Revolutrading.com Review Is Revolutrading A Forex Scam

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Revolutrading.com Review: Is Revolutrading A Forex Scam?

Revolutrading Review: this is the name of a Forex broker offering CFDs as well that is located in the offshore region of Vanuatu. Is Revolutrading.com a legit Forex broker? Since this is an offshore based brokerage, funds safety is not assured. Find out more about this company.

The most vital part of our reviews is the uncovering of if a company or Forex broker is properly licensed or not. To do this, we first establish the location or region where it claims to be based. Then we check with the commission or authority regulating trade there whether it is listed among regulated companies or not.

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Revolutrading mentions at the tail bottom of the page that it is located in Vanuatu which is an offshore location. Forex trading goes on without proper regulation in this kind of location making it a choice base for scam companies. Trading with a Forex broker that is unlicensed pose many dangers to traders’ funds. Misappropriated funds may not be recoverable by the government as well.

Unlicensed brokerages are not under any rules of traders and this puts traders in more risk than they will be in if they had chosen properly licensed ones.

Advantages of Revolutrading

Traders are promised a “high return on investment” when they start trading with this company. It is common for Forex brokers to start out with claims of making clients richer. This is because everyone seeking out easier ways to trade effectively does so to make more profit.

However, traders need to be careful about believing everything they encounter in the business sphere. Some are geared to just deceive and steal their funds. Considering what is offered and proofs are effective means of discovering fraud as well as reading our reviews and comparing the offers to those of other legit brokers at the bottom of this article.

On the website, they claim that they are running a revolution to help traders earn money. With the best selection of financial products, they say their clients will make more profit. Many reputable companies are mentioned on the page and this maybe to give it some amount of credibility.

Revolutrading Trading Platform

Revolutrading offers traders a sort of web-based platform. We advise readers and traders to always look out for the MT4 or MT5 platforms. The MetaTrader platforms are commonly used because they allow the use of trading robots.

Legit brokers are known to offer at least the popular MetaTrader 4 or 5 trading platform.

These platforms are very good signs as they have become some of the most widely used by experienced traders. They are found to be compatible with various devices’ operating system. All can be used on desktops, Linus, windows, iOS and Android.

Tools that comes with these trading platforms are also found to be useful for traders. It has proven to be user friendly as well and helps traders in analyzing the market easily.

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Trading instruments offered to traders are: company shares, indices, currency pairs, CFDs on agricultural produces and raw materials, and cryptocurrencies. We know that legit brokers offer currency pairs, indices, CFDs on many commodities and cryptocurrencies. It is important to let traders know the options open to them.

Maximum leverage offered to clients is 1:400 and while this may seem generous, it is not always advisable. High leverages can lead to huge loss of funds as well. Spreads are not disclosed on the EURUSD pairs.

Spreads of 1.5 pips or below are what is obtainable in the forex industry and traders are asked to look out for this. Leverages of between 1:30, 1:50 and 1:25 are also common among regulated brokers.

Deposit and Withdrawal methods on Revolutrading

The means that traders are to use to make deposits and withdrawals are said to be more than 20 and some are: Skrill, MoneyNet, Neteller, RegularPay, SafeCharge and many more. The fact that some e-wallets are allowed is encouraging.

This is because standard and legit brokers make deposit and withdrawals available via Visa, MasterCard and Wire Transfer. Many offer e-wallets like: Skrill, Neteller, UnionPay, FasaPay, and so on.

Minimum deposit required is $250 and this is within the obtainable of average of $100 to $250 that is common among legit brokers. Withdrawal fees are not disclosed and we prefer the broker to mention if they apply or not.

Trading bonuses of 30% are offered to all clients on deposits. This is a red flag because when a shady broker offers a bonus, it usually attaches some unfair withdrawal conditions to it. This makes it close to impossible to take out invested funds.

This information is important so that clients can invest any little amount they can spare. In order to be able to first watch the working of the brokerage. If then they are satisfied with what they see, they can determine when to withdraw their money.

Is Revolutrading Licensed?

No. Revolutrading is not a properly licensed and registered broker. Even if anyone comes across a mention of licensing from this firm, so long as it is based in the offshore location, it is not likely to be a trustworthy one.

