The brokerage company Trade12, operating in the Forex intermediary services segment, which is occupied by brokers for Poland, was founded in 2015. It is managed by Exo Capital Markets Ltd. The main office of the company is located in the Marshall Islands, there is no financial regulator.
What kind of feedback did the Forex broker receive from traders for registration data and how was it evaluated in terms of reliability?
Traders in their statements question the reliability of the company. The arguments in this case are registration in offshore, the absence of a financial regulator and the relatively small age of the company itself. They believe that there is nothing in the basic information about it that could guarantee the trader protection against fraud and scam. At the same time, there is a certain number of approving reviews, but there are fewer of them.
Thus, deserved for basic information broker reviews
Terms of cooperation and customer accounts
As brokers usually do for Poland, the company offers traders trading conditions with variations depending on the type of trading account. The general part in them is as follows:
• Leverage –1: 400;
• Lot from - 0.01;
• NDD execution - yes;
• Margin to maintain open positions - yes;
• Requotes - no;
• Trading platform - MetaTrader4.
In this case, the client can choose one of the following accounts:
• Beginner - investments from $ 250, spread from 1.2 (floating);
• Trader - investments from $ 10,000, spread from 1 (floating);
• Expert - investments from $ 50,000, spread from 0,8 (fixed);
• VIP - individually.
What reviews deserved Forex broker for trading conditions?
Discussion of trading conditions by traders on the network is very laconic. Of the advantages, the size of leverage is noted, of the shortcomings - the absence of a client account with a minimum deposit of less than $ 250. Some authors admit that, judging by the proposed conditions, the company is a scam, although at the same time they do not argue in detail why.
Thus, broker reviews earned for trading conditions
In terms of working with clients, the company offers a support package similar to that usually brokers for Poland make up:
• customer support 24 hours a day;
• free education;
• providing relevant information;
• an affiliate program that allows you to receive income for attracting new customers and commission from transactions of attracted traders.
What are the Forex broker reviews for the quality of customer service?
The opinions of traders regarding the quality of work with Trade12 clients were divided. There are those who are absolutely happy with her, and there are those who criticize the support service for being passive in solving problems. Moreover, in the latter case, sometimes the authors believe that it delays the resolution of issues deliberately and because the broker is a scam.
In general, broker reviews were received for customer support
Methods and quality of mutual settlements
Like many brokers for Poland, digging offers its customers to use bank payment methods and payment systems:
• bank cards;
• bank transfers;
What are the reviews of Forex broker for crediting payments and conducting settlements with clients?
Among the statements of traders, reviews about incorrect calculations of the company with customers, frauds and scam prevail. There are reports of delays in the transfer of funds. Positive ratings are also present, but they are much fewer.
We can say that broker earned NEGATIVE reviews