TradeFW – what we know and have as facts about it; This is a trade name of iTrade Global (CY) Ltd, authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 298/16. This license allows it to conduct various financial services, including receiving, transmitting, and executing customer orders.
We have found in the Terms and Conditions document that the company acts as an agent to all customer’s transactions and it transmits every order to the company’s liquidity providers for execution. TradeFW does not execute orders itself as a principal to principal against the client. Therefore, TradeFW uses the STP (Straight Through Processing) model to fulfill orders. STP brokers usually gain from the spread and traded volume regardless of whether customers win or lose. The STP model assumes that there is no conflict of interest between the client and the intermediary company.
We also found that there are some posts in the forums about using fraudulent practices to push clients to deposit more and more money and withdrawal issues.
So far, we have not received any complaints from customers of TradeFW. If you have any criticism to share with us or feel annoyed by TradeFW, please fill in the form below, detailing your case. Once we have made your case public, we may attempt to mediate between you and TradeFW if you wish.