Regulated Forex brokers in Europe, America, Africa, Australia, and Asia are under many strict rules. The regulatory bodies like the FCA, FSCA, CySEC, AISC, NFA and many others have regulations protecting Forex traders from unfair brokers. This is why they come top as recommended Forex brokers.

Support

We do not find a telephone number or email address for contacting the company but there is an online form provided on the website.

Conclusion

Revolutrading is an unlicensed brokerage located in an unsafe location, hence the low rating. Trading bonus which we have come to be skeptical about is offered and it uses a trading platform that is not MT4 or MT5. If you have anything to say about this broker, do so in the comment section.

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Fortrade

Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK well as ASIC in Australia which makes client funds safe. They accept traders worldwide.. visit their official website

REVOLUTRADING Review – is it scam or safe?

REVOLUTRADING says to be a forex and CFD broker, offering a variety of trading instruments including currency pairs, crypto coins, commodities and indices with 6 account types, leverage as high as 1:400 and a web based trading platform. And the broker also says that with your initial deposit you will instantly receive a 30% trading bonus.

Account type Min. deposit Max. leverage Spread s/ Payout
Basic Account $250 n/a
Standard Account $500 1:400 n/a
Trading Account $1000 1:400 n/a
Pro Account $5000 1:400 n/a
Premium Account $25 000 1:400 n/a
Platinum Account $50 000 1:400 n/a

As good as all of this may sound, we have some serious doubts about the credibility of the broker, so if you are about to deposit any funds with them better read this review first.

REVOLUTRADING Advantages:

Large selection of currency pairs and other CFDs

REVOLUTRADING is offering lots of forex pairs, many of which exotic and minor like USDCNH, USDTRY, USDSEK, USDNOK, USDDKK, USDZAR, USDHKD, USDSGD, USDTHB, USDMXN, USDIDR, USDKRW and USDPLN. And also CFDs on gold, silver, oil, natural gas, indices, stocks and even crypto coins including Bitcoin, Ethereum, Litecoin and Ripple. But if you really like the idea of trading crypto coins, here you may also check our list of brokers, trading with bitcoin CFDs:

We understand that REVOLUTRADING is owned and operated by Revolutrading S.A., but we are not told where the company is based and incorporated. Still, we are reassured that Revolutrading S.A. is licensed and authorized by the Vanuatu Financial Services Commission (VFSC).

Even if true, however, a Vanuatu license is hardly worth more than the piece of paper it has been printed on. Vanuatu is a small atoll in the middle of the South Pacific, thousands of miles off the shores of New Zealand, and it is quite too obvious, why we are concerned about VFSC “licensing capabilities” – they simply lack the capacity to oversee internationally operating brokers like REVOLUTRADING.

On top of that all brokers that want to target customers on regulated markets like the European Union, including the UK, the USA, Canada, Australia or Japan, should be regulated by the relevant local financial authorities like for example the Financial Conduct Authority in the UK, the Australian Securities and Investments Commission (ASIC) or the Cyprus Securities and Exchange Commission (CySEC).

With a properly regulated EU broker for example your money will be totally safe. EU regulated brokers have to file regular reports, to allow external audits, to maintain a minimum operational capital of no less than 730 000 EUR, which should be sufficient to cover all outstanding payments towards clients, to provide traders with a negative balance protection, to keep their funds in a segregated, protected form creditors, trust account, and even to participate in a client compensation fund.

Thus for example, with a FCA broker your account will be protected for up to 85 000 GBP, even in the unlikely event you broker files for bankruptcy. Here you may check our list of brokers regulated by the FCA in the UK:

As we already noted REVOLUTRADING is offering a 30% welcome bonus. Be aware however, that such promotions always come with some additional withdraw conditions, as for example a minimum trade volume requirement, which too often scammers use as a pretext to cancel your withdraw requests. And here with REVOLUTRADING we even do not know what their “Terms and Conditions” and “Bonus Policy” are, as the documents are simply missing on their homepage.

