TradeVtech Review

TradeVtech Review

General Information

Broker Name: TradeVtech

Broker Type: Forex & CFDs

Country: Saint Vincent and the Grenadines

Operating since year: 2021

Regulation: /

Address: First Floor Saint Vincent Bank Ltd Building, James Street, Kingstown, Saint Vincent and the Grenadines

Broker status: Active

 

Customer Service

Phone: ‍+41225013066

Email: [email protected]

Languages: English

Availability: 24/5

Trading

The Trading platforms: TradeVtech Trading Platforms

Trading platform Time zone: /

Demo account: N/A

Mobile trading: Yes

Web-based trading: Yes

Bonuses: N/A

Other trading instruments: N/A

Account

Minimum deposit ($): $?

Maximal leverage:  1:400

Spread: Variable

Scalping allowed: Yes

 

REVIEW CONTENT

  • GENERAL INFORMATION
  • FUNDS TRADING AND SECURITY
  • THE TRADING ACCOUNTS
  • TRADING CONDITIONS
  • TRADING PLATFORM
  • TRADEVTECH’S TRADING PRODUCTS
  • CUSTOMER SERVICE
  • CONCLUSION

Broker Review: TradeVtech

Broker Review: TradeVtech

 

General Information

TradeVtech is a new brokerage trying to break through into the online trading sphere. The broker has a diverse set of assets set up via CFDs, but the firm specializes in forex trading services. TradeVtech’s offices are in Saint Vincent and the Grenadines, or more precisely First Floor Saint Vincent Bank Ltd Building, James Street, Kingstown. The broker places emphasis on intuitiveness and improvement and welcomes both new and experienced traders. Our TradeVtech review will help you decide whether it’s the right choice for you.

First of all, we should talk about the initial impression you get when you visit the broker’s website. First thoughts are important since they’re true more often than not in the brokerage world. If you see a wonky landing page with buggy elements and typos, it’s unlikely the broker paid much attention to its service. Also, if a broker seems more like an advertisement than a service, it’s likely a scam.

TradeVtech fills neither of the criteria. It looks modern and sleek while running with minimal delays and loading time between pages. If we were to find a complaint, we’d say the broker could’ve sectioned their website better. As all the trading info is in the trading tab, you can’t quickly jump to platforms or assets. However, it’s just a matter of scrolling, and we concede some people prefer the way tradevtech.io does things.

So overall, the company definitely looks competent at first, especially since it’s relatively new. In the rest of our TradeVtech broker review, we’ll go into more detail about its exact services in security. However, for now we’d like to present some of its interesting qualities:

engage in power trading

  • Personal Lessons at TradeVtech

We have already emphasized improvement and openness as TradeVtech’s core principles. Unlike many brokers, it doesn’t just say that to seem endearing but actually backs it up with its service. From the first account you get, you unlock the personalized one-on-one lesson feature that helps you improve rapidly. We value the feature quite highly and consider it a massive step-up over standard broker education such as video and text materials. It’s the premium way to improve, as it helps you notice mistakes you might’ve ignored and provides direct feedback.

  • Tactic and Portfolio Improvement

Building further on the improvement aspect we’ve mentioned already in our TradeVtech review; the broker helps with portfolios and strategies. Naturally, since trading styles and preferences differ wildly, there’s no cookie-cutter way of constructing a strategy or portfolio. That’s why the broker helps you create ones with your own personal preferences, emphasizing your strengths and mitigating weaknesses. In a way, the broker helps you flourish with the function, letting you fix holes in your game.

  • Non-Stop Support

Lastly, we’d also like to mention that, unlike most brokers, TradeVtech’s support works around the clock. That has numerous advantages for traders, starting from cutting down average response time. Beyond that, it also leads to more efficient time organizations, as you can postpone minor issues. If it’s not something urgent, just leave it for when your particular market is closed (usually on the weekends). That lets you spend your allotted trading time actually trading rather than chatting with a customer service representative.

 

Funds Trading and Security

TradeVtech account security

Safety should always be your primary concern when choosing paid-for online services, especially brokerages. Since the likelihood of getting your money in the case of fraud is extremely slim, all you can do is not get scammed. Easier said than done, but it’s possible if you’re cautious of where you decide to put your money. While there are a lot of scam brokers online, there are also a lot of good ones. You just need to learn to discern them.

We’re here to help, as stringent security checks are a part of our TradeVtech review, as well as other reviews. The broker lays out a good baseline for trust with the transparency of its website. Most scam brokerages tend to over-advertise to lure traders into making an initial deposit. After that’s done, they don’t care what happens, as they’ve already gotten a hold of your money. However, TradeVtech doesn’t do that, instead honestly presenting all the relevant info about it.

