Company Information

Get to know TradeFred

TradeFred was a global online trading broker offering Contracts for Difference (CFDs) on a wide range of assets including forex, indices, commodities, and shares. Launched as the financial trading arm of the major UK bookmaker Betfred, the company was operated by MagicPath Capital Ltd, a Cyprus Investment Firm (CIF). It aimed to provide a reliable trading experience using the MetaTrader 4 platform. However, the company announced the closure of its business and ceased all operations in February 2019, renouncing its regulatory licenses shortly thereafter.

Industry

Forex Retail BrokerPRIMARY
Financial Other Service

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TradeFred

Australia

Founded in

2016 (10 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

0 reviews

Provided by TrustFinance

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.