Skrill not accepted as payment method

REVOLUTRADING accepts payments with major credit cards like VISA and MasterCard, but not Skrill, and that is notable especially since the money transfer company adopted its new anti scam policy. According it Skrill partners only with properly regulated brokers, and as we already discussed with its Vanuatu license REVOLUTRADING can not pass for a regulated broker. In any case, here you may check our list of brokers accepting payments with Skrill:

MetaTrader4 not supported

REVOLUTRADING is offering its clients some kind of a web based trading platform, which unfortunately lacks many standard features, readily available with classical trading solutions like the MetaTrader4. For example with a MetaTrader4 you can easily run automated trading sessions, using modifiable trading bots and over 60 customizable market indicators. And MT4 features an excellent pack of advanced charting tools as well, so here you may check our list of brokers, which do support the platform:

No demo account directly available

Unfortunately we were not given the opportunity to directly open a demo account, so we can not comment on REVOLUTRADING spreads. Just bear in mind that spreads are considered attractive with a standard account, only if they start below 1,5 pips. Here you may also check our list of brokers, offering tighter spreads:

Conclusion:

REVOLUTRADING say to be regulated in Vanuatu, but as we already discussed with a Vanuatu license they can not pass for a legit broker. So once we will repeat our usual advise to trade only with brokers, licensed and authorized by well known financial institutions like the FCA in the UK, CySEK in Cyprus or ASIC in Australia.

Broker Advantages

FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.

Trading212 is a European broker with an excellent proprietary trading platform, which is now available as an iPhone app as well (we tried it out and we loved it). Trading 212’s customers enjoy fast execution a vast selection of trading instruments.

XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.

FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.

FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.

FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.

FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.

HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage – one of the highest in the industry.

RevoluTrading Review

RevoluTrading is Forex and CFD broker owned and operated by RevoluTrading S.A., licensed and authorized by the Vanuatu Financial Services Commission (VFSC).

RevoluTrading.com is considered not safe, as it is not regulated by top-tier financial authorities, like the CySEC in Europe, UK FCA and the Australian ASIC.

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RevoluTrading Review

RevoluTrading says to be a forex and CFD broker, offering a variety of trading instruments including currency pairs, crypto coins, commodities and indices with 6 account types, leverage as high as 1:400 and a web based trading platform.

And the broker also says that with your initial deposit you will instantly receive a 30% trading bonus. Be aware however, that such promotions always come with some additional withdraw conditions, as for example a minimum trade volume requirement, which too often scammers use as a pretext to cancel your withdraw requests. And here with REVOLUTRADING we even do not know what their “Terms and Conditions” and “Bonus Policy” are, as the documents are simply missing on their homepage.

Breakdown

Location: N/A

Minimum deposit: $250

Spread: N/A

Leverage: Max 1:400

Assets: Forex, CFD, Binary options

Support MT4: N/A

License: ? Vanuatu Licensed

RevoluTrading License

Here at the Scam Expert Advisor, we have reviews of many Forex brokers and trading software. The number one item we check when reviewing a broker to see if they are a scam is a valid license.

The reason smart people online invest with a licensed broker, is because there are many investment scams online. By using a licensed and regulated broker, you know your money is safe, and the company is monitored by the governments regulators.

RevoluTrading owned and operated by the RevoluTrading S.A LTD is licensed by the Vanuatu Financial Services Commission (VFSC).

Even if true, however, a Vanuatu license is hardly worth more than the piece of paper it has been printed on. Vanuatu is a small atoll in the middle of the South Pacific, thousands of miles off the shores of New Zealand, and it is quite too obvious, why we are concerned about VFSC “licensing capabilities” – they simply lack the capacity to oversee internationally operating brokers like REVOLUTRADING.

Trading with industry backed and expert recommended Forex brokers is a huge advantage. You will always be kept safe at all times and brokers ensure a fair trading opportunity. Stay ahead of the game and sign up with commendable and credible brokers. Time to make money is now with real brokers.

Review Verdict – RevoluTrading is a Scam!

Blacklisted website – revolutrading.com

Our best advise for you

All evidence clearly points to this platform not meeting acceptable trading standards. RevoluTrading is a scam which should be exposed by all parties. Stay away from these scam artists and safeguard your interests. Warn your family and friends from joining this brokerage firm.

Adding this brokerage firm to our blacklist will help protect our readers.

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