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Trader Platinum Broker Review

Trader Platinum Broker Review
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Trader Platinum is an unlicensed, offshore forex and CFDs broker and fund manager consultant that claims to offer investment accounts to traders who are looking for more profit. However, the official Trader Platinum website offers no information on the company operating Trader Platinum, no physical address, no working phone number and no trading license of... Read more
Trader Platinum is an unlicensed, offshore forex and CFDs broker and fund manager consultant that claims to offer investment accounts to traders who are looking for more profit. However, the official Trader Platinum website offers no information on the company operating Trader Platinum, no physical address, no working phone number and no trading license of any kind. We also discovered that Trader Platinum has been blacklisted by the Manitoba Securities Commission (MSC) in Canada, which has received several complaints regarding this forex broker.
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  1. Trader Platinum is an unlicensed, offshore forex and CFDs broker and fund manager consultant that claims to offer investment accounts to traders who are looking for more profit.

    However, the official Trader Platinum website offers no information on the company operating Trader Platinum, no physical address, no working phone number and no trading license of any kind. We also discovered that Trader Platinum has been blacklisted by the Manitoba Securities Commission (MSC) in Canada, which has received several complaints regarding this forex broker.

  2. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!

    Between 74-89 % of retail investor accounts lose money when trading CFDs
    Your capital is at risk
  3. Trader Platinum Special features

    On their website, Trader Platinum lists several account types that traders can choose from, depending on prior experience and available capital. The minimum deposit to open an account with Trader Platinum is $250, which is the most common minimum deposit amount required by most forex brokers online.

    All Trader Platinum accounts are listed below.

    Demo Account

    Unfortunately, Trader Platinum does not appear to offer any demo account. Demo accounts are perfect for practicing your trades if you are a beginner and testing out a broker’s platform before investing any real money. We strongly suggest you choose a forex broker that offers a free demo account, especially if you are a beginner.

    Basic Account ($250)

    • Minimum deposit: $250
    • Leverage up to 1:100
    • Base currencies, exotic currencies, indices, commodities, stocks, CFDs, crypto
    • Video tutorials (partial access)

    Standard Account ($2,500)

    • Minimum deposit: $2.500
    • Leverage up to 1:150
    • Base currencies, exotic currencies, indices, commodities, stocks, CFDs, crypto
    • Video tutorials (partial access)
    • Fixed or floating spreads
    • Account manager

    Premium Account ($20,000)

    • Minimum deposit: $20,000
    • Leverage up to 1:200
    • Base currencies, exotic currencies, indices, commodities, stocks, CFDs, crypto
    • Video tutorials (full access)
    • Fixed or floating spreads
    • Account manager
    • PRIME contracts
    • Extra bonuses (up to 100% of deposit)

    VIP Account ($50,000)

    • Minimum deposit: $50,000
    • Leverage up to 1:400
    • Base currencies, exotic currencies, indices, commodities, stocks, CFDs, crypto
    • Video tutorials (full access)
    • Fixed or floating spreads
    • Personal account manager
    • PRIME contracts
    • Extra bonuses (up to 200% of deposit)
    • News & signals
    • Express wire transfers
    • Referral cashback programs

    Tailored Account

    • Minimum deposit: contact account manager
    • Leverage up to 1:400
    • Base currencies, exotic currencies, indices, commodities, stocks, CFDs, crypto
    • Video tutorials (full access)
    • Fixed or floating spreads
    • Personal account manager
    • PRIME contracts
    • Extra bonuses (up to 200% of deposit)
    • News & signals
    • Express wire transfers
    • Referral cashback programs
    • Participation in company events
    • Social trading
    • Dealing room (trading via phone)
    • Meeting with other traders

    Trader Platinum Robot ($5,000)

    There is not much information regarding the Trader Platinum robot or how it works, besides the following:

    • Additional algotrading and robot support
    • 50% discount on best robot
    • Leverage up to 1:100
  4. Try trading with an award-winning broker like IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs
  5. Become an IQ Option trader today

    Join IQ Option and become a trading master! IQ Option is a world-famous regulated broker that takes your trading to the next level. It allows you to trade forex, crypto, stocks, options and much more on its award-winning platform. The best part? You can start trading with a minimum deposit of ONLY $10! Read our IQ Option review.

  6. Trader Platinum Trading software

    With Trader Platinum, you can trade a variety of underlying assets which include:

    • Forex
    • Crypto
    • CFDs
    • Commodities
    • Indices

    The platform that Trader Platinum claims to have available is the popular MetaTrader 4 platform – for download and mobile use.

    MetaTrader 4

    MetaTrader 4 (MT4) is the most popular forex trading platform online. Trader Platinum also mentions that MT4 can be downloaded onto your mobile device or tablet. You can find it in Google Play and the App Store. However, Trader Platimum does not connect users directly to the platform, like most forex and CFD brokers, but provides a link to the official MetaTrader 4 website.

    Another problem is that Trader Platinum does not provide traders with a simpler platform for beginners. MetaTrader 4 may be one of the most popular forex trading platforms, but it is not an ideal option if you are a beginner. It will appear a bit overwhelming and complicated.

    Usually, most brokers provide a second web trader option for beginners, but Trader Platinum has no such option.

  7. If you want to trade with an award-winning licensed broker, we recommended using IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs
  8. Trader Platinum Support information

    The Trader Platinum website is incredibly vague and their contact methods are no different. The broker provides a phone number that doesn’t work and no physical address – just a mention of a partner who receives payments in Azerbaijan.

    The email provided on their contact page is [email protected] and there is also an online contact form available that comes in the form of an email.

  9. Try trading with an award-winning broker like IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs
  10. Trader Platinum Payment Methods

    Another red flag when it comes to Trader Platinum is there is no mention of deposit and withdrawal methods on the website. We do not recommend depositing any money with Trader Platinum.

    Trader Platinum Pros & Cons

    As you have probably realized by now, our review of Trader Platinum found many more disadvantages and red flags than it did advantages. This broker has an incredibly vague website that provides no value or useful information. In addition, Trader Platinum has no license and has been officially blacklisted by the MSC in Canada – warning investors to stay away. Even though they claim to provide access to the popular MetaTrader 4 platform – the cons far outweigh the pros at this point.

    You can see our full list of pros and cons below.

    Pros:

    • MetaTrader 4 – the most popular forex trading platform

    Cons:

    • No license or regulation
    • No company information or address
    • Phone number doesn’t work
    • Vague website, lacks transparency
    • No demo account
    • No mention of deposit or withdrawal methods
    • Blacklisted by the MSC in Canada
  11. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!

    • FREE $10,000 demo account
    • Award-winning trading platform
    • Licensed and regulated broker

    Trade with an
    award-winning broker
    like IQ Option

     

     

    Between 74-89 % of retail investor accounts lose money when trading CFDs
  12. Your capital is at risk
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