WikiFX Survey

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TradeMTF · Company Summary

Note: TradeMTF's official website: https://trademtf.com/ is currently inaccessible normally.

TradeMTF Review Summary
Founded/
Registered Country/RegionMarshall Islands
RegulationUnregulated
Market InstrumentsForex, commodities, indices, stocks and cryptocurrencies
Demo Account
Leverage1:200
EUR/USD SpreadFloating around 1.5 pips
Trading PlatformMetaTrader 4, webtrader
Min Deposit$200
Customer SupportTel: +44 2070975188
Email: support@trademtf.com

TradeMTF is an offshore forex broker registered in Marshall Islands, offering its clients a range of trading instruments, such as forex, commodities, indices, stocks and cryptocurrencies. Besides, traders with this brokerage can have six trading accounts to choose from, leverage up to 1:200. Trading platforms available include the leading MT4 and a webtrader.

TradeMTF is said to be owned and operated by TMTF Ltd, a company registered offshore, not subject to any regulation. Please be aware of the risk.

Pros and Cons

Pros Cons
MT4 supportLack of regulation
Multiple trading choicesInaccessible website
Demo accountsHigh minimum deposit

Is TradeMTF Legit?

TradeMTF is completely unregulated by any institution and is reportedly registered in the Marshall Islands, an offshore jurisdiction that lacks financial regulation. As a result, trading with such brokers is unsafe and can put your funds at risk. Therefore, we strongly recommend against choosing TradeMTF as your trading partner.

No license

What Can I Trade on TradeMTF?

Since TradeMTF's website is inaccessible, we are unable to acquire detailed information about its specific trading instruments. The only information available is some overall classification, such as forex, commodities, indices, stocks, and cryptocurrencies.

Tradable Instruments Supported
Forex
Commodities
Indices
Stocks
Cryptocurrencies
Bonds
Options
ETFs

Account Type

Trade MTF offers six types of live trading accounts: Islamic, Classic, Silver, Gold, Platinum, and TMTF Premium.

Account TypeMin Deposit
Islamic $200
Classic$200
Silver$2,500
Gold$5,000
Platinum$15,000
TMTF Premium$25,000
Account comparison

Leverage

Trade MTF offers a maximum trading leverage of up to 1:200 for all account types, a ratio generally considered suitable for most traders. However, we caution against using such high leverage with unreliable brokers, such as TradeMTF, due to the heightened risk of loss.

Spread

Account TypeSpread TypeSpread
Islamic Variable3
ClassicFixed
Silver2.5
GoldFixed & Variable
Platinum2
TMTF Premium1.5

Trading Platform

TradeMTF offers MetaTrader4 and a web-based trading platform, but their functionality is severely limited and cannot be compared favorably to the latest trading platforms. Therefore, we still recommend that you choose a legitimate broker that provides a professional and advanced trading platform.

Trading PlatformSupported Available Devices Suitable for
WebtraderWeb/
MT4WebBeginners
MT5/Experienced traders
MT4

Deposit and Withdrawal

TradeMTF supports deposits and withdrawals via credit cards, bank wire transfers, Skrill, Neteller, American Express cards, and Paysafecard.

Although TradeMTF says the minimum deposit amount is $200, however, it varies depending on payment methods. Traders who use a credit/debit card to make a deposit will fund at least 250 EUR/GBP, and the minimum deposit amount is 3,000 EUR/GBP through wire transfer.

Additionally, the processing time for withdrawal requests is 48 hours.

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