Beware! Trading Inc is an offshore broker! Your investment may be at risk.

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Trading Inc is the type of broker that may seem perfectly credible to an inexperienced trader. The truth however turns out to be much more unpleasant. Behind the bold claims and user-friendly website there’s actually a scam scheme run by fraudsters. The reason is simple – Trading Inc falsely claims to be regulated by several world-wide known jurisdictions, but that’s a blatant lie. And the services it provides can prove it – some aspects like the highly risky leverage go against the rules in all the countries this broker claims to be licensed.

On top of that, beware that the link for getting registered here is highly insecure so we had no other choice but to give up opening an account here. And that’s exactly what we advise you to do as well. Watch your steps and avoid such unreliable firms by all means!

Trading Inc Regulation and safety of funds

Guaranteed FundsSegregated AccountsNegative balance protection
Trading Inc
UK regulated brokers£85 000YesYes
EU regulated brokers€20 000YesYes
AU regulated brokersNoYesYes
US regulted brokersYesYesNo

This broker looked suspicious at first glance. First of all, its contact details are just absurd at least to say – there is no address and the phone number is obviously fake as it contains one and the same number. The only piece of information that seems ok is the email, but still – we don’t know if it is real or not.

After we took a closer look at the details about this company we managed to find some useful data. Apparently, Trading Inc claims to be founded and based in Chicago, the US.

It also claims to be regulated by the local National Futures Association (NFA), as well as some other major authorities like the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC). It’s true that all of these bold claims may seem credible if you are an inexperienced trader. We however have quite some experience with fraudsters and had a hint that there’s something fishy around here. There are some aspects in the trading conditions that are against the laws in these countries, so it seemed quite doubtful that Trading Inc could be licensed there.

And we were absolutely right. We searched the website of NFA and there was a warning that Trading Inc is not a member. Take a look:

What’s more there was no track of this company in the registers of ASIC or CySEC either. Apparently Trading Inc has made up the whole story just to look reputable. Who knows if its purported address is real or if it’s just smoke and mirrors like everything else related to this firm.

Don’t deal with such impostor brokers or you risk getting scammed in the blink of an eye!

Trading Inc Trading software

Analytical toolsAuto tradingCustom indicatorsMobile apps
Trading Inc platform
MT430+ indicatorsAndroid
MT550+ indicatorsAndroid
cTrader40+ indicatorsAndroid and iOS

Trading Inc claims to offer MetaTrader 4, available both on desktop and mobile, as well as some other Web platform that is not specified.

Unfortunately, we couldn’t register here. It turned out that the registration link is not secure – a warning appeared stating that this website may be trying to steal some personal information. This fact alone is bad enough to make every potential investor run away and never look back.

And because there is no possibility to preview the platform or to download it beforehand, we can’t confirm if Trading Inc really provides MT4. But regardless of its trading software, we strongly advise you to hold back from this shady firm.

Trading Inc Trading instruments

CurrencyStocksIndicesCryptoCommodities
Trading Inc
XMYesYesYesNoYes
FBSYesYesYesYesYes
FXTMYesYesYesYesYes

According to the website, this broker offers a standard range of assets like forex, metals, indices, shares and commodities. Nothing special that can’t be seen with reputable firms anyway.

Trading Inc Spreads and cost of trading

Trading IncXMFBSFXTM
Spread EURUSDUnknown0.611.1
Spread GBPUSDUnknown1.31.21.4
Spread USDJPYUnknown1.31.21.4

Even though this website lacks some very essential information, at least there is a chart of the account types Trading Inc offers. You can see it down below:

The spreads are not clearly specified. They are said to be fixed and extra low for the Business account and varying from 0 pips for the rest of the accounts. Such promises however don’t mean anything without exact numbers and a software that can prove them. And since we couldn’t open an account we don’t know for sure what to expect. Not to mention that there is also no data about any additional commissions that may increase your trading costs.

In addition, the account currencies are said to be USD and RUB.

Trading Inc Maximum leverage

ForexStocksCryptoGoldIndices
Trading Inc broker1000:1No informationNo informationNo informationNo information
UK regulated brokers30:15:110:110:1
EU regulated brokers30:15:12:110:110:1
AU regulated brokers30:15:12:110:110:1
US regulated brokers50:1

The maximum leverage here is said to be 1:1000 and that’s just insane! The rest of the accounts offer leverage of either 1:500 or 1:300 – amounts that are not only too risky as well, but they also go against the rules in the US, Australia and CySEC, where this broker falsely claims to be licensed. To be precise the leverage there is limited – 1:50 and 1:30 respectively. As you see, this broker can’t possibly be authorized in either of these countries!

Still if you want to trade with higher leverage, better choose a reputable firm. A lot of the legitimate brokers have some offshore subsidiaries that can do the job.

Trading Inc Deposit and withdrawal methods

Deposit timeWithdrawal timeFee
Credit cardsImediateImediateNot specified
PayPalImediateImediateNot specified
QiwiImediateImediateNot specified
WebMoneyImediateImediateNot specified

Trading Inc claims to accept a variety of payment methods like Visa, Mastercard, PayPal, Qiwi, WebMoney and more. But given the fact that we didn’t register, we can’t confirm that either.

As for the execution time, credit card deposits are said to be immediate, while wire transfers may take up to 5 business days.

There is no information of any Deposit/Withdrawal fees, so be on guard. All in all, be careful and better refrain from investing here.

Trading Inc Minimum deposit

Trading IncXMFBSFXTM
Minimum deposit$250$5$10$5

The minimum deposit is said to start from 250 USD, which is a pretty standard amount for the sector. To be honest this is the nicest thing we can say about this broker. And still, there’s no reason to trade here, as there are reputable brokers who can offer much more advantageous trading conditions. For example, usually you can open a micro account with as little as 10 USD.

Trading Inc Withdrawal requirements

Trading volumeFee/Tax on withdrawalMinimum withdrawal
Trading IncNot specifiedNot specified$100
UK regulated brokersNoNoNo
EU regulated brokersNoNoNo
AU regulated brokersNoNoNo
US regulated brokersNoNoNo

We don’t have the slightest idea if there are any fees upon deposits/withdrawals, as this broker doesn’t mention anything on the topic. Be careful however, as most scammers ask for huge fees like 15 or even 20% on every withdrawal request.

What’s more curious however is the fact that this broker has set a minimum withdrawal requirement – $100 or €100 for E-wallets, but it may turn out to be valid for all payment methods. This is also a huge red flag, since reputable brokers don’t define a minimum you can withdraw from your own money!

We sincerely recommend keeping your distance from this shady firm!

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