Tradevo

Based on its WikiFX data, Tradevo exhibits a very high-risk profile. The firm holds an overall WikiFX score of 1.43, which is exceptionally low in the industry. While it lists a purported Cyprus Securities and Exchange Commission (CYSEC) license (412/22), this license status is explicitly categorized as 'Unverified'. Furthermore, the broker's scope of business is flagged as suspicious. Prospective clients should exercise significant caution, as the combination of an unverified license and a critically low trust score indicates a severe lack of credible oversight and operational transparency.

Tradevo's regulatory status is unverified. Its parent company, XS Markets Ltd, claims a Forex Execution License (STP) from the Cyprus Securities and Exchange Commission (CYSEC) with the number 412/22. However, according to WikiFX assessment, this license is flagged with the status 'Unverified'. This means the purported authorization lacks independent confirmation from official sources and cannot be considered a reliable guarantee of regulatory protection for client funds.

Tradevo offers two main account types with different minimum deposit requirements. The Standard Account requires a minimum deposit of €200. The RAW Account, which features lower spreads, requires a higher minimum deposit of €500.

Information regarding the specific trading platforms (such as MetaTrader 4 or MetaTrader 5) supported by Tradevo is not currently detailed in its public profile. Investors are advised to verify the available trading software directly on the broker's official website or by contacting their customer service.