✔️ Information reviewed and updated in December 2023 by Eduardo López
⭐ Opinions and information about the Trading Network broker ⭐
¿Is the Trading Network broker (aka tradingnetwork.co) really trustworthy? ✅ Is it safe for you to invest your money with this company? ❎ Is Trading Network reliable? ❎ In this section we will analyze the company and its reputation as such on the internet.
Do you want to give us a hand and help us with information about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to give the company a score according to their experience with it. Let's start with the analysis:
✔️ What is Trading Network? Trading Network is a broker of: Forex and CFDs.
✔️ The broker mentions be part of: Wabbit Group LTD.
✔️ Where is it based? Trading Network is based in: Dominica.
✔️Is it a regulated broker? If we talk about regulation, the Trading Network broker does not mention anything about being a regulated broker, which makes us think that it is an unregulated broker.
We will continue to analyze the different account types that Trading Network offers. In the case of Trading Network we note that it has 4 different plans or types of account: Mega Account, Giga Account, Tera Account and Peta Account.
🔹 Mega Account- Minimum initial deposit of $ 250, leverage up to 1: 500, spread from 2.4 pips, minimum lot 0.0001, lot size 1.000.
🔹 Giga Account- Minimum initial deposit of $ 2.000, leverage up to 1: 400, spread from 1.4 pips, minimum lot 0.01, lot size 100.000.
🔹 Tera Account- Minimum initial deposit of $ 15.000, leverage up to 1: 200, spread from 0.4 pips, minimum lot 0.01, lot size 100.000.
🔹 Account Peta- Minimum initial deposit of $ 50.000, leverage up to 1: 100, spread from 0.4 pips, minimum lot 0.01, lot size 100.000.
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🔸 The platform used to operate is: own platform.
🔸 Now, yes, we will analyze the different resources and aids that the company provides traders on its website: some live charts, economic calendar, analysis and strategies, calculators, really not much more than this.
Trading Network Features
What we like the most
What we like least
Additional information about the company
🔸 Phone number: does not have
🔸 E-mail: [email protected]
🔸 Website: tradingnetwork.com
🔸 Bonuses, promotions, offers: 50% bonus when opening an account
🔸 Clarification: If you think that our review is not correct, or you have a different opinion about this company, we invite you to leave a comment in this section - rating with your opinion.
⭐ Trading Network Valuation ⭐
☑️ With the information we have so far, the comments, evaluations and criticisms of users and traders, ⚠️ our opinion is that it seems like a broker with which we have to be careful ⚠️.
☑️ Why? Is a broker with suspicious regulation (unsafe) and further is located in a very dangerous country for these activities (Dominica), on the other hand, when looking for information and other evaluations about Trading Network find a lot of negative reviews and complaints, overall negative feedback.
⛔ Attention ⛔: in May 2021 CNMV added Trading Network to its list of fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔
(I.e. Is Trading Network safe? How reliable is Trading Network? ❎ We consider it to be an unsafe, unreliable company and we do not recommend it. ❎ Why? For the reasons mentioned above.
❗ October 2021 update: CONSOB, Italian financial regulator, has reported to Trading Network due to fraudulent activities.
Do you know this company? Do you think our opinion is not correct? Have you operated with this broker? Share a comment with your experience.
👇 User and trader score 👇