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Trader500

Operating status: SCAM

Website: https://trader500.com/

Broker violations and abnormal records
  • Nov 07, 2022 BrokersView has Reviewed that Trader500 is an Unregulated Forex Broker

    Trader500 claims to be a reliable broker which is fully licensed and regulated but does not give a clear statement about which country of authority it has regulations in. Besides, Trader500 presents no details about its company information (company full name, office address) or any details that can be used to trace this broker. Lacking such important information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. The truth is, Trader500 is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

    Trader500 claims to be a reliable broker which is fully licensed and regulated but does not give a clear statement about which country of authority it has regulations in. Besides, Trader500 presents no details about its company information (company full name, office address) or any details that can be used to trace this broker. Lacking such important information may be a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. The truth is, Trader500 is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
  • Nov 17, 2022 BrokersView has found that Trader500's domain is not working

    On 18 Nov 2022, BrokersView found that the domain of Trader500 (https://trader500.com/) was invalid. 

    The domain may just be suspended, but the invalidation of a broker's domain is often a bad sign.

    On 18 Nov 2022, BrokersView found that the domain of Trader500 (https://trader500.com/) was invalid. The domain may just be suspended, but the invalidation of a broker's domain is often a bad sign.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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