trading.com Reviews
is trading.com legitimate or a scam?How much trust do people have in trading.com?
Why is the trust score of trading.com very low?
1. Unrealistic Promotions: Offering a $100 free credit without any deposit and claiming that all profits are withdrawable is highly unusual in the financial industry. It's a common tactic used by scam brokers to lure in unsuspecting traders.
2. High-Risk Nature of Forex Trading: While forex trading can be profitable, it's also highly risky. The website downplays the risks and emphasizes the potential for profit, which is a common tactic used by scam brokers to attract inexperienced traders.
3. Lack of Regulatory Information: While the website claims to be a registered retail foreign exchange dealer with the Commodities Futures Trading Commission (CFTC) and a member of the National Futures Association (NFA), it's essential to independently verify this information. Scam brokers often make false claims about their regulatory status.
4. Testimonials: The testimonials on the website, especially those claiming substantial profits, should be viewed with skepticism. Scam brokers often fabricate positive reviews to create a false sense of trust.
5. Lack of Detailed Information: Legitimate forex brokers typically provide extensive information about their trading conditions, fees, and company background. The website trading.com lacks detailed information in these areas.
6. Aggressive Marketing: The website uses aggressive marketing tactics, such as prominently displaying the $100 free credit offer, which is a common strategy used by scam brokers to attract attention.
7. Lack of Risk Disclosure: While there is a brief risk warning at the bottom of the page, it's not sufficient to inform potential traders about the significant risks involved in forex trading.
8. Vague Company Information: The website provides limited information about the company behind trading.com. Legitimate brokers are transparent about their corporate structure and management.
9. No Information on Trading Platforms: The website mentions trading platforms but doesn't provide detailed information about them. This lack of transparency is concerning.
10. No Information on Customer Support: Legitimate brokers typically provide detailed information about their customer support services. The lack of such information on trading.com is a red flag.
11. Unrealistic Profit Claims: The website features testimonials from users claiming substantial profits. Such claims are often exaggerated or fabricated by scam brokers to attract new clients.
12. Lack of Educational Resources: While the website mentions educational material, it's important to assess the quality and depth of these resources. Legitimate brokers often invest in comprehensive educational content.
It's important to exercise extreme caution when dealing with websites like trading.com. Always conduct thorough research and consider consulting independent financial advisors before engaging with any online trading platform, especially if the promotional offers seem too good to be true."
the reasons behind this review :
Unrealistic Promotions, High-Risk Nature of Forex Trading, Lack of Regulatory Information, Testimonials, Lack of Detailed Information, Aggressive Marketing, Lack of Risk Disclosure, Vague Company Information, No Information on Trading Platforms, No Information on Customer Support, Unrealistic Profit Claims, Lack of Educational Resources
Positive Points | Negative Points |
---|---|
Website content is accessible No spelling or grammatical errors in site content Domain Age is quite old Archive Age is quite old Whois data is accessible Domain ranks within the top 1M on the Tranco list | Low review rate by AI |
Domain age :
30 years and 2 months and 5 days
WHOIS Data Status :
Accessible
Website :
trading.com
Title :
Instant, Easy Access to the Forex Markets | Trading.com
Description :
Experience instant, transparent, and easy access to the forex markets with trading.com. Open an account today and start trading with confidence.
Website Rank :
333184
Age of Archive :
27 year(s) 8 month(s) 10 day(s)
SSL certificate valid :
Valid
SSL Status :
Low - Domain Validated Certificates (DV SSL)
SSL issuer :
DigiCert Inc
WHOIS registration date :
1994/07/13
WHOIS last update date :
2024/09/09
WHOIS Renewal Date :
2027/07/12
Organization :
Domains By Proxy, LLC
State/Province :
Arizona
Country :
US
Phone :
+1.4806242599
Email :
Select Contact Domain Holder link at https://www.godaddy.com/whois/results.aspx?domain=trading.com
Organization :
Domains By Proxy, LLC
State/Province :
Arizona
Country :
US
Phone :
+1.4806242599
Email :
Select Contact Domain Holder link at https://www.godaddy.com/whois/results.aspx?domain=trading.com
Organization :
Domains By Proxy, LLC
State/Province :
Arizona
Country :
US
Phone :
+1.4806242599
Email :
Select Contact Domain Holder link at https://www.godaddy.com/whois/results.aspx?domain=trading.com
IP : 23.10.217.90
Name :
GoDaddy.com, LLC
IANA ID :
146
Registrar Website :
https://www.godaddy.com
Phone :
+1.4806242505
Email :
abuse@godaddy.com
Target : a9-64.akam.net
IP : 184.85.248.64
Target : a5-67.akam.net
IP : 95.100.168.67
Target : a28-66.akam.net
IP : 95.100.173.66
Target : a1-247.akam.net
IP : 193.108.91.247
Target : a12-64.akam.net
IP : 184.26.160.64
Target : a18-65.akam.net
IP : 95.101.36.65
This website was last scanned on September 9, 2024
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