Trend Investor Services Review Is Trendinvest.com.au Legit

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Trend Investor Services Review: Is Trendinvest.com.au Legit?

Trendinvest.com.au Review: this is the name of a broker that offers Forex and CFD trading and is based in Australia. Is Trend Investor Services a scam Forex broker? Many traders keep looking for better companies to invest in, but the problem is that some of these firms are run by con artists. Read this review first if you want to use the services of this firm.

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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Trend Investor Services mentions that it is an Australian based brokerage. The Australian Securities and Investment Commission (ASIC) is in charge of monitoring trades in the country. Checking the list online provided by the commission showed that the company is truly licensed and registered. This is an encouraging find.

Licensed brokerages have rules that are set by the commission they are under. Most of the time, these rules are in place to protect investors. This is the reason why investing with these firms is advised.

Advantages of Trend Investor Services

The Trend Investor Services website mentions that this broker has been in existence since 1994. They offer money management services that are strict and in place to protect the investments of their clients. To give traders a wide range of choice they have a globally inclusive portfolio of assets. Their spreads are said to be competitive as well.

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.

Trend Investor Services Trading Platform

Trend Investor Services offers traders the MT4 trading 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.

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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.

Trading instruments offered to traders are: 160+ currency pairs, option trading, precious metals, shares, trading, and CFDs on many commodities. 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 not disclosed. We find this an important detail because high leverages may be generous but are dangerous as they may lead to loss of more funds. Spreads is not mentioned also 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 Trend Investor Services

The means that traders are to use to make deposits and withdrawals are not mentioned on the website. It is not an encouraging find because knowing what transaction means is available is always good. E-wallets may not be accepted which is discouraging.

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.

Another important information which is minimum deposit required is not disclosed. We want to know if this is within the average of $100 to $250 required by most brokers or not. Withdrawal fees are not disclosed and we prefer the broker to mention if they apply or not.

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 Trend Investor Services Licensed?

Yes. Trend Investor Services is properly registered under the Australian Securities and Investment Commission (ASIC) and is therefore authorized to trade in Australia. Scam brokers cannot meet most of the requirements of obtaining this license.

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

To get in touch with the “friendly staff” of this company, traders should dial: 07 5532 7118.

Conclusion

The license that the broker holds is a huge advantage and makes its rating higher than unlicensed firms. However, it does not reveal much details and this is discouraging. It is not advisable for traders to invest with a company that is not big on giving out information. If you have anything to say about this broker, do so in the comment section.

COMPARE WITH A TRUSTED BROKER

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

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