Trade12 is an established online forex and CFD broker offering trading services to private and institutional clients all over the globe. The brokerage provides a broad range of trading opportunities, without a dealing desk or re-quotes, in forex currency pairs, gold, silver and oil as well as futures in indices, shares and commodities. Trade12 offers leverage up to 400:1 and deep liquidity sources for uninterrupted trading on the reliable MetaTrader4 platforms for desktop and mobile devices. Trade12 is translated into 13 languages, instantly accessible from the dashboard of the home page.
Trade12 is the trading brand name of Exo Capital Markets Ltd, with regional headquarters based in MH 96960 Ajeltake Island-Majuro, Marshall Islands. Since 2014, the company has been registered in the Marshall Islands under the number 68798. Whilst Trade12 is a non-regulated broker, the company’s stated core values include ‘integrity’ and ‘accountability’, with the operating structure governed by ‘transparency, efficiency and honesty’. We saw that Trade12 operates a strict anti-money laundering policy and employs compliance officers to check suspicious transactions. Moreover, as with all reputable forex brokers, customers must provide up-to-date identification details including government issued ID document and a recent utility bill to prove residence.
Despite the apparent excellence of the trading conditions, Trade12 has faced accusations in forums and on the broker’s Facebook page concerning alleged payment disputes. In 2016/2017, several regulatory authorities including the New Zealand FMA, ASIC and CySEC in Cyprus, are reported to have issued trade warnings about Trade12. They apparently arose from the absence of official licensing to provide financial services, in the jurisdictions of those regulatory authorities. Whilst we are unable to verify the legitimacy of the alleged customers’ accusations against Trade12, we always remind our readers of the potential risks of trading with non-regulated brokers. Furthermore, we provide a list of reviewed, regulated brokers on our website, for readers to choose from with confidence.