Poison Tongue Jun recently saw a brokerage Riddertrader on the Internet. He learned that this broker with Australian licenses was only 3.78 points on the exchange.Intersection
1. Australian license
Poison Tongue found that the Australian AR license at RIDDERTRADERDERTD's Australian AR license was indeed supervised.The Australian AR license is not regulated by Australian ASIC. It is only made by HLKGROUPPTYLTD, which is awarded its AR license. This regulation is very limited, and it can even be said to have no.
So this license is not useful for investors, and funds are not guaranteed at all!
In April 2019, ASIC demanded that its regulatory brokers can no longer provide services to mainland investors, otherwise they will be punished.Therefore, if you are still using ASIC supervision to propagate with Chinese customers, you can directly determine that it is false propaganda and fraud investors, so many platforms in 2019 have directly withdrawn from the Chinese market.
2. Mauritius license
Poisonous tongue found that Riddertraderltd was indeed supervised on the official website of Mauritius (FSC).But Mauritius FSC is offshore supervision.
1. Offshore supervision is usually relatively loose, and the supervision and binding power of financial institutions are relatively weak, which may lead to illegal activities using offshore supervision vulnerabilities.
2. It is difficult for investors to obtain information on the operating conditions and risks of offshore financial institutions, and the transparency of information is low.
3. The offshore regulatory agency usually does not have an investor protection mechanism like the regulatory agency, so investors may face higher risks and losses in the offshore market.
2. Trading tools
1.Tradeevo disadvantages are many
Riddertrader's official website shows that the broker uses the Tradeevo trading platform, but click on the downloaded page to display the access to the visit and cannot be downloaded.
There are many disadvantages of Tradeevo trading platform:
1. High point difference: The point difference of the Tradeevo platform is relatively high, which means that customers need to pay more fees in the transaction.
2. In -depth transactions: For customers who need to conduct in -depth transactions, because the platform does not provide enough functions and tools, it may be restricted.
3. Lack of transparency: In some cases, the trading information of the Tradeevo platform is not transparent enough, which may make it difficult for customers to make decisions.
4. Insufficient service quality: Customers may be difficult to get timely help and reply. In addition, customer service on the platform may not have multi -language support, and users in some countries are not friendly enough.
5. Security issues: Although the Tradeevo platform has taken some security measures, customers still need to take care of fund security.Before the transaction, you should understand the platform's payment method and fund management method to ensure the security of funds.
2. MT5 trading tool cannot be found
Riddertrader's official website promotion and MT5 cooperation is still different!So what is the difference?
The difference is that the RIDDERTRADER server could not be found on the MT5 trading platform. Riddertrader did not use MT5 for transactions at all. This is a false publicity!
In summary, RIDDERTRADER's license is authorized by Australia AR, and Australia is no longer regulated by Chinese customers. A offshore supervision, which is relatively low.Propaganda, it is better to stay away from such securities firms!Intersection
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