Furthermore, customers seem to be content with the broker’s services so far. Since traders are the ones that get wronged, they’re usually the first ones to catch on when something’s off. As such, broker reputation can often be a valuable indicator of a company’s trustworthiness. Admittedly, TradeVtech is a relatively young company, and it hasn’t had time to form much of a reputation.

TradeVtech also provides more objective reasons to trust it, such as fund segregation. It also prevents users from hackers via encryption and account authenticators. Lastly, the broker adheres to MiFID II, which helps protect newer traders against crippling losses. In total, there doesn’t seem to be any ill intent from the broker’s side. In fact, it does much better in the security department than most new and even older brokerages.

 

The Review of TradeVtech Trading Accounts

Now we’ve come to the more trading-related features, starting from the accounts the broker provides. It uses a setup that’s standard for most brokers, with tiered accounts based on cumulative deposits. The setup is standard for a good reason since it lets the broker level the playing field without much effort. It can simultaneously reward loyal traders and luxury investors while not compromising the service for newbies or budget traders.

So even the base accounts have everything you need for a complete trading experience. The later ones add luxury, assistance, and various slight improvements in trading. Moving on to the later types never feels necessary, and you can instead do it at your leisure. Here are the account specifications you can expect to see at tradevtech.io:

https://www.tradevtech.io/ trading account types

Silver

  • 24/7 Live Support
  • Online Financial Course
  • 1×1 Training
  • FX Majors and Minors
  • Metals
  • Energies
  • World Indices

Gold

  • 24/7 Live Support
  • Online Financial Course
  • 1×1 Training
  • E-Book
  • FX Majors and Minors
  • Metals
  • Energies
  • World Indices
  • Agricultures

Platinum

  • 24/7 Live Support
  • Online Financial Course
  • 1×1 Training
  • E-Book
  • Webinars
  • Analyst Manager
  • FX Majors and Minors
  • Metals
  • Energies
  • World Indices
  • Agricultures

Diamond

  • 24/7 Live Support
  • Online Financial Course
  • 1×1 Training
  • E-Book
  • Webinars
  • Analyst Manager
  • FX Majors and Minors
  • Metals
  • Energies
  • World Indices
  • Agricultures

 

Trading Conditions

We’ve already covered security earlier in our TradeVtech review, but the broker also needs to back that up with trading. Even the most secure broker isn’t worth it if you can’t make a dime while using its services. Luckily, we don’t feel like that’s the case with TradeVtech. Although it is worth noting that the broker adheres to MiFID II, so uncapping your leverage might take additional verification.

If you’re a high-leverage trader you should have no trouble passing the verification standards. Also, you’ll be glad to find out that the broker also omits any fees, meaning it has excellent pricing. Further along the same line, all account types have tight spreads for their price points. In other words, you’ll simply keep more money than you do with most brokers.

Lastly, we should also mention the funding. There are various deposit and withdrawal methods, with all of them processing quickly. That means there’s a minimal chance of missing a solid opportunity because of the wait time.

 

Trading Platform

The broker uses a proprietary platform that encapsulates the improvement and openness we emphasized earlier in our TradeVtech review. Its intuitive interface flattens the learning curve for newer traders, as they’ll instinctively know what they can do. The analytical functionality, as well as features such as the built-in news, improve the success rate for experienced traders. You can access the platform via browser, downloadable terminal, or mobile devices, increasing convenience.

 

TradeVtech’s Trading Products

As we said earlier in our TradeVtech broker review, most of their materials are CFDs. While some might dislike that, they’re beneficial for the vast majority of retail traders and investors. They allow you to purchase fractions of an asset and access securities you otherwise couldn’t. On the broker’s end, it lets them create a wide asset library without too much strain. Here are the trading product categories you can expect to see at tradevtech.io:

  • Currencies
  • Stocks
  • Commodities
  • Indices
  • Cryptocurrencies

 

Customer Service

As we said earlier, the broker’s live chat has a longer work time than most brokers. We’ve already mentioned the advantages to that, so we’ll just add that you can reach them by phone or mail. We’d like to see a live chat option in the future, but it’s not a huge deal by any chance.

 

Phone: ‍+41225013066

Email: [email protected]

Broker Review: TradeVtech contact information

Review Conclusion

TradeVtech beats out most of its peers by a significant margin. It’s competent in both the security and trading departments, promising a solid experience. And one thing we enjoy about newer brokerages is that they tend to improve rapidly and actually care about their userbase. While a brand-new brokerage may not exactly match a veteran in services, it usually beats it in customer treatment. And the best part is that the features keep improving, so the service might match soon as well.

Even as-is, TradeVtech is an entirely competent brokerage that can provide its users a full and beneficial trading experience. We’re eager to see where it goes in the future. We’ll end our TradeVtech review with a recommendation, as it seems like a broker that would fit most traders.