6iTrade – what we know and have as facts about it; 6iTrade is a registered trademark of 6iGroup Ltd, which is authorized and regulated by the VFSC under license number 40374. This license allows it to conduct various financial services, including receiving, transmitting, and executing customer orders.
In the Order Execution Policy document, we found that the company executes orders on the basis that it acts on its own account as principal and not as an agent for the client. 6iTrade may become the execution venue of client orders, or it may transmit them for execution with another 6iGroup owned entity or sister company. So, the company may be a market maker whenever it deems appropriate. In general, dealing with market makers involves a conflict of interest because they do not transmit every customer deal and hope that customers will lose. Every loss of customers is their profit.
So far, we have not received any complaints from customers of 6iTrade. If you have any criticism to share with us or feel annoyed by 6iTrade, please fill in the form below, detailing your case. Once we have made your case public, we may attempt to mediate between you and 6iTrade if you wish.