Next, select your account number, type the withdrawal amount and payment method. Once the required fields of the withdrawal form have been completed, the trader can click ‘request a withdrawal’ and this will complete the process. In case the card doesn’t show a name, then the trader can provide a card statement. Before sending the statement, it is advised that the statement shows the account holder’s name and the card number together — proving ownership of the card. The documents the broker requests are used for payment verification only.
Good brokers in general
Besides forex, it also has access to 45+ CFDs on indices, metals, energies, futures, and shares. TRENDSMACRO is a relatively new online broker — founded in 2020 and based in the Republic of Marshall Islands. The broker prides itself on its expertise as an online trading service provider of currency pairs, precious metals, commodities, and futures.
Once you activate it, the trading platform will execute the trades on your behalf, based on the logic set to make the entries. As for outside threats, it starts with securing its website with encryption. That means hackers won’t be able to intercept any data the user inputs into the website.
Accommodating customer service
If you have an Android device, iPhone or tablet that uses either operating system, then you can download an app. This will provide an optimised version of MT4 for use on mobile devices. It provides fast and easy-to-use interfaces without cutting back on the features that are offered to a large extent.
Trusted broker
All you need to do is submit proof of identity and proof of residence, and you’re good to go. The former includes passports, id cards, and driver’s licenses, while the latter can be bank statements or utility bills. Send them to the broker’s email, and you’ll forex broker rating get your account approved in no time.
- As such, we’ve determined that the broker proves it functions validly.
- It allows for trading with leverage, the level of which will depend on the instrument you are trading.
- Forex Wink broker ratings offer additional perspectives and insights from a diverse range of users, enhancing the overall understanding of a broker’s performance and reputation.
- It makes it extremely easy for traders to set up all of these services.
- The broker’s zero-commission model makes trading competitive and it offers a range of account funding methods.
In most such cases, such ops are executed by rogue, fly-by-night ‘Online Reputation Management’ agencies acting on behalf of their clients. If evidence establishes that the subject knowingly benefited from or facilitated this scam, it may be deemed an ‘accomplice’ or an ‘accessory’ to the crime. The fake DMCA notices in this investigation appears to have been strategically deployed to remove negative content from Google search results illegally.
TrendsMacro
As we said multiple times throughout the Trendsmacro review, its trading conditions are one of the cornerstones of its service. It maintains a consistent degree of excellence, leading to traders being able to express their skills. It has excellent analytical tools that assist you on your trading journey through the MetaTrader4 platform. On top of that, the pricing is cheap, allowing traders to get the most out of the money they put in. Trendsmacro’s accounts are nothing short of excellent, with options present for any trader.
It was founded in 2020 and it is based in the Republic of the Marshall Islands. Faced with these limitations, some companies like TrendsMacro have gone to extreme lengths to fraudulently claim copyright ownership over a negative review in the hopes of taking it down. We recently found out through the Google Transparency Report that a negative review of TrendsMacro had been removed from the Google Search Index or tried to be removed after a fake DMCA notice was sent to Google. Through a lengthy investigative process, I uncovered almost 2700 illegitimate DMCA notices sent to Google – an effort that attempts to unlawfully exploit takedowns and censor real news stories from the web. Unmasking these hidden abuses of our digital legal system was just another step in my research on fake copyright claims. It was clear that the copyright takedown notice that TrendsMacro sent to Google was a fake; the “original article” that went with it was a clear attempt to trick people.
- It does ensure that traders have the ability to completely create their own trading environment.
- It applies an automated system to complete withdrawal requests, ensuring the safety and authenticity of transactions.
- CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
- One of the main costs of trading is found in your spread, and the interesting aspect about TRENDSMACRO is that you essentially choose the level of spread you want by deciding upon your account type.
- Speed is something we’re always looking for with brokers, as every minute spent waiting could mean a missed trading opportunity.
- There’s the classic platform as well as WebTrader and the dedicated mobile app for iOS and Android devices.
This means that many would make the assumption that TRENDSMACRO is available worldwide. Some territories might have their own laws in place for companies without specific licences though, and this is where there is an issue. When signing up for an account with TRENDSMACRO, there is a huge list of countries available. Some of the major countries include the UK, Germany, Canada and Spain. Asktraders is a free website that is supported by our advertising partners. As such we may earn a commision when you make a purchase after following a link from questrade fx our website.
It is possible to withdraw funds from within the account system – and the transaction will usually take two to three days. The money can only be returned to the card or source from which it came. Yes, traders will need to send proof of identity to the broker, as well as proof of residence. Multilingual customer support can be accessed in a variety of ways, including by email, telephone or by mail. Just go to the top right-hand corner of the homepage and click on the ‘Registration’ link, which is clearly displayed in a prominent white box. To complete the registration process, you will need to provide a range of personal details, including your name, contact number and your preferred language.
Its service promises to be user-oriented while maintaining a top level of quality. Trendsmacro started operating in 2021 and works from the UK and The Republic of the Marshall Islands. Its exact addresses are 7 Bell Yard, London, and Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, respectively. Our Trendsmacro review will help you determine whether the broker suits your needs. While there are no plans to offer crypto to traders at the moment, this doesn’t mean that it won’t happen in the future.
It’s also a big positive that TRENDSMACRO hasn’t tried to bump up its income by adding fees on deposits and withdrawals. This can be seen as a bit of a predatory practice as some traders wouldn’t have factored those costs into their calculations. It will also appeal to traders who want to be able to use the latest platforms. TRENDSMACRO uses MetaTrader 4 (MT4) as its trading platform, the market leader in this area is available. This is obviously a massive positive because MT4 has a lot of features included as standard that instantly increase what TRENDSMACRO is able to offer. Trading financial products carries a high risk to your capital, particularly when engaging in leveraged transactions such as CFDs.
As anyone that has used it knows, MT4 is the best in the business and that translates to the firm’s mobile app, which lets you trade anywhere, any time. As such, its mobile platform is a welcome addition to the TRENDSMACRO experience. The platform allows for the browsing of real-time data and live pricing via the MT4 portal. Traders can execute one-click trades for rapid market entry, and exit and place Take Profit and Stop/Loss orders to maximise the efficiency of your trading.
So, you will always be able to open and close positions at a time and place to suit you — essential for keeping on top of the market. There are more than 50 forex pairs, featuring the most liquid currency combinations and some minor and exotic pairings. If you find yourself with less capital to invest, it’s worth remembering that at TRENDSMACRO, the spreads you experience will be high. TRENDSMACRO welcomes traders from across the globe with only a few exceptions — the USA, France and Israel are, for now at least, prohibited from accessing the site. TRENDSMACRO offers a variety of contact methods for customers in need of assistance.
This is still a welcome bonus for traders looking to maximise every penny or cent they invest. There are four different account options — ifc markets review ordered in traditional Bronze to Platinum fashion, and the higher up the pecking order you go, the lower your spread. Traders at the ‘lowest’ level of Bronze will have to account for a significant 2.8 pip spread on their positions, whereas Platinum members enjoy 0.1 pips when closing out. TRENDSMACRO does not offer cryptocurrency trading at the time of writing this review.
Reputational Harm and Motives for RemovalThe allegations and adverse news surrounding TrendsMacro have significantly harmed its reputation. In the financial industry, trust and credibility are paramount, and any suggestion of unethical behavior or incompetence can lead to a loss of clients, partnerships, and revenue. For TrendsMacro, the stakes are particularly high, as its business model relies heavily on its perceived expertise and reliability. If you’re looking for a new broker, visit trendsmacro.com and give them a shot.