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/10

GENETRADE

Belize|5-10 years|
Regulated in Belize|Retail Forex License|MT4/5 full license|High potential risk|Offshore Regulatory|

https://www.genetrade.com/

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

GeniusTrading-Demo

United States
MT4
2

Influence

B

Influence index NO.1

Japan 6.44

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
GeniusTrading-Demo MT4
Server Location United States

Influence

Influence

B

Influence index NO.1

Japan 6.44

Surpassed 91.93% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

support@genetrade.com
https://www.genetrade.com/
5 Cork Street, Belize City, Belize
https://www.facebook.com/GeneTradecom/

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Broker Information

More

Company Name

Genius Trading LTD

Company Abbreviation

GENETRADE

Platform registered country and region

Belize

Company website
Twitter
Facebook
YouTube

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2023-12-05
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • The Belize FSC regulation with license number: IFSC/60/366/TS is an offshore regulation. Please be aware of the risk!

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GENETRADE · Company Summary

General Information & Regulation

Genetrade.com is a trading name of Genius Trading LTD, registration number: 150.338, with Registered Address 5 Cork Street, Belize City, Belize. This website is operated by Genius Trading LTD. Genius Trading LTD is regulated by the International Financial Services Commission (IFSC) under License Number 270/195.

Market Instruments

GeneTrade offers investors the flexibility to choose from some currency pairs in the forex market, gold and silver, and stock indices, depending on their needs.

GeneTrade Minimum Deposit

GeneTrade offers investors two different types of accounts, the Micro Account, and the Standard Account. The minimum deposit for both types of accounts is $5, which sounds a good option for new traders to get started.

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GeneTrade Leverage

GeneTrade offers the flexible trading leverage, from 1:1 to 1:1000, so traders have the flexibility to choose the suitable trading leverage according to their risk tolerance.

Spreads & Commissions

The average spread is 1.7 pips for EURUSD, 2.1 pips for EURGBP, 3.8 pips for gold, and 0.38 pips for silver, and GeneTrade charges investors a spread as commission for their trades.

GeneTrade Trading Platform

GeneTrade offers traders the market-leading and most popular MT4 trading platform, as well as MT4 PC, MT4 Web, MT4 Mac, MT4 Android, and MT4 iPhone to meet a wide range of user needs. MT4 features a user-friendly interface, stable and smooth performance, and the ability to help traders of all levels customize appropriate trading strategies to help traders get ahead in the financial markets.

Deposit & Withdrawal

GeneTrade welcomes traders to deposit and withdraw funds from their investment accounts via wire transfer, Skrill, NETELLER, Bitcoin Wallet, PayTrust, VISA, MasterCard with a minimum deposit amount of $5 and a minimum withdrawal amount of $10. GeneTrade will pay all other deposit and withdrawal fees of at least $200 for traders, except for wire transfers.

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Customer Support

The GeneTrade customer support can be reached only 24/5, via telephone, emails and live chat as well as some social media platform including Facebook, Twitter.

User Reviews

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User comment

4

Comments

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FX1258668766
more than one year
I was looking for a trading platform that provides information and gives me ideas and GENETRADE is it. They have a system that enables me to choose from a wide range of financial instruments and allows me to learn more about trading as I make profits. I’m excited and can’t wait to grow with them!
2023-02-23 11:33
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0
0
幸福满满
more than one year
The minimum deposit is only 5 US dollars, and you can also trade some common instruments on the forex market. The MT4 platform is also provided without commission... The fly in the ointment is that the spread is relatively high. It advertises a 50% deposit bonus, but we don't recommend making an impulse deposit after seeing something like this.
2022-11-25 17:34
Reply
0
0
我心无悔
more than one year
A 50% deposit bonus is said to be offered. Any broker that offers a deposit bonus is likely to be a scammer who tricks you into putting money in and will never get it back once you put it in because they will reject your withdrawal for various reasons. Don’t ask me why I know this. You should know that only those of us who have been deceived can get such a lesson.
2022-11-23 10:15
Reply
0
0
TradeMax悉尼
more than one year
In my experience, never trade with offshore brokers, all they can give you is a broken heart… trust me, I’ve lost $500 on this platform, I am racking my brain in getting my money back…
2022-11-22 18:13
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0
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