Tradesto – scammers or a decent broker?

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Tradesto – what we know and have as facts about it; This is a trade name of Tradesto Corporation, which is authorized and regulated by the VFSC under register number 14736. In addition, Tradesto Corporation is supervised and regulated by the authorities of Saint Vincent and the Grenadines under registered number 22360 IBC 2014. These licenses allow it to conduct various financial services, including receiving, transmitting, and executing customer orders.

We have found in the Order Execution Policy file that TRADESTO will act as a principal to each transaction and has direct exposure to client orders. Accordingly, the company will be a counterparty to all customer transactions. This means that Tradesto is a market maker. 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.

We also found that there are some posts in the forums about withdrawal issues, fraudulent practices of intentionally wrong advice, widening of spreads, slow order execution, slow deposit process and a slow and buggy platform.

So far, we have not received any complaints from customers of Tradesto. If you have any criticism to share with us or feel annoyed by Tradesto, please fill in the form below, detailing your case. Once we have made your case public, we may attempt to mediate between you and Tradesto if you wish